Source: El Cronista
Argentine IT exports increased by 222% between 2003 and 2009, while the exports of goods reached only 86%, according to data from the Permanent Observatory of the Software and Information Services Industry (POSISI). Numerous companies began selling their products to foreign markets while learning about the needs of customers and how to satisfy them through local production. Despite the international crisis of 2008/09, local companies that exported products grew by 23.8% between 2009 and 2010, versus the 19% of non-exports.
Argentina’s Promotion of Software Law is targeted at increasing software service exports into the United States. The practice of penetrating the US market can be done many ways, including relying on personal contacts, local associates, recommendations or through personal visits.
How to Land
Javier Porretti, Commercial Director for Softtek Sudamerica Hispana, an IT business service provider nearing 20 years of experience, and billing $300 million USD, recounts, “toward …
We’re gliding through the Globant facility in the heart of downtown Buenos Aires, and our guide is the t-shirt clad CTO and co-founder of Globant: Guibert Englebienne. First stop – the new executive leadership work space where all top five executives of Globant will work together in the same area. No doors, no walls – just open collaboration space and a nice view of the river.
The Globant Plan: Keep Doing What We’re Doing, and Hit Nasdaq in Two Years
February 15th, 2011Exclusive interview with Globant CEO Martin Migoya
By Tarun George
One of Latin America’s IT stars, Globant has proved that it can take Nearshore sourcing successfully to Silicon Valley. But what is the plan in coming years? We spoke with CEO Martín Migoya to find out. He tells us how Globant is differentiating itself in software development, and discusses his plans for acquisitions and public offerings. Read on for more.
What are the key areas of innovation in tech services that your customers are looking for in 2011?
Migoya: They’re mainly looking for innovation around mobile applications, and around gaming technology. Those are the areas where we’re seeing massive movement , such as firms expanding the use of gaming technology into other areas like training, etc.
But the area that we’re seeing the most innovation happening these days is in social applications connected with the main social networks, and how those can be replicated efficiently without a massive amount of development effort. Corporations want applications that allow them to access that world, in order to target their customers in a more efficient and specific way – this is the big thing that’s bringing social networks into the news these days.
By Armando Moretti
After the US economic crisis, Argentina was one of the countries that was supposed to be located in the “safe zone”. This was partially true because, even though unemployment was not widespread, the IT outsourcing sector was in a kind of stand-by situation stopping the growth and waiting for the main economies to recover their balance.
I noticed and experienced on my own how some US outsourcing contracts that were ready to run or even running in an offshore mode through the Philippines and Argentina, were suddenly reversed. After this “stand-by” period, year 2010 presents a different opportunity and signs indicate that a reactivation of the market is on the horizon. But a central question remains: How hard is Argentina going to work to maintain growth in the outsourcing industry?
COUNTRY PROFILE: Haunted by a Poor Image, Argentina Bids to Become a Key Latin America Outsourcing Player
March 18th, 2010By Tarun George
“The challenge for Argentina is scalability” - Cristian Arguello, Argentina Country Manager, Cognizant
The Argentina outsourcing sector has been around for some time. Since the late ‘80s cities like Buenos Aires have hosted shared service centers for US firms, and while the country is still not an outsourcing powerhouse, it has recently been making waves in the IT services sector. The government has prioritized the software development and design industries over call centers, leading to a strong IT presence in the country, and many new home-grown providers that are being noticed by everyone from North America to India. But Argentina remains mired in chronic problems like heavy bureaucracy and red tape, arbitrary investment rules, and more recently, wage inflation. Nearshore Americas takes a look at some of these challenges to provide a balanced profile of Argentina as an outsourcing option for your company.
One of the MERCOSUR members along with Brazil, Paraguay and Uruguay, Argentina has a lot to offer in terms of business environment. According to the 2009 A.T. Kearney Global Services Location Index, Argentina ranked 27th in the world and 5th in Latin America as an offshore destination. Foreign investment has been on the climb, and some big names to invest have included Intel, Google, Siemens, LG, Yahoo!, HP, Microsoft and IBM. Many of them cite low wages, and an IT-proficient workforce as factors in their decision.
Exclusive: Globant CEO on Saying No to India Inc., Dev Studios and the Argentina Angle
November 16th, 2009By Kirk Laughlin, NSAM Editorial Director
Quick: Name a Latin American software dev firm that will land on NASDAQ within two years, boasting strong revenue and a world-beating reputation for building slick online social networking apps?
Answer: Try Argentina’s Globant, a classic Latin American success story that has so much upside that India Inc. (major India-based global services firms) has already tried to scoop it up.
Nearshore Americas sat down with Martin Migoya, the energetic chief executive of Globant and one of four founders of the company, recently in New York City, to talk about the firm’s big ambitions to become one of the world’s premiere offshore software development players.
