In thinking about the outsourcing, it might be thinking about India, because India has experienced outsourcing giants like Wipro and Infosys that can do Information Technology outsourcing in a customized way. With the nearshoring taking roots in Brazil, outsourcing to Brazil gives Noorth American Companies a way to outsourcing summit for Latin America was held in Brazil. The Brasscom is Brazil’s trade association. Just like India, China and Russia, the Brazil is a member of the BRICS group of the countries projected to lead several industries in the near future. Not many people combine Brazil with business, it is still more staggering that the fact that the country has managed to survive the global economic downturn with a 9 percent GDP growth in the last three months. To the US or Europe wherein the recession is still a stark reality and the companies are still figuring out a way toward recovery. The current growth is the highet level of the growth for Brazil in the last 14 years.
By land area, the analysts stated that the biggest advantage in the outsourcing to Brazil is the sheer size of the industry along with the widespread knowledge of the business that exists in the fifth biggest country. The Brazil has a 50 year heritage in the Information Technology field with about 2 million employees. The Information Technology firms are said to be the flexible too, the essence of the nature of Brazil itself is to be open, flexible and adapting.
There are some cons to outsourcing to Brazil as well, the Information Technology market has been in boom for many years in Brazil, they have not relied on the global economy. It implies that the Brazilians would have rather do the business in Portuguese than English. The cost advantage basis, outsourcing to Brazil is cheaper than doing the Information Technology in the US but still costilier than the outsourcing to India and Asian giants like the Philippines and China. The company is not looking solely at cost and it is looking for a nearshoring angle, then it is surely Brazil that can work. To the rest of the world, the Information Technology market in Brazil is still an undiscovered goldmine, in terms of the numbers of experts who have worked in the local industry for the decades and now their skills are open to the rest of the world.
REFERENCE:
http://www.bloggernews.net/124855
