Outsourcing Slideshow: Latin America: IT Outsourcing Hotspot?

By Dennis McCafferty  |  Posted 10-07-2010

25 percent

25 percent of respondents say their companies outsource to Latin America&#151making it the third most-popular region for exporting jobs.

25 percent

Top 2 Destinations?

1. India (60 percent of respondents) 2. China (27 percent of respondents)

Top 2 Destinations?

45 percent

45 percent of executives whose companies do not outsource to Latin America say outsourcing there would be of interest in the future.

45 percent

56 percent

56 percent of executives believe that doing business in Latin America is becoming easier than doing business in other parts of the world.

56 percent

89 percent

89 percent of executives say that Latin America is becoming increasingly important to U.S.-based businesses.

89 percent

Cost of Labor

69 percent of executives surveyed say cost of labor is a top reason to outsource to Latin America.

Cost of Labor

Technology/Infrastructure

49 percent of respondents say technology/infrastructure capability is a top reason to outsource to Latin America

Technology/Infrastructure

Skilled Labor

48 percent of respondents list skilled labor as a key consideration when it comes to exporting jobs to Latin America

Skilled Labor

Economic Stability

44 percent of respondents say economic stability is a top factor in outsourcing to Latin America.

Economic Stability

Language

41 percent of respondents cite language proficiency as a top reason to outsource to Latin America

Language

Education

40 percent of respondents say the average education level of Latin American workers is a key factor in their decision to outsource there.

Education

Tax Benefits

37 percent of respondents say that tax benefits are a top reason to outsource to Latin America.

Tax Benefits