Outsourcing Slideshow: Latin America: IT Outsourcing Hotspot?By Dennis McCafferty | Posted 10-07-2010
25 percent of respondents say their companies outsource to Latin America—making it the third most-popular region for exporting jobs.
Top 2 Destinations?
1. India (60 percent of respondents) 2. China (27 percent of respondents)
45 percent of executives whose companies do not outsource to Latin America say outsourcing there would be of interest in the future.
56 percent of executives believe that doing business in Latin America is becoming easier than doing business in other parts of the world.
89 percent of executives say that Latin America is becoming increasingly important to U.S.-based businesses.
Cost of Labor
69 percent of executives surveyed say cost of labor is a top reason to outsource to Latin America.
49 percent of respondents say technology/infrastructure capability is a top reason to outsource to Latin America
48 percent of respondents list skilled labor as a key consideration when it comes to exporting jobs to Latin America
44 percent of respondents say economic stability is a top factor in outsourcing to Latin America.
41 percent of respondents cite language proficiency as a top reason to outsource to Latin America
40 percent of respondents say the average education level of Latin American workers is a key factor in their decision to outsource there.
37 percent of respondents say that tax benefits are a top reason to outsource to Latin America.