Nearshore Journal

By Philip Peters
Patni Computer Systems Limited (NYSE:PTI), yesterday announced that its moved its Queretaro, Mexico operations into a permanent 11,000 square feet location based in the ITESM Technology Park of Tech de Monterrey.
This move reflects an intensification of the Indian ITO/BPO nearshore presence. Certainly, regional ITO firms such as Neoris, Softtek, Steffanini, Globant and other [...]

By Philip Peters
A recent story  in India’s Economic Express on NASSCOM projects that the outsourcing sector will generate over US$225 Billion by 2020 and create 30 million jobs. Around 10,000 of those jobs will come directly from IT/BPO companies. This reflects a five – time expansion from its current US$50 billion size. This growth in [...]

By Philip Peters
Latin America was not as badly hurt by the recession as North America and European states have experienced. There has been much press and analyst coverage on Chile’s transformational successes and its number one Latin American ranking in economic performance, governance, transparency and service globalization. Its recent earthquake which unfortunately took over 700 [...]

By Philip Peters
Dana Gardner, of Briefing Direct – our most prolific daily blogger analyses Citrix’s acquisition of Paglo – its move into the growing SaaS – based IT market valued at US$4 billion – per Forrester. Paglo, now rebranded as Citrix’s “Go to Manage” extends Citrix Online’s “Go To” web based branding strategy. Dana digs [...]

By Philip Peters
The New York Times Deal Book sited a slew of global telecom related deals in excess of US$15 billion worthy of highlight this week. First, Mexican based broadcaster Groupo Televista took a 30 percent – US$1.4 billion stake in the telecommunication unit of Comunicaciones Nextel de México – NII Holding. The deal places Nextel [...]

A wave of mergers and acquisitions in the outsourcing industry from Argentina to Guatemala underscores a boom in nearshoring by U.S. multinational companies, a business that is expected to continue to grow annually at double digits to over $20 billion by 2013.
Philip Peters, Miami – This is an article I wrote for Kroll Teledencias [...]

By Philip Peters
Capital markets seem to be engaged a period of “pausal integrity.”  They have temporarily retraced over uncertainties in Greece and Spain and maybe Portugal on the European front and persisting unemployment challenges in the U.S. However, I was struck by the many press announcements and media releases over the last week or so, [...]