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Outsourcing is the latest trend in the technological business. The IT is booming a lot in all developing countries with help of outsourcing. Catering lots of job opportunities to the people of underdeveloped or developing nations, outsourcing comes as a boon for all. By outsourcing we mean the subcontracting process where a product or good is sold through a third world country. This is a part of business that helps in reduction of firm cost and redirecting the energy. Many companies are opting for outsourcing in developing countries which in turn lowers their production cost as the pay level in the developing nations are quite less compared to the developed ones. Here we will be discussing about the various companies of outsourcing in South America.
South America is also an upcoming nation that comprises of countries such as Argentina, Bolivia, Brazil, Chile, Colombia, Ecuador, Falkland Islands, French Guiana, Guyana, Paraguay, Peru, Suriname, Uruguay and Venezuela. The most prominent area in South America that is rising in importance of outsourcing is the Costa Rica.
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More and more companies are investing in this region which in turn is also increasing the employment scale of South America.As more and more companies opens their call centers in countries like Brazil, Chile, Mexico and Latin America, South America is surveyed to be one of the most hot spot for outsourcing in near future. Uruguay is the top South American software exporter that is growing the base of educated IT professionals. IT is flourishing in Uruguay very fast as this place is tax free.
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As these developing countries have poverty problem due to huge man power, the big IT companies use this man power with help of outsourcing. Some of the big companies investing in the countries of South America are Walt Disney (DIS ), Microsoft (MSFT ), Peugeot, and Repsol (REP ),Hewlett-Packard (HPQ ), Oracle (ORCL ), Cisco (CSCO ), IBM (IBM ), America Online (TWX ), and palmOne (PALM ), CPM Systemas, G&P Projectos e Systemas, Proceda,Rio de Janeiro, Vetta Technologies, CGI Group, Fujitsu Consulting, Keane Canada, March Networks, Unisys Canada, Expert Sistemas Computacionales, Grupo Qualita, Hildebrando, Softtek etc.
The top target industries of outsourcing in South America include automotive, electronics, telecommunications, consumer goods, and life sciences industries. The companies invest around five to nine percentage of their regional revenue to match the global platform. The government of those countries also help to increase the employment level and make the countries at per to the developed ones.
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