Recent Study On Leaders in Latin American Outsourcing

Online, February 8, 2011 (Newswire.com) - As part of our continual review of the global economy (see previous analysis of Egypt's recent troubles' impact on global outsourcing ), InsideOutsourcing.org is now following global trends in Latin America outsourcing, as per the recent announcement from Frost & Sullivan:

"Frost & Sullivan, the Growth Partnership Company, has recently found out that in Brazil, Chile and Argentina global IT service providers are still the leaders in market share. Additionally regional IT players are competing with global players, not only in the IT infrastructure outsourcing services markets but also in more advanced and complex IT services areas.

In Latin America, Brazilian IT infrastructure outsourcing service market is the largest reaching a total of $1,255.1 million in 2010 which indicated a growth of 15.2% in comparison to the previous year. With strong economical instability, Argentinean enterprises are very reticent in signing long term IT infrastructure outsourcing services contracts. The country presented the lowest growth rate regarding revenues in 2010 in comparison to its neighboring countries Brazil and Chile, achieving $154.8 million.

Frost & Sullivan ICT Industry Manager, Marcelo Kawanami believes the main drivers for this market consist of companies' focus in reducing operational costs and improving operational systems. In addition factors such as increasing confidence in medium and long term outsourcing deals, cloud computing concept and virtualization technologies must also be included."

As the global trends in Nearshore Outsourcing Services develop, Dan from InsideOutsourcing.org will be sure to follow closely and provide his expertise on the matter.