Outsourcing has always been a method to reduce costs, but recently it's become an effective way to tap into a larger pool of software developers to help you build your product.
Countries such as India and Europe have historically had an advantage in the outsourced software market, but that has all changed recently with the rise of Latin American outsourcing. Not only are companies being drawn to the low costs associated with Latin American outsourced software development and its proximity to the United States, but also because of its availability of skilled technical personnel who are fluent in English.
These are 2 valuable reasons why you might want to consider Latin America for your coming project or venture if you haven’t investigated it already.
Impact of Time Zones on Cost.
Time zones can be deceiving. You might think that working with a team on the other side of the world would pose no problem and you could manage just as easily, but it can be tricky especially if you might have to wait anywhere from a few hours to more than an entire day for a response from your developer on the other side of the world. In Latin America, there are greater chances of getting all the information you need in time. The sooner you need it, the more likely it will get done, so if anything is going wrong, you won’t have to wait a lot to receive a solution.
Better Intercultural Communication.
Cultural differences can make or break a project. Everyone may be technically capable, but it’s important to not just consider how their communication and coding styles will mesh, but also how well they work together overall, too. This means assessing cultural issues as well. Proximity and a long history of trade and interaction mean that people in Latin American countries understand U.S. culture far better than someone from Asia. While there seem to be no outwardly obvious problems at first, it isn’t until you try to work with them that you realize some of the things, they do are quite different from what's considered "normal."