Top reasons to Nearshore

Top reasons to Nearshore

Nearshore Outsourcing is a form of outsourcing services and processes, defined and agreed with the client, that refers to outsourced services and delivered from an adjacent region (country) or in the vicinity of the place where these services are rendered.

In the last five years, Portugal has been recognized as one of the most attractive countries for IT and outsourcing services. Over the next three years, Lisbon will be one of the world capitals of the web. In November 2016, 2017 and 2018, Web Summit took place in the city, a global event that captured the attention of investors, technicians, entrepreneurs, media, decision-makers and marketers. The attribution of this “responsibility” to the city of Lisbon and Portugal was a giant step in the consolidation of the “technological culture” that the country has been developing for a long time.

Gartner has recognized Portugal in this regard, placing the country in a leading position in the ranking of the leading developed countries in the provision of offshore IT services, while recognizing the potential as a nearshoring destination.

In this context, Penguin Formula, at an international level, provides to the area of ​​the Software industry, with preponderance in the Governmental Sector, Finance and Banking, Telco, Semiconductor, Automotive, Retail and Hospitality.

Among others, nearshore essentially translates into the following benefits:

  • Optimize costs;
  • Reduces Total Cost of Ownership (TCO) by sharing resources;
  • Decrease overhead;
  • Leverages lower cost locations;
  • Optimizes processes;
  • Consolidates functions;
  • Reduces defects;
  • Always supported in SLAs;
  • Optimizes the use of technology;
  • Accelerates the implementation of new systems, ensuring their greater effectiveness;
  • Reduce the complexity of IT service management;
  • Focuses the TICs portfolio of applications and processes on a single team;
  • Ensures that the behaviour and performance of vital applications are predictable and their operation uninterrupted;
  • It reduces the multiplicity of suppliers and leverages the strengths in partnerships with global reach (economy of scale);
  • Management and control of contracts at the service level, not at the level of hours of resources;
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