NEW YORK CITY,– Latin America boasts a wealth of benefits for U.S. businesses looking for strategic partners for every blend of service, including ITO, BPO, and KPO, according to the latest report by Supply WisdomSM, Trends & Opportunities in Latin America, A Growing Market for World-Class Global Services.

The report highlights key trends, challenges and opportunities of the outsourcing industry in Latin America and shares detailed research and insights on ten of the leading countries in the region: Argentina, Brazil, Colombia, Costa Rica, Dominican Republic, El Salvador, Jamaica, Mexico, Nicaragua, and Peru. It offers data-driven insights about the strengths and weaknesses of each country, including information on business climate and laws, labor costs, English proficiency, services maturity, infrastructure, operating costs, and many other factors. The report is intended to serve as a roadmap for organizations seeking to expand operations into the Latin America region.

The report also emphasizes the importance of context: “When evaluating a sourcing location and supplier, companies must first consider their own requirements. Key considerations include business objectives, required skills (in terms of maturity and types), scalability needs, and so on.” These criteria must be clearly identified in order to effectively assess the pros and cons of each location in terms of business fit.

“We’re committed to providing reliable, objective data on global locations and suppliers in order to help company’s better global talent to create competitive advantage. This study provides an impartial deep-dive into some of the most promising sourcing destinations within LatAm. Our research finds that Latin America offers an attractive combination of diverse talent, competitive costs and cultural fit,” says Atul Vashistha, CEO, Supply Wisdom.
To access the full report, please visit http://www.supplywisdom.com/trends-opportunities-in-latin-america-a-growing-market-for-world-class-global-services/?val=success

About Supply Wisdom

Supply Wisdom, formerly Global Supply Risk Monitor, is a leader in real-time risk monitoring and management. Supply Wisdom offers flexible, cloud-based risk monitoring solutions that enable companies to proactively monitor and manage supply risks and opportunities across global suppliers and locations in order to make more informed decisions about third-party oversight, location selection, vendor management and ongoing governance. To learn more, visit www.supplywisdom.com or call us at 415.839.8050.