NextDooring
Once you’ve made a decision to outsource…
Forget “offshoring” jet lags. And while you’re at it, forget “nearshoring” too. There’s a smarter way to source your IT projects... Right Next Door.
NextDooring, the innovative and efficient approach to source your IT needs:
· Expert engineering resources.
· Real-time communications. Work in real time with your Next Door team in the same time zone.
· Lower costs. The total cost of engagement Next Door is up to 20% less than outsourcing to India and other overseas locations. Savings are even greater when exchange rates are taken into account.
· Same day travel. No more exhausting, time-consuming trips.
· Investing Next Door is good for North America.
Expert engineering resources
Choosing Mexico for your IT outsourcing needs, will give you access to a growing pool of highly skilled IT professionals. Each year, more than 60,000 Mexican IT students graduate from universities prepared and trained for careers in IT.
Over the past few years, Mexico has beefed up enrollment in its engineering programs. The result: a bumper crop of engineers—451,000 Mexican students are enrolled in full-time undergraduate engineering programs, that is 21% more than the U.S. With nearly 500,000 IT professionals already currently employed in the Mexico’s IT industry and with a steady pipeline of graduates entering the market, Mexico’s IT industry will continue to be an attractive engineering resource to both local and global companies.
“Time Shift” Savings
Because time is money and money is time, the ability to call a nearby time zone and/or make a “same day trip” can become very important in these situations, and Mexico is clearly the unbeatable option.
Lower Cost of Engagement
By outsourcing to Mexico, you can save up to 20% on the total cost of engagement. Your savings can be as high as 40% if you take into account the advantages in foreign exchange rates.
How do these savings add up? There are several hidden costs when outsourcing to Asia, for example a 25% loss of productivity, a 40% turnover rate, an average of 4 trips/year to Asia for the Engagement Manager, and 4 trips/year for the offshore Engineer.
Alternatively, when NextDooring, the equivalent costs add up to be substantially lower: 10% loss of productivity, 5% turnover rate, 2 trips/year to Mexico for Engagement Manager, and 4 trips/year for NextDoor Engineer. Additionally, the airfare cost to Mexico is much more affordable and the time lost in travel is significantly less.
In regards to the currency exchange rates, the US dollar loses virtually no purchasing power when spent in Mexico. In other regions, the exchange rate is so unfavorable that the hidden cost of outsourcing is dramatically higher.
