Why Outsourcing to Puerto Rico Is a Shore Thing

March 06, 2019

An article I wrote recently for The Future of Sourcing summed up the reasons why nearshoring to Puerto Rico brings the best of outsourcing to U.S. businesses – the cost benefits of offshoring and the productivity benefits of nearshoring.

And, proof is in the adoption. U.S. companies are quickly realizing the benefits, with business process outsourcing (BPO) becoming a growth industry for the island.

The article examined the key benefits of outsourcing to Puerto Rico, such as the following:

U.S. commonality.

As a U.S. territory, Puerto Rico shares the same currency, similar time zones, languages, intellectual Property (IP) protection and other U.S. regulation adherence, conveniences that would be impossible to replicate with offshore providers, but at billing rates still 30-50 percent cheaper than mainland competitors.

Closeness for collaboration.

As software development continues to become a strategic business driver, it’s important for to companies to be able to easily collaborate on-site with outsourcing partners. As I said in the article, “today’s outsourced provider must be a true business partner that understands your business – not some obscure firm with generic answers.”

Technology expertise.

Puerto Rico home to world-class universities and many of its professionals also attended leading American universities on the mainland. Their tech expertise is on par with all major U.S. cities.

 

Nearshoring to Puerto Rico has many advantages that are making it an attractive destination for AI and software development. As the complexity of tech grows, along with the need to bring advanced solutions to life quickly and efficiently, so too will the market demand.

For additional nearshoring insights from Wovenware, please read: Why it Pays to Outsource Closer to Home and Nearshoring: The Fast Path and Short Cut to AI Deployment.

 

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2 Responses to “Why Outsourcing to Puerto Rico Is a Shore Thing”

  1. HIRING PEOPLES

    If Companies don’t have expertise in a specific project or part of the project, they decide to outsources that part or project to the companies who are specialized experts in that field.

    Usually, I never comment on blogs but your article is so convincing that I never stop myself to say something about it. You’re doing a great job. Keep it up. Thanks for sharing a knowledgeable article. It takes a lot of time to write such a useful article. Keep it up.

    Reply