When it comes to Software Development Outsourcing all roads lead to Uruguay!
Where to look for a software development outsourcing partner?
Outsourcing software development has become more common and easier than years before. We should thank globalization and the boom of the internet for that! But finding an outsourcing partner is not as simple as it seems. Especially if you are looking for cultural alignment, geographic proximity and cost in addition to top talent.
Different destinations have arisen as best locations for outsourced software development projects and Uruguay is one of them. Should you choose Uruguay? I’ll say yes and let me explain why.
A Little Big Country
Uruguay, with its 3.3 million people and 176,000 square kilometres is one of the most progressive and stable countries in The Americas. It is not only a leader in human development and global education indexes. But has a thriving technology sector that accommodates both global companies. TCS, Netsuite and Infragistics and innovative startups that rival the best in Silicon Valley are here.
The Uruguayan entrepreneurial and innovative ecosystem keeps growing thanks to the support of ANII (National Agency of Research and Innovation) a governmental entity. ANII promotes and stimulates research and application of knowledge. This organization does that by providing funds to research projects, international postgraduate scholarships and incentive programs to foster a productivity and innovative culture. But ANII is not the only one that is betting on Uruguay, Sequoia one of the most important founds in Silicon Valley which fosters the growth of potential technology leaders like Apple, Google and Oracle made an investment of 10 million dollars in Latin America for the first time and choose to support the Uruguayan company Scanntech.
Uruguay is small in size but doesn’t go unnoticed: It is one of the countries with fastest connections in the Western hemisphere and number one in Latin America according to the ISP Speed Index from Netflix ( a study by the video platform for watching movies and series online). Our country has an average speed of 2.82 Mbps and ranks in the third position in the Americas following US and Canada.
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It has been named as one of the countries with the fastest growing market for wind energy by the World Wind Energy Association. Becoming the energy leader in Latin America not only stopped importing energy from its neighbors Brazil and Argentina in 2013 but exported US $21 millones in electricity that same year and now expects to generate 38% of the energy through Wind by 2017.
Tiny Uruguay ranks high in Latin America. It is the largest per capita software exporter in the South of the continent. Considered as the most transparent and least corrupt country with the best quality of life and named Country of the Year in 2013 by The Economist. And when it comes to sports, Uruguay also has its landmark: Soccer is the most loved sport in the south of America and the Uruguayan soccer players were the first to raise the World Cup making its country be champion of the first ever FIFA World Cup in 1930 (and once again in 1950).
Uruguay pioneered the development of the IT sector in Latin America with the opening of IT related University careers in the 60’s. The Uruguayan IT industry had an early and very dynamic growth compared to other countries in the region and a fast process of internalization that started in the 80’s, had a powerful boost in the 90’s and which currently keeps progressing lively.