Latin America’s IT Talent Battle: Costa Rica Leads the Way, Mexico Booms, Brazil and Colombia Challenged | Market Insights™
August 18, 2023
Latin America’s IT Talent
Latin America’s IT Talent
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Large deal wins in recent months by Indian IT firms have raised hopes of offsetting the impact of the slowdown seen in the technology industry, but industry experts express that such deals are fraught with risks and often under-deliver.
“In theory, large deals could be highly profitable. However, they carry a lot of risk and often under-deliver. Notably, this has happened several times in the recent past”, said Peter Bendor- Samuel, CEO of Everest Group.
We live in an era where “technology” is synonymous with progress, efficiency, and the promise of a better future. Digital transformation promises to revolutionize our industry, enhance efficiency, boost visibility, and offer unparalleled agility. By 2025, investments in digital transformation are predicted to reach a whopping US$2.8 trillion, almost doubling from 2022’s US$1.8 trillion.
However, we must navigate this path cautiously. The seductive allure of digitization hides a stark reality: the high failure rate in digital transformation and technology projects. A recent study by Everest Group reveals an alarming statistic – nearly 68% of organizations fail to report positive returns on their digital investments.
Everest Group is a proud sponsor of ProcureCon IT Sourcing, taking place from June 26 – 27, 2023, at the Boston Marriott Copley Place, Boston, MA. Everest Group Partners Amy Fong and Achint Arora will be hosting a Tech Negotiators Workshops at the event titled IT Services – What’s Working in 2023.
For those sourcing global services, the last few years have been a roller coaster, with talent shortages leading to previously unheard-of mid-contract cost increase requests. Join Everest Group analysts and your peers to talk about how buyers are successfully managing costs, talent, and locations decisions in IT services. We’ll discuss the following questions, plus your own challenges:
Hosted by:
Where
Boston Marriott Copley Place, Boston, MA
Speakers
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alent Crisis
