First things first: low cost, top quality
During the past decade, Mexico showed that it’s a reliable and cost-effective option for outsourcing. The low value of the Mexican currency compared to the US Dollar allows us to have the most competitive prices in the global market.
An average of 130,000 engineers and technicians have graduated from Mexican universities and specialized high schools annually over the last five years. In 2015, there were nearly 29,576 science graduates in Mexico, with a total enrollment of 193,243.
But while Mexico’s higher education is quickly increasing, the local job market isn’t pacing with the growing talent. Mexico presents businesses in the U.S. with a reliable, educated and structured talent pool without the competitive increases in wages in Canada and the United States.
The growing momentum in Mexico is noteworthy even when comparing it with talent growth in United States. According to the President’s Council of Advisors on Science and Technology, the American economy will generate demand for one million more STEM professionals that can be produced over the coming decade.
Communication is key in the development of projects of any kind, especially when teams are located in different countries. When you hire a development team in Mexico, you can expect them to be part of your team meetings and communicate progress or issues as if they were part of your in-house team.
Mexico has an advantage above other Latin American countries: it shares a border with the U.S. That means that Mexicans generally have good working knowledge of U.S. culture, especially workplace culture.
Mexico obviously shares time zones with the US, as it’s just south of the border. This is great for having matching working hours. Besides this overlap, Mexico has the advantage of being close. Most flights to Guadalajara, for example, are within 5 hours of major U.S. cities like Los Angeles, Boston, San Francisco, San Antonio, New York, Washington, Miami, among others.