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Outsourcing to Latin America: Top 7 Companies

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Latin America has become a unique destination for various businesses seeking outsourcing solutions for their companies. Research and Markets identifies that the IT market is projected to increase by $509.72 million throughout the 2023-2028 timeframe, and it is set to accelerate at a Compound Annual Growth Rate (CAGR) of 12.15%. This growth showcases the rapidly expanding market with its increasing demand for IT services. Companies seeking to outsource their IT services in Latin America can take advantage of this growth and easily tap into this developing tech landscape.

Moreover, according to the study conducted by Statista.

the IT outsourcing market in Latin America is expected to have a revenue of $15.92 billion by 2024. With its cost-effective services and skilled professionals, Latin America offers unique advantages for companies seeking to outsource services and optimize their operations. Tech giants like Amazon, Microsoft, Intel, Netflix, and Github have already outsourced tech processes to various countries in the region, including Brazil, Chile, and Argentina.
As the demand for outsourcing increases, finding the right partner to handle one’s business becomes even more challenging. Working with such a company is a highly advantageous practice since it is cost-effective and offers access to a vast pool of skilled professionals who can assist in developing your business and driving positive outcomes. We have selected the top 7 outsourcing companies in Latin America, which are recognized for their experience, expertise, and track record of successful corporations with various businesses and can be a good choice for your organization.

Here are our top picks:

  1. DevsData LLC – Top pick: Best overall
  2. Tekton Labs: Best for cutting-edge technologies
  3. Stefanini: Best for enterprise
  4. Huenei IT Services: Best for medium-sized companies
  1. DevsData LLC – Top Pick: Best overall

    Founding year: 2016
    Website: www.devsdata.com
    Company size: ~60 employees
    Founding year: 2016
    Headquarters: Brooklyn, NYC and Warsaw, Poland

    DevsData LLC website screenshot

    Founded in 2016, DevsData LLC is a company offering a wide range of IT-related services, including outsourcing. Operating in the industry for over 8 years, the company is committed to delivering exceptional outsourcing services to its clients. These services include artificial intelligence, big data, and machine learning among many others. DevsData LLC has a vast pool of 65000 pre-vetted specialists from various parts of the world. With a substantial portion of skilled professionals based in Latin America the company delivers outsourcing services that drive positive results.

    Having team members from diverse backgrounds, including members from the US who bring their unique perspectives and knowledge to the table, the company delivers solutions that help its clients scale their businesses. DevsData LLC has extensive experience in successful collaboration with global corporate clients, including high-growth startups from Israel and the US.

    Furthermore, the company has an official, government-approved license for recruitment services. They offer a high level of services that exceeds what large companies offer to their clients. Devs Data LLC has a comprehensive and multi-stage interview process with a 90-minute technical interview. The process also includes extensive market reach and has an acceptance rate of less than 6%, ensuring that only the most appropriate candidates work with their clients. The company also offers competitive pricing to its clients due to their lower overhead costs.
    They have partnered with over 83 clients worldwide and have delivered more than 100 projects, emphasizing its dedication to top-notch services for its clients. Moreover, their commitment to excellence is highlighted in their testimonials. Companies 5/5 rating on GoodFirms and Clutch also showcases this success.


    Jonas Lee website

    On a successful note, DevsData LLC collaborated with a fast-growing startup from San Francisco and developed an application for a simple vehicle charging solution. With this app, the company created an opportunity for property owners to take advantage of their panel capacity. This allowed the property owners to charge their tenants and transfer the funds between tenants and property owners. You can read more information about the project here

    To get further information about the outsourcing services by DevsData LLC, email them at general@devsdata.com or visit their website at www.devsdata.com.

    Address:
    DevsData IT Recruitment LatAm
    Real Mayorazgo 130 Xoco, Benito
    Juárez Ciudad de México 3330
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  2. Tekton Labs: Best with cutting-edge technology

    Tekton Labs website

    Website: https://www.tektonlabs.com/
    Company size: ~115 employees
    Founding year: 2007
    Headquarters: California, USA

    Tekton Labs is a technology service company offering quality solutions to clients from diverse industries. Headquartered in Mountain View, California, the company has established a strong presence in Latin America, particularly in Peru, Chile, Columbia, and the Dominican Republic.
    Tekton Labs delivered outsourcing services in the realm of product strategy, software development, UI/UX design, and staff augmentation. With over 100 employees on board, the company is dedicated to delivering services that meet the needs of its clients.
    Moreover, the company incorporates modern technology and agile methodologies to stay ahead of its competitors. With a strong understanding of the latest technologies, such as artificial intelligence and cloud computing, the company helps its clients stay competitive in their respective industries. The company has rigorous quality assurance procedures to ensure that it meets the criteria for the security and reliability of its services, making it a good choice for companies seeking outsourcing services to Latin America.

  3. Stefanini: Best for enterprise

    Stefanini website

    Website: https://stefanini.com/en
    Company size: ~11725 employees
    Founding year: 1987
    Headquarters: Sao Paulo, Brazil

    Stefanini is a global technology company founded in Brazil. With its vast network of highly skilled professionals, the company offers various outsourcing services, such as modern enterprise, cybersecurity, marketing, and analytics, among others. With the ever-growing ecosystem of technologies, it constantly expands its offerings, incorporating novel and innovative solutions to translate its unique ideas into reality.
    Its entrepreneurial mindset makes Stefanini competitive in the market, allowing it to drive impact and positive outcomes. It is a perfect match for enterprises seeking to outsource their services since it has a global presence while maintaining a deep understanding of the local market. Stefanini cooperates with a vast network of clients, always aiming to expand its capability to deliver unique solutions to its clients. The company strictly follows and is informed about the constantly changing trends in the market, allowing it to provide top-tier solutions in Brazil and the entire region.

  4. Huenei IT Services: Best for medium-sized companies

    Huenei IT Service website

    Website: https://www.huenei.com/en/
    Company size: ~230 employees
    Founding year: 1995
    Headquarters: Buenos Aires, Argentina

    Founded in 1995, Heunei IT Service is a renowned consulting and outsourcing company. Initially established in Argentina, the company has enhanced its presence, building a solid reputation in Chile, Peru, Columbia, Mexico, and the US. The company also partners with global companies, emphasizing its dedication to delivering exceptional services.
    With more than 25 years of experience in the industry, the company is committed to the region’s development. They have a vast pool of professionals with expertise, including software developers, data scientists, and designers, who are ready to tackle projects of any difficulty. The company is a great match for medium-sized companies since it offers scalable solutions that can easily adapt to the evolving needs of medium-sized companies. Whether a company is seeking to enhance its IT capabilities or streamline its existing operations, Huenei delivers services that grow with the business.

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    After having thoroughly explored our top picks of companies specializing in outsourcing to Latin America, let’s discuss a few more catchy options that might be a great fit for your company.

  5. Ceiba Software

    Ceiba website

    Website: https://www.ceiba.com.co/en/
    Company size: ~615 employees
    Founding year: 2005
    Headquarters: Medellín, Colombia

    Ceiba Software is an IT services company based in Latin America. Headquartered in Columbia, the company has over 600 highly skilled professionals dedicated to providing solutions that meet the needs of its clients. With almost 20 years of experience in the industry, the company has become a key player in the region, offering various outsourcing services, including custom software development, staff augmentation, and nearshore agile software development.
    The company leverages its regional expertise, ensuring that it stays updated about the Latin American market, thus providing top-tier solutions to its clients. Despite its regional focus in Latin America, the company collaborates with the global, ensuring it meets the criteria and complies with international standards. The company strives for excellence, making it a noteworthy company to consider for outsourcing.

  6. Acid labs

    Acid Labs website

    Website: https://acidlabs.com/
    Company size: ~435 employees
    Founding year: 2006
    Headquarters: Santiago, Chile

    Acid Labs is an end-to-end software design and development company established in 2006. Working with clients from diverse industries ranging from startups to big corporations, the company aims to craft unique web and product solutions. With its flexible, agile methodologies, the company focuses on quality and communication, ensuring the best possible outcome.

    Acid Labs offers outsourcing services, including mobile app development, UI/UX design, custom software development, and many others. With over 16+ years of experience, the company has worked with over 750 talents from Latin America and the US. The company has successfully delivered more than 1500 projects, ensuring their technological solutions are adapted to its client’s needs.

  7. Globant

    Globant website

    Website: https://www.globant.com/
    Company size: ~26520 employees
    Founding year: 2003
    Headquarters: Buenos Aires, Argentina

    Founded in 2003, Globant is a company helping various organizations reinvent themselves and offering top-tier outsourcing solutions. Working with various multinational corporations, the company has expanded its reach and built its presence in multiple parts of the world, including the US, Europe, and Latin America.
    Globant provides a wide range of outsourcing services, including custom software development, IT consulting, and UI/UX design, among many other services. The company stands out by its client-centric approach and rigorous hiring process, ensuring quality services in various domains.
    Moreover, the company is a member of the Cybersecurity Tech Accord. It is also named as Worldwide Leader in CX Improvement Services by IDC MarketScape report. This showcases the company’s commitment to quality solutions for its clients, building a solid reputation in the industry.

Final thoughts

Outsourcing is a unique strategy that is widely used among various companies worldwide. It offers a range of benefits, including cost-effectiveness, access to a vast network of skilled professionals, and improved efficiency and productivity for businesses. More and more companies are seeking outsourcing services to Latin America recently, since it offers many advantages, including a skilled workforce and a stable and growing tech landscape. The top 7 companies explored in this article are highly recognized in various Latin American countries for their expertise and extensive experience.

DevsData LLC our top pick, is a highly recognized outsourcing company. It has over 8 years of experience in the industry and a network of 65000 specialists with a considerable number of employees from Latin America. DevsData offers a wide range of IT outsourcing services such as big data, artificial intelligence, and machine learning that are designed to drive efficiency and enhance their clients’ businesses. The company also has a personalized and flexible approach, highlighted in its ability to offer competitive pricing due to the lower overheads.

Moreover, the company values inclusivity, thus having team members from diverse backgrounds, including employees from the US. DevsData LLC has also collaborated with many global corporate clients, including high-growth startups from Israel and the US, emphasizing their commitment to excellent and exceptional services to their clients.
DevsData has a distinctive value proposition that differentiates the company from its competitors. It offers competitive pricing for its services due to the lower overhead costs. What is more, the company has a proven track record of success, showcased in its public testimonials as well as in its reviews on Clutch and GoodFirms.

To get further information about the outsourcing services by DevsData LLC, email them at general@devsdata.com or visit their website at www.devsdata.com.

Address:
DevsData IT Recruitment LatAm
Real Mayorazgo 130 Xoco, Benito
Juárez Ciudad de México 3330
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Ani Vrshikyan Copywriter and Marketer

Writing and content creation Ani’s passion. With a year of experience in the industry, she has written on a diverse range of topics and honed the essential skills of a copywriter. Her keen eye for detail and creativity drive her to craft engaging and persuasive narratives.


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