Portugal as a perfect Nearshore destination

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Outsourcing comes in many terms: from nearshoring and offshoring to onsite. Nearshoring is known for being a good option in order to have cost optimization and having more quality and efficiency. Companies partake in IT outsourcing and business processing to IT companies in near areas. Sometimes, for a company to grow, it’s better to recur to countries in the proximity.
It is not by chance that multinational companies like Accenture, Google, Microsoft or Nokia Siemens have highly successful nearshore operations in Portugal. We’ll present you some topics that prove that Portugal is the perfect location for a nearshore operation:

Attractive costs: Portugal is known for having more cost efficiency in comparison to other countries. If you want to optimize on your business, you should choose a nearshore destination country that guarantees a healthy cost of living.

Language: Portugal is one of the most multilingual European countries and has a big number of English speakers. Portuguese and English languages are both used in a working environment. Besides that, the Portuguese people are known for having a great knowledge and adaptability to other European markets and cultures.

Location: Portugal shares the same time zone as the UK, one of the most important business centers It’s also two hours away by plane. Being “the door of Europe”, Portugal plays an important role in trading across borders.

Technological infrastrutures: Portugal is a country with a strong technological infrastructure, both in telecommunications (broadband, fiber optics) and data centers, for the storage of large volumes of data and applications.

Security, political and social stability: Portugal is considered a peaceful country with social and political stability. It’s all due from a significant investment in education, infrastructures modernization, simplification of public services and a public and private focus on research and development.

Technical quality: Portugal was ranked 17th at IMD World Talent Ranking 2018. The entirety of the country is filled with people who value technology and engineering. Portugal is the owner of countless prestigious universities, recognized in international rankings. It also offers easy access to education. Annually, its capital is the home of the biggest event in tech: Web Summit.

While Portugal is clearly a growing market with regard to IT resources, it is essential that Portugal continues to invest in research and development as well as trainings for qualified people. Portugal offers the best conditions for shortening distances and increasing results. That’s what Nearshore Portugal is all about!