Nearshoring
Nearshoring is a business strategy where companies outsource software development or IT services to teams in geographically close or culturally similar countries, often within the same region or time zone. It aims to combine cost savings with better collaboration, communication, and project management compared to offshoring to distant locations. This approach leverages proximity to reduce travel costs, minimize time zone differences, and foster cultural alignment.
Developers should learn about nearshoring when working in distributed teams or for companies that outsource development, as it impacts collaboration tools, communication practices, and project workflows. It's particularly relevant for roles involving cross-border coordination, such as team leads or project managers, to ensure efficient remote work and mitigate challenges like language barriers or legal compliance. Understanding nearshoring helps in optimizing processes for cost-effective, high-quality software delivery while maintaining close oversight.