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Outsourcing Software Development to Latin America: All You Need to Know in 2018

Looks like US-based businesses have never had more reasons to consider software development outsourcing in Latin America. Bloomberg reports that in 2018, US software engineers in active job search chose from 4 offers on average. Meanwhile, last year’s employee turnover rate in software was 13.2%, the highest among all industries. Basically, local developers are hard to find and easy to lose in the US.
In the meantime, programmers in Latin America are gearing up to compete with North Americans. The outsourcing industry in LatAm is growing, too, with new talent entering the market. So how does the region compare to other software outsourcing destinations like Eastern Europe or Asia?