Reports

Welcome to this, the inaugural issue of the Value Shore bulletin. Value Shore represents a collaboration of 25 of Spain’s leading IT consulting firms aimed at promoting Spain as a nearshore innovation hub for firms in the UK, Germany, the Nordic and the Netherlands.

Sourcing executives rarely hear about Spain as a nearshore destination, but Spain attracts vendors and buyers alike with its large, well-qualifed IT labor pool, world-class vertically focused services resources, competitive IT services rates, and potential scale through linkage to Latin America.

The study qualifies the value-risk-cost relationship that the Spanish market offers European firms that are sourcing global IT services. Key Findings

Western European companies are under dual pressure when it comes to their IT projects — namely the need to lower cost of implementation while at the same time accessing high-level skills that are in scarce supply. One of the ways of alleviating this is by enhancing sourcing options by working with service providers that can deliver on both needs at the same time.

The unique combination of a major EU country with a stable, solid economy and a history of technological and business innovation, coupled with relatively low costs, staff rotation and inflation rates creates a permanent source of highly qualified business and ICT professionals enabling Spain to sustainably...