Global IT Delivery Shifts to Spain

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.

Spain offers the same proximity benefits as other European nearshore destinations for IT service delivery but suffers from poor perception. A powerful set of competitive differentiators, however, include a large, well-qualified IT labour pool, worldclass industry expertise, competitive software development rates (driven by industrialized software factories), and the potential to scale through Latin American resources. Value Shore sees more firms from the Western and Northern Europe harnessing Spain for low-risk software development, functional process expertise, or business process transformation. Firms report that the costs involved from sourcing Spanish IT services correlates to high levels of service competence.

This bulletin offers a quarterly update into relevant news and features from Spain as your Value Shore destination. In this issue we interview one of the leading lights from the Value Shore Team and we turn the spotlight on Spain’s banking behemoth Santander to understand how its Spanish factory model has allowed the bank to thrive where others have badly suffered during the past 12 months. So sit back and enjoy this inaugural issue of the Value Shore Bulletin and don’t hesitate to contact Team Value Shore with any queries or follow-ups.