Contact Information: Press inquiries: Getronics Dan Keeney DPK Public Relations Phone number: 832 467 2904 E-mail:
Mexico Is a Growing Destination for Information Technology Services
Global Inflation and Currency Fluctuations Shake Up Sourcing Market
| Source: Getronics
WASHINGTON, DC--(Marketwire - May 19, 2008) - Getronics, one of the world's largest
providers of IT services, will meet with attendees of the Gartner
Outsourcing & Vendor Management Summit to discuss how its Mexico operations
can stabilize clients' fluctuating sourcing costs. The Summit runs May 19 -
21, 2008 in Washington, D.C. at the Gaylord Resort and Convention Center.
Many U.S. companies are experiencing unexpected cost increases in their IT
services from offshore sourcing providers or their own offshore
subsidiaries, called captives. The reason? Global inflation is combining
with declining exchange rates for the U.S. dollar, resulting in drastic
shifts and variability in costs when finally reflected on financial
reports. The lack of predictability makes it difficult for CIOs to project
costs accurately, an unpopular practice among CFOs and CEOs.
"Looking at changes in exchange rates and IT labor rates, it is easy to
identify economic shifts of 30 percent or more between some serving and
receiving country pairs," said Nicholas Brigman, Director of Market
Research at Getronics. "For U.S.-based companies, Mexico and other Latin
American countries are more suitable and stable destinations for IT
services based on exchange rate variability and similar inflation rates."
Getronics has long made it a point to identify and establish multiple
nearshore service centers to protect clients from volatility. For instance,
the company recently celebrated the 6th anniversary of launching its Global
Service Center (GSC) in Mexico City. Through these and similar initiatives,
Getronics' global service delivery model can meet clients' cultural needs
and create global resilience.
"Where India has been a top sourcing location in recent years, Mexico is
leaping forward as a stable alternative for U.S. businesses," said Luis
Sanchez, Director of Mexico GSC for Getronics. "Our location is closer to
the clients we serve and our people are committed to world-class
excellence. We consistently earn high marks for our services and just
recently we were selected as one of the best places to work in Mexico."
Getronics has partnered with the "Tecnológico de Monterrey" (largest
private university in Mexico) to drive IT curricula and certifications --
an important step in producing top quality IT professionals to meet growing
demand.
Getronics executives from the United States and Mexico will be available in
the Mexico IT Pavillion to discuss the wide range of sourcing options and
services it offers.
About Getronics
Getronics is a leading international provider of Information and
Communication Technology (ICT) services and solutions, focusing on
workspace management, application services and consulting & transformation
services. Getronics helps organizations raise their performance and
increase the productivity of their people, by enabling them to share
information and to work together efficiently, securely and effectively,
wherever and whenever they need. Getronics is a subsidiary of KPN ICT
Services with headquarters in Amsterdam. For further information about
Getronics, visit www.getronics.us.