Mexico: The biggest talent pool of engineers

“While the pressures of the Great Resignation and attendant labor shortage have wide implications for businesses in just about every industry, it’s even worse for companies looking to hire highly skilled tech workers. Prior to the pandemic, it was tough to fill specialized technology roles. Now, he says, it’s “next to impossible.” (Kelly, 2022, Forbes)

Software developers are in more demand than ever in the US. Luckily, not so far away there is a latent solution and a tech hub full of potential within. 

Every year, there are more than 160,000 graduates in computer science in Mexico. Comparing Mexico to nations with considerably larger economies, such as the United States, which has just 65,000 graduates, it is evident that Mexico is outperforming its peers. The talent market is getting more competitive, but Mexico remains a strong player in the global digital talent ecosystem because of the sheer number of graduates and the expansion of informal education institutions like coding academies. According to Steve Mezak, chief software services deal-maker at Next Coast Brokerage in Silicon Valley, “there is a continuous designer and developer scarcity that is prompting American service organizations to explore outside of North America.”

Nowadays, at hand with the Great Resignation, one million positions in the technology sector go vacant every year, according to a 2019 Wall Street Journal analysis. To address the talent gap, governments and the education sector are acting rapidly. When compared to other Latin American nations, Mexico has been at the forefront of developing a new generation of STEM graduates since 2006. Mexico may be the answer for American businesses wanting to outsource their software development. 

In terms of the salary of their software teams, there is no denying that labor costs are appealing for businesses trying to expand without paying the higher wages required to hire workers with the same abilities in the United States.

Latin America and Mexico are growing rapidly for potential U.S. employers, so establishing a team or office there should be as much about strategy as it is about the obvious cost reductions and annual salaries significantly lower than US ones. And, aside from salary costs, working with Mexican teams on projects is substantially less expensive than dealing with outsourcing partners in other regions of the world. Near real-time cooperation lessens the possibility of misunderstandings, work that wasn’t necessarily being done, or errors that can happen when requests for modifications aren’t fulfilled on time and as required. 

Consider San Diego and Tijuana as an example; the two cities are just a 30-minute drive away by car. If organization A has an IT team and a center of excellence in Tijuana, they may visit their team there for a single day without incurring additional expenses like lodging and travel costs. Flying to Mexico from the US could mean a huge deal for some, a 30-minute drive from the border could be a viable solution. 

Other benefits are the strong employee retention rates and prompt communication thanks to the cultural compatibility — a professional, diligent approach, and a dedication to outcomes between 2 similar cultures. In regions such as India or Eastern Europe, regardless of the great working teams, the understanding could vary because of the cultural scope, this will not happen with Mexican teams because not only of the proximity between countries but also because of the extent of the software engineering teams that speak fluent English. This common understanding can facilitate connections across Zoom and Slack in a professional setting and hasten the development of trust. Additionally, since most of Mexico is on central time, there are additional possibilities to interact due to the natural working day overlap.

In conclusion, IT firms of all sizes compete to scale their product design and engineering skills. The demand for digital products is outpacing the growth of the IT skill pool in the highly competitive U.S. labor market. Companies that look globally when expanding their teams can lower risk and scale more quickly than those that just invest in domestic education.

ITJ firmly holds the mission to offer mentorship and career development to a new generation of software engineers. To know more about it, visit ITJuana is committed to investing in developing digital talent in Tijuana.

About ITJ

ITJ is a trusted partner in building the finest software engineering teams in the Americas. For more information, visit www.itj.com.

Women in tech ITJ

ITJ’s first For Women by Women Bootcamp

“Becoming a Full Stack Engineer” is the name of the Bootcamp held and hosted by ITJ alongside Women Who Code.

As new software engineering breakthroughs are burgeoning in Mexico, ITJ holds the mission of empowering our partners to deliver their digital innovation that improves people’s lives. So how do we do it? Only full-time client-dedicated ITJ personnel make up our professional teams, allowing us to recruit and keep the most outstanding engineering talent while providing our customers with highly effective quality services. As a result, ITJ has made the training of new engineers a top priority, complementing our ultimate goal of training women in tech. 

With the purpose of training and nurturing women professionals and college students in software engineering specialties, ITJ comes with an initiative. This idea was born since ITJ was founded by Maritza Diaz, CEO, talented entrepreneur, and software engineer, to begin women in the journey to becoming full-stack engineers. 

On April 18, ITJ’s Bootcamp: Becoming a Full Stack Engineer launched the first masterclass online exclusive for women with 160+ registrants from Mexico. The program covered 12 days of training, 2.5 hours each day. With the guidance of Diana Garcia, Iliana Carrasquedo, Aylin Yepez, Diana Colin, Jahnavi Mahanta, Sravani Kandarpa, and mentors who helped participants gain skills to become a full-stack engineers: learn how web apps work, data persistence with NoSQL databases, how to build cloud-native applications, and you can connect with experienced Full Stack Engineers, learn, have fun, and increase your professional network. In addition, participants who attend all training sessions and use ITJ’s coaching platform miCoach will receive a badge as a certified Full Stack Engineer entry-level if they pass the capstone project. 

With this opportunity, ITJ hopes to contribute to the development of a new generation of women in tech as accomplished engineers, empower this incredible potential, and bring the gender gap down.

For more information about our ITJ Bootcamps and trainings, please register at miCoach. 

The future of Software Engineering by ITJ

The future of software engineering

According to the US Bureau of Labor Statistics, job possibilities in software development will expand by 22% from 2020 to 2030, well above the national average growth rate of 8% for all professions. These figures indicate that software engineering has a promising future, especially as new software development trends drive the field forward.

But what does the future hold for the key industries regarding software engineering?

For Health Tech, software engineering revolutionizes the collecting and processing of health data, opening up previously unimagined diagnostic and preventive disease possibilities. This increased interest in telemedicine and telehealth and the development of the IoT have led to the emergence of a new industry: the Internet of Medical Things (IoMT). It combines the usage of numerous wearables, such as ECG and EKG monitors, to cover some of the most frequent medical data, including skin temperature, glucose level, and blood pressure readings.

To know more about IoMT, you can visit IoMT and Medical Device Cybersecurity

For FinTech, the advent of online and mobile payments, as well as alternative financing, has increased the demand for financial management software 66.7% of bank executives said they already interact with FinTech and major tech businesses to develop new services for their clients. In addition, the financial sector is highly software-intensive, so an excellent specialization in studies could turn attractive to many undergraduates in IT. 

For eLearning, purchasing educational resources through the internet has become the new normal. According to this study, the eLearning industry will grow to more than 370 billion dollars by 2025, up from 101 billion dollars in 2019. 

For eCommerce with online shopping forecast to quadruple in size by 2023, reaching 6.3 trillion dollars, eCommerce software development is the trendiest field for software developers to work in. As systems progress, autonomous systems will come to play a critical role in delivering, integrating, and interoperating to meet supply chain needs. The expansion of commercial systems in the fourth industrial revolution necessitates connectivity, information transparency, technical aiding systems, and decentralized decision-making for electronic commerce systems to be sustainable. As a result, imagining commercially creative ideas needs smooth and interoperable solutions widely acknowledged across the business ecosystem. It necessitates fast network connectivity, scalable communication across systems and devices in storage and architecture, and transaction decentralization.

For R&D, corporations and governments rely greatly on innovative tech solutions to pursue innovative solutions and discoveries. This trend will continue to gain traction, as software programming research and development will increasingly rely on Artificial Intelligence and Machine Learning solutions soon. As a result, companies are investing more in R&D than they have in the past. In a recent poll of prominent European companies, 52% said their organizations would increase R&D budgets in the next year or two, and 67% said they aim to do so in the long run. The reason is simple, companies who invest in software R&D will gain a competitive advantage. Those that do not will lose clients and be relegated to a second-tier position in their industry.

Programming will pervade practically all business domains and our daily lives in the future of software engineering. The imperative need for skilled software engineers will mold new hiring processes in any business worldwide, and the lack of talent for some countries could harm their speed in operations. Luckily the best solution for this kind of scenario is called Nearshoring. If you want to know more about acquiring the best talent for your company, you can visit How to Choose Your Nearshore Software Provider?.

About ITJ

ITJ is devoted to serving fast-growing and high-value market sectors, particularly the Internet of Medical Things (IoMT), working with innovative medical device companies looking to improve people’s lives. With a unique BOT (build, operate, and transfer) model that sources only the best digital talent available, ITJ enables companies in the US to create technology centers of excellence in Mexico. For more information, visit www.itj.com.