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Tech company setting up operations center in Cancun

by Yucatan Times
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One of the leading technology outsourcing firms based in Silicon Valley announced its expansion of operations in Mexico and South America as a result of the tightening of US migration policies.

CANCUN — The company iTexico initiated talks with the National Chamber of the Electronic Industry, Telecommunications and Information Technologies (Canieti), to install a “maquila” center and software development in Cancun.

Guillermo Ortega, co-founder of the company, said in an interview that only in the last six years they have invested $18 million dollars in Guadalajara, in addition that this year they started operations in Aguascalientes.

(Photo: El Financiero)

(Photo: El Financiero)

He said that Mexico represents a great opportunity to offer digital solutions, support and development of specialized software, especially now that the recruitment of highly qualified personnel in the United States has been restricted, while the demand for near-shore services is growing. As such Mexico has wide advantage over technological powers such as India or China.

“Cancún has all the conditions to position itself as a technology developer center, given its international positioning as a tourist brand, but above all by air connectivity with more than 30 major US cities,” he explained.

According to statistics from the US government itself, over the next five years the American Union will demand 1.4 million software engineers, of whom only 400,000 can be covered by universities and the US education system; the rest will have to export it or subcontract it with companies that offer tailor-made solutions, said Marco Erosa Cárdenas, leader of the Canieti in Cancún.

Faced with this opportunity scenario, the Office of Technological Development, authorized by the government of Quintana Roo to support information technology projects, will provide all necessary support to enable iTexico and other technology companies to set up in Cancun, managing incentives and trying to link these companies with educational institutions that can contribute human talent.

Cancun’s tourism vocation, however, also gives the possibility of importing human capital from other parts of the world, replicating the same model of Silicon Valley, offering attractive working conditions for highly qualified personnel in information technologies that develop and make up — from the Mexican Caribbean — digital solutions for the demanding US market, he added.

The first step of iTexico in Cancún will be installed in the Technological Center of the city, where there are already other companies that develop software for the United States and Canada, seeking to establish itself in the short term with a first objective of attracting human talent that allows them to initiate projects specific to develop from Cancun, explained Anurag Kumar, CEO of iTexico.

Source: eleconomista.com.mx

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