Topic: Bogota's potential as a delivery location for offshoring and outsourcing services

Over the last few years, the offshore services industry enjoyed growth rates of over 25 percent annually. From 50 cities four years ago, approximately 150 cities currently support offshore service delivery.  Latin America, in particular, has seen strong interest with a number of global companies setting up service delivery centers in the region.

Bogota (Colombia), in particular, has seen significant interest in recent times. With a large pool of university graduates supplemented by a significant number of high-school graduates, and one of the lowest-cost operating environments, Bogota provides an attractive option for companies looking to set up centers in Latin America. While historically companies associated a perception of high risk with Bogota, the situation has steadily improved over the years. Bogota today is a stable location backed by favorable economic indicators and has infrastructure comparable to many leading outsourcing destinations.

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