Wednesday, July 6, 2022

Rory Brown (Charleston, SC), Chairman of Nearshore Technology, Talks About Outsourcing Med Tech R&D

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When Executives consider outsourcing, they often focus on Asia to take advantage of significantly cheaper labor rates. Not only do the labor costs vary dramatically by provider and region, but also the overall corporate costs and the quality of the outcomes do as well.

According to ArteDigital, “The US market has turned to Mexico for more viable solutions. Mexico offers further appeal in its globalization model as a result of inherent advantages stemming from geographical positioning, time zone, cultural similarities and struggling economies. Additionally, rates offered by these countries continue to maintain competitive grades while overseas country rates are steadily increasing and losing appeal.”

Med Tech IT is no exception. While there are obvious upfront benefits to nearshoring in Latin America—shared time zones, significant shared culture, and close physical proximity for travel—few realize how substantial the benefits are and the quality of available talent. However, it requires selecting the right partner. You need an experienced, connected partner to navigate what is a heavily regulated, complex international marketplace.

Compliance and security are paramount. We know that higher productivity and cost savings matter only when they are achieved while still delivering reliable, enterprise-wide results that are in step with regulatory policy in a secure environment. A key to our success is our ability to recruit talent. Our employee selection process yields the best of the best. The opportunity to work for a United States based company while living in Latin America allows us to mine a talent pool that is deep, engaged, and highly motivated.

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Envision your Med Tech IT solution exactly how you want it. We will create that high-quality solution at a much lower all-in cost than what you assume you’d have to pay for it. We understand the need for flow between Marketing and IT, and the systems design fit that is just right for you wouldn’t be right for anyone else. Customized tools, compliance testing, security, the works. Your needs. Your system. Built to suit.

About the author: Mr. Rory Brown is a Managing Partner of Nicklaus Brown & Co., the Chairman of Ad Genius, Goods & Services, Nearshore Technology Company, and a member of the board of directors of Desano. Mr. Brown received a Master of Business Administration from the University of Charleston, SC and is a Certified Public Accountant.

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