Expanding outward from its central engineering hub in Guadalajara, global technology services provider Wizeline announced plans to deepen its presence in Mexico, which is expected to create between 3,000-4,000 local high-paying tech jobs over the next year.
The company had announced four definitive locations including Monterrey (another famous tech center in Mexico), Hermosillo, Aguascalientes and Merida. Once this expansion initiative is complete the company has ambitions to move beyond the country’s southern border into the greater Latin American region to meet the increasing demand for nearshore services.
“With over a decade of experience building successful engineering teams from the ground up in Mexico, first with Ooyala in 2010 and then Wizeline in 2014, I know firsthand that Mexico provides an exceptional opportunity for global businesses to leverage untapped IT talent and cultivate future tech leaders and innovators,” says Bismarck Lepe, Founder and CEO, Wizeline.
In 2014, when the company was founded, it had recognized that all organizations struggled to find qualified talent to create new products quickly. In the US, where the company is headquartered, talent has only become scarcer over the years as the market has failed to generate more graduates in this field. In order to avoid stunted innovation amid the global digital transformation, other companies have taken Wizeline´s lead and also recurred to nearshoring in Mexico.
“There’s a huge deficit in the US market as demand for talent outpaces the number of graduates entering the workforce, and more US companies are entering Mexico with limited knowledge of the market, providing Wizeline an opportunity as a leader in the region to meet the demand by growing our delivery centers in Mexico and other LATAM countries where there’s a surplus of talent,” said Lepe.
Mexico’s talent has generated valuable technological innovations in recent years, which was attracted and captured the interest of global organizations throughout the world. In recognition of this potential, like other tech companies, Wizeline has partnered with academic institutions “to develop the next generation of entrepreneurs equipped to have an impact not just in Mexico but all around the world,” says David Garza, President, Tecnológico de Monterrey.