If you’re looking to expand your tech team without the high costs and logistical challenges of onshore hiring, or if you are attracted by looking for experts abroad and implementing a nearshoring strategy, Peru could be the nearshore solution you need. This country’s quickly gaining traction as a leading nearshore software development hub, with cities like Lima, Arequipa, and Trujillo offering a wealth of skilled talent and competitive pricing. This article will explore Peru’s top nearshore software development hubs, highlight what makes each one unique, and provide insights into why Peru is an ideal choice for your nearshore development needs. Whether you’re a startup or an established company, the opportunities here are definitely worth considering. Keep reading to learn more!
Peru offers a strategic time zone alignment with North America when considering nearshore software development. Peru operates in a time zone that aligns closely with Eastern Standard Time, allowing for seamless collaboration and real-time communication. This alignment facilitated by nearshore development solutions reduces delays and promotes efficient project management something essential for keeping software development on track.
Another advantage is Peru’s expanding talent pool. The country’s universities are increasingly emphasizing computer science and engineering, producing over 25,000 tech graduates annually, according to a study run by the World Bank. This has led to a vibrant software development community with the skills needed for modern tech projects, from web development to advanced software engineering.
Peru is known for its competitive cost structure. That’s why hiring developers in Peru is significantly more affordable than in the United States, often saving companies up to 50% on development costs, according to the Global Payroll Association. However, cost savings don’t mean compromising on quality. Peruvian developers are known for their high proficiency, particularly in programming languages such as Python, Java, and JavaScript.
Language is less of a barrier when working with Peruvian developers. English proficiency in Peru has improved steadily, with many IT professionals receiving training in English specifically for the tech sector. In fact, the 2023 EF EPI Index report ranked the country #51 out of 113 nations. Working with developers from a nearshore hub in Peru reduces the likelihood of miscommunication and ensures projects are delivered according to your expectations.
Peru's IT sector has seen impressive growth, with the industry valued at $2.3 billion in 2023, according to Statista. This growth is fueled by a steady increase in highly skilled software developers, a supportive business environment, and a favorable time zone for U.S.-based businesses.
The business environment in Peru is also supportive of tech growth. Government initiatives, such as “Startup Peru,” encourage innovation and provide incentives for tech companies to grow. This has fostered a thriving tech ecosystem where developers have opportunities to work on diverse projects, refining their skills and expertise.
Lima is by far the largest and most developed tech hub in Peru. It’s home to the majority of the country’s tech talent and serves as the main center for software development activities. Lima hosts several top universities, including the Pontifical Catholic University of Peru, which produces a steady stream of skilled developers each year. The city also has a well-developed infrastructure, with numerous tech parks and coworking spaces that foster collaboration and innovation. Lima is often the first choice for companies seeking robust, experienced teams for complex projects.
Arequipa, often referred to as the "White City," is an emerging player in Peru’s tech sector. It’s the second-largest city in the country and boasts a growing ecosystem of tech startups and development firms. Arequipa’s universities are increasingly focusing on tech education, helping the city build a strong talent base. The cost of living here is also lower than in Lima, making it a great option if you’re seeking cost-effective software development without sacrificing talent quality.
Trujillo is another city worth considering for nearshore development. Known for its agricultural industry, it has expanded into tech over the past few years. The city has a smaller, yet highly skilled talent pool, supported by institutions like the National University of Trujillo. Local government initiatives aimed at promoting technology and innovation have helped the city attract more tech companies and startups. Local developers are known for their expertise in software engineering and data analytics, making it a solid choice for specific, high-skill projects.
Beyond the major cities, Cusco is also beginning to make a name for itself in the nearshore tech scene. The city is focusing on digital services and outsourcing, benefiting from the tourism-driven demand for tech solutions. Although it may not have the same infrastructure as Lima or Arequipa, it offers lower costs and access to a motivated developer community.
Iquitos, though more remote, offers a unique opportunity for companies looking to tap into untapped talent in a city that’s eager to grow its tech capabilities. The smaller hub may not have the established infrastructure of larger cities, but it provides benefits like lower costs and access to motivated developers looking to make a mark in the industry.
As you can see, Peru stands out as a prime destination for nearshore software development, offering a unique blend of skilled talent, cost-effectiveness, and strategic advantages. With an average developer salary significantly lower than that in North America, businesses can access high-quality expertise without stretching their budgets.
At ACL, we specialize in nearshore staff augmentation and custom software development, ensuring businesses can compete in the market and the tech landscapes, by delivering cutting-edge tech solutions tailored to our partner’s specific needs, goals, and challenges. If your company is considering nearshore development or is in need of developing custom software, we can help you fulfill any technology demands your company has. Find out why we are a perfect partner for you by contacting us to schedule a free discovery call!