Nearshoring has proven to be a crucial enabler of Lean and Agile development, while reducing the Total Cost of Outsourcing (TCO) and taking advantage of time zone, geographical and cultural similarities. Here's a quick run-down on the reasons why nearshoring, as an enabler of Lean and Agile development, offers these clear advantages over offshoring.
I'm a big believer in the employment of Lean principles to complement Agile methodologies in application development. From a pure software development perspective, Agile has proven enormously beneficial in speeding through application projects. However, what Agile typically does not address is the first principle of Lean: the definition of value in each application development initiative.
When these margins become razor thin and the future looks uncertain, companies must quickly adapt their strategies and invest in only the software development strategies that can provide an immediate return on investment (ROI). With more companies seeking new approaches to achieve faster ROI in their development efforts, many have begun applying and incorporating "Lean" thinking in order to drive value to the bottom line.