Everscale Monthly Insights

Welcome to this month's edition filled with regional?insights?worth keeping an eye on. Emerging Trends, Cost Reduction Strategies, Talent Acquisition, and Operational Best Practices.

Here is a glimpse of what we have for this month:

• The region's role in adding scalable strategies that work well with cost-containment strategies and common mistakes when opening a business in Mexico.
• The Numbers Inside the Trends: Nearshoring (from Asia to Mexico) and STEM in Mexico.
• Did you know section
• This month's city spotlight: Monterrey

WHAT′S TRENDING?

"US Nearshoring Wave Grows as Mexico Exports Jump Close to Record" - Bloomberg, June 2023

Evidence is mounting that Mexico is a key beneficiary of a rejig in global supply chains that are seeing companies find ways to be closer to the US economy.

Total Mexican exports rose to $52.9 billion, the second-highest reading on record. Read More

"LATAM as a rich source of STEM Talent" - Latinometrics, June 2023

Mexico, with roughly a quarter of their college students graduating with a STEM degree, placing Latin America’s industrial powerhouse somewhere between the highly-developed countries of Switzerland and Israel. Read More

"Why Chinese Companies Are Investing Billions in Mexico" - New York Times, February 2023

Alarmed by shipping chaos and geopolitical fractures, exporters from China are setting up factories in Mexico to preserve their sales to the United States. Read More

GOODS READS

The balancing act of reducing costs while planning for accelerated growth?

Tech companies can adopt the "always-on" mindset of Operating Partners by using innovative operating models and technologies that bring cost efficiency and growth capabilities to portfolio companies. Discover the role Mexico plays in these types of strategies. Read More

Common mistakes when opening a business in Mexico.

In a post-pandemic business environment, Tech Companies in North America began opening business in Mexico and Canada to extend their talent pool however they faced a learning curve that they could have avoided. Read More

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