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Peru is carving out a reputation as one of Latin America's up-and-coming software developers, the general manager of Brazilian IT firm Stefanini's Informática y Tecnología division, Carlos Eduardo Moreno, told BNamericas.
Competing countries like Colombia still enjoy the benefits of a stronger international reputation, but Peru's advances in education have its neighbors nervous, Moreno said. "It's the result of the work done by local universities to train engineers that allows the country to offer these types of services."
Peru is also scoring victories as local companies increasingly invest to meet accepted software standards and best practices, the executive added.
Stefanini is not the first organization eyeing Peru's software potential. Analysts from tech consultancies IDC and Frost & Sullivan have previously said that the country is winning business fought on pricing lines.
"Peru's [duty-free zone] Zofratacna is wooing foreign investment with very competitive prices and much lower costs than what can be found in Colombia - particularly in the IT and contact center spheres," Frost & Sullivan analyst Jennyfer Vélez said.
Stefanini specializes in outsourcing of infrastructure, applications and systems, and also provides other services such as ERP implementations. The firm currently has presence in 27 countries worldwide, including a software factory in Peru.