Nearshoring is an outsourcing model that involves contracting a third-party service provider or development team located in a nearby or neighboring country. This approach is often used to access specialized skills or resources while maintaining geographical proximity, which can facilitate communication and collaboration.
For example, a company based in Western Europe might choose to nearshore software development by outsourcing to a development team in Eastern Europe. This allows for shared time zones and cultural similarities while benefiting from cost-effective resources.
