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Industry Landscape
The software development outsourcing industry is experiencing significant growth, driven by global talent shortages, cost-optimization needs, and increased demand for digital transformation. Nearshoring, particularly to Latin America, is gaining traction for its time zone alignment and cultural affinity. Companies are seeking flexible, agile partners to augment internal teams or fully manage projects.
Total Assets Under Management (AUM)
Global IT Outsourcing Market Size in United States
~The global IT outsourcing market size was valued at 586.8 billion USD in 2023.
(7.7% CAGR)
- Driven by digital transformation initiatives.
- Increased adoption of cloud services.
- Focus on cost reduction and efficiency.
Total Addressable Market
642 billion USD
Market Growth Stage
Pace of Market Growth
Emerging Technologies
AI-Powered Development & Low-Code/No-Code Platforms
AI tools like GitHub Copilot and low-code/no-code platforms are automating code generation and development workflows, accelerating time-to-market and reducing reliance on manual coding for simpler applications.
Web3 & Blockchain Technologies
The growing adoption of decentralized applications, NFTs, and cryptocurrencies is driving demand for developers skilled in blockchain technologies and smart contract development.
DevSecOps Integration
Integrating security practices throughout the entire development lifecycle (DevSecOps) is becoming critical to ensure robust and compliant software, leading to increased demand for security-aware development and operations expertise.
Impactful Policy Frameworks
American Data Privacy and Protection Act (ADPPA) - Proposed
The ADPPA is a comprehensive federal privacy bill proposed in the US that would establish nationwide standards for how companies collect, use, and share consumer data, aiming to preempt various state laws.
This policy would impose stricter data handling and privacy requirements on Gila Software's US clients, potentially increasing the demand for compliant development practices and secure data architectures.
NIST Cybersecurity Framework 2.0 (2024)
NIST CSF 2.0 provides updated guidelines for organizations to manage and reduce cybersecurity risks, including expanded guidance for supply chain risk management and governance.
The framework's emphasis on supply chain security directly impacts outsourcing relationships, requiring Gila Software to demonstrate robust security practices and compliance to its clients.
Executive Order on Improving the Nation's Cybersecurity (EO 14028) (2021)
This US Executive Order mandates various cybersecurity improvements for federal agencies and their contractors, emphasizing supply chain security and software bill of materials (SBOM).
While primarily for federal contracts, this EO sets a precedent for enhanced software supply chain security that private sector clients may increasingly expect from Gila Software, particularly regarding transparency and integrity of their code.
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