In the early 2000s, growth in the offshore services industry in Argentina began, driven by the devaluation of the peso in 2002 and an aggressive government policy to develop the software industry that was implemented in 2004.
Motorola was the first major company to set up a captive IT center in Cordoba in 2000. Intel, Cisco, HP, Oracle, IBM and America Online followed suit. In addition, Argentina was the first Latin American country to receive recognition for adequate protection of personal data from the European Commission in 2003.
With extensive networks of higher education institutions and location-specific tax breaks, Argentina became an ideal place to establish the WILLDOM’s offshore center.
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