MOUNTAIN VIEW, Calif., March 12, 2024 –BairesDev®, an award-winning software outsourcing company, ends 2024 with enterprise client wins and accelerated demand for AI adoption.
Key highlights from 2024:
- New clients in 2024 include a Major League Baseball franchise, a world-renowned athletic footwear and apparel brand, a storied major motion picture group, and a well-known fundraising platform.
- The firm hired 26% more professionals compared to 2023. New applicants rose 16% from the previous year, totaling 1.9 million.
- AI-related skills became the fastest-growing area of client demand in 2024. Requests for machine learning experts increased by 383%, year-over-year.
Demand for the company’s nearshore model and tech talent increased among enterprise customers in the US. Enterprise clients represented 54% of total revenue and 25% of new clients in 2024. Partnerships with organizations such as Google, Rolls-Royce, Johnson & Johnson, and Pinterest have reinforced BairesDev’s position as a trusted technology partner among enterprises. The company also saw increased demand from diverse industries, such as online media, wholesale building materials, and legal services. This shift reflects the broader trend of non-tech industries adopting software outsourcing to drive business results.
New technology trends have also impacted the company’s results. Client demand for advanced technical capabilities, particularly AI and data-driven technologies, increased exponentially in 2024. Machine learning was the fastest-growing skill in 2024, with a 383% increase in client requests. Demand for data-related technical skills has grown by 77% since 2019, with these skills playing a key role in the development of AI-powered systems and data ecosystems for clients.
“BairesDev has continued to be a game changer in the software outsourcing world with our nearshoring model, our natural ability to adapt, innovate, and deliver exceptional results in a rapidly evolving market,” said Nacho De Marco, CEO of BairesDev. “This year, we proved that the future of technology and talent lies in thinking beyond borders. We are ready to set even higher standards in 2025.”
BairesDev continues to recruit top talent, receiving applications from 1.9 million new professionals in 2024, a 16% increase from 2023. The company hired 26% more professionals in 2024 compared to last year. Emerging talent markets like Paraguay, Bolivia, and the Dominican Republic saw substantial growth in applications, with increases of 107%, 106%, and 83%, respectively. BairesDev now has talent from almost every country within Latin America, reflecting its success in leveraging the region’s untapped tech talent to support its global clients.
“I am extremely satisfied. We are consistently delivering high-quality software on time, thanks to the people from BairesDev,” said David Johnston, Product Engagement Lead at Johnson & Johnson Vision. “They can find talented, high-caliber, sharp developers who will stay with us long-term. Their main strength is their talent.”
BairesDev’s impact extends beyond its client work. This year, the company was invited to join the World Economic Forum’s Global Innovators Community, working to uplift talented people in the technology field via remote work and the nearshore software development model. Around 40% of BairesDev’s hires have historically been from outside major metropolitan areas, creating opportunities for first-generation LATAM tech professionals to participate in the global economy. The company also attended WEF’s Annual Meeting in Davos this year, where CEO Nacho De Marco introduced key trends on how AI, remote work, Silicon Pueblos, and nearshoring are reshaping the global workforce.
Founded in 2009, BairesDev connects startups, SMBs, and Fortune 500 companies with top talent from Latin America. In 2025, BairesDev aims to continue its growth trajectory, expanding its footprint throughout the US, Canada, and the UK.
About BairesDev
BairesDev is an award-winning nearshore software development company trusted by 500+ clients, including Google, Pinterest, Adobe, J&J, and more. Access 4,000 senior software engineers, experienced in 100+ technologies and programming languages. Choose from three flexible engagement models: staff augmentation, software development teams, and end-to-end software outsourcing.
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