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Why adopt nearshore Agile development?

Ciklum, the European leader in IT nearshoring for Small and Medium Enterprises (SMEs), releases a white paper that presents nearshore Agile development as a relatively new, yet effective Outsourcing 2.0 trend, able to better meet with the challenging

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Why adopt nearshore Agile development?
Abstract
Alarmed with the findings of the latest CHAOS Report saying that as of 2009 only 32% of all outsourced software projects succeeded, while 24% failed and 44% were challenged by late delivery, over-budget and poor functionality, Ciklum analyzed a lot of factors and concluded that waterfall model is a key reason of most of the projects’ failure.
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