In this age of globalization, it is difficult to attain a competitive advantage. Most companies worldwide that are not related to the IT industry have to overcome challenges in case they want to have a website or an app for their company’s operations to keep on top of the game.
Generally, some software vendors commonly experience problems when working a specific project but have either limited capacity or lack in-house expertise, well-equipped specialists or needed technological abilities. In practice, it is not economically profitable to recruit a team of developers and provide them with needed infrastructure and required training. A highly recommended solution is outsourcing software web development. Through outsourcing, this enables you to do different tasks and do short- and long-term projects within your budget.
Reducing operational costs
Today, outsourcing is a common practice for any enterprise. It minimizes internal expenses and helps the business to focus on its core business competencies while ensuring that the company’s processes remain intact. It is considered the best decision to outsource mobile app development if you do not have an in-house team for the job. Third-party software vendors have a rice source of expertise and ideas.
Based on the early forecast, the global IT outsourcing industry has expanded in the past few years. The 2019 growth projection is expected to be 5.84% based on the experts.
Eastern Europe software development services
In the world, India and China are the top preferred countries for software development. They take the leading spots because of their cheap labor, averaging between $18 and $40 in hourly rates.
However, cost alone is not the only factor that is essential for global clients. Most companies would still consider quality, proximity, and cost-effectiveness. With this, Eastern Europe has turned out to be an attractive outsourcing destination. European countries such as Belarus, Bulgaria, Hungary, Poland, Romania, and Ukraine are recognized as the best countries for software development outsourcing. Eastern European software providers are usually at the center of most successful teams worldwide.
What sets European vendors apart
Although Eastern European software providers can’t match the cheap labor that the Asian region provides, their price remains affordable with an average hourly rate between $25 and $40. At the same time, they provide a business-friendly environment with other benefits that are vital for the clients.
Benefits of IT outsourcing to Eastern Europe
Below are the three potential outsourcing models:
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Offshoring |
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Onshoring |
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Nearshoring |
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As shown, nearshoring has been a good option compared to the other models. Essentially, this trend is applicable to West European enterprises, as they opt to select East European locations. Below are the main advantages of nearshoring. Both the pros and cons of IT outsourcing to Eastern Europe are cited.
