In today’s digital and interconnected advancing world, global communication is linked everywhere. This brings shifting to outsourcing your dedicated development software team, either offshore or nearshore, as a logical option.
As supported by several studies and statistics, dedicated development team model outsourcing and offshoring is a huge market. Based on the Statista records, it provides twice the revenues gained as the entire business process outsourcing industry.
In 2018 alone, it recorded $62 billion-dollar revenues. For specific IT services, 64% of firms noted that they outsource or offshore the services of dedicated development companies for their software projects as part of optimizing their company’s operations. This wide adoption of hiring dedicated development team appears as a wise decision for many organizations these days with their increasing need to scale up their software products.
European dedicated development teams
Globally, Eastern Europe has become one of the preferred outsourcing destinations in software development. With its fast-growing IT skilled workers, the region is a ‘top of mind’ location for many Western European software companies. When outsourcing to Eastern Europe, we come across countries like Albania, Belarus, Macedonia, Moldova, Serbia, Bulgaria, and Bosnia and Herzegovina as the most favorable outsourcing destinations.
In the field of outsourcing to Eastern Europe, the key drivers involve highly skilled workers and expert IT personnel, cultural affinity and better communication, affordable pricing, geographical proximity to Western Europe, nearly the same time zones, easy trip visits, improved connectivity to major European cities, ease of doing business, and European Union legislation compliance.
Advantages of offshore hiring in Eastern Europe
Most Eastern European countries share the same principles as previously part of the USSR. They have common characteristics in doing business with their external clients. However, what links these countries to enhance their capabilities is their desire to excel in the workplace. Currently, Eastern Europe is eager to boost their productivity at the speed of light. This has led to producing innovative specialists in different industries, where tech professionals are at the forefront.
Despite achieving satisfactory results when hiring dedicated development teams in Eastern Europe and getting recognition worldwide for their exemplary performance, their countries’ economies are experiencing some lags. This makes collaborating with software developers in Eastern Europe advantageous. You get a high-quality product for a reduced price compared to the rates in their Western European counterparts.
Aside from reasonable rates that attract external companies to develop offshore teams in Eastern Europe countries, below are the general reasons why collaborating with Eastern European developers is a wise decision:
Skilled IT labor force
In Western Europe, it has encountered a tech talent shortage in recent years, specifically the Nordic countries. Meanwhile, Eastern Europe’s expert developers are constantly increasing. At present, there are over a million skilled software developers within the region. Business owners can take advantage of hiring skilled software dedicated developers in Eastern Europe’s wide range of tech talent pool to develop an extended software dedicated development team model.
High-quality IT learning institutions
There is a high standard of technical education in post-Soviet countries. Based on the QS World University rankings, 30 universities stood out from the 369 top institutions in Europe that are situated in the eastern region. High educational attainment is one major reason that Eastern European tech employees are considered the best software developers globally.
Geographical proximity and time difference
Evaluating the time difference between the two European regions, it is only about one to two hours apart on average. Practically, this is best for effective daily communication. Also, traveling around Europe is very convenient. You can go to your desired Eastern European tech hubs in a brief period even when you are coming from any part of the Western region.
At the same time, you can have direct links with major U.S. cities. Despite longer travel times, a maximum time difference of 10 hours makes it feasible in setting-up efficient collaboration with the aid of daily sync-ups and flexible work hours.
Cultural affinity and similar frame of mind
Both Eastern and Western Europe have many cultural similarities and economic ties with very minimal differences. Also, Eastern European software development providers adhere to global business codes, providing transparent and efficient cooperation.
English proficiency
As cited in the English Proficiency Index, most Eastern European nations have moderate or high-level English proficiency. Moreover, English skills among IT specialists are quite higher than the average.
Several Eastern European nations like Belarus and Ukraine have strong governmental support in IT outsourcing. All these factors make Eastern Europe one of the leading outsourcing dedicated software development locations in the world.