Sooner or later, any tech business will seek a cooperation model that’ll best satisfy their needs and enable constant growth. Why? Because hiring in-house employees is an expensive and time-consuming process that only sometimes brings the anticipated results. One of the core advantages of hiring an external team is that you can focus on your business while an outsourcing agency deals with the rest. As a plus, you also don’t have to worry about other things that naturally come with hiring local developers. Are you interested to learn more? Keep reading to discover which model will be a perfect fit for you and your business. Managed Services Managed IT services enable you to quickly locate a low-cost contractor to complete specific work for your organization. At the same time, you are not responsible for workplace organization or problem-solving (for example, official employment, paying taxes, insurance, etc.).This saves the client’s time,

There is hardly any industry that looks for good software development services. The numbers support that. Namely, Statista reports that the global custom software development market will reach a staggering $812 billion by 2027, which is $300 billion more than the current market’s value. With the booming market, companies looking for software development consider two key factors – quality and cost of software development.Finding the balance between the two ensures the best product for the most reasonable price. That is why businesses look for software developers from all over the world. Yet, regardless of the vendor you find, it is critical to know what factors compose software developer costs. Further, we explore the average price of software development and show how aspects like the company’s size and the project’s complexity play a central role in what you will pay for custom-developed software. Average Cost of Software Development The range in

Outsourcing to far-off locations is associated with a number of challenges such as huge time gaps, cultural barriers, differing work ethics, and more. That is where nearshoring comes into the picture offering a number of services such as nearshore consulting, software development, and more. The definition of nearshoring is basically transferring certain business operations to a remote team in a nearby country. But what does it actually mean for your business and how can you benefit from it? Let us take a look at the major aspects of nearshoring you should know of. The Problem of Shrinking Talent Pools According to Forbes, tech job offerings have grown 81% within the past two years while the applicant pool shrunk by 39%. This means that businesses are struggling to hire adequate talent from their local talent pools. This trend pushes them to turn their heads overseas and look for alternative talent pools.

Before choosing a location that’ll satisfy all your business requirements, you need to make sure that the place has sufficient potential and  well-trained human resources. Remember, it is individual talents combined into teams that’ll help you transform your business. It is no wonder that Bulgaria has recently become such a popular outsourcing destination among international businesses that value high-quality software services but don’t want to waste money on overpriced solutions. Nonetheless, the country is well-known for its IT experts, who have one of the broadest ranges of knowledge in the most popular programming languages. According to the Ease of Doing Business Rank, Bulgaria’s index is 61 out of 173, meaning that it’s a great place to start your digital transformation. Keep reading and you’ll discover why outsourcing software development to Bulgaria is an excellent choice in 2022. Key Facts about Outsourcing Software Development to Bulgaria The Bulgarian IT sector can

Remote work is growing increasingly popular across industry domains, and many businesses currently switch to predominantly remote teams to handle their routine workload. However, the question of how to manage remote development teams remains uncharted territory for many companies. Businesses are still getting used to the new normal, and not everybody understands how the company can run predominantly on a remote workforce.Forbes research states that 76% of entrepreneurs believe that remote work will become a standard model for most industries. Today, we are going to explore how you can better manage remote software development teams to maximize their efficiency and truly benefit from that trend. Establish Clear Communication One of the critical problems that make it particularly hard to manage remote management team is insufficient communication within the teams and between the teams. You cannot gather your entire team in a meeting room, you cannot meet some of your teammates

As the use of technology has become an existential imperative, companies seek highly qualified technology specialists who can expand their business potential. This tendency led to the rise in the popularity of nearshoring in Europe. This continent is an attractive destination for IT nearshoring as it offers an excessive talent pool and a comfortable business environment. No wonder that according to Statista, the European IT outsourcing market will reach a volume of US$186.40bn by 2027, with an annual growth rate (CAGR 2022-2027) of 8.06%. In this article, we will discuss the advantages of IT nearshoring in Europe and how your organization can find the right software development vendor on this continent. What Is Nearshore Software Development? Reaching out to specialists from all over the world is an effective strategy for companies to keep up with the ever-changing business landscape. Yet, different concepts can be used to describe this phenomenon. As

Nearshore software development has come a long way in recent years. No wonder that according to Statista, the global market size of outsourced services reached $92.5 billion in 2022, and its expected annual growth number is 8.8%. By partnering with a reliable vendor, companies can take advantage of lower expenses and still maintain a deliverable’s high quality. In this article, we will critically assess the advantages of nearshoring and how it can enhance your business competitiveness in the long haul. Stiff Market Competition and Tech Talent Availability There is no doubt that the competition for tech talent is fierce worldwide. From Silicon Valley to Singapore, companies are vying for the best and brightest in the field. And it’s not just the traditional tech giants that are in the mix; new startups and established businesses in a variety of industries are all looking for top tech talent.The war for talent is

The rapidly changing nature of business requires finding effective ways for IT recruiting. Talent acquisition is a complicated process with many running elements. Recruitment has never been more significant than it is today. Statista indicates the software development market to be worth about $593 billion and is expected to reach $812 billion by 2027. With the software development market booming, finding ways to hire top software engineers is an endeavor many businesses appeal to. Let’s explore the phenomenon of IT recruitment process outsourcing (RPO) in general and dive deeper into the most notable ways of hiring developers with the ins and outs of each one of them. RPO in a Nutshell IT expert recruiting is the process almost every successful company endures at some point in its lifecycle. However, for companies having access to only limited resources, talent acquisition poses a major challenge. At this point, RPO comes to the

  How could such a strong IT industry grow in Ukraine?   To Ukrainians, their country’s industrial and technological strengths are evident as proven by advanced technologies created by Ukrainian scientists for space exploration, intercontinental ballistic missiles, and the largest aircraft in the world, Mriya (the “Dream”). However, few people outside of Ukraine are aware of these achievements, mostly because Sputnik and other Sovtech (Soviet technology’s own term) feats are mostly associated with the long-gone USSR. And the few who know usually are benefiting from accessing this hidden gem of technical experts, hiring engineers and software developers from Ukraine. Correctly placing credit where it’s due, we’ll review the sources of Ukraine’s past engineering and technical legacy, the current state of affairs, and risk predicting the future.   A journey into the Past: Ukraine’s Engineering Origins   To this day up to a third of Ukraine’s exports consist of iron and

One part of the reason is the eroding cost advantage of Asia and Eastern Europe as compared with America and Western Europe. With costs increasing as high as 10% per year, some managers in countries like India now commanding higher salaries than the global averages, according to Financial Times. In this article we’ll review how Africa became an outsourcing destination and explore four countries that are regional overseas tech delivery hub champions showing the way to the rest of the countries on the continent.   Africa within the New Economy Business Context   Africa has always been in the similar time zone and relatively close to Europe in terms of logistics. When several countries on the continent were connected to global broadband in 2009, the continents moved even closer together. Government and business investments into the nascent information economy followed, with several tech clusters across Africa growing rapidly ever since.