More and more companies in the USA, Canada and Western European countries are opting for outsourcing. However, lots of entrepreneurs are still wondering why this option is so popular. We can safely say that outsourcing meets the needs of many industries, but a special place belongs to IT.
Yes, software development outsourcing to Eastern Europe is a topic that interests both startups and global enterprises. It is a convenient and profitable way to upgrade your business processes. Here, in this post I’m going to share some of the best reasons for why you should outsource your product to Eastern Europe.
Quick Facts About IT Services Outsourcing
For you to better understand how things look like, let us start with some quick facts:
- Global market size of outsourced services reached almost 90 billion in 2017.
- Eastern Europe occupies the top position among the IT outsourcing destinations.
- Top 3 outsourced IT functions are software application development, software application maintenance, and data centers.
In-house software development built the basis for this outsourcing hype. IT services in such countries as the USA are extremely expensive and face many difficulties:
1. Lack of Specialists
With the comprehensive development of technologies and industries, it is getting harder and harder to hire competent specialists.
One of the best possible options is an internship for students and novices. But unfortunately, you cannot get a high-quality solution if your team consists mostly of newbies.
2. Costs of the Services
This point is closely connected to the previous one. As the demand rises, the software engineers do not hesitate to increase their salary expectations. In this situation, the employer has no choice but offer the above-average salary to recruit a person.
3. Time-Consuming Tasks
Recruitment services are essential. So you either need to take care of it yourself or hire experienced recruiters to look for IT specialists. In both cases, a lot of time is required. All this time could have been devoted to something more important for your growing business.
A combination of these points can lead to disaster. This is why outsourcing has come to the scene. Keep reading the post and know some great reasons to outsource your product to Eastern Europe.
5 Reasons to Outsource Your Product to Eastern Europe
Outsourcing to Eastern Europe appeared only around a dozen years ago. And now, in light of in-house development difficulties, it deserves more attention.
Some entrepreneurs still hesitate about whether it is worth it to outsource the product development. Well, yes, it is. Hundreds of famous companies have reached their success thanks to the highly skilled developers who work for them remotely.
Let us take a look at the top reasons to start looking for a software development company in Eastern Europe:
1. Financial Profitability
The costs for software development services can decrease. The hourly rates, as well as salaries in the countries of Eastern Europe, are lower in comparison to the USA.
For example, if we are talking about $100 per hour in San-Francisco, the same job can be done for $20-25 by a software engineer from Ukraine.
2. Cooperation with Highly Skilled Professionals
IT industry is well-established in the Eastern Europe countries. The level of education in these countries is unfairly underestimated.
Tens of thousands of qualified IT specialists graduate from the top universities in Poland, Ukraine, Romania, etc. Also, the majority of IT professionals speaks English fluently, which is crucial in the cooperation, too.
3. Process Optimization
The Eastern European IT market has been one of the most promising markets for many years. This period of time allowed to not only increase its great potential and train the staff, but also try different approaches.
A variety of ways for process improvement and optimization have been tried. Each of the methods showed important results which were used for further improvement. Thus, the process of software development and management looks great in most companies here.
4. No Additional Investments
What do you need to start your IT business in the USA? First of all, you need to hire a team, rent an office, pay salaries and take care of the environment your employees work in. Also, hardware support is required.
Cooperation with an outsourcing partner excludes all the additional spendings. Your partner takes care of all the potential issues.
5. Focusing on the Business Development
One of the most important things we would like to highlight is the focus on business development. Finally, you get the possibility to devote more time and attention to improving your efficiency, promoting your business, increasing sales, etc.
Last but not least, you get more time to think over new ideas while sitting in the comfortable coffee shop near your office! Long story short, your outsourcing partner deals with the routine engineering tasks while you can focus on developing new concepts.
Each software development company in Eastern Europe has the potential to provide you with great services. Outsourcing to such cheap but still great destinations as Sofia (Bulgaria), Kyiv (Ukraine), Budapest (Hungary), etc. might be a straight road to your leading position in the niche of your choice.
IT outsourcing to Eastern Europe has minimal risks and allows working with people who have a close mentality and live in quite convenient time zones. Use this option to achieve the success you aim for.