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Offshore development is becoming more and more popular in Western European countries and the United States. However, due to the lack of local IT specialists and high software development costs, many western businesses are opening offshore development centers (ODCs) in Asian and East European countries. This article discusses ODCs and their benefits. We will also explain how to open an ODC in Ukraine.

A study at Harvard Business School revealed that the 3% of their MBA graduates who had clearly defined goals ended up earning ten times more than the remaining 97% — combined. In technical processes, such as software engineering, goal setting in the form of key performance indicators (KPIs) is vital if your development team is to achieve their set objectives.

Ukraine is one of the Eastern European countries becoming increasingly popular among those looking for IT outsourcing services. Since 2017, the IT industry in Ukraine has exploded, with over 200,000 IT specialists currently working in the country. Additionally, the number of IT outsourcing companies in Ukraine is predicted to double by 2025. As a result, Ukraine is now the fourth-largest supplier of tech talent globally, with a corresponding growth in the number of outsourcing companies. In 2023, Ukraine is #1 out of 169 in The Good Country Index as of Science and Technology contribution.

According to recent Linkedin research, both software development and engineering are among the top-15 emerging jobs in the US for 2020. Full-stack engineers have showcased a 35% annual growth. On the flip side, software developers are also emerging positions. Still, what’s the difference between a software developer and a software engineer?

While companies have always thought of countries in Asia as the top destinations for software development, there are other rising offshore outsourcing players, such as Central American countries. Costa Rica is one of them. There are multiple reasons why Costa Rica makes a great outsourcing partner for US companies in particular, such as highly professional software engineers and developers, close time zone to the US, and comparatively low cost of hiring.

In 1989, Peter Drucker predicted the “unbundling” of organizations and advocated the modern concept of outsourcing, calling it “support activities”. It all started as a way of cutting costs and headcounts — corporate payrolls needed trimming, but work still needed to be done. So why not send that work to an outsourced third party?

With an initial purpose of a mechanism behind cryptocurrencies, today the blockchain technology has stepped far beyond just powering the bitcoin or ether transactions. Blockchain is a powerful and secure technology that is getting into almost every industry, from banking and medicine to the government sector. According to Forbes, blockchain brings the following benefits:

With an initial purpose of a mechanism behind cryptocurrencies, today the blockchain technology has stepped far beyond just powering the bitcoin or ether transactions. Blockchain is a powerful and secure technology that is getting into almost every industry, from banking and medicine to the government sector.

Outsourcing software development has remained one of the main trends in the IT market during the last few years. There are many reasons why companies, organizations, and businesses decide to maintain software development teams overseas, but one of the most crucial is an opportunity to reduce development costs.

How companies can implement an agile approach to offshore software development and achieve significant improvements in the work with distributed teams

When you’re on the hunt for the perfect Senior Python developer, you probably know how tough it can be. There are lots of resumes out there, but finding the right fit—someone who’s not only a tech whiz but also a great cultural match—can feel like searching for a needle in a haystack. But the challenge doesn’t end there.

Latin American software engineers are well-educated, reliable for long-term cooperation, and have lower rates compared to developers from the United States and Canada. Many of these engineers are involved in offshore development and have hands-on experience building products for other companies.

Known for years for a passion for football and many renowned football players such as Lionel Messi, Argentina today is much more than that. Having grown leaps and bounds, Buenos Aires is now a highly modern, cosmopolitan city with a continuously developing software sector.

According to research by BusinessWire, the global market for IT Outsourcing is proliferating. Its value is anticipated to reach an enormous amount of $410 Billion by 2027. Bulgaria is one of the most popular choices for businesses that need to outsource their software development for good reasons.

Eastern European companies are becoming increasingly attractive to many businesses in terms of offshore software development, and Romania is among them. Over the last 20 years, the Romanian IT sector has significantly grown in this country, making it one of the most favorable outsourcing locations. With over 100,000 software development professionals available, Romania is extremely popular as an offshore/nearshore location among Western European countries.

The outsourcing niche is one of the largest industries with an estimated cost of over $92 billion—not only in tech but overall. The numbers truly reflect how much tech is dependent on outsourcing services. The biggest chunk is attributed to software development. For an industry that big, major problems with outsourcing will arise. These include contractor integrity, hidden costs, intellectual property ownership, cultural and communication barriers, and unsatisfactory technical expertise. However, the good thing is that these issues are easy to manage, and we can help you. This article is the ultimate solution guide to help navigate problems associated with software development outsourcing.

Have you ever tried to create a software application only to end up stuck? If you did, then it’s high time you know about the software development life cycle (SDLC).