Trends in tech industry in Europe

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By Andrew Tsopych
December 26, 2019


There is a trend in modern professional society to outsource a part or a whole team of tech developers. A Bloomberg report in 2018 has once stated that large companies like Google or Slack tend to use huge amounts of subcontractors when it comes to flexible IT development. 

Although the trend to use mostly Asian freelancers has been around for some decades now, it’s only in the last couple of years employers have started to look elsewhere. The reason is quite simple. According to a study conducted by Aspiring Minds (employability assessment company in India), only 3.84% of recent IT graduates qualify for software engineering jobs in startups. 

The rest of them has not enough experience or ability to learn fast. Besides, that’s why the costs of services provided by most of Asian software companies is so low in comparison to their respective colleagues in Europe or America. Doubtless India’s robust economic achievements have been partially made possible by it’s IT sphere, but under the curtains you shall mostly find quantity over quality. 

As a result, we have an immensely wide, yet suspicious market. Large enterprises outsource services from huge IT companies, leaving small software houses behind. That is the exact time and place when the real battle for clients begins, as the amount of similar development companies makes it impossible to . However, this opportunity was quickly grabbed by other emerging markets with CEE region to be the most promising one.

The logic behind this can be explained in 3 words: professionalism, transparency, efficiency. Speaking about the first factor it’s worth mentioning the education system the majority of Eastern European countries have. The Soviet Union has left a decent foundation for people to advance in STEM (science, technology, engineering and mathematics) subjects. Such countries as Russia, Ukraine and Poland foster young and bright minds to excel at Programming by providing university/corporate grants and supporting maths olympiads.

In addition, the price tag is still lower than in the US or Western Europe allowing potential clients to decrease costs without losing the quality. Even time zones matter in terms of mutual convenience at work. A 1-hour difference between Stockholm and Kyiv, for instance, encourages a tighter communication between a client and a vendor.

Intobi combines all the above-mentioned advantages in one unit. You will definitely experience the benefits from our cooperation, once you’ve decided to get in touch with us.

By Andrew Tsopych
December 26, 2019

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George
George

That is interesting.