Industry Insights: Why Companies Are Outsourcing to Eastern Europe
Quick:
Name three things you associate with Eastern Europe.
Did they have something to do with drinks, food, and sports?
Well, there’s more to our part of the world than the internet has led you to believe. Eastern Europe is gaining traction as a respectable tech hub that provides experts in various niches. That’s exactly why more and more companies are looking into outsourcing as a service.
Not one of them?
You’re making a mistake, and we’ll tell you why.
In this article, we’ll discuss why outsourcing to Eastern Europe is a game-changer, what benefits does it bring, and more.
Let’s dive in:
What Is Outsourcing?
Outsourcing means relying on external companies or individuals to handle tasks, services, or operations that are traditionally performed in-house. This approach allows businesses to focus on their core activities while reducing costs and increasing efficiency.
The advantages of this business practice are the reason companies turning to regions like Eastern Europe, where they can find a highly skilled workforce. They can manage everything from software engineering to customer support, benefiting from the region’s growing reputation as a reliable outsourcing hub.
So, it should not come as a surprise that the revenue in this IT outsourcing market is projected to reach $4.93 billion by the end of 2024. If you haven’t already considered this option, then what are you waiting for?
Here’s exactly why you should jump on this bandwagon:
Benefits of Outsourcing in Eastern Europe
Outsourcing services such as software development to Eastern Europe offers unique advantages. Countries like Bulgaria, Poland, Romania, etc. offer compelling benefits for all types of companies:
- Skilled and varied talent pool – this part of the world home to a vast number of experts. The countries here have a strong educational focus on science, technology, engineering, and mathematics, producing a steady flow of talented graduates every year.
- Cost-effective and high-quality services – compared to Western Europe or America, the cost of hiring Eastern European software engineers is considerably lower. This makes it easier for companies to scale their operations.
- Proximity and time zone compatibility – for those in the Western world, nearshoring to Eastern Europe offers the advantage of geographical proximity. With a time difference of only a few hours, businesses can easily collaborate with teams in Bulgaria, North Macedonia, Romania, etc.
- Cultural alignment – this ensures that outsourced teams can easily integrate with their Western counterparts, fostering smoother collaboration and communication. Similar cultures are another of the biggest advantages of nearshoring.
- Growing tech infrastructure – Eastern Europe has seen the rise of numerous tech hubs. More and more cities are becoming key centres for innovation, offering modern infrastructure and a growing community of tech professionals.
- Data security – all outsourcing companies from this region adhere to stringent data privacy regulations, in line with EU standards like the GDPR. So, you’ll have an ally committed to maintaining high standards of data protection.
- Flexibility – whether you need a small team of developers or a large-scale solution, Eastern European outsourcing providers can quickly adapt to your needs. This enables you to respond to market changes without the risks and costs associated with expanding in-house teams.
As you can see, the region has much to offer companies looking for reliable and innovative outsourcing solutions.
But:
You need to choose the right outsourcing ally.
How to Choose the Right Eastern European Outsourcing Company
Choosing the right outsourcing company when expanding your horizons to Eastern Europe is crucial.
To find the best one, you need to consider:
- Cultural and business compatibility – assess how well your chosen outsourcing partner integrates with your business values and work culture.
- Communication options – you need a partner that excels in project management and regular communication, particularly in English.
- Technical expertise and specialization – ensure that the outsourcing company you choose has deep expertise in the specific technology or services you require.
- Client feedback and references – look for reviews or testimonials from previous clients, preferably those in the same industry or with similar project requirements.
- Pricing models – consider the company’s pricing structure and how it fits with your budget; look for the right balance between cost and quality.
Or:
You can take the easy route and shoot us a message!
We promise to get back to you by the end of the day with a suitable quote.
Wrap Up
Choosing the right outsourcing destination is the key to staying competitive.
In an oversaturated market, Eastern Europe stands out because it strikes the perfect balance between quality, affordability, and accessibility. The region offers an abundance of highly skilled professionals who excel in various tech niches. With cultural compatibility, time zone convenience, and a strong commitment to security, Eastern Europe makes collaboration seamless and stress-free.
Bonus points:
Our part of the world also offers the best pastries.
So, investing in a partner from Bulgaria is a great excuse to visit and have a piece of banitsa that will change your whole life.
One thing we can promise – you won’t look back.
FAQ
Which European countries are best at outsourcing?
When it comes to outsourcing in Europe, Poland, Bulgaria, and Romania are best choices. Poland is known for its highly skilled tech workforce and a strong focus on innovation, while Bulgaria offers a perfect mix of affordability and talent with a growing reputation in software development. Romania stands out for its multilingual professionals and expertise in a wide range of industries.
Why are Eastern Europeans so good at coding?
Eastern Europeans excel at coding due to a strong emphasis on STEM education from an early age. Many countries in this region prioritise mathematics, engineering, and computer science in their academic systems. Combined with a growing tech industry and access to global projects, Eastern European coders have all the freedom to develop their skills.
Why is it better to outsource?
Outsourcing allows businesses to access niche skills and services without the overhead costs of hiring and maintaining in-house teams. It also provides flexibility, enabling companies to scale operations quickly and efficiently. In addition, it frees up enough time for businesses to focus on their core activities.