Why Eastern Europe Is the Best Choice for Offshore Software Development?
Please note that the information on hourly rates of developers is provided for 2021 and may no longer be relevant.
Introduction
As a company that builds product development teams for SMEs with offices in Ukraine and Latvia, AnyforSoft decided to study software development in detail. In this article, we are going to share our research on offshore software development trends, outsourcing destinations, benefits, cost comparison by country, and what factors influence offshore development rates. Learn more about what companies in Eastern Europe and Ukraine, in particular, have to offer in terms of IT outsourcing below!
What Is Offshore Software Development?
We created a clear offshore software development rates map where you can see the average differences between countries worldwide.
This is a way to transfer your project development to a far or even overseas location. You may ask why the high-tech countries of Europe and the United States are looking for offshore software development partners, for example in Latvia or Ukraine. It's simple - this model makes it possible to find talented, proven experts with a cost-saving approach.
If just a few decades ago, Silicon Valley was a huge IT provider, then there have been changes. Companies looking for a cooperation partner don’t have the financial capacity and are looking for alternative offshore software development solutions. Moreover, over the past few years in the United States, there has been a significant IT staff decrease. In some American states, it is a huge deal to find a talented expert.
Pros and Cons of Offshore Software Development
It is not for nothing that offshore development is now at the forefront of development. On the business owners’ part, it opens up limited early globalization advantages. On the cooperation companies part, it creates a highly competitive environment for the development of their technological strengths. To be successful you need to know the pros and cons of outsourcing software development.
Let’s surf into the pros of offshore software development services:
A Wide Pool of Talents. Does your country lack talented specialists? Are they cost-high? Why not look for them in different places? Offshore software development company involves a huge selection of talents. Now you can choose the best of the best in a large-scale global field.
Cost-Effectiveness. New economic opportunities are opening up before you. The offshore software development company has the perfect blend of technologies and not a skyrocketing development cost. This is an ideal step to make your business breakthrough in the most comfortable conditions for yourself.
Easy Hiring and Onboarding Process. In addition to the two advantages mentioned above, many business owners will be pleased to share a part of the responsibility with an experienced software developer company. It will handle the process of hiring and onboarding your experts. You no longer go through the difficult hiring process and adapting your employees. You save time and effort. You have lots of strength to find new business investors or develop your marketing system.
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