Monday, February 4, 2008

IT outsourcing Klondike in Europe

Every December is a high time for top management to gather and make serious decisions: drafting budget for the coming year and devising the company’s strategy. And IT outsourcing buyers are no exception. Board Directors gather in conference rooms and discuss plans for future company growth plans and new market expansions. And the question “where” they should outsource various IT services comes up in the first line.

A recent survey showed that Europe became the world’s largest outsourcing consumer. Given the evident nearshoring benefits – time-zone compatibility, cultural and geographical proximity leading to better communication and fewer costs on travel – which are coupled with an enormous pool of highly skilled  professionals in software engineering, Eastern Europe and Russia are likely to take place as chosen outsourcing destinations.

What’s more Russian IT outsourcing companies are highly lucrative for European customers if compared to new EU members in terms of quality of complex software engineering work, project management eхpertise, available skill set, and general credibility and maturity. Add to this the exceptional track record of Russian software development companies like EPAM Systems: SAP, Reuters, London Stock Exchange and many others. All of them are more than satisfied with the level of service they met in Russia, and keep returning there with new projects to outsource.

Another strong side of companies like EPAM Systems is the distributed delivery model. Numerous offices across Europe, US, and CIS and allow both the provider and its customers literally speak the same language.

The above being said, the market may see a surge of mutually beneficial Europe-Russia outsourcing relationships.

0 коммент..