Nearshoring in Eastern Europe – best fit for UK/Western European companies
Summary
What little gap remains, if any, is more than offset when traditional concerns for non-European destinations are taken into account, such as communication, time difference, quality, security and local market understanding in outsourced projects,. According to a Deloitte survey, companies that choose to replace offshoring with nearshoring have as their major drivers: poor supplier performance, inability to realize cost savings in the long term, time zone considerations, social beliefs or government incentives. As a consequence, some of the large Indian players already opened delivery centers in Romania, Poland, Hungary or Czech Republic or search for acquisition opportunities in Eastern Europe. The region became more transparent and visible in recent years and the combination of untapped talent, good universities and lower cost profile means it is well placed to be a serious competitor to existing global leaders. Euro IT starts from a base of 600+ IT professionals who have successfully executed 1000+ software projects worldwide to customers of various sizes from a range of industry sectors such as such as banking, insurance, ecommerce, telecom, media, travel or healthcare.
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