Central & Eastern Europe IT Outsourcing Review

By the results of the “Central & Eastern Europe IT Outsourcing Review ‘2007”, conducted by Ukrainian Hi-Tech Initiative with the support of information portal ITONews.eu, Baltic Outsourcing Association (Lithuania), Employers’ Association of the Software and Services Industry (Romania) and JNN Consult Ltd (Bulgaria) – in 2007 IT Outsourcing market of the Central and Eastern Europe reached a volume of 3 bln. US dollars.

The research was conducted in August-February 2007-2008. National IT associations, as well as the largest IT companies, from 16 countries of the region

responded to the survey. The main goal of the research was getting a whole overview of the potential of CEE as a cluster of provision of the nearshore IT outsourcing services for the EU countries and offshore outsourcing services for the USA. The research examined key development indicators of IT Outsourcing market in Central and Eastern Europe region: market volume, number of professionals, number of IT companies providing outsourcing services, cost of one professional for the end customer. Independent experts Christian Berner, Natasha Starkell, Parvis Hanson, and Maryna Yaroshchuk provided their views on the IT Outsourcing markets of Central and Eastern European region.

In accordance with experts’ opinions, main indicators of IT Outsourcing industry development take Central and Eastern Europe to the level of such global outsourcing centers as India, China, and Russia. As Victor Maznyuk, President of Ukrainian Hi-Tech Initiative, noted, this research was conducted for the medium and small companies which purchase IT Outsourcing services. We hope that free distribution of this research will help SME (Small and Medium Enterprises) companies in selecting right partners in the Central and Eastern Europe. The full version of the research “Central & Eastern Europe IT Outsourcing Review ‘2007” is available at the website. Ukrainian Hi-Tech Initiative. Ukrainian Hi-Tech Initiative is a leading Ukrainian alliance of offshore software development and IT outsourcing providers. The mission of the alliance is to promote Ukrainian software development companies in the global market.

ITONews.eu – information analytic platform about IT Outsourcing in Central and Eastern European countries. The main aim of ITONews.eu is to show activities of IT companies, providers of outsourcing services the most widely and impartially, and to serve as a place for IT outsourcing services providers and customers meetings. The portal, that started its work in 2008, contents daily updatable news, press-releases, analytic materials, information about global and regional events concerning IT outsourcing.