Outsoursing Advisory
Why Going To Romania?
Nowadays, the IT industry is developing extremely fast, globalizing the business landscape and forcing companies to seek new solutions in order to stay afloat. Outsourcing was among the solutions that rapidly gained popularity and changed the whole IT industry. If we talk about outsourcing destinations, lots of European countries have become quite attractive options for outsourcing. They differ by budget, mentality, and working approach so much that it is now difficult to choose the one that is exactly suitable for your business requirements and needs. Not so long ago, outsourcing to Romania captured the attention of businesses worldwide.
IT OUTSOURCING TO ROMANIA: INDUSTRY DEVELOPMENT
The Romanian IT industry is growing extremely quickly, so the process of outsourcing to Romania has gained sustainable development in recent years. The country has become one of the most popular destinations for software development outsourcing in Eastern Europe.
Due to its popularity and the constant growth of the industry, Romania produces over 12.000 IT graduates annually and has a high English proficiency. Approximately 70% of the Romanian workforce is able to communicate in English and collaborate with international clients. Moreover, according to the IDC Romania IT Services Market Forecast for 2021–2025, the IT services market in Romania is projected to grow at a CAGR (compound annual growth rate) of 6.9% during this period.
IT OUTSOURCING TO ROMANIA: GOVERNMENT AIDS
Another significant fact you need to know about outsourcing to Romania is that the government of the country is actively supporting the development of the IT sector and outsourcing industry. When outsourcing to Romania started to gain popularity, the government established partnerships with many educational institutions and industry associations in order to increase the quality of education and promote the development of activities in this sector. All in all, this country has a positive reputation as a reliable outsourcing partner with high-quality services. According to a survey conducted by the CEEOA, more than 90% of respondents expressed satisfaction with the quality of IT services provided by Romanian outsourcing companies.
POPULAR DESTINATIONS OF OUTSOURCING TO ROMANIA
BUCHAREST
It is obvious that Bucharest will take the first place when we are talking about outsourcing to Romania. Being the capital city of Romania, Bucharest has a well-developed infrastructure and houses a mix of multinational corporations, local IT firms, and startups. If we talk about tech hubs, the University of Bucharest Science and Technology Park always drives innovations and Romania outsourcing activities. It offers a collaborative environment, SMEs, and much more innovative solutions. TechHub Bucharest is another co-working and community space that was designed specifically for startups and entrepreneurs.
CLUJ-NAPOCA
Cluj-Napoca has recently become one of the leading IT outsourcing to Romania destinations in the country. The city has been home to many IT companies and startups, offered a favorable business climate, and had supportive government policies. Cluj Innovation City is a major tech hub in Cluj-Napoca. It offers support services to startups and helps grow tech-focused ventures in Cluj-Napoca. Another tech hub is the Cluj IT Cluster, which supports the development of the IT industry and organizes various networking events, training programs, and collaborations between companies that are outsourcing to Romania.
IASI
Iasi, which is located in the northwest region of Romania, has a significant number of IT companies that provide all types of services, from software development to IT support. It has several tech hubs, such as the Iasi IT Cluster and the United Business Center (UBC). The United Business Center is a modern business park that offers high-quality office spaces and other facilities for IT companies. The Iasi IT Cluster is a collaborative network of IT companies, universities, and research centers in Iasi.
TIMISOARA
Situated in western Romania, Timișoara is driving the Romania outsourcing industry. Not a long time ago, the city became the destination of choice for businesses that were looking to outsource to Eastern European countries. Among the most popular tech hubs are the Openville Timisoara Project, which aims to create a favorable business ecosystem for technology-oriented projects, and the Timisoara Startup Hub, which is a co-working space aimed at supporting the growth of Romanian startups.
