BusinessWire estimates that by 2027, the global market for IT outsourcing will hit an enormous amount of $410 billion. This massive increase in IT outsourcing is triggered by the rapid growth of the tech industry. More and more companies are seeking out offshore software development teams with proven experience, which work efficiently within the client’s budgets. And a lot of businesses are finding software development […]
As global digitization is snowballing, businesses are finding themselves in a sticky situation of acute talent shortage. A recent study by McKinsey reveals that 87% of HR executives are either experiencing talent gaps or expect the same in the near future. Business areas that experience skills gaps include web and software development, data analytics, and R&D. Fortunately third-party hiring models, such as IT staff augmentation […]
A recent McKinsey’s American Opportunity Survey shows that 35% of job holders can embrace a full-time remote work organizational culture. In another two-year study, researchers established that remote work culture can increase employee productivity by 13.5% and that 50% of remote workers are unlikely to abandon their job positions. From these statistics, you can tell that remote recruitment and collaboration are becoming popular for good reasons. First, […]
The US Bureau of Labor Statistics compiled by CompTIA indicates that the employer job postings for tech or IT roles reached an all-time high of 623,627 sometime this year, followed by new hiring in software development. What’s more, tech-driven companies in various industries can onboard as many as 22,800 talents within a month. However, global hiring trends is one thing, onboarding is different altogether. How […]
What comes to your mind if you want to hire a third party for software development services? It has to be increased operational efficiency due to freed up human and financial resources that can be rerouted to core business development projects. While the purpose and benefits of working with an offshore software developer are clear, businesses often find themselves in a conundrum when looking for […]
Software development outsourcing is increasingly becoming a trend among businesses that want to bypass recruitment bottlenecks and harness the benefits of working with the best talents the world can offer. Eastern Europe has played an integral role in driving this trend, given that the region is home to some of the best and most innovative software development companies. Among the top countries in the region […]
The average person spends over 14 hours a week on video games. To create such captivating entertainment, producers ensure that in production, game development roles are occupied by experts in the industry. Also, there is a need for collaborative input from various disciplines in the development process to deliver a quality product on time. However, usually, game companies face many challenges, some citing talent shortage […]
According to the latest data, there are approximately 3.09 billion active video gamers worldwide. That figure has risen by over 1 billion in just seven years (that’s a 32% increase). And the number of gamers is expected to hit 3.32 billion by 2024. These statistics show that the rise of gaming services, whether free or subscription-based is an important business for investors and enthusiasts who want to seize the […]
The number of permanent employees is significantly reducing across many organizations, especially in the IT industry. Today, 56% of the global workforce prefers working on a freelance basis to manage their own schedule. 11.7% of the global workforce thinks that independent contracting doesn’t limit them to a fixed income. In other words, this mode of employee-employer collaboration is gaining traction. That aside, hiring IT contractors […]