Offshoring
What is Offshore Development Center (ODC): All Benefits and Possible Risks
To keep up with the constantly increasing global IT talent shortage, most companies including large giant tech businesses like Google are turning to outsourcing and outstaffing. According to Statista data, the worldwide outsourcing industry reached 92.5 billion U.S. dollars in 2019, with Offshore Development Center (ODC) services accounting for a significant portion of that total. It was also discovered that over 80% of the world’s […]
How to Find Valuable Expertise of Outsource PHP Development
Today, 79% of websites that operate through w3techs use PHP for their back-end. And the PHP programming language was the most popular in 2021, with a market share of 45.43 percent. From Wikipedia, Facebook, Slack, MailChimp, WordPress, Etsy iStock, Spotify, Yahoo, Flickr, and Tumblr among many others, the list of popular organizations that use PHP is endless. Considering the high demand for PHP coding language […]
Explore with Newxel: How to Deal With a Shortage of Software Engineers in 2022
Today, the question is no longer, is there a shortage of software developers in the world, but how to deal with the talent deficit. In December 2020, the global shortage of software developers reached an all-time high, 40 million and experts predict the number will increase to 85.2 million by 2030. What’s more, global companies are likely to lose up to $8.4 trillion in revenues, […]
5 Reasons To Consider Software Development In Eastern Europe In 2021 and Beyond
Digital technologies have advanced rapidly over the past two decades, changing peoples’ lives forever. Today, over 3 billion people own a smartphone, while 47% of all households in the world own at least one computer. This makes software development a basic need for all industries: finance, accounting, healthcare, education, and more. However, despite the many success stories told by Google, Amazon, and other tech giants, […]
Where and How to Hire Offshore Developers in 2021
The United States and other western powers are recognized as world leaders in the technology sector. However, the bulk of US-based businesses face a severe hurdle in the shape of developer scarcity. And similarly, western European countries are struggling to establish a domestic talent pool while keeping development costs down. This is where offshore software developers step in. Today, the offshore software development paradigm is […]
Ukrainian Software Developers: 10 Reasons & Benefits to Hire in Ukraine
Over the past few years, Ukraine has made a name for itself as a top outsourcing destination and is even predicted to exceed US$8.4 billion of industry export volume by 2025. But as a savvy specialist, you aren’t going to just take hearsay’s word for it, right? You want to know, exactly, “why Ukraine?” How did the country become among the 5th strongest IT outsourcing/outstaffing […]
Data Science Outsourcing: Way to Deal With Talent Shortage or Smart Business Strategy
In 2020, the average internet user generated 1.7 megabytes of data every second. And in total, internet users around the world generate up to 2.5 quintillions of data each day. Massive, right? Considering we now live in an era where big data is the fuel of every internet application or software, the question is how can you efficiently manage these huge data loads to your […]
IT Outsourcing in Ukraine: Country Overview, Risks, and Opportunities
Today, a lot of globally recognized companies are outsourcing their IT needs to software development companies in Ukraine. At present, tech giants like Magento, Google, and Huawei already have their own offshore R&D centers in Ukraine. According to IT Ukraine Association, the country’s IT exports exceeded $5 billion in 2020 alone, showing a 20.44% increment from the previous year: Ukraine software outsourcing is providing a […]
How do US companies outsource IT talents from the global pool
It has become common practice for US IT companies to engage developers from other countries to work on their tasks. This is not surprising, since a local talent market tends to be limited while the global pool provides an almost limitless choice of required specialists. There are several ways to take advantage of the global talent market, from outsourcing to outstaffing, including relocation. All of […]
