IT nearshoring in Slovakia - reasons, advantages and how nearshoring works
IT nearshoring is not only unavoidable, but necessary if companies are to continue to qualified IT specialists want to hire. IT nearshoring is therefore not just a trend, but something that must become part of the future of companies. Slovakia is a location that guarantees stability and a high level of education. Here we describe the advantages and approach of IT nearshoring.
Nearshoring strategy - What is nearshoring?
Nearshoring is a form of Outsourcing. The difference is that the Outsourcing often takes place globally or within the country of origin.
You're probably wondering what the advantages are? Why not simply Outsourcing? IT nearshoring has the advantage that outsourcing is shipped to a neighbouring country and therefore has many advantages:
- Cultural similarities.
- Geographical proximity to the head office.
- The laws are also generally similar.
- It is easier to check that everything is running correctly as it is a neighbouring country.
- Easier compliance with laws, as research on laws is easier.
- Similar time zone.
Nearshoring refers specifically to the Outsourcing to a neighbouring country. Nearshoring is therefore like Outsourcingonly in the neighbourhood.
IT development - IT nearshoring in Eastern Europe
It has become more and more common, IT professionals elsewhere than on site.
This is due to the IT skills shortage to the new location. One of the ideal locations for this is the SlovakiaWe will go into this in more detail later.
Let's first look at the advantages and reasons for Nearshoring in Slovakia and how it works:
Cost-optimised nearshoring:
- Cheaper labour: Tech talent in Slovakia earn less than in Germany.
- Expanded talent pool: There are many talent pools in Slovakia qualified IT specialists.
- Save costs: You save costs through various factors, such as not having to purchase the necessary workstations.
Nearshoring in Eastern Europe is becoming increasingly popular!
Slovakia as a nearshoring location
As promised earlier, I will now go into detail about the reasons why the Slovakia should choose than Nearshoring for your IT projects.
Here are some important and interesting facts that are relevant to the Slovakia speak:
- Qualified labour force: More than 38,000 university graduates are trained in Slovakia every year.
- Cost efficiency: Labour costs in Slovakia are among the lowest in Europe. Engineers earn an average gross salary of around €2,000 per month.
- Language skills: Around 90 % of Slovaks aged between 25 and 63 have at least a university degree. This is above the EU average of 76 %. English is taught in 93 % of schools.
Many advantages of IT nearshoring clearly.
Further reasons why nearshoring in Eastern Europe makes sense for start-ups and corporations
According to many reports, Slovakia offers some of the most best trained Software developer the world.
Further advantages for Slovakia as a nearshoring location:
- Growing talent pool: Slovakia currently has around 44,000 IT specialistswhich provide services worth 2.6 billion dollars worldwide.
- Specialisations: The Slovakian IT sector is particularly strong in areas such as Software engineering and others IT professions.
- The dual training system in Slovakia combines theoretical knowledge with practical experience. Students spend a large part of their training directly in the company. There they can gain practical experience.
Interesting fact:
Slovakia faced several challenges when introducing the dual training system. The challenges:
- Low response to the law on the dual training system.
- The dual study programme got off to a slow start, and initially this concept was not adopted by many universities.
As Outsourcing perspective is the Slovakia cheaper than most Western European countries and has a large number of trained IT professionals.
Nearshoring for start-ups and corporate companies - Zeitarbeit International
There are many Nearshoring success stories. Nearshoring is a clear advantage for any type of company, no matter how small or large, especially for IT nearshoring. Because it is time-consuming, Tech talent for nearshoring in Slovakia, we are here to help you.
No matter which IT professionals You need, Zeitarbeit International can help you with this. Simply send us your requirements and we will get to work.
Contact us today for competent support!