Romania is emerging as a top outsourcing destination. The country grabbed the 18th position in the 2017 Kearney Global Services Location Index™ for its potential as an international growth partner. The World Bank gives Romania 55th place out of 191 for ease in doing business in the country.
Several factors, like low costs and a stable economy, make Romania ideal for outsourcing. The country covers the needs of a wide range of industries like tech, healthcare, finance, and communications. Many innovations born in Romania are now the reason behind the success of big players in the market.
Let’s explore some of the factors that make Romania a great place to outsource your business processes.
The Perks of Outsourcing to Romania
Why should you consider Romania as your growth partner? Here are a few reasons.
Low Costs
Cost is the main factor for any business decision.
Romania is one of the most affordable outsourcing destinations in the whole of Europe. You can hire a developer at 75% less cost than any place in Eastern or Western Europe.
Some of you might be wondering if this leads to compromising quality. That doesn’t work with Romania as the cost of living is highly affordable. Living in the capital would cost you around US$500 per month. Romania has the lowest prices in the entire EU when it comes to buying basic goods.
You will never have to compromise quality for cost when you work with Romania. Here you will find the top minds in the industry ready to offer cost-effective services to help you achieve your business objectives.
Whether you’re in eCommerce or education, Romania has the right talents to meet your needs. You can always count on 100,000 software development professionals ready to handle your projects.
Technical Expertise
Many people would find it hard to believe Romania can be a game-changer for tech companies. However, wearable giant Fitbit considers Romania to have a “science-savvy workforce.” Co-founder Eric Friedman even lauded the country for having a young talent pool ready to take on the global tech competition.
The founder of Cluj Startups, Mircea Vadan, states that there are countless people with expertise in software and technical development. More people are into science due to Romania’s focus on software development. The trend is still visible with a push towards technical excellence.
Anyone can take a look at the current startup scenario in Romania and confirm this. Even today, IT companies contribute 6% of the country’s GDP. The number is expected to reach 10% in the coming years.
Stack Overflow says Romania had more than 108,000 developers in 2017. Some are pros at hardware, while others excel in programming languages, Android, or iOS. The country also had over 19,068 software companies in 2017.
Outsourcing your processes or development to such a tech-savvy destination is sure profitable.
IT Education
The communist past of Romania contributed to its present success. Governments encouraged and invested in spreading education and promoting science. As a result, Romania has always been an academic destination for many.
The growth of IT education increased in the past few decades. The country has seen the growth path of many technical universities that graduate 7,000 IT specialists every year. The Technical University of Civil Engineering, Polytechnic University of Timisoara, Babes-Bolyai University, and more generate qualified talents with top technical skills.
Be it Java, C++, Python, or anything else, Romania can tackle your responsibilities adeptly.
The Advantage of Outsourcing to the Ideal Time Zone
Time differences play a big part in choosing where to outsource. Time differences of many hours can create challenges in communication and collaboration for sure. However, there is nothing to worry about when you outsource to Romania.
It is an excellent choice for nearshore and offshore outsourcing due to time advantages. For European countries, the time gap is at the most 2 hours. You can work with your nearshore team during regular hours without any challenges.
For locations like the US, Romania has a 2–3 hours overlap where you can communicate in real-time. So, keeping up with your outsourcing partner is never a big deal.
Final Thoughts
Romania is one of the top destinations to handover your responsibilities. Whether it’s software development or handling business processes, you are in good hands without exceptions.
Top talents, low costs, ease of doing business- many factors make Romania the best place to outsource. Here are a few more reasons for offshore outsourcing to Romania with YouTeam. Check it out if you still need more information to make your decision.
