Eastern Europe Makes Its Presence Known on the Global IT SceneApril 22, 2009
When it comes to exporting IT services India remains the powerhouse with $17.7 billion in exports during 2006 (the closet contender was China with $3.6 billion in exports). But other regions in the world are catching up. American and European executives are becoming frustrated with the quality of work performed by Indian IT workers and the high turnover rates. The geographic and cultural proximity of Eastern Europe is increasingly attractive to European and American employers who not only want low costs but also long-term partnerships and value for their money.
Globalization and Its Impact on IT Human ResourcesApril 10, 2009
Globalization has changed the way we do business. The flow of information, money, goods, services and cultural capital across national boundaries has made the world market a much more dynamic place. Globalization is often directly linked to information technology (IT). Advances in our technological capabilities, of course, are largely what made globalization possible in the first place. Decreased costs of communication plus instantaneous exchange of information has allowed businesses all around the world to increase their productivity. As one person put it: “Together, globalization and IT crush time and space”.
Global Demand for IT ServicesMarch 30, 2009
It is hard to beat the global market when considering where to go for cost-efficient, high quality IT services. Obviously, labor overseas is cheaper than in the United States or in major European business centers. Indeed, American laborers with IT skills have expressed concern about the drain of jobs to India, Malaysia and Eastern Europe. But the truth of the matter is that cheap labor is only one of the reasons American and European executives look overseas for their IT needs. Even when jobs are created within the United States, American executives have trouble finding local candidates with the necessary skills. A decrease in US college graduates with degrees in engineering and computer science means that there are simply not that many Americans qualified to do the job.
Simple Steps You Must Take Before OutsourcingMarch 10, 2009
Making the decision to outsource your company’s IT services can be a stressful one. Whenever your company gives up direct control over a project, there is some risk involved. But luckily the global market for IT services is only getting bigger and more reliable. Keep these simple steps in mind whenever deciding to outsource an IT project.
Why You Should Look to Eastern Europe for Offshore IT ServicesMarch 1, 2009
The number of companies who are looking to Eastern Europe to outsource their IT business is growing – and with good reason. As of 2006, less than 1 percent of the $30 billion global market for outsourced IT services came from Eastern Europe. Since 2006, the number of offshore jobs in Eastern Europe has tripled. This increase in business is partly due to an increase in demand for offshore IT services in the U.S. and Western Europe. It makes sense for Western European companies to look to their neighbors for IT services rather than to look further oversees.
Freelancers From Eastern EuropeJanuary 17, 2009
Getting the work done on time and below budget is something that every business and entrepreneur is trying to do to make a profit. This global economy brings along a number of options that allow companies to strategically plan their human resources and benefit from hiring freelance professionals for short-term and long-term projects. The growing role of the internet and telecommute employment makes it easier to find cheap labor for a given industry. Such areas as information technology, high-tech engineering, medicine are among the most popular fields for hiring affordable IT and high-tech freelancers.
Advantages of IT Outsourcing to Ukraine and Eastern EuropeAugust 3, 2008
High-tech outsourcing to Eastern Europe has been growing rapidly due to a shortage of IT and other high-tech professionals in the United States and Europe. Outsourcing IT and high-tech projects offshore to Ukraine and Russia or hiring East European IT specialists for part or full-time jobs has become very common for corporations and start-up businesses. Numerous resources have been created online (e.g. High-Tech Hire) to facilitate the search of engineers, web designers and software developers.
High-tech employees such as engineers, web designers and programmers are in demand in the U.S. and Western Europe. The U.S. technology industry added almost 150,000 jobs in 2007. That was the largest gain since 2001, before the implosion of the tech bubble resulted in the loss of more than 1 million jobs in three years.