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Nearshoring in the Land of Roses

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Nearshorin

Nearshorin

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  • 1. Nearshore Outsourcing. Close to Home.
    BULGARIA: the wise alternative
    It’s about People!
  • 2. some THOUGHTS,
    FACTS & REFLECTIONS
    It’s about People!
  • 3. Nearshoring is about outsourcing work
    in neighboring states.
    It is simply the new offshoring alternative.
    It’s about People!
  • 4. Why is it?
    It’s about People!
  • 5.
    • Nearshoring brings all the economic benefits of offshoring related to cost-effectiveness and time-to-market.
    • 6. It however doesn’t bring the risks associated with the offshoring: communication gaps, workload delays, time-zones complications.
    It’s about People!
  • 7. Nearshoring is about smoothly outsourced ICT processes
    due to
    geographical, cultural and even linguistic proximities.
    It’s about People!
  • 8. Today more and more European companies outsource their ICT activities to near-by countries.
    It’s about People!
  • 9. BULGARIA is one of them.
    It’s about People!
  • 10. some FACTS
    It’s about People!
  • 11. Bulgaria Moves into Top 30 Offshore Locations for the period 2010-2011
    “Gartner”, December 2010
    It’s about People!
  • 12. Political system: Republic
    Capital city: Sofia
    Total area: 111 910 km²
    Population: 7.6 million
    Bulgaria is one of the oldest states in Europe.
    European Union member since 2007
    Expected to join the Eurozone in 2013
    Geo-strategic position between Asia & Europe
    It’s about People!
  • 13. In 2010 Bulgaria was ranked 44th out of 183 countries by the “Ease of Doing Business Index” of the World Bank.
    It’s about People!
  • 14. The lowest corporate taxes in Europe
    Fully functional market economy
    Macro-economic stability and working market mechanisms
    Great climate (four seasons), nature (mountains area & sea) and hospitable spirit.
    It’s about People!
  • 15. In 2009, Bulgaria was rated as the “new offshoring star in Europe” by
    AT Kearney, a global management consulting firm.
    It’s about People!
  • 16. IT outsourcing market volume: (USD Million) 322
    Number of IT outsourcing companies 470
    Number of specialists involved in IT outsourcing services industry 8,700
    The most competitive salary levels in the ICT sector within the EU
    It’s about People!
  • 17. Bulgaria holds ground in office outsourcing
    Global business consultant “AT Kearney”, May 2009
    It’s about People!
  • 18. OUTSOURCING by sector
    source: “Colliers International”
    It’s about People!
  • 19. Some major international companies having established their own teams in Bulgaria
    It’s about People!
  • 20. some GOOD REASONS
    It’s about People!
  • 21. Technology Talents Pool
    • Strong IT Education base: 47 universities, located in 26 different towns
    • 22. 8th place in the world for certified IT professionals according the Brainbench Global IT IQ report
    • 23. In 2009/2010, 9000 students graduated in ICT and Engineering related programs
    • 24. 5 Microsoft and more than 100 Cisco academies acting in the country at present – most of them affiliated with academic institutions.
    sources:
    www.investbulgaria.com
    http://www.icentres.net/
    It’s about People!
  • 25. Number of students enrolled University Engineering programs
    in 2009/2010
    sources: “Invest Bulgaria Agency” ; Ministry of Education
    It’s about People!
  • 26. source: “McKinsey&Company”
    It’s about People!
  • 27. Multilingual Nation
    Usage of foreign languages for the period 2009 - 2010
    sources: “Invest Bulgaria Agency” ; Ministry of Education
    It’s about People!
  • 28. Geographical proximity
    Bulgaria is between 1 and 2.5 hours flight by any European country.
    Time difference between Bulgaria and the rest of Europe is just
    an hour.
    These are good advantages for round a clock software development.
    Some low-cost European air companies
    having direct flights to Bulgaria:
    Wizz Air
    German Wings
    Easyjet
    It’s about People!
  • 29. Cultural similarity
    • Bulgaria is a cradle and a crossroad of ancient civilizations. Thracians, Romans,
    Slavs and Bulgars have left their mark in the past on the culture of Bulgaria contributing to a heritage that
    combines long history, fine literature
    and unique folklore.
    • Bulgaria is the birthplace
    of the Cyrillic alphabet.
    • Bulgarians are known for their tolerance and openness to other cultures
    and nations.
    source: http://www.bulgaria-embassy.org/
    It’s about People!
  • 30. If you are investigating the option to outsource software development in the “Land of Roses”, give us a call.
    Nonillion may help.
    It’s about People!
  • 31. www.nonillion.bg
    Rudi Van den Bossche
    Managing Director
    rudi@nonillion.bg
    +359 02 8629008
    +324 77697968
    Nonillion – Sofia Office
    92/94 „Tsar Asen” Str.
    1000 Sofia, Bulgaria
    +359 02 8629008
    Ivan Arnaudov
    Sales Director
    ivan.arnaudov@nonillion.bg
    +359 02 8629008
    +359 878602956
    Nonillion – Rousse Office
    44B „Borisova” Str.
    7012 Rousse, Bulgaria
    +359 082 822315
    Nataliya Dimitrova
    Marketing Manager
    nataliya.dimitrova@nonillion.bg
    +359 082 822315
    +359 878 602941
    It’s about People!