Nearshoring in the Land of RosesPresentation Transcript
Nearshore Outsourcing. Close to Home. BULGARIA: the wise alternative It’s about People!
some THOUGHTS, FACTS & REFLECTIONS It’s about People!
Nearshoring is about outsourcing work in neighboring states. It is simply the new offshoring alternative. It’s about People!
Why is it? It’s about People!
Nearshoring brings all the economic benefits of offshoring related to cost-effectiveness and time-to-market.
It however doesn’t bring the risks associated with the offshoring: communication gaps, workload delays, time-zones complications.
It’s about People!
Nearshoring is about smoothly outsourced ICT processes due to geographical, cultural and even linguistic proximities. It’s about People!
Today more and more European companies outsource their ICT activities to near-by countries. It’s about People!
BULGARIA is one of them. It’s about People!
some FACTS It’s about People!
Bulgaria Moves into Top 30 Offshore Locations for the period 2010-2011 “Gartner”, December 2010 It’s about People!
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!
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!
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!
In 2009, Bulgaria was rated as the “new offshoring star in Europe” by AT Kearney, a global management consulting firm. It’s about People!
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!
Bulgaria holds ground in office outsourcing Global business consultant “AT Kearney”, May 2009 It’s about People!
OUTSOURCING by sector source: “Colliers International” It’s about People!
Some major international companies having established their own teams in Bulgaria It’s about People!
some GOOD REASONS It’s about People!
Technology Talents Pool
Strong IT Education base: 47 universities, located in 26 different towns
8th place in the world for certified IT professionals according the Brainbench Global IT IQ report
In 2009/2010, 9000 students graduated in ICT and Engineering related programs
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!
Number of students enrolled University Engineering programs in 2009/2010 sources: “Invest Bulgaria Agency” ; Ministry of Education It’s about People!
source: “McKinsey&Company” It’s about People!
Multilingual Nation Usage of foreign languages for the period 2009 - 2010 sources: “Invest Bulgaria Agency” ; Ministry of Education It’s about People!
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!
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!
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!
www.nonillion.bg Rudi Van den Bossche Managing Director firstname.lastname@example.org +359 02 8629008 +324 77697968 Nonillion – Sofia Office 92/94 „Tsar Asen” Str. 1000 Sofia, Bulgaria +359 02 8629008 Ivan Arnaudov Sales Director email@example.com +359 02 8629008 +359 878602956 Nonillion – Rousse Office 44B „Borisova” Str. 7012 Rousse, Bulgaria +359 082 822315 Nataliya Dimitrova Marketing Manager firstname.lastname@example.org +359 082 822315 +359 878 602941 It’s about People!