Your SlideShare is downloading. ×
IT in Republic of Moldova - Value for the Money
Upcoming SlideShare
Loading in...5
×

Thanks for flagging this SlideShare!

Oops! An error has occurred.

×
Saving this for later? Get the SlideShare app to save on your phone or tablet. Read anywhere, anytime – even offline.
Text the download link to your phone
Standard text messaging rates apply

IT in Republic of Moldova - Value for the Money

219
views

Published on

The costs of doing business in Moldova are low for a reason. Even though political changes will have little to no impact on IT centers serving clients abroad and overall conditions are getting better …

The costs of doing business in Moldova are low for a reason. Even though political changes will have little to no impact on IT centers serving clients abroad and overall conditions are getting better as the economy continues to grow, firms opening centers in
the country need to bring their own managers (at least at first) and trainers to help staff round out their skills.

Published in: Technology, Travel, Business

0 Comments
2 Likes
Statistics
Notes
  • Be the first to comment

No Downloads
Views
Total Views
219
On Slideshare
0
From Embeds
0
Number of Embeds
0
Actions
Shares
0
Downloads
0
Comments
0
Likes
2
Embeds 0
No embeds

Report content
Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
No notes for slide
  • Moldova has free trade agreements with every CIS country except Tajikistan, it is a member of the World Trade Organization, and has signed on to the Autonomous Trade Preference Agreement with EU (until 2015, when it will likely be replaced with another agreement) and several regional free-trade and economic cooperation agreements.
  • Moldova borders the EU and the CIS and is also convenient. In addition to its European time zone (GMT +2), Moldova's main airport in Chișinău has direct flights to major European hubs like Munich, Moscow, and Vienna - making most European cities less than a half-day's travel away.
  • Every year around 2,000 students graduate Moldovan universities with degrees in computing or a related field. (Another 8,500 have math or engineering degrees. They are all ready to be trained and join IT firms looking for hardworking, mid- and high-end developers. Many are trilingual, speaking Romanian, Russian, and French or English.
  • ICT talent – 20,000 and growing:In 2010, more than 20,000 individuals were employed in the ICT sector. Around 83% were technical specialists such as software engineers, analysts, developers, and project managers.
  • The IT market is currently hardware dominated but: the 5-year average software and services spending growth rate exceeds the hardware rate; broadband penetration is rapidly expanding among businesses; and telco competition is driving uptake of handsets and household internet.Local market still hardware centric, but accelerating IT services growth and massive government investments in IT spending drive boom ahead.
  • The first steptsinvolvend launch of several projects and services for citizens (e-Record, Mobile Signature, Local Documents Registry) businesses (e-Licensing, Electronic Fiscal Record, Fast Electronic Statement) and for government activities (Open Data Portal, Registry of Personal Data, M-Pas. More services and platforms are expected to be launched: e-Payment, e-Visa, e-Public Procurement, M-Cloud, M-Sign.
  • The costs of doing business in Moldova are low for a reason. Even though political changes will have little to no impact on IT centers serving clients abroad and overall conditions are getting better as the economy continues to grow, firms opening centers in the country need to bring their own managers (at least at first) and trainers to help staff round out their skills.
  • Transcript

    • 1. Republic of Moldova - Value for MoneyDona SCOLAMay 29, 2013Author:Date:Deputy Ministerwww.investict.md
    • 2. Capable and Business Friendly
    • 3. Capable and Business Friendly
    • 4. Hub Between East and West
    • 5. Hub Between East and West
    • 6. Educated and Skilled Labour
    • 7. Educated and Skilled Labour
    • 8. Growing Local Market
    • 9. Government committed utilizing IT
    • 10. The IDC PerspectiveMoldova is EuropeanIts culture and history are intrinsically linked to the rest of the continent. Its system ofeducation, business processes, and business approaches align with those of Europe.It is still early days for both the overall IT market in Moldova and for the countrys roleas an IT development and services locationIt has one of Europes lowest costs of doing businessThe government has developed numerous incentives for attracting foreign firms.A skilled labor force and a 7.4% unemployment rate means people are looking for work.And there is plenty of office space.Moldova well positioned for high-value activities like analysis and design and softwaredevelopment and testingSpending on nearshore activities will be more than 40% higher.While the potential for building cost-effective centers is high, the market is small – becausethe country is small – and international vendors that move quickly will have the advantage.
    • 11. Plan for itLeadership needed – management and upTraining required – adding experience to intelligenceProductivity – room for improvementManagement standards are still developing in Moldova. Since the collapse of the SovietUnion, commonly accepted practices employed in free-market economies have been slowto take hold in the business community.Just because training is considered important and generally a positive part of the corporateworld does not mean it happens.On the surface, the productivity level of the IT service industry in Moldova might ring alarmbells among those thinking of building IT development and service centers there.
    • 12. Find out MoreVisit www.investict.md andOpen the Business to Business ICT Portal www.b2b.ict.md and find a partnerGet in TouchDownload ICT Whitepaper, Download the PowerPoint presentation, Dowload the PDFBrochureLook for contacts and partnerships on the B2B directory of moldovan ICT companies.Ministry of Information Technology and Communications+373 22 251 175 & contact@investict.mdwww.mtic.gov.mdMoldovan Association of Private ICT Companies+373 22 887 000 & office@ict.mdwww.ict.md
    • 13. Thank you for your time!If you need additional information, feel free to contact us:Dona Scola, Deputy Minister,Ministry of Information Technology and CommunicationsAddress: Moldova, Chisinau, Stefan cel Mare str. 134Email: contact@investict.mdWebsite: www.investict.mdPhone: +373 22 251 175www.investict.md

    ×