Nearshoring In The Land Of Roses


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Nearshoring In The Land Of Roses

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