As more and more companies invest in their digital infrastructure, global spending on enterprise software continues to soar. In fact, expenditures on enterprise software are projected to reach $426 billion in 2020. However, with established corporations and SMBs alike staking their futures on increasingly sophisticated software, it’s never been more important to use your IT spend well.
Whether you’re near-shoring or off-shoring, you have some critical decisions to make — and questions to ask — when it’s time to invest in your digital infrastructure. For example:
In the second installment of our series on regional development firms, we’re discussing off-shoring in India versus off-shoring in Central Eastern Europe — Poland in particular. We’ll also help you understand where VentureDevs fits in and how we can help your team.
Ultimately, the best software development firm for your business depends on your unique needs and particular software goals. While Indian dev firms do offer their own unique strengths and opportunities, it’s important to take a comprehensive view of the development ecosystem when comparing the two regions.
As explained above, HackerRank gives India an uninspiring score of 76.0, which slots it into 31st place internationally. Meanwhile, Poland scores an impressive 98.0, coming in 3rd. While Indian development firms may boast cheaper prices compared with other popular development regions, businesses need to take total costs into account.
For example, if an Indian firm quotes a lower price to develop your enterprise software but the quality of work is subpar, you’ll likely need to commission another developer to fix it — or start entirely from scratch. That doesn’t save you money in the long run.
With competitive pricing, skilled talent, and a burgeoning tech scene, Central Eastern Europe is emerging as a leading hub of software development talent. No wonder it’s an increasingly popular development market for US-based firms looking for cost-effective software development solutions and Western European companies on the hunt for convenient and reliable near-shore options.