The primary reason behind choosing Bulgaria as IT outsourcing is its strategic geographic location. Software development outsourcing Bulgaria is good due to its moderate cost for its services, highly educated experts, and the value-added by IT experts to the organization. It is good due to high-quality work at a low price.
If you are looking for why people choose Bulgaria as IT outsourcing, scroll it down to know them!
1. Reliable Infrastructure of the Internet
Internet speed and coverage are considered best in Bulgaria. So that Software development outsourcing Bulgaria gives the quick services and is regarded as the best IT outsourcing location.
2. Highly Educated and Professional Experts
Bulgaria is a country that has developed many institutions for technical education. Students are taught the foreign languages at least one. They are well-known and considered experts in their profession and ensure high performance. That’s why people prefer Bulgaria as an IT outsourcing.
3. Cost-Efficient
Bulgaria is not so expensive a country to charge a high cost on the regularly used items in daily life. With the moderately charged facilities, running a business here is manageable and accessible. That’s why people prefer to maintain business in Bulgaria.
4. Time Management
The foreign investors and business clients are aware that they can get trustworthy and expert businesses in Bulgaria. IT teams in Bulgaria offer round-the-clock services that are highly efficient. The IT outsourcing team provides the 24/7 operation cycle and 100% gaining of the benefits.
5. Geographic Location
There are about 7 million citizens in Bulgaria this time, and it has become a member of the European Union this time due to legal transparency and a stable economy. Bulgaria has geographical and cultural value and is also valuable for the business software by providing the team extension model that is the essential element in IT sourcing.
6. Enhancing Talent Pool
The talent pool in Bulgaria is vast, as 66000 IT experts were employed in 2018. About 10800 students have graduated in software development and IT outsourcing from 2015 to 2020. IT outsourcing industry in Bulgaria is expanding twice as fast as the other industries.
7. Technical Skills
Bulgaria has proved as the best place for expanding and promoting software development. 10% know well how to code in Python. Bulgaria was the country that adapted agile software development earliest. The IT outsourcing team of Bulgaria is an expert in communication between teams and knows how to promote the business by solid interaction with clients.
8. Well Developed Cities
Bulgaria has cities that are developing as IT outsourcing centers. In recent years, many software houses and International companies have organized and well developed in Bulgaria.
9. Moderate Tax System
The economic system in Bulgaria is well developed and ensures a qualified workforce. Bulgaria has the lowest taxes to pay as compared to other countries. This lower tax cost makes the business effective in Bulgaria and reduces the cost.
Verdict
People involved in or running any business is well aware of the cost-saving or effect of cost reduction on the company’s growth. They prefer software development outsourcing Bulgaria for many reasons as it provides experts, enhances the benefit’s rate, and reduces the cost of business.