SlideShare a Scribd company logo
1 of 27
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!
[object Object]
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 ,[object Object]
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!

More Related Content

Viewers also liked

Viewers also liked (15)

Personalized Medicine's Effect on Oncologists' Treatment Regimens
Personalized Medicine's Effect on Oncologists' Treatment RegimensPersonalized Medicine's Effect on Oncologists' Treatment Regimens
Personalized Medicine's Effect on Oncologists' Treatment Regimens
 
Additive Manufacturing: The Future is Now
Additive Manufacturing: The Future is NowAdditive Manufacturing: The Future is Now
Additive Manufacturing: The Future is Now
 
Q3 2015 presentation
Q3 2015 presentationQ3 2015 presentation
Q3 2015 presentation
 
Smart Consulting - Nearshoring Services
Smart Consulting - Nearshoring ServicesSmart Consulting - Nearshoring Services
Smart Consulting - Nearshoring Services
 
10 nearshoring it trends om in 2016 te volgen
10 nearshoring it trends om in 2016 te volgen 10 nearshoring it trends om in 2016 te volgen
10 nearshoring it trends om in 2016 te volgen
 
Quality Nearshoring met Tricode
Quality Nearshoring met TricodeQuality Nearshoring met Tricode
Quality Nearshoring met Tricode
 
Czy mikroformaty Google zwiększają ruch i sprzedaż w sklepach online? e-comme...
Czy mikroformaty Google zwiększają ruch i sprzedaż w sklepach online? e-comme...Czy mikroformaty Google zwiększają ruch i sprzedaż w sklepach online? e-comme...
Czy mikroformaty Google zwiększają ruch i sprzedaż w sklepach online? e-comme...
 
Preguntas para construir vida
Preguntas para construir vidaPreguntas para construir vida
Preguntas para construir vida
 
Silent Observer: An Innovation by Sukrut Systems
Silent Observer: An Innovation by Sukrut SystemsSilent Observer: An Innovation by Sukrut Systems
Silent Observer: An Innovation by Sukrut Systems
 
Cap d'any WeirdWorld
Cap d'any WeirdWorldCap d'any WeirdWorld
Cap d'any WeirdWorld
 
Managing Raw Material Variability Over the Life-cycle of a Molecule
Managing Raw Material Variability Over the Life-cycle of a MoleculeManaging Raw Material Variability Over the Life-cycle of a Molecule
Managing Raw Material Variability Over the Life-cycle of a Molecule
 
Traffic and the Urban Environment: A Health Challenge?
Traffic and the Urban Environment: A Health Challenge?Traffic and the Urban Environment: A Health Challenge?
Traffic and the Urban Environment: A Health Challenge?
 
AN M.ENG PRESENTATION ON ROAD NETWORK
AN M.ENG PRESENTATION ON ROAD NETWORKAN M.ENG PRESENTATION ON ROAD NETWORK
AN M.ENG PRESENTATION ON ROAD NETWORK
 
pengantar motor listrik
pengantar motor listrikpengantar motor listrik
pengantar motor listrik
 
Water for Pharmaceutical Purposes - New USP Requriements
Water for Pharmaceutical Purposes - New USP  RequriementsWater for Pharmaceutical Purposes - New USP  Requriements
Water for Pharmaceutical Purposes - New USP Requriements
 

Similar to Nearshoring in the Land of Roses

BASSCOM Presentation_2014_f
BASSCOM Presentation_2014_fBASSCOM Presentation_2014_f
BASSCOM Presentation_2014_f
Filip Mutafis
 
[Challenge:Future] Better possibilities
[Challenge:Future] Better possibilities [Challenge:Future] Better possibilities
[Challenge:Future] Better possibilities
Challenge:Future
 
Outsourcing in Eastern Europe - 20 Outsourcing Experts Roundup
Outsourcing in Eastern Europe - 20 Outsourcing Experts RoundupOutsourcing in Eastern Europe - 20 Outsourcing Experts Roundup
Outsourcing in Eastern Europe - 20 Outsourcing Experts Roundup
kosbit
 
Software Outsourcing to Serbia, Europe. IT trends 2013/2014
Software Outsourcing to Serbia, Europe. IT trends 2013/2014Software Outsourcing to Serbia, Europe. IT trends 2013/2014
Software Outsourcing to Serbia, Europe. IT trends 2013/2014
Jelena Bogdanic
 

Similar to Nearshoring in the Land of Roses (20)

Brazil's Role in Emerging Global Open Source Initiatives
Brazil's Role in Emerging Global Open Source InitiativesBrazil's Role in Emerging Global Open Source Initiatives
Brazil's Role in Emerging Global Open Source Initiatives
 
Outsourcing Guide to Belarus" (2013)
Outsourcing Guide to Belarus" (2013)Outsourcing Guide to Belarus" (2013)
Outsourcing Guide to Belarus" (2013)
 
"Outsourcing Guide to Belarus" (2014)
"Outsourcing Guide to Belarus" (2014)"Outsourcing Guide to Belarus" (2014)
"Outsourcing Guide to Belarus" (2014)
 
'Outsourcing Guide to Belarus'
'Outsourcing Guide to Belarus''Outsourcing Guide to Belarus'
'Outsourcing Guide to Belarus'
 
10 Things You Should Know About IT In Bulgaria
10 Things You Should Know About IT In Bulgaria10 Things You Should Know About IT In Bulgaria
10 Things You Should Know About IT In Bulgaria
 
BASSCOM Presentation_2014_f
BASSCOM Presentation_2014_fBASSCOM Presentation_2014_f
BASSCOM Presentation_2014_f
 
top 15 professions to work in poland.pptx
top 15 professions to work in poland.pptxtop 15 professions to work in poland.pptx
top 15 professions to work in poland.pptx
 
Erasmus Review
Erasmus ReviewErasmus Review
Erasmus Review
 
[Challenge:Future] Better possibilities
[Challenge:Future] Better possibilities [Challenge:Future] Better possibilities
[Challenge:Future] Better possibilities
 
The Arab Education-Quake
The Arab Education-QuakeThe Arab Education-Quake
The Arab Education-Quake
 
Presentation IAOP
Presentation IAOPPresentation IAOP
Presentation IAOP
 
Why outsourcing to Bulgaria. Technology facts
Why outsourcing to Bulgaria. Technology factsWhy outsourcing to Bulgaria. Technology facts
Why outsourcing to Bulgaria. Technology facts
 
2024_How to find a Job in Germany _ PART 2
2024_How to find a Job in Germany _  PART 22024_How to find a Job in Germany _  PART 2
2024_How to find a Job in Germany _ PART 2
 
Outsourcing in Eastern Europe - 20 Outsourcing Experts Roundup
Outsourcing in Eastern Europe - 20 Outsourcing Experts RoundupOutsourcing in Eastern Europe - 20 Outsourcing Experts Roundup
Outsourcing in Eastern Europe - 20 Outsourcing Experts Roundup
 
Ivanda presentation Serbia.pptx
Ivanda presentation Serbia.pptxIvanda presentation Serbia.pptx
Ivanda presentation Serbia.pptx
 
Investing in Central & Eastern Europe
Investing in Central & Eastern EuropeInvesting in Central & Eastern Europe
Investing in Central & Eastern Europe
 
Software Outsourcing to Serbia, Europe. IT trends 2013/2014
Software Outsourcing to Serbia, Europe. IT trends 2013/2014Software Outsourcing to Serbia, Europe. IT trends 2013/2014
Software Outsourcing to Serbia, Europe. IT trends 2013/2014
 
Xceed white paper November 2019
Xceed white paper November 2019Xceed white paper November 2019
Xceed white paper November 2019
 
The Labour Market and Digital Jobs in Africa
The Labour Market and Digital Jobs in AfricaThe Labour Market and Digital Jobs in Africa
The Labour Market and Digital Jobs in Africa
 
Serbia Shared Services 2012
Serbia Shared Services 2012Serbia Shared Services 2012
Serbia Shared Services 2012
 

Recently uploaded

Modular Monolith - a Practical Alternative to Microservices @ Devoxx UK 2024
Modular Monolith - a Practical Alternative to Microservices @ Devoxx UK 2024Modular Monolith - a Practical Alternative to Microservices @ Devoxx UK 2024
Modular Monolith - a Practical Alternative to Microservices @ Devoxx UK 2024
Victor Rentea
 
Finding Java's Hidden Performance Traps @ DevoxxUK 2024
Finding Java's Hidden Performance Traps @ DevoxxUK 2024Finding Java's Hidden Performance Traps @ DevoxxUK 2024
Finding Java's Hidden Performance Traps @ DevoxxUK 2024
Victor Rentea
 

Recently uploaded (20)

Modular Monolith - a Practical Alternative to Microservices @ Devoxx UK 2024
Modular Monolith - a Practical Alternative to Microservices @ Devoxx UK 2024Modular Monolith - a Practical Alternative to Microservices @ Devoxx UK 2024
Modular Monolith - a Practical Alternative to Microservices @ Devoxx UK 2024
 
Emergent Methods: Multi-lingual narrative tracking in the news - real-time ex...
Emergent Methods: Multi-lingual narrative tracking in the news - real-time ex...Emergent Methods: Multi-lingual narrative tracking in the news - real-time ex...
Emergent Methods: Multi-lingual narrative tracking in the news - real-time ex...
 
Apidays New York 2024 - Accelerating FinTech Innovation by Vasa Krishnan, Fin...
Apidays New York 2024 - Accelerating FinTech Innovation by Vasa Krishnan, Fin...Apidays New York 2024 - Accelerating FinTech Innovation by Vasa Krishnan, Fin...
Apidays New York 2024 - Accelerating FinTech Innovation by Vasa Krishnan, Fin...
 
FWD Group - Insurer Innovation Award 2024
FWD Group - Insurer Innovation Award 2024FWD Group - Insurer Innovation Award 2024
FWD Group - Insurer Innovation Award 2024
 
Manulife - Insurer Transformation Award 2024
Manulife - Insurer Transformation Award 2024Manulife - Insurer Transformation Award 2024
Manulife - Insurer Transformation Award 2024
 
[BuildWithAI] Introduction to Gemini.pdf
[BuildWithAI] Introduction to Gemini.pdf[BuildWithAI] Introduction to Gemini.pdf
[BuildWithAI] Introduction to Gemini.pdf
 
Cyberprint. Dark Pink Apt Group [EN].pdf
Cyberprint. Dark Pink Apt Group [EN].pdfCyberprint. Dark Pink Apt Group [EN].pdf
Cyberprint. Dark Pink Apt Group [EN].pdf
 
presentation ICT roal in 21st century education
presentation ICT roal in 21st century educationpresentation ICT roal in 21st century education
presentation ICT roal in 21st century education
 
Apidays New York 2024 - The value of a flexible API Management solution for O...
Apidays New York 2024 - The value of a flexible API Management solution for O...Apidays New York 2024 - The value of a flexible API Management solution for O...
Apidays New York 2024 - The value of a flexible API Management solution for O...
 
Connector Corner: Accelerate revenue generation using UiPath API-centric busi...
Connector Corner: Accelerate revenue generation using UiPath API-centric busi...Connector Corner: Accelerate revenue generation using UiPath API-centric busi...
Connector Corner: Accelerate revenue generation using UiPath API-centric busi...
 
DEV meet-up UiPath Document Understanding May 7 2024 Amsterdam
DEV meet-up UiPath Document Understanding May 7 2024 AmsterdamDEV meet-up UiPath Document Understanding May 7 2024 Amsterdam
DEV meet-up UiPath Document Understanding May 7 2024 Amsterdam
 
How to Troubleshoot Apps for the Modern Connected Worker
How to Troubleshoot Apps for the Modern Connected WorkerHow to Troubleshoot Apps for the Modern Connected Worker
How to Troubleshoot Apps for the Modern Connected Worker
 
AXA XL - Insurer Innovation Award Americas 2024
AXA XL - Insurer Innovation Award Americas 2024AXA XL - Insurer Innovation Award Americas 2024
AXA XL - Insurer Innovation Award Americas 2024
 
EMPOWERMENT TECHNOLOGY GRADE 11 QUARTER 2 REVIEWER
EMPOWERMENT TECHNOLOGY GRADE 11 QUARTER 2 REVIEWEREMPOWERMENT TECHNOLOGY GRADE 11 QUARTER 2 REVIEWER
EMPOWERMENT TECHNOLOGY GRADE 11 QUARTER 2 REVIEWER
 
Artificial Intelligence Chap.5 : Uncertainty
Artificial Intelligence Chap.5 : UncertaintyArtificial Intelligence Chap.5 : Uncertainty
Artificial Intelligence Chap.5 : Uncertainty
 
Repurposing LNG terminals for Hydrogen Ammonia: Feasibility and Cost Saving
Repurposing LNG terminals for Hydrogen Ammonia: Feasibility and Cost SavingRepurposing LNG terminals for Hydrogen Ammonia: Feasibility and Cost Saving
Repurposing LNG terminals for Hydrogen Ammonia: Feasibility and Cost Saving
 
Ransomware_Q4_2023. The report. [EN].pdf
Ransomware_Q4_2023. The report. [EN].pdfRansomware_Q4_2023. The report. [EN].pdf
Ransomware_Q4_2023. The report. [EN].pdf
 
Apidays New York 2024 - Passkeys: Developing APIs to enable passwordless auth...
Apidays New York 2024 - Passkeys: Developing APIs to enable passwordless auth...Apidays New York 2024 - Passkeys: Developing APIs to enable passwordless auth...
Apidays New York 2024 - Passkeys: Developing APIs to enable passwordless auth...
 
Finding Java's Hidden Performance Traps @ DevoxxUK 2024
Finding Java's Hidden Performance Traps @ DevoxxUK 2024Finding Java's Hidden Performance Traps @ DevoxxUK 2024
Finding Java's Hidden Performance Traps @ DevoxxUK 2024
 
TrustArc Webinar - Unlock the Power of AI-Driven Data Discovery
TrustArc Webinar - Unlock the Power of AI-Driven Data DiscoveryTrustArc Webinar - Unlock the Power of AI-Driven Data Discovery
TrustArc Webinar - Unlock the Power of AI-Driven Data Discovery
 

Nearshoring in the Land of Roses

  • 1. Nearshore Outsourcing. Close to Home. BULGARIA: the wise alternative It’s about People!
  • 2. some THOUGHTS, FACTS & REFLECTIONS It’s about People!
  • 3. Nearshoring is about outsourcing work in neighboring states. It is simply the new offshoring alternative. It’s about People!
  • 4. Why is it? It’s about People!
  • 5.
  • 6. It however doesn’t bring the risks associated with the offshoring: communication gaps, workload delays, time-zones complications.It’s about People!
  • 7. Nearshoring is about smoothly outsourced ICT processes due to geographical, cultural and even linguistic proximities. It’s about People!
  • 8. Today more and more European companies outsource their ICT activities to near-by countries. It’s about People!
  • 9. BULGARIA is one of them. It’s about People!
  • 10. some FACTS It’s about People!
  • 11. Bulgaria Moves into Top 30 Offshore Locations for the period 2010-2011 “Gartner”, December 2010 It’s about People!
  • 12. 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!
  • 13. 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!
  • 14. 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!
  • 15. In 2009, Bulgaria was rated as the “new offshoring star in Europe” by AT Kearney, a global management consulting firm. It’s about People!
  • 16. 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!
  • 17. Bulgaria holds ground in office outsourcing Global business consultant “AT Kearney”, May 2009 It’s about People!
  • 18. OUTSOURCING by sector source: “Colliers International” It’s about People!
  • 19. Some major international companies having established their own teams in Bulgaria It’s about People!
  • 20. some GOOD REASONS It’s about People!
  • 21.
  • 22. 8th place in the world for certified IT professionals according the Brainbench Global IT IQ report
  • 23. In 2009/2010, 9000 students graduated in ICT and Engineering related programs
  • 24. 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!
  • 25. Number of students enrolled University Engineering programs in 2009/2010 sources: “Invest Bulgaria Agency” ; Ministry of Education It’s about People!
  • 27. Multilingual Nation Usage of foreign languages for the period 2009 - 2010 sources: “Invest Bulgaria Agency” ; Ministry of Education It’s about People!
  • 28. 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!
  • 29.
  • 30. 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!
  • 31. www.nonillion.bg Rudi Van den Bossche Managing Director rudi@nonillion.bg +359 02 8629008 +324 77697968 Nonillion – Sofia Office 92/94 „Tsar Asen” Str. 1000 Sofia, Bulgaria +359 02 8629008 Ivan Arnaudov Sales Director ivan.arnaudov@nonillion.bg +359 02 8629008 +359 878602956 Nonillion – Rousse Office 44B „Borisova” Str. 7012 Rousse, Bulgaria +359 082 822315 Nataliya Dimitrova Marketing Manager nataliya.dimitrova@nonillion.bg +359 082 822315 +359 878 602941 It’s about People!