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WHY OUTSOURCING IN BULGARIA

BULGARIA EXCEPTIONAL TECHNOLOGY FACTS




                                   1
Bulgaria offers
   the benefit of set in
                               ease of doing business
     place legislation



                               ease of movement through the EU
     stable economy


                                   low country risk


solid political environment
                              established labour laws and taxation
                                                             2
Where is Bulgaria?




               • Europe
          • Strategic location
                                 3
Country Facts
            NATO membership
                                                                 Religion: 83% Orthodox Christian
             EU membership
                                                               Government: Parliamentary democracy



      Area: 42,822 square miles
   Population (July 2011): 7,093,635                             Currency: BGN pegged to EUR at 1.95583:1
                                                                   One of the EU's most favourable taxes



               Native language: Bulgarian                                       Europe's most competitive salary
      Foreign languages: English, German, French,                               Levels Highly skilled, multilingual
                    Spanish, Russian                                                       work force


Sources: UNESCO, Sourcing Line, Outsourcing monitor, Wikipedia, Mensa International                    4
Why outsource to Bulgaria
There are highly trained and talented professional software
developers and IT engineers in Bulgaria. English is widely spoken
among professionals. In fact most professional people speak not
only English but also another Western European language.


          Bulgaria happens to be in a close time zone too, so clients can
          communicate with their dedicated teams throughout the
          working day. Communication is smooth and easy, there are no
          time zone issues.



                    Bulgaria has an unusually well-developed educational system
                    specializing in electronics, engineering, and computer sciences.


                                                                                       5
Sources: UNESCO, Sourcing Line, Outsourcing monitor, Wikipedia, Mensa International
Tech and Science Education

                                                                             At any one time, there
                                                                              are more than 5,000
                                                                               Bulgarian students
                                                                             majoring in computer
                                                                                    science.


                                   There are 47
                                   universities in
                                     Bulgaria.




Sources: UNESCO, Sourcing Line, Outsourcing monitor, Wikipedia, Mensa International                   6
Tech and Science Rankings
                                                 Bulgaria ranks
                                                first in Europe
                                    in IT-certified specialists per capita
                                                       and
                                   8th in the world in total ICT specialists



         Bulgaria ranks                                 Bulgaria’s                    Bulgaria ranks
             second                                higher education                       second
         in the world in                         institutions rank fifth              in the world in
             IQ tests                            amongst all countries                  SAT scores
                                                       in sciences

                                                                                              7
Sources: UNESCO, Sourcing Line, Outsourcing monitor, Wikipedia, Mensa International
Tech and Science Achievements


         Bulgaria became one of the first European countries to develop serial
         production of personal computers (Pravetz Series 8) in the beginning
         of the 1980s.



         In 2009 Bulgaria became the first country in Central and Eastern Europe
         (excluding Russia) to develop a national nanotechnology R&D centre.




Sources: UNESCO, Sourcing Line, Outsourcing monitor, Wikipedia, Mensa International   8
Tech and Science Achievements

             Bulgaria also has a full scale humanoid robot project named Kibertron.
             This humanoid robot is among the most advanced in the world,
             containing 82 DOF. In 2004, Kibertron team was awarded with the
             “European Award for Innovations” during INNOVACT 2004.



             The first digital computer was invented by John Vincent Atanasoff, who,
             through his father, was a half Bulgarian (his mother being American).




Sources: UNESCO, Sourcing Line, Outsourcing monitor, Wikipedia, Mensa International   9
Tech and Science Achievements
        Another Bulgarian-American inventor and scientist, Peter Petroff, became
        best known for his work in NASA . Petroff also invented the first digital
        watch (1970).

        At the Tokyo International Mathematics Olympiad in 2003 Bulgaria
        finished in first place from a total of 82 participating countries.



        Bulgaria also became one of only four countries in the history of the
        International Mathematics Olympiad to win that competition by having
        all six of its team members finish with gold medals.



                                                                                      10
Sources: UNESCO, Sourcing Line, Outsourcing monitor, Wikipedia, Mensa International
Tech and Science Achievements

        As of 2007 CERN employed more than 90 Bulgarian scientists, and
        about 30 of them will actively participate in the Large Hadron
        Collider experiments.



        Bulgaria has the most powerful supercomputer in Eastern Europe
        (one of the top 100 in the world as of 2009), an IBM Blue Gene/P,
        entered service in September 2008 at the State Agency of
        Information Technology.



                                                                                      11
Sources: UNESCO, Sourcing Line, Outsourcing monitor, Wikipedia, Mensa International
IT Outsourcing reasons

                                                       The combination of
    Bulgaria has some of
                                                       good education, the
       the most skilled
                                                      big pool of world class
   software developers in
                                                      software developers,
   the world and they can
                                                       all speaking English
   provide high quality of
                                                      makes Bulgaria a very
       service at a very
                                                      attractive destination
      competitive price
                                                        for IT outsourcing
                              Many big companies
                              such as HP and SAP
                             outsource to Bulgaria,
                             which has set a trend
                                not just for big
                              companies, but for
                              many medium and
                             small size enterprises
                               from the UK and
                                     Europe
                                                                           12
Flat Rock Outsourcing




        • Flat Rock Technology
      • Headquarters: London, UK
     • R&D Centre: Varna, Bulgaria   13
Flat Rock Outsourcing Services

    Software              Open source
    development           development


    ASP.NET               Web UI & Design


    Mobile applications
                          Content writing
    development
                                      14
Contact Us




             15

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Why outsourcing to Bulgaria. Technology facts

  • 1. WHY OUTSOURCING IN BULGARIA BULGARIA EXCEPTIONAL TECHNOLOGY FACTS 1
  • 2. Bulgaria offers the benefit of set in ease of doing business place legislation ease of movement through the EU stable economy low country risk solid political environment established labour laws and taxation 2
  • 3. Where is Bulgaria? • Europe • Strategic location 3
  • 4. Country Facts NATO membership Religion: 83% Orthodox Christian EU membership Government: Parliamentary democracy Area: 42,822 square miles Population (July 2011): 7,093,635 Currency: BGN pegged to EUR at 1.95583:1 One of the EU's most favourable taxes Native language: Bulgarian Europe's most competitive salary Foreign languages: English, German, French, Levels Highly skilled, multilingual Spanish, Russian work force Sources: UNESCO, Sourcing Line, Outsourcing monitor, Wikipedia, Mensa International 4
  • 5. Why outsource to Bulgaria There are highly trained and talented professional software developers and IT engineers in Bulgaria. English is widely spoken among professionals. In fact most professional people speak not only English but also another Western European language. Bulgaria happens to be in a close time zone too, so clients can communicate with their dedicated teams throughout the working day. Communication is smooth and easy, there are no time zone issues. Bulgaria has an unusually well-developed educational system specializing in electronics, engineering, and computer sciences. 5 Sources: UNESCO, Sourcing Line, Outsourcing monitor, Wikipedia, Mensa International
  • 6. Tech and Science Education At any one time, there are more than 5,000 Bulgarian students majoring in computer science. There are 47 universities in Bulgaria. Sources: UNESCO, Sourcing Line, Outsourcing monitor, Wikipedia, Mensa International 6
  • 7. Tech and Science Rankings Bulgaria ranks first in Europe in IT-certified specialists per capita and 8th in the world in total ICT specialists Bulgaria ranks Bulgaria’s Bulgaria ranks second higher education second in the world in institutions rank fifth in the world in IQ tests amongst all countries SAT scores in sciences 7 Sources: UNESCO, Sourcing Line, Outsourcing monitor, Wikipedia, Mensa International
  • 8. Tech and Science Achievements Bulgaria became one of the first European countries to develop serial production of personal computers (Pravetz Series 8) in the beginning of the 1980s. In 2009 Bulgaria became the first country in Central and Eastern Europe (excluding Russia) to develop a national nanotechnology R&D centre. Sources: UNESCO, Sourcing Line, Outsourcing monitor, Wikipedia, Mensa International 8
  • 9. Tech and Science Achievements Bulgaria also has a full scale humanoid robot project named Kibertron. This humanoid robot is among the most advanced in the world, containing 82 DOF. In 2004, Kibertron team was awarded with the “European Award for Innovations” during INNOVACT 2004. The first digital computer was invented by John Vincent Atanasoff, who, through his father, was a half Bulgarian (his mother being American). Sources: UNESCO, Sourcing Line, Outsourcing monitor, Wikipedia, Mensa International 9
  • 10. Tech and Science Achievements Another Bulgarian-American inventor and scientist, Peter Petroff, became best known for his work in NASA . Petroff also invented the first digital watch (1970). At the Tokyo International Mathematics Olympiad in 2003 Bulgaria finished in first place from a total of 82 participating countries. Bulgaria also became one of only four countries in the history of the International Mathematics Olympiad to win that competition by having all six of its team members finish with gold medals. 10 Sources: UNESCO, Sourcing Line, Outsourcing monitor, Wikipedia, Mensa International
  • 11. Tech and Science Achievements As of 2007 CERN employed more than 90 Bulgarian scientists, and about 30 of them will actively participate in the Large Hadron Collider experiments. Bulgaria has the most powerful supercomputer in Eastern Europe (one of the top 100 in the world as of 2009), an IBM Blue Gene/P, entered service in September 2008 at the State Agency of Information Technology. 11 Sources: UNESCO, Sourcing Line, Outsourcing monitor, Wikipedia, Mensa International
  • 12. IT Outsourcing reasons The combination of Bulgaria has some of good education, the the most skilled big pool of world class software developers in software developers, the world and they can all speaking English provide high quality of makes Bulgaria a very service at a very attractive destination competitive price for IT outsourcing Many big companies such as HP and SAP outsource to Bulgaria, which has set a trend not just for big companies, but for many medium and small size enterprises from the UK and Europe 12
  • 13. Flat Rock Outsourcing • Flat Rock Technology • Headquarters: London, UK • R&D Centre: Varna, Bulgaria 13
  • 14. Flat Rock Outsourcing Services Software Open source development development ASP.NET Web UI & Design Mobile applications Content writing development 14