article thumbnail

What are the biggest challenges for the Fintech Industry?

Redial

Billion by the year 2028, following a Compound Annual Growth Rate (CAGR) of 19.8% Something achievable by specialized nearshore services providers. Understood as a combination of the terms “financial” and “technology,” refers to businesses that use technology to enhance or automate financial services and processes. Data security.

article thumbnail

A Complete Guide to Outsource Software Development Successfully for Your Projects

Groove Technology

Additionally, consider the geographical aspect of outsourcing: Onshore: Outsourcing within your country Nearshore: Outsourcing to a nearby country Offshore: Outsourcing to a distant country Hybrid: Outsourcing to combine more types of outsourcing A Deloitte study found that 59% of businesses use outsourcing to reduce costs.

Software 130
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

7 best software development countries to hire top talent

The Scalers

Romania has become a popular location for hiring engineering talent, especially for European companies looking for nearshore solutions. Thus, the country has become a popular nearshore destination for US companies seeking engineers with experience in FinTech. billion , with a CAGR of 8.81% from 2023 to 2028.

article thumbnail

Cyber-Physical Systems (CPS) & what they have to do with IoT

Vilmate

According to research , by 2028, the CPS market capitalization is expected to reach $137,556 million. The post Cyber-Physical Systems (CPS) & what they have to do with IoT appeared first on Nearshore Software Development Company in Ukraine - VILMATE. For comparison, in 2022, the market capitalization was $86,979.6

article thumbnail

Top 7 Software Development Outsourcing Companies in Romania

Groove Technology

Finding a reliable offshore or nearshore software development outsourcing Romania can be a significant challenge for businesses. billion by 2028. billion by 2028, reflects the industry's robust growth potential. Concerns about quality assurance, hidden costs, and language barriers often complicate the decision-making process.

Software 100