This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
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.
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.
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.
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
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.
We organize all of the trending information in your field so you don't have to. Join 19,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content