Why Outsource to Poland?
Software development outsourcing is a popular and efficient business practice. Why do companies choose outsourcing over in-house software developers? Usually, there are three main reasons: lack of time, lack of skills, or lack of money to maintain their own in-house team. Outsourcing can solve all three headaches. In fact, it provides easy access to talented developers and allows hiring skilled specialists at reasonable costs. The key thing here is to find the right partner.
As more and more companies start outsourcing their software development, Poland is becoming an attractive destination. According to Statista, The IT outsourcing market is expected to amount to approximately 2,311.7 million U.S. Dollars by 2021. Let’s find out why there’s so much buzz about IT outsourcing to Poland.
Benefits of Outsourcing Software Development to Poland
1. Stable Economy
Poland’s GDP has been increasing since 2016 and is expected to reach approximately $1,313.57 billion by 2021. It’s been showing growth year-over-year between 1992 and 2019. What is more, Poland had the biggest GDP per capita growth in the OECD and in Europe. Between 1990 and 2015, Poland’s GDP increased 7.3 times!
Besides that, Poland was ranked 15th in Tholons Services Globalization Index 2020. On top of that, Poland ranked first in the AHK survey of top investment locations in the CEE region and today is considered as one of the most attractive spots for nearshore outsourcing in Europe.
2. Dynamically Growing IT Market
At a steady rate of 10 percent a year the Polish IT market is rising. It has undergone substantial changes in recent years, and more and more Polish IT businesses are expanding internationally. Currently, the IT market accounts for 3.3% of Polish GDP and is projected to reach 3.5% in 2021.
The rapid growth of enterprise-level cloud computing services is another major trend. Those include both the software and infrastructure. IoT, cybersecurity, and all of their sub-sectors are two more areas of growth.
3. US and EU Standards in IP Protection and Data Security
Poland has a transparent legal system. The country abides by the same data protection legislation as the Western European countries and takes IT protection and data security very seriously. As a member of the European Union, it follows the General Data Protection Regulation that is considered a cornerstone in the fight for better privacy and data protection of individuals.
And, thanks to strong ties with the United States, Polish software development companies are also familiar with the common requirements of their American colleagues, particularly when it comes to intellectual property rights, copyright laws, and data security.
4. Part of the European Union
If your business is located in one of the EU member states, it minimizes the paperwork needed to establish the partnership. Many of the trade barriers are eliminated, and the EU countries work hard to make business partnerships between companies based in different EU states more effective. Due to reduced bureaucracy, companies can concentrate on what is really important: growing their business, increasing productivity, and reducing costs.
5. Cultural and Work Ethics Similarity
Poland is a democratic country, and if your business is based in Europe or the US, you won’t feel any cultural differences. Polish people work and manage their companies in a similar way to what you can experience in other countries like Germany, UK, France, and the USA. Naturally, there exists a small gap between the Polish and Western mindsets, but every nation is unique in some way. That being said, Polish people are more similar to Western counterparts and business partners than developers from Asia and Africa.
6. Acceptable Time Difference
Offshore software development is always a challenge. When working with a foreign software development company, you need to make sure that you don’t have communication issues related to a huge time zone difference.
The time zone difference between Central European countries and the US varies from 6 to 9 hours so outsourcing to Poland will feel like working with a local partner who you can easily reach in just a few hours traveling. This allows you to have more control over the implementation of your project. Anyway, with the right approach, the different time zone really isn’t that big of a problem.
7. Best Value for Money
Any company would want the