Earlier this year we wrote a blog about Cluj-Napoca being the top IT outsourcing destination in Romania and the reasons we believe this is true. And we received quite positive feedback afterwards, which led us into thinking that a follow up blog would be appreciated by our readers.
According to Economica.net, Romania is the 4th largest outsourcing market in the world, and when it comes to IT outsourcing, Romania is indeed one of the most attractive destinations in Eastern Europe. The reason is that is has over 95,000 IT professionals and a 15% annual growth rate. A CGS report has showed that the extent of foreign investments in Romania will increase by 20% over the next two years.
Eastern Europe has come to be one of the best places for software development outsourcing. One of the main reasons for it is the well-prepared developers here due to the great quality higher education systems in Eastern Europe, particularly in science, technology and engineering mathematics.