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What is nearshoring?
Nearshoring refers to the outsourcing of business processes, mainly related to information technology, in a nearby country, often sharing a border with the concerned country. The rationale behind the process is to attain benefits triggered by lowering costs, increasing efficiency, accessing a larger talent pool, while also having the proximity advantage such as similar time zone, culture, language capabilities.
What is outsourcing?
Outsourcing or “contracting out” is a practice used by companies in order to reduce costs as well as improve efficiency by transferring tasks, operations, processes or jobs to an external contractor for an extended period of time. The transferred processes may be performed by the external contractor either onsite or offsite.
What is offshoring?
Offshoring implies relocating one or more business processes from a country to another one. Commonly these may be operational processes, such as for instance manufacturing as well as supporting processes such as accounting, controlling, call centers etc.
Should I go for offshoring or nearshoring?
It really depends on your business specific, goals, processes as well as risk management strategy.
Offshoring involves relocating your company’s processes to a significantly distant location. The undeniable advantage of this is reducing costs as overall salaries in such locations are lower. The downsides reside in time zone gap, long travelling distance, cultural difference and language barrier that according to the process’ specificity may have a high impact on the effectiveness thus obliviating the initial advantage.
Nearshoring involves transferring processes within nearby countries that are more cost effective, as well as offer the advantage of similar time zone, comparable culture, shorter and less expensive travelling. Moreover, such a strategy allows a higher degree of control and timely decision-making in critical situations.
Romania is one of the most popular nearshoring locations for Western European countries for a variety of reasons:
Its proximity to western countries make it very accessible – two to four hours’ flight from London, Stockholm, Helsinki, Oslo, Amsterdam, Berlin, Paris.
Remarkable highly skilled IT professionals pool – Romania has many technical universities and historically its educational system has been focused on engineering and exact sciences.
Language skills – Romania is renowned for its talented people when it comes to foreign languages and most people speak English as a second language therefore communication flaws are nonexistent.
Cultural similarity – as part of the EU Romania shares its values and its culture is similar to Western European ones. Romanians have an entrepreneurial spirit which means that collaboration will be taken to the next level – they will come up with ideas, ways and means to make them happen.
Cost and quality effectiveness – from a quality point of view Romania’s IT services are at the same level as the ones in Western Europe but due to lower living costs prices are way more competitive.
Cluj has over 100.000 students and its universities are internationally renowned and featured in the QS World University Rankings® 2016-2017.
Due to its high number of IT operations and professionals, Cluj is known as the Silicon Valley of Europe.
Due to its attributes such as wide talent pool, multiculturalism, entrepreneurial spirit, infrastructure, western-like spirit, the city attracts yearly significant foreign investments.
How fast can you staff?
Depending on your project requirements it may take between 4-8 weeks to have your team up and running.
Why partner with us?
We can think of a multitude of reasons for that, but we’ll just list a few:
Our over 20 years’ experience in the IT industry
We have a track record of successfully delivered complex projects
We have a great team always willing to give 110%
We will always be transparent and upfront
We know every project is unique and needs to be approached accordingly
Projects are not clients’ projects, they are our projects
We speak your language…along with fluent Java, .NET, PHP, SAP…and others, plus we are always keen to learn new ‘languages’
We understand it’s not just about the business, it’s about the people who create and nurture it
Because we not only work hard, we work smart
We only deliver quality – there’s no other acceptable option
Because we are extremely competitive when it comes to pricing
We’d love to hear why you think you should partner with us so… email@example.com
The IT industry in Romania is quite mature. A huge number of global tech companies already have nearshoring or R&D centres in Eastern Europe, including IBM, Google, Samsung Electronics, Adobe, Oracle, Microsoft, and Accenture.
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