The United Kingdom can benefit from the choosing Romania as their nearshore location for the Information Technology projects, this is explains by John Cotterell, the chief Executive at the Endava. The current economic climate was forcing the world-leading organization to re-evaluate both of their loval and the overseas Information Technology Outsourcing options. This is to improve the efficiency and the costs. By moving some of the Information Technology that spend away from the offshore regions, like the India and the utilize the other talent pools in the new, nearshore locations, the organization was looking to the balance in their location risk. The nearshore option was becoming more attractive for the Information Technology projects, this was due to the time zone, the cultural empathy and the proximity and also the quality of the work.
In the nearshore option, the decision should be based not only on the price when considering any of the offshore location criteria, but on the quality of the labor pool and the level of the cultural empathy with the United Kingdom. The new location of the nearshore of the Central and the Eastern Europe have emerged that were closer and more accessible to the United Kingdom. In the United Kingdom firms to outsource the business process outsourcing or the BPO , the engineering projects and the Information Technology, the nearshore regions was becoming an increasingly attractive alternative. In the IT outsourcing arena, the Romania has made the huge leap in the following EU entrance at the beginning of the 2007 and it was now the highly attractive destination.
According to the A.T. Kearney’s 2009 Global Services Location Index, the country was a new offshore star in the Europe.l The ranking of the 19th and having the highest climb compared to all the other countries in the analysis, wherein the other countries in the region was having a decline in the ranking. By the KPMG in the top 31 emerging locations worldwide IT-BPO outsourcing, the Romania’s well-established the Information Technology centers that have been the shortlisted.
The common advantage of the nearshore destination such as the similar time zone, the lower overhead related to project set-up, the cultural affinity. In this, the long term reduce the overall risk of the project. It has seen that the Romania has a unique location. With the 2-3 hours of flight from the London, it was easy to reach the member of the EU and it has the 5 major Information Technology clusters to choose from the Cluj, Bucharest, Lasi and also Brasov.
In the IT talent, the Romania’s key strength remains the availability of the skilled Information Technology services labors competitive costs. In recognizing for the technical excellence, the IT professionals in the Romania was recognized for their technical excellence for their string engineering background, in which from the long established tradition in the technical higher education was come. The technology cluster has the top -tier technical universities was about the 8000 graduates was added to the IT labor pool each year . The pool was about 134,000 people for the various technology oriented jobs. The outsourcing is the act of many companies in providing services to the others.
The outsourcing has a big impact in the economy. The outsourcing industries still excels because of the people that is efficiency in speaking especially English. One of the best strategy and technique is the outsourcing, it helps to find solution in any problems. Our company believes that the outsourcing is the one of the fastest growing industries in the world. It supply and regulates an articulation of business process and functions.
Reference:
http://itonews.eu/it-services-move-nearshore-to-romania/
http://www.sourcingfocus.com/site/opinionsitem/3952/
