At Elaxtra Advisors, we monitor four primary regions that serve as delivery hubs for technology and software development services: North America, Latin America, Central and Eastern Europe, and Asia, with India being the predominant contributor in the region.
As companies pursue scalable and cost-efficient delivery models, Central and Eastern Europe has emerged as a leading region for software development, driven by a strong talent pool, competitive compensation, and proximity to major European markets.
Central and Eastern Europe comprises approximately 12 to 18 countries, depending on the source. Its proximity to Western Europe and comparatively lower labor costs make the region an attractive destination for software development and technology services outsourcing for clients in both Europe and the eastern United States.
The data presented in the tables are largely self-explanatory and were compiled from multiple sources. FDI Net inflows represent foreign direct investment into a country as a percentage of GDP, while the English proficiency ranking compares each country against 123 nations globally.
Values may vary depending on the source, and while individual figures may not be exact, they provide a directionally accurate representation of the region’s country and talent landscape.
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