IT outsourcing to Armenia: Market Insights & How to Choose the Right Team for You
If you are thinking about how to outsource application development in this overcrowded market, Armenia should be among the first on the list. Why? Consider these simple statistics. Powerful tech companies like Intel, Mic Intel, Microsoft, Google, IBM, Synopsys, and Cisco — all have a physical presence here. Forecasts say there will be 30,000 software engineers in Armenia by 2025. If this data gives a reason to consider IT outsourcing to Armenia, go on reading this article. We will talk about market insights and how to choose the right team for you.
Why Should You Consider IT Outsourcing to Armenia?
Armenia is investing heavily in training young software developers. Many of these professionals have received education abroad. Quality plus lower cost makes the IT sector attractive for many companies.
Let’s dive deeper into why you should choose Armenia to outsource.
Education
Engineering and mathematics have always been on top in Armenia. This is due to a firm emphasis on technological education that is promoted both by the government and the educational establishments. In Armenia, about 2000 students specialize in IT annually. Technological education starts earlier in secondary schools where schoolchildren learn robotics.
The growing importance of IT is recognized by the government. They established the Innovative Solutions and Technologies Center that further has advanced the education system in Armenia.
Cost
The cost of developers is low not only because life is comparably cheaper in Armenia but also due to robust government programs to promote IT. For example, the new IT startups are excluded from profit tax and pay only 10% social income tax instead of the default rate of 22% until Dec. 31, 2022. This allows hiring software engineers at a much lower cost. If you compare with developers in the USA, the price per project will be twice lower. On average, the IT sector grows by 20% yearly.
Skilled IT workforce
Armenian developers have a presence in many international companies. Based in Armenia, they can cooperate long-distance with companies all over the world. Most IT engineers are proficient in the English language so language is not a barrier for international work.
Almost 1% of the Armenian population is in the IT sector. Not only do they work long-distance but a lot of overseas companies take the risk and open their engineering offices throughout Armenia. With the presence of western companies, the working culture and approaches to product development are changing bringing the Armenian IT sector to a new level.
How to Find the Right Armenian Developers?
There are several options to find the right Armenian developers. Here are some of them.
Search the internet
Most companies leverage the use of the internet for IT outsourcing to Armenia. There are a lot of sites that list top-ranking Armenian software development agencies. Such sites include contact information and some portfolio data. You can contact each agency directly and find the best fit for your case.
LinkedIn is another source to search for Armenian development agencies. Perhaps this is the most favorite go-to place for recruitment because you can find lots of prospective applicants. You can view their profiles as well as consult their portfolio and work experience.
Review Agencies
You can view the rankings of the companies at top marketing agencies, like Agency Vista, GoodFirms, Techreviewer. These are analytics hubs sharing top software companies’ ranking and reviews.
Own contacts
Finally, one of the best ways to contact an Armenian development team is to use your own contacts. Recommendations of past or present clients can be a good source of information on whether or not to trust the software development team.
The best way to get such recommendations is to search for the portfolios of the companies and contact their past clients for feedback.
Key Info and Top Companies for IT Outsourcing in Armenia
Here is key info on top companies for IT outsourcing to Armenia.
Addevice offers custom solutions, including VOIP solutions, healthcare applications, social networking apps, mobile messaging apps, photo and video, and AI-powered solutions. The company has built top-notch apps in various industries, mainly, payment platforms, insurance, healthcare and fitness, social networks, e-commerce, and more.
Cisco is a US-headquartered multinational corporation that has had a presence in Armenia since 2014. It designs, manufactures, and sells networking equipment. The focus is to manufacture high-speed memory for existing ASIC-Cisco switches and circuits that are also affordable in price.
CodeSignal specializes in the development of software and standards for the assessment of technical skills of software engineers. Pretty good company for analyzing skill assessment data through Machine Learning.
DataArt is a global technology consultancy company, In 2019, DataArt opened an office in Armenia with a focus on quality assurance. With 30 dedicated employees, the company provides system modernization, digital transformation, security testing service, and other software development activities.
CodeRiders is a team of IT engineers that specialize in the automation of manual business processes. The company works with virtually any web technology stack, from PHP to JavaScript. CodeRiders applies a wide range of technological capabilities and can build custom-made business solutions.
Volo is a Yerevan-headquartered company established in 2006. It specializes in software development and mobile application development with 7 development offices in Armenia and Ukraine.
AOD.Space has expert IT engineers that specialize in web development, including the development of the simplest plain text to the most complex web-based internet applications, electronic businesses, social network services, and web design.
Ucraft is an established company that builds websites for personal brands and businesses.
EyeMotion is a B2B software provider for the iGaming industry creating HTML5, cross-platform, slot games with custom Eye engine.
X-TECH is one of the leading IT companies in Armenia with a focus on web and mobile app development, e-Commerce, and the gaming industry.
Addevice — Your Armenian It Outsourcing Company
To assist you in your search for a top IT outsourcing company in Armenia, we present details on one of the leading companies that has been listed in several rating and review agencies like Agency Vista, GoodFirms, Clutch, and Techreviewer.
Who we are?
Addevice is a group of enthusiasts that provides services in software development, custom software development, mobile application development (Android Development, iOS Development), mobile optimization, app destining.
We focus on internet/intranet mobile application development, database design, and custom programming.
We have been in the market since 2014 and specialize in mobile app development and custom solutions for mobile products. Our applications help to optimize business workflow, revolutionize the ways people shop, or connect the service provider to customers.
What can we offer?
We can offer custom solutions. This includes VOIP solutions, social networking apps, healthcare applications, messaging apps, photo and video, and AI-powered applications.
Our expertise
We have successfully completed projects and have extensive experience in the following niches.
- Payment platforms
- Insurance
- Healthcare & Fitness
- Social networks
- Fintech
- Telecommunications
- Government
- Education & E-Learning
- Advanced manufacturing.
Why choose us as a partner?
Our diversified portfolio reflects the extended array of niches that we are specialized in. We never give up until the client is 100% satisfied with the result. To us, only the results matter. Customer and community satisfaction is what we strive for. That is, the reality we want to live.
We make even the craziest ideas in your head a practical solution that benefits millions of users. Make sure to drop a line if you want a step ahead in the overcrowded market.
Conclusion
I hope this article helps you in your search for IT outsourcing in Armenia. Yes, Armenia is a country with few resources and an unfavorable geographic position but it has human capital that can benefit a lot of businesses in this technological age. We highly recommend consulting a lot of renowned companies that already have a presence in this small but technologically attractive country.
