CR is most popular CEE country for IT outsourcing

Published: 27.09.2018 Related countries:  Czech Republic Czech Republic

The Czech Republic is the most popular destination for the outsourcing of IT services among Central and Eastern European (CEE) countries.

From a study by personnel agency Adecco Group it further appears that more than 75,000 employees work in the local IT sector for more than 200 foreign companies, mainly from Europe, Africa and the Middle East. Most frequently, data centre services, creation and maintenance of corporate computer networks and administration of user IT products are outsourced the most in the Czech Republic. The most important clients are industrial companies (20% of contracts), followed by media and communication companies and banking companies (18% each). The estimated increase in the market of outsourced IT services in the Czech Republic is 3.7% per year until 2021. A faster dynamic is prevented by a lack of labour and increasing wage costs.

Source: ČIA NEWS, September 27th, 2018
Compiled by the team of CzechTrade office in Riga.