I guess that is the reason why there is interest in outsourcing to Eastern Europe. Case in point being EPAM Systems. Indian IT consultancies might have huge operations but they are not the only show in town.
Yes, and we collaborated with a few dozen EPAM developers on some projects at my last full-time corporate job, and all of the ones I worked with (both the in-person EPAM teammates and the remote ones) were very sharp people who definitely enjoy technological endeavors. As development firms such as EPAM gain traction, I expect some of the massive Indian firms will lose ground.
Right. I'm counting on that to happen. This should force the hands of the Indian firms to innovate or perish. That should be very interesting to watch.
Eastern Europe is in a wierd time where it has the infrastructure, market access, and human resources of a rich country, but much lower cost of living and pay.
That isn't sustainable - we will just see things equalise with Germany and then where is the competitive advantage? So cutting costs by pushing technical work to eastern EU isn't sustainable, at least in the 10 year time frame.
I am sure EPAM and the tech industry there will adapt to the shift but they will not be as the new Infosys.
