Outsourcing your software development to South and Southeast Asia is no longer just about saving costs. Outsourcing in these regions and working with remote teams allows you access to a highly educated workforce that is skilled in a variety of verticals and multiple technology stacks.
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The talent pool in South and Southeast Asia serves all industry verticals and technology stacks. Impressive advances in IT, education and the sciences coupled with the sheer number of quality programmers, benchmarked against the expectations of North American clients, make it a prime outsourcing destination.
In the past few years, the region has experienced high economic growth, with a rapidly expanding technology sector and a rise in both startups and entrepreneurial initiatives. A survey by Boston-based management consultancy Bain & Co found more than 60% of Southeast Asian investors saw technology as their main priority, with a primary focus on fintech, followed by healthcare and education.
While economies throughout the world have taken a battering due to COVID-19, the depth of talent and competitive software engineering rates in South and Southeast Asia create opportunities for Western companies looking for an offshore development team at an equivalent standard of skills and expertise.