There are 41 Companies in Hungary
that provide Custom Software Development Services!

Hungary is an open economy where particular emphasis is placed on encouraging foreign direct investments. Partnership with potential investors is a national priority, special attention is paid to the needs of already existing companies, and to the further development of the business climate. 

Starting with 2010, Hungary has put a lot of effort into developing the IT sector. Some of the best steps in this direction are: 

• Tax modifications and incentive system related to R&D activities

• Strategic partnership for local IT companies, as well as government projects 

• A dual education system based on the tech industry’s needs

• Adjusted the economical climate to the latest requirements of Industry 4.0

In Hungary, the added value generated by the IT sector was 5,18 billion Euros in 2019, and compared with 2017 and 2018, grew by 5% and respectively 7%, which confirms the steady ground the national IT industry stands on. Additionally, Hungarian IT companies have access to the vast EU digital market, which allows them to export services across Europe. 

The most popular IT services provided by Hungarian companies are Software development, Software engineering, and Cyber Security. However, in the last several years’ local companies focused also on app development and knew an increasing number of projects in the AR and VR branches. 

Why you should work with Hungarian IT companies

Even though the digital market is dominated by foreign IT companies ( 66% ), there are also local companies that are striving in providing cutting-edge technology services, which may compete in some places with US, German, and UK companies. For central Europe, this represents a big step ahead and provides cheaper alternatives to the same services for potential customers. 

In 2019, the value of Hungarian exported IT services reached 1.95 billion euros or 8.2% of the entire export value of the country. The numbers are expected to grow significantly due to foreign direct investments in the sector, which also grew by 19% in 2019-2020 Q1.

What you should pay attention to when working with Hungarian IT companies

Hungarian IT companies are not the best-known on the international market, so far. However their increased potential lately may lead to a market boom in the central European market, and many potential customers could turn their attention to this progressive alternative. But the main challenge the companies will possibly face is a lack of experience in working with big projects. In its turn, the lack of experience can lead to poor project management, late project delivery, or even poorly executed projects. 

How reliable are Hungarian IT companies

Hungarian IT companies don’t have a reputation for providing services in IT, which can turn both as an advantage and disadvantage for the companies. Depending on how well local IT companies will start performing on a larger scale, the reliability of companies will be appreciated. 

How does the Hungarian IT sector relate to the neighboring countries

The V4 countries are working together in many areas including in the IT sector. Companies from these countries benefit from facilities and eased access on national markets, but, they also compete. 

In these regards, Hungary is the 2nd growing country in the IT sector in the group of 4, straight after Poland, which already took the lead with an advantage of 35%. 

Outside the V4 group, Romania and Ukraine are also countries that are direct competitors with the Hungarian IT sector. It is still uncertain whether Hungary, Ukraine, Poland, or Romania will become the largest central-European hub in the EU, and generally, in Europe. 

Custom Software Development services involve the creation of unique and bespoke software solutions tailored to meet the specific needs and requirements of a business or organization. Unlike off-the-shelf software, custom software is designed from the ground up, considering the unique workflows, processes, and objectives of the client. These services include software design, web development, testing, implementation, and ongoing support. Custom Software Development is closely related to software engineering, application development, and IT consulting services.

When a company needs Custom Software Development services, it has several options to consider:

• In-House Development: Companies with a dedicated team of software developers and IT professionals may choose to develop custom software solutions in-house. This option provides full control over the development process and intellectual property.
• Software Development Companies: Many businesses opt to partner with specialized IT companies that offer Custom Software Development services. These companies have extensive experience in developing custom software for various industries and can provide end-to-end solutions.
• Digital Agencies: Digital agencies that offer software development services can also handle custom software projects. Choosing a digital agency may be advantageous if the company requires a combination of software development and marketing services.

Taking Custom Software Development services from a specialized IT company or digital agency can bring significant benefits to businesses. First and foremost, custom software solutions are designed to address specific business challenges and optimize processes, leading to increased efficiency and productivity. Businesses can leverage custom software to automate repetitive tasks, improve data accuracy, and enhance overall performance.

Furthermore, custom software solutions offer scalability and flexibility, allowing businesses to adapt and grow without limitations. Off-the-shelf software may lack the customization and integration capabilities required for future expansion, but custom software can be designed to accommodate evolving needs and integrate with other systems seamlessly.

Choosing the best Custom Software Development service provider for a project requires careful consideration of several criteria, among which we can name some of the most important:

• Expertise and Experience: Look for providers with a proven track record in Custom Software Development. Assess their experience in working on similar projects and their ability to understand your industry and specific requirements.
• Technical Proficiency: Evaluate the provider's technical expertise in relevant programming languages, frameworks, and technologies. They should have a strong understanding of the tools and platforms necessary to develop your custom software solution.
• Project Management and Communication: Choose a provider with a robust project management process and effective communication practices. Regular updates, clear milestones, and open collaboration are essential for successful software development.
• Data Security and Compliance: Ensure that the service provider prioritizes data security and follows industry best practices. They should comply with relevant data protection regulations to safeguard sensitive information.

TechBehemoths is a valuable resource for finding the best Custom Software Development companies for your projects. With over 6384 companies listed on the platform providing Custom Software Development services across 78+ countries, TechBehemoths simplifies the search process. Our platform provides detailed company profiles, client reviews, and ratings to help you evaluate and compare different service providers.