There are 40 Companies in Lithuania
that provide Custom Software Development Services!

In the past 10 years, Lithuania developed its IT industry and infrastructure. Projects like e-Lithuania, e-residency, and VR Lithuania among others, transformed the country into a fully digitalized hub in the Baltic region. 

The IT sector itself plays an important role in the Lithuanian economy, registering a 739 millions Euros turnover in 2020. Also, ~4.0% of the entire Lithuanian workforce is enrolled in the IT industry, for those 4200+ digital companies that export their services in 130 countries. 

Why working with Lithuanian IT companies

Essential e-solutions in Lithuania that enable the digital society to function smoothly were all built by local Lithuanian companies. This enhances the reliability of Lithuanian IT companies not only locally but also worldwide - about this we will relate a bit later. 

The already built digital system in Lithuania, already tells a lot about Lithuanian IT companies that perform excellently, and are becoming more and more attractive not only for companies but also for skilled professionals that are enjoying preferential conditions. 

So, after all, why you should work with Lithuanian IT companies?! 

• Skilled workers - that provide high-level digital services

• Open market - that facilitate and ease the access to IT resources and companies services

• Low taxes - compared with other European countries, Lithuania helps local IT and tech companies generate sales, by cutting taxes - which can reflect a lower price/project for the end customer

• Healthy business environment  - a well-established communication between businesses is assured 

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

However, working with Lithuanian IT companies can be also tricky. Even though the post soviet reminiscences are not visible, you still can hit Russian Lithuanians that are providing the same IT services, but on a relatively lower quality, and in a very specific manner. Roughly, some of the companies are only benefiting from the developed IT environment in Lithuania, but don’t follow the same guidelines as the wide majority of companies do. 

Another challenge is the limited human resources that Lithuanian companies can have. The country’s population is just above 3 million people and 6% of it is simply not enough to cover all market demands, so possibly it would be difficult to find an available IT company based in Lithuania to take a big project or so. 

How developed is Lithuanian IT Infrastructure

Lithuania ranks among the top European countries with the highest IT infrastructure. As mentioned previously, its digital transformation made the country one of the regional leaders in innovation. But even so, the country is still not done yet with developing its IT capabilities. 

How does the Lithuanian IT industry perform compared to the neighboring countries?

In the Baltics, Lithuania is a detached leader in IT. Latvia and Estonia are behind simply because they focused on developing other sectors. But the Lithuanian performance is also motivated by people’s attachment to digital technologies.  The continuously growing number of digital agencies confirms once again that Lithuania ranks better than neighboring countries. 

But speaking about Lithuania as an extension to Europe’s northern region, the country is in tight competition with Latvia and Estonia, which also find themselves somewhere in the first half of the European IT community. 

Compared with those two countries, Lithuanian companies will rather provide lower prices for their IT and digital services and products, but at the same time, Lithuania has way more limited resources than Estonia or Finland. 

All in all, Lithuania is a great country to consider for digital projects, and local companies' rich experience with digital transformation can make a difference in their projects. 

Lithuania's Tech in 2022 - Update

Considering the progress Lithuania made throughout the last 3 years, is no wonder that 2022 will be another good period for the ICT and especially local IT companies. Lithuania is abundant with news and tech-related events meant to  encourage startups and entrepreneurship. As a direct result of continuous efforts invested in ICT, Lithuania got the #10 global position in FinTech and has over 42K ICT specialists employed in the tech sector as of December 2021. With this speed, Lithuania is estimated to become more than just a competitive country in the region. 

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.