There are 20 Companies in Moldova
that provide Custom Software Development Services!

Moldova is a small country located in the Eastern European region, with a population estimated around 2,9 million people. Now, that we made this clear, it’s time to talk about it’s IT industry and tech development the country reached by 2020. 

According to the latest statistics that date from 2019, the country has tripled its income from IT services and products in the period 2015-2019. So, from ~1 million Euros in 2015, the income of local IT companies has increased up to ~3 million Euros in 2019. How is this possible, you would ask. There are countries with way more developed IT industry and a larger population that register fewer numbers. 

It’s simple. The number of IT companies located in Moldova has increased as well, and now, in 2020, such a small country has 2300 IT companies that mostly export their services and digital products in central and western Europe. The relatively cheap workforce which is at the same time average qualified with linguistic skills is probably the most attractive and demanded in Europe. Speaking of languages, almost every youngster aged between 18-35 knows at least two languages: Romanian and Russian. In addition, English is extremely popular and well assimilated by the local population. 

But of course, there are more reasons why you should work with a Moldovan IT company. 

Why you should work with a Moldovan IT company

The positive evolution of the Moldovan IT industry has also increased the visibility of local companies that create and develop digital products both for internal and external markets. Initially focused on outsourcing, Moldova has grown its startup base with multiple accelerator programs, and incubators that are focused on the digital. 

Now, you can meet Moldovan IT companies, and digital agencies all over the world, especially in western Europe, where some of them reached the top niche. 

The transformation from agriculture to digital in Moldova is visible, and many young professionals are opting for a career in the digital network. In this way, companies here have plentiful resources for creating and developing more and more IT companies. 

Another reason for working with Moldovan IT companies is the cheap prices for the quality of their digital services. The yearly average wage of a web developer in Moldova is estimated to be $14,800 

What to be aware of when working with a Moldovan IT company

Professional services, low prices, and a large talent pool - all these combined make Moldova probably one of the best places to work with an IT company or a web agency in Europe. But, of course, there is more to it. 

Moldova’s IT industry is still in a development phase that requires resources and attention. While the European IT market is overwhelmed with companies - it seems there is not much room left after all, and many companies are not so well-known or don’t have enough visibility. 

In addition to that, a potential client should as well pay attention to a company’s portfolio, experience, number of employees, and hourly rate - just like in any other country, there are companies that perform outstanding and charge respectively, but as well companies that just have started their road and are probable inappropriate for big projects. 

How reliable are Moldovan IT companies

In terms of reliability, Moldovan IT companies are generally fair, or at least reviews from real clients say so. However, project delivery delays are expectable. In contrast with professional services, it should not be a problem though, since the extra time a client has to wait is worth it. Not to mention that in western Europe and the US, web agencies and software companies also take their time in most cases to deliver a digital service or product. 

How does the Moldovan IT industry relate to the neighboring countries?

With Ukraine and Romania as neighboring countries, Moldova is already out of the competition in terms of IT infrastructure. However, the field of Information and Communication doesn’t know physical boundaries and local software companies don’t seem to have problems with finding new partnerships and contracts. 

The government supporting policies is also a helping hand for the industry’s development - there are two IT parks already, that charge 0% VAT for employees and only 7% for companies. This stimulates companies and professionals to choose a career in IT and develop the industry. 

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.