There are 8 Companies in Hungary
that provide Enterprise App Modernization 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. 

Enterprise App Modernization services involve updating and transforming legacy applications and systems to meet the evolving needs of businesses in a digital era. These services encompass a range of offerings such as application refactoring, cloud migration, technology upgrades, integration, and user interface redesign. Enterprise App Modernization services are closely related to software development, mobile app development, application testing, and mobile app marketing among others.

According to The New Stack, 54% of businesses that own an app, plan to modernize them within 6 to 12 months from the date these were launched. 

Nonetheless, to modernize an app any company has two options: an in-house team, or looking for a specialized IT company. While the benefits of having an in-house development team that will handle this process are obvious, businesses can experience a series of benefits by partnering with a specialized IT company for their Enterprise App Modernization needs. Here are some key advantages:

• Enhanced Efficiency and Performance: Legacy systems often suffer from outdated technology, inefficiencies, and limitations. Enterprise App Modernization improves system performance, scalability, and reliability, enabling businesses to operate more efficiently and meet growing demands.
• Cost Savings: Modernizing legacy applications can lead to significant cost savings over time. It eliminates maintenance costs associated with outdated technologies, improves resource utilization, and enhances productivity, resulting in long-term cost efficiencies.
• Increased Agility and Innovation: Modernized applications leverage new technologies, such as cloud computing, microservices, and AI, fostering agility and innovation within the organization. It allows businesses to respond quickly to market changes, drive digital transformation initiatives, and stay ahead of competitors.
• Improved User Experience: Modernized applications often come with enhanced user interfaces, intuitive navigation, and improved functionality. This leads to a better user experience, higher user satisfaction, and increased productivity among employees and customers.
• Scalability and Integration: Modernized applications are designed to scale and seamlessly integrate with other systems and platforms. This allows businesses to adapt to changing demands, incorporate new features, and integrate with third-party applications and APIs more effectively.

When choosing an Enterprise App Modernization provider for a project, consider the following criteria:

• Expertise and Experience: Look for providers with extensive experience in modernizing enterprise applications and systems. Assess their track record, industry knowledge, and success stories to ensure they can effectively handle your specific modernization needs.
• Technology Stack and Skills: Evaluate the provider's proficiency in modern technologies and frameworks relevant to your project, such as cloud platforms, microservices, containerization, and API integration. They should possess the necessary skills to deliver robust and future-proof solutions.
• Project Management and Collaboration: Consider the provider's project management approach and communication practices. Look for a provider that values collaboration, ensures transparency, and keeps you involved in the modernization process.
• Security and Compliance: Verify that the provider follows stringent security practices and has a comprehensive understanding of data protection regulations. They should prioritize data security during the modernization process and address any compliance requirements specific to your industry.

TechBehemoths is a valuable resource for finding the best Enterprise App Modernization companies for your projects. With over 990 companies listed on the platform providing Enterprise App Modernization services across 75+ countries, TechBehemoths.com simplifies the search process. The platform provides detailed company profiles, client reviews, and ratings to help you evaluate and compare different service providers.

Two reasons why you should use the platform to find the right Enterprise App Modernization provider for your needs are as follow:

• Wide Range of Options: TechBehemoths offers a comprehensive directory of Enterprise App Modernization companies from various countries and regions. This allows you to explore a diverse set of options, consider their expertise, and find a provider that aligns with your specific project requirements.
• Verified Information and Reviews: Our platform ensures reliable and unbiased information. The platform features detailed company profiles, client reviews, and ratings, providing insights into the capabilities and quality of services offered by different providers.