There are 1 Companies in Lithuania
that provide General Contracting 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. 

General contracting services are the backbone of construction projects, overseeing every aspect from planning to completion. These services ensure that construction projects are executed efficiently, on time, and within budget.

IT companies have begun offering specialized software and technology solutions for project management and construction processes. Some IT companies in this space include Procore, PlanGrid (now Autodesk Build), and Viewpoint, offering software designed to streamline construction management. While these solutions can be reliable in providing tools and platforms to support general contracting services, the practical execution of construction projects, including on-site management and physical construction, typically falls within the purview of traditional construction firms.

General contracting service providers rely on various tools and technologies to manage construction projects efficiently. These include project management software, Building Information Modeling (BIM) software, construction scheduling software, and Geographic Information System (GIS) tools. Mobile apps for real-time project updates, drones for site surveys, and remote monitoring systems also enhance project management.

General contracting is closely related to a range of construction and project management services, including design-build, construction management, subcontracting, project management, and facilities management. These services work together to ensure the successful planning, execution, and maintenance of construction projects.

Selecting the best IT company for general contracting services involves evaluating the features, scalability, and compatibility of their software solutions with your project's needs. Consider factors like user-friendliness, customer support, and the ability to integrate with other software and systems used in the construction industry.

General contracting providers are essential for various construction projects, including commercial construction, residential construction, infrastructure projects, industrial construction, renovation and remodeling, and government and public works. Companies and organizations across industries, including real estate developers, corporate entities, government agencies, healthcare institutions, retail chains, and education institutions, may require general contracting services based on their construction needs.

The cost of general contracting services varies widely based on factors such as project size, complexity, location, and the scope of work. In the US, average construction costs can range from $150 to $450 per square foot or more, depending on the project type and location. Costs in the UK and Australia may follow similar ranges but can also vary based on local market conditions and regulatory requirements. It's crucial to obtain detailed project estimates and bids from general contractors based on your specific project requirements and location.