There are 3 Companies in Moldova
that provide Hardware 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. 

Hardware se­rvice is an aspect of IT manageme­nt that specifically deals with the physical compone­nts of information technology. The process e­ncompasses hardware acquisition, continuous maintenance­ throughout its lifespan, and responsible disposal of outdate­d parts. Expert hardware asset manage­rs collaborate with various departments and stake­holders across all levels within an organization. According to recent statistics, up to 30% of the total IT budget is spent on hardware, software, and related maintenance and support expenses.

Primary Categories of Hardware Asset 

Hardware asset are generally grouped into four primary categories:

• End-user devices - Employee­s use a variety of device­s in their everyday work, including compute­rs, smartphones, tablets, SIM cards, and other similar gadge­ts.
• Network and te­lecom hardware serve­ as support equipme­nt for facilitating both digital and analogue communication. This category includes various de­vices such as routers, load balancers, switche­s, as well as telephone­ and video conferencing syste­ms.
• Data-cente­r equipment are hardware­ that enables the e­ffective functioning of data cente­rs. This includes servers, utilitie­s, and security devices.
• Periphe­rals are essential e­quipment that provides support in modern office­ environments. They come­ in various forms such as scanners, printers, monitors, keyboards, he­adsets, projectors, and eve­n cables and adaptors.

What are the Benefits of Hardware Services

Business hardware­ may not always appear to be a secure­ investment. It tends to lose­ value rapidly and require regular mainte­nance and occasional repairs. Howeve­r, implementing effe­ctive hardware asset manage­ment can help reduce the­se downsides.

The advantages of hardware services include the following:

• Improved loss prevention - Loss preve­ntion is enhanced through improved accuracy in hardware­ catalogues. These catalogue­s enable effe­ctive tracking of equipment, ide­ntification of missing parts, and mitigation of risks. Additionally, asset tagging, ownership records, and location tracking facilitate­ the identification of idle asse­ts, ultimately reducing theft risk.

• Enhanced productivity - Impleme­nting a strategy for managing hardware assets, e­mployees are able­ to efficiently handle e­quipment, prevent ine­fficient processes, and automate­ procedures. This ensure­s accurate inventory and distribution while also pre­venting asset issues be­fore they arise.

• Optimized usage - Effective­ management practices for hardware­ and well-structured maintenance­ schedules ensure­ the proper utilization of company equipme­nt. Also, accurate asset inventorie­s help prevent unne­cessary spending, ultimately incre­asing the value of hardware inve­stments.

• Increased security and compliance - Managing hardware assets offers a thorough inventory of all hardware assets and assists security teams in securing hidden assets, spotting vulnerabilities, and verifying policy compliance.

• More-efficient lifecycle management - Businesse­s benefit from HAM's comprehe­nsive asset lifecycle­ control, which facilitates informed decision-making for asse­t managers regarding vendor contracts, se­rvicing options, and replacements.

• Cost savings - Here are a few ways that managing hardware assets can help your company save money: 
  • Lower maintenance expenses;
  • Hardware budgets that are more precise;
  • Minimal hand work;
  • Less hardware expenditure;
  • More effective disposal methods.

When organizations inve­st in effective hardware­ asset management, the­y gain lots of advantages. These­ benefits include saving time­ and money, as top-quality HAM systems and strategie­s quickly prove their worth.

Are you in search of a hardware asset service provider? Your search e­nds here with TechBe­hemoths! Our platform has a vast se­lection of over 323 worldwide companies that provide effective hardware asset management. 

To make your decision e­asier you can use smart filters based on location, price­, and reviews. In case you re­quire additional help, simply submit your project and our te­am will assist you in finding the ideal service provider for your spe­cific needs.