There are 4 Companies in Hungary
that provide IT Managed 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. 

IT Managed Services are like having your very own team of tech wizards who take care of all your IT needs and keep your business running smoothly. Instead of handling everything on your own, you can outsource your IT tasks to a specialized company, allowing you to focus on your core business without worrying about technical headaches.

These services include a wide range of IT support and management tasks, such as network monitoring, data backup, cybersecurity, software updates, and help desk support. In other words, IT Managed Services is like having a reliable and proactive team of experts who prevent IT problems before they even happen!

Companies offering IT Managed Services use a variety of advanced tools and technologies to keep your IT infrastructure in top shape. They have monitoring software that keeps an eye on your network 24/7, detecting any potential issues and ensuring everything runs smoothly.

They use cloud-based solutions for data backup and storage, keeping your valuable information safe and accessible from anywhere. Additionally, they deploy cybersecurity tools to protect your business from threats like viruses and hackers.

When your company needs IT Managed Services, you have a few options to choose from:

• IT Service Providers: Specialized IT companies that focus on providing managed services and support.
• Managed Service Providers (MSPs): These companies are experts in handling all aspects of IT management, offering comprehensive solutions.
• Digital Agencies: Some digital agencies also offer IT Managed Services as part of their technology solutions.

Taking IT Managed Services from a specialized IT company or digital agency comes with several benefits for businesses:

• Peace of Mind: With a dedicated team handling your IT, you can focus on growing your business without worrying about technical issues.
• Proactive Support: IT Managed Service providers are proactive in identifying and resolving potential problems before they disrupt your operations.
• Cost-Effective: Outsourcing your IT needs can be more cost-effective than hiring and training an in-house IT team.

To choose the best IT Managed Service provider for your project, consider the following criteria:

• Expertise: Look for a provider with a strong track record in providing managed services and supporting businesses like yours.
• Service Level Agreements (SLAs): Ensure the provider offers clear SLAs that outline their response times and resolution commitments.
• Scalability: Choose a provider that can scale their services as your business grows.

TechBehemoths is an excellent resource for finding IT Managed Service companies. With over 1646 companies listed on the platform providing IT Managed Services across 43+ countries, you can easily find a suitable provider for your business needs.

The platform offers detailed company profiles, client reviews, and ratings, helping you make an informed decision. TechBehemoths.com simplifies the process of finding a reliable and trustworthy IT Managed Service partner for your business.