There are 11 Companies in Hungary
that provide IT Staff Augmentation 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 Staff Augmentation services are like hiring temporary superheroes for your IT team. When your company needs extra help with IT projects, you can bring in skilled and experienced IT professionals from an outside company to join your team. It's like adding more people to your squad for a specific mission!

These services include providing IT experts with different skills, such as programmers, web developers, cybersecurity specialists, or IT consultants. These professionals can help with tasks like software development, website building, data security, or offering valuable advice to improve your IT strategy.

Think of IT Staff Augmentation as borrowing experts for a while to boost your team's abilities. It's like calling in backup when you need it most!

To provide IT Staff Augmentation, companies use various tools and technologies to connect the right experts with your team. They have specialized databases and networks to find IT professionals with the skills you need. They also use communication tools like video conferencing and project management software to ensure smooth collaboration between your team and the augmented experts.

When a company needs IT Staff Augmentation, they have several options to choose from:

• Specialized IT Companies: These companies focus on providing IT Staff Augmentation services and have a pool of skilled professionals in different IT fields.
• Digital Agencies: Digital agencies can also offer IT Staff Augmentation as part of their services, combining it with web design, marketing, and other digital solutions.

Taking IT Staff Augmentation services from a specialized IT company or digital agency offers several benefits for businesses:

• Flexibility: You can quickly scale your IT team up or down as per your project needs. It's like having a superhero team that's always ready for action!
• Expertise On-Demand: You get access to a wide range of IT experts with specialized skills, so you can handle any IT challenge without hiring full-time employees.
• Cost-Effective: Instead of hiring and training new employees, you can bring in experts only when you need them, saving time and money.

When choosing an IT Staff Augmentation service provider, consider the following criteria:

• Skill Match: Ensure the provider has a diverse pool of experts with the specific skills your projects require.
• Reputation and Reviews: Look for positive reviews and feedback from other companies who have used their services.
• Communication: Choose a provider that communicates well and understands your project needs.

TechBehemoths.com is a great resource for finding IT Staff Augmentation companies. With over 914 companies listed on the platform, you can explore a wide range of options. The platform provides detailed company profiles, reviews, and ratings to help you choose the best service provider for your projects.