Explore Top Companies in Lithuania
High-Quality Delivery on Time and Budget. If it matters - you’re on the right way!Devima Solutions is a software development company that builds solut...
From the idea to the final application – we offer full-cycle software development services designed to help your business grow. Need to close yo...
RichBrains specializes in custom software engineering, boasting an Agile approach and deep expertise in the EdTech sector, complemented by partnership...
Headquartered in Houston, USA, Softeq stands as a full-service deliver of innovative complex solutions. To help clients make the transition from analo...
JazzTeam is an international IT company with streamlined processes and a well-formed culture, aimed at long-term cooperation with customers. We have b...
Welcome to Markupus agency, where we pride ourselves on being the leading WordPress company in the industry.Our team of experts is dedicated to helpin...
Blazer Agency is one of the fastest-growing digital marketing agencies for e-commerce specializing in Facebook & Instagram advertising and email &...
At Flatlogic, we help businesses to speed up web development with our beautifully designed web & mobile application templates built with React, Vu...
We specialize in comprehensive penetration testing for web applications, and mobile apps, and provide essential cybersecurity training for employees.O...
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SEO Optimization Transparent SEO services A clear SEO plan Customer Control Panel 100% transparent report of all work...
Life @ Invertus never falls short of fun, purpose, and challenges. We create scalable digital solutions that deliver sustainable business success for...
Unlock the full potential of your brand with Rekos Agency - where data and creativity come together to drive success. As experts in the field of vi...
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Devexperts is an international fintech company that has provided development and consulting services since 2002. We develop custom software for retail...
We're Wyrd - a distributed team of engineers, UI/UX designers, business developers, and marketing experts help companies of all sizes achieve thei...
Since 1998, Itransition has been delivering full cycle software development services to customers in over 30 countries worldwide. Itransition is an ex...
Xpand is a product and service software development company assisting organizations around the globe in handling their Microsoft Dynamics ERP and CRM...
Esame į rezultatą orientuota marketingo agentūra. Partneris, kuris dirba sąžiningai, rūpinasi jūsų verslo tikslais, skaidriai įkainoja paslaugas ir at...
Digital marketing agency in Lithuania. Are you looking for a unique online marketing strategy for your business? There is no more B2B or...
Cogniteq is a professional software agency delivering custom solutions for SMBs and enterprises based in Europe, USA, Canada and Asia. More than 100 o...
We like to exceed the goals set at the beginning of the project. How do we do it? Determine your needs, determine the goals and objectives of the proj...
Hi, my name is Adomas, CEO and Founder of Nomadomas. In 2015, I joined the multinational technology company Google in its European Headquarters in Dub...
We are a digital agency that helps SaaS companies and other startups achieve sustainable long-term growth. We kickstart growth and provide tools and e...
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Present Connection. Software development made personal Welcome to Present Connection. We make software development personal. Software development is n...
Toughlex is a Lithuania-based IT company founded in 2015, that partners with companies in need of software development services. We believe that only...
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The ICT in Lithuania: Overview and Companies Data
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?!
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Skilled workers - that provide high-level digital services
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Open market - that facilitate and ease the access to IT resources and companies services
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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
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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.