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Slovakia's ICT sector is dynamically expanding, especially in relation to telecommunication, computer programming, and internet information services, which is why Slovakia is an outstanding destination for setting up ICT businesses.

The ICT sector contributes 4.6% to Slovakia's GDP and has significant potential for growth. Due to a favorable combination of business advantages, Slovakia has become an attractive destination for ICT investors. Slovakia belongs to the top 3 countries with the lowest reported online security incidents.

Among the number of globally well-known products, the most successful were presented by brands ESET, Resco, Soitron, Pixel Federation, and Sli.do or Innovatrics.

Why You Should Work With Slovakian IT Companies

One of the biggest advantages Slovakian IT companies have is a qualified IT workforce. The Slovak labor force is perceived by foreign investors as educated, motivated, adaptable to culturally different management styles, with great multilingual competencies, and a very positive attitude to work habits. 

In addition, 80% of Slovaks speak at least one other language than their mother tongue. Multilingualism is also praised among the young generation. Students learn at least one foreign language already at primary school and pursue these studies at higher levels. 

The most common foreign languages taught in Slovakian secondary schools are as follows: English, German, Russian, and Spanish. For this reason. Working with Slovakian companies is easier, at least from language and cultural perspectives. 

Prices are another reason why Slovakian IT companies and software agencies are attractive on the international market. This, of course, refers to average wages, but still, it makes a good deal for quality per price. Although salaries in the ICT sector are above the Slovak average, in comparison with the rest of the Western EU countries, they remain significantly lower and are still competitive in the CEE region.

What You Should Be Aware of When Working With Slovakian IT Companies

The majority of IT services in Slovakia are provided by outsourcing centers and software houses. From the perspective of IT customers, the largest share of the segment is represented by the public sector. 

This still makes Slovakia a BPO country, where most of the IT companies provide services for the external market. The lack of clients from the international market creates difficulties for local IT companies to get known abroad. 

How Reliable Are Slovakian IT Companies

Slovakian IT companies are at an early stage of creating their reputation on the global market. Since not so many IT companies located in  Slovakia managed to highlight their performance, it is challenging to relate to how reliable they are. But taking into account that in the XXI century all companies have a chance to create a name for themselves, most probably Slovakian IT companies will manage to break the ice, and why not - make their country an important regional IT hub. 

How Well Does the Slovakian IT Industry Relate to the Neighboring Countries?

In the regional background, the Slovakian IT industry is neither a shiny country nor an underdeveloped IT environment. But it is one of the promising destinations for international clients and foreign companies ready to invest or work with Slovakian IT companies, and bring the entire region closer to what the Western European IT industry is. 

Transcription

Transcription is the process of transforming audio or video recordings into text. 

Transcription is an age-old process. The first transcripts are believed to have been found in 3400 BC. in Egypt and the term "transcription" was first used in the English language in 1598.

Transcription can be done manually by a human transcriber or more recently using speech recognition software.

Transcription services are used in a variety of industries, including legal, medical, education, and business.  The most popular items within transcription services are business meetings, lectures, and interviews.  Transcription services are used by brands and companies looking to improve their content strategy and grow their audience. 

In this connection let's point out why else transcription is important:

• Save time by converting audio or video recordings into text that can be easily searched and referenced.
• Improve accuracy by providing a written record of what is being said.
• Make information accessible to people with disabilities.
• Facilitate communication between people who speak different languages.
• Improve SEO for multimedia content by making it more searchable.

The question is what is important to take into account when choosing a Transcription Company.

Let’s see together:

1. Read reviews
2. Check the costs
3. See the accuracy rate of transcription, it should be at least 99%
4. Speed is important, they should be able to deliver transcripts in a timely manner.
5. Make sure they have a good reputation for customer service.

Following all these steps you will manage to choose the right Transcription Company.

At the same time, we invite you to make a search on Techbehemoths using powerful filters, that we have created (on location, other services reviews, costs, portfolio, and profile score) for the perfect company match.

There are more than 80 Transcription Companies on TechBehemoths Platform. Explore their detailed profiles and feel free to get in touch with them.

Also, you have the option to submit your project, and our team will select and send you the best matching companies in about 1 hour. The best thing is that it’s free of charge and you have no obligation to hire any of these companies. Try now and find your perfect match!