The outsourcing market alone is projected to reach $220 billion this year, which means that these days, the question you should ask yourself is not whether you should or shouldn't outsource — it's how much you should outsource. This tendency has stimulated the rapid growth and vigorous competition between offshore software development companies in Eastern Europe, India, Latin America, and Asian countries. Keep reading to learn more about the top offshore software development companies that will dominate the software outsourcing market in 2020.
What Are the Top Offshore Software Development Companies in the World?
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DAXX in Numbers
Daxx is a Netherlands-based company known for helping tech businesses across the world find and hire experienced software developers for long-term cooperation. In about 21 years, the company has enabled more than 300 businesses to fill in their talent gaps.
Daxx connects clients with developers who perfectly match their requirements and, by tapping into the Ukrainian tech talent market, is able to provide an optimal combination of quality and cost. As of 2021, Daxx’s clients can extend their team by hiring professionals specializing in versatile technologies in Ukraine, build a dedicated team, and benefit from additional services which include quality assurance, DevOps, process consulting, IT relocation, and security testing.
Daxx adheres to high standards of quality and security сonfirmed by Microsoft Gold Certification and ISO 27001:2013 Certification. On the local market, Daxx is acknowledged as one of the best employers with a perfectly organized talent retention process.
Top Services | Dedicated Team, Launch Workshop, Process Consulting, Quality Control, Security Testing, DevOps Services, IT Relocation |
Top Industries | Healthcare, E-Learning, Fintech, Travel and Hospitality, Telecom, E-Commerce |
Founded | 1999 |
Employee Count | 500+ |
Development centers | Ukraine; Eastern Europe |
Headquarters | Kyiv, Ukraine |
Biggest Clients | Viber, Oktopost, Pricena, HVR, Carerix, Jarrang |
Awards | Top B2B Company in Ukraine 2018 and Top Software Development Company by GoodFirms |
What is Offshore software development?
Offshore software development is a cooperation model between a customer and an organization or a team of software engineers. This model implies that the engineers are based in another country, "offshore" from the employer, and usually ensures lower costs with the same quality of work.
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This fast-growing IT services company takes pride in hiring the best specialists in the Americas. BairesDev now houses about 1,300 tech specialists in 11 offices. In recent years, the company has been actively expanding its geography, which has resulted in getting into the Inc 5000 list of the Fastest-Growing Tech Companies of 2020.
Top Services | Software Development, Staff Augmentation, Mobile Development, Product Development |
Top Industries | Fintech, Insurance, Real Estate, Logistics, E-Commerce, Telecom, Banking, Supply Chain, Healthcare |
Founded | 2009 |
Employee Count | 1300+ |
Development centers | Spain, US, Paraguay, Venezuela, Argentina; North America, Europe, Latin America |
Headquarters | San Francisco, US |
Biggest Clients | Google, Rolls-Royce, Pinterest, EY, SiriusXM, Motorola, ViacomCBS, Chime |
Awards | Fastest-Growing Tech Company of the Year | 2020 and California's Fastest-Growing Company | 2020 |
Flatworld Solutions
Expanding Possibilities
Flatworld Solutions is an outsourcing company that offers software development services to businesses from fintech, edtech, logistics, and manufacturing industries. Currently, the company has five delivery offices and a diversified portfolio of projects.
Top Services | Software Development, Staff Augmentation, Mobile Development, Product Developmentt |
Top Industries | Banking & Finance, Logistics, Manufacturing, Media & Entertainment, Real Estate, Retail, Telecommunications, Education, Automotives |
Founded | 2006 |
Employee Count | 3,500+ |
Development centers | India, Philippines, Kenya, Bolivia, Colombia; Asia, Africa, Latin America |
Headquarters | Bangalore, India |
Biggest Clients | University of Bristol, Everstone, Rogers, uOttawa, MSN, Alcon, ARI, Medversant |
ValueLabs
Inspired by Potential
ValueLabs is a technology company focused on data technology, product development, and related digital services. The company has 30 delivery offices across the globe with 5,500 people on board.
Top Services | Software Development, Modernization, Quality Assurance, DevSecOps, Engineering, Chatbot, User Experience, Cloud, Digital Marketing, Automation, Data Technology, Business Intelligence, Analytics |
Top Industries | Fintech, Insurance, Real Estate, Logistics, E-Commerce, Telecom, Banking, Supply Chain, Healthcare |
Founded | 1997 |
Employee Count | 5,500 |
Development centers | North America, Latin America, Europe, Asia-Pacific |
Headquarters | Hyderabad, India |
Awards | Fastest-Growing Tech Company of the Year | 2020 and California's Fastest-Growing Company | 2020 |
SoftServe
For the Future
SoftServe is a tech company offering a wide specter of services including product engineering, quality assurance, project management, and business analysis. The company has a strong presence on the global tech market with 50 offices in 11 countries and more than 8,000 people on board.
During the last 23 years, the company has successfully completed more than 10000 tech projects and has become a leader in delivering innovative digital solutions for businesses in the e-commerce, healthcare, and energy, oil and gas industries.
Top Services | Engineering Services, Solution Architecture, Business Analysis, Operations Support, Cloud & DevOps, Big Data & Analytics, AI&ML, IoT, Experience Design, Cybersecurity, Extended Reality |
Top Industries | Healthcare, E-Commerce, Fintech, High Tech, Energy, Oil & Gas |
Founded | 1993 |
Employee Count | 8,100 |
Development centers | US, UK, Norway, Ukraine, Belarus; North America, Eastern Europe, Europe |
Headquarters | Austin, US |
Biggest Clients | Atlassian, Cisco, Kronos, Logitech, Nordea, Panasonic, Cloudera |
Awards | Top App and Software Developer 2020 by Clutch and Atlassian Partner of the Year 2019 Award for SaaS Integration |
DataMatics
Data to Intelligence
DataMatics delivers IT and BPM services to about 200 clients worldwide. About 10,000 employees are distributed between offices in the Philippines, Dubai, Singapore, Australia, the US, the UK, Germany, and a few other European countries. In recent years, DataMatics has been developing BPA solutions — TruBot, TruCap+, iPM, TruTest, Trade Finance, and TruFare.
Top Services | Engineering Services, Solution Architecture, Business Analysis, Operations Support, Cloud & DevOps, Big Data & Analytics, AI&ML, IoT, Experience Design, Cybersecurity, Extended Reality |
Top Industries | Banking & Financial Services, Healthcare, Insurance, Travel & Hospitality, Market Research, Retail & E-Commerce, Transportation, Manufacturing & Logistics, International Organisations |
Founded | 1975 |
Employee Count | 8,100 |
Development centers | India; Asia-Pacific |
Headquarters | MIDC, Andheri (East), Mumbai, Maharashtra |
Biggest Clients | Atlassian, Cisco, Kronos, Logitech, Nordea, Panasonic, Cloudera |
Awards | Top App and Software Developer 2020 by Clutch and Inc. 5000 |
Intellectsoft
Engineering Your Vision
The company earned its name by helping businesses from Fortune 500 and enterprise clients build and improve their technical solutions. In addition to software development services, the company also provides digital transformation consultancy.
During 13 years on the global tech market, Intellectsoft has gained deep expertise in construction, healthcare, retail, and e-commerce industries. The range of services the company offers covers all phases of the digital product development process and includes quality assurance, cybersecurity, and UI/UX design.
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Top Services | Product Engineering, Mobile Development, IT Consulting, UX/UI Design, DevOps, QA & Testing, Team Extension |
Top Industries | Construction, Healthcare, Retail & E-Commerce, Fintech, Travel & Hospitality, Logistics |
Founded | 2007 |
Employee Count | 350+ |
Development centers | UK, US, Norway; North America, Europe |
Headquarters | Palo Alto, US |
Biggest Clients | Harley-Davidson Motorcycles, Eurostar, Ernst & Young, Jaguar, Cirrus Insight, Disney, Clinique |
Awards | Top App and Software Developer 2020 by Clutch and Inc. 5000 |
Eleks
Your Technology Partner for Software Innovation and Market-Leading Solutions
Eleks is one of the biggest Eastern European software development outsourcing companies focused on fintech, retail, and logistics businesses. The company houses around 5,000 tech specialists in seven locations including the US, the UK, and Eastern European countries.
Top Services | Data Science, Mobility, Quality Assurance & Testing, R&D, Technology Consulting, Blockchain, Artificial Intelligence, Product Design, Security Services, DevOps, Cloud, Big Data & Analytics, Internet of Things, Machine Learning, Software Development |
Top Industries | Logistics, Fintech, Retail, Agriculture, Healthtech |
Founded | 1991 |
Employee Count | 5,000 |
Development centers | Ukraine, US, Canada, UK, Germany, Poland, Estonia; Eastern Europe, North America, Europe |
Headquarters | Lviv, Ukraine |
Biggest Clients | ESET, Blackboard, Havas, SAV Service, American Medical Center, Accelerated Analytics |
Awards | IAOP Global Outsourcing 100 I 2020 and Outsourcing Verbandt |
QBurst
Technology Solutions to Get Future-Ready
QBurst is a full-cycle digital products company with a global presence. The majority of the company’s clients are mid-market coming from education, healthcare, retail, and renewables industries. QBurst has around 5,000 employees on board.
Top Services | Cloud, DevOps, Data, App Development, Design, Quality Assurance, Digital Marketing |
Top Industries | Healthcare, Retail, Renewables, Manufacturing, Education, Engineering, Financial Services |
Founded | 2004 |
Employee Count | 5,000 |
Development centers | US, UK, UAE, India, Japan, Singapore, Australia; North America, Asia, Asia-Pacific |
Headquarters | Chantilly, Virginia |
Biggest Clients | Burberry, Mercedes-Benz, Peugeot, AstraZeneca, Petrofac, PrivateFly, National Geographic, ACIS, DELL |
Awards | India’s Growth Champion 2020 and Dun & Bradstreet SME Business Excellence Award 2019 |
10Pearls
We Help You Imagine & Build Technology for the Future
10Pearls is a digital solutions provider that offers end-to-end product development services as well as mobile development services. On a local scale, the company is known for its well-developed organizational culture and social responsibility.
Top Services | Mobile Applications, Enterprise & Web Application Development, User Experience and Design, Cyber Security, Product Development, DevOps, Artificial Intelligence |
Top Industries | Healthcare, Communications&Media, Retail, Renewables, Manufacturing, Education, Engineering, Financial Services, Nonprofits&Associations |
Founded | 2004 |
Employee Count | 500 |
Development centers | US, UK, Columbia, Pakistan, UAE; North America, Latin America, Asia |
Headquarters | Vienna, Virginia |
Biggest Clients | AARP, Coca-Cola, Capital One, PayPal, Hughes, Adobe, Docker, Nextel Medstar Health, Corcentric, Discovery Education, Johnson & Johnson, Zubie, Blackboard, National Geographic, JK Moving, General Dynamics |
Awards | 2019 Inc. 5000 List of Fastest-Growing Private Companies in US and AARP Supplier of the Year |
What Are the Biggest Software Outsourcing Companies in the World?
The world-known company CGI was founded in 1976 and has grown into a global business of 70,000 specialists. CGI is one of the biggest software outsourcing companies in the world that also delivers business consulting, system integration, infrastructure, app development, and business process services.
Offices: Montreal, Quebec (HQ), North America, Eastern Europe, Europe, Africa, Asia-Pacific, Latin America
Employee Count: 70,000+
Industries: Banking & Capital, Communications, Government, Healthcare, Insurance, Life Sciences, Manufacturing, Oil & Gas, Retail & Consumer Services, Transportation & Logistics, Utilities
FTP Software was established in 1999 and is now known as one of the biggest software outsourcing companies in the world with 29,000 employees and 30 offices around the globe. The company focuses on delivering core services such as IT outsourcing, analytics, IoT, mobility and cloud services, as well as digital consulting, and has helped about 700 clients digitize and innovate their solutions.
FPT Software owns Citus Cloud Suite, Citus Cobol Suite, Emobiz, akaBot, akaWORK, akamins, and AkaDOC — cloud and automation digital products.
Offices: Hanoi, Vietnam (HQ), North America, Europe, Eastern Europe, Africa, Asia-Pacific
Employee Count: 29,000
Industries: Automotive, Banking & Finance, Media & Entertainment, Healthcare, Logistics, Manufacturing
Clients: SCSK Corporation, Bayer, Honda Techno Fort, Seino Information Service, MedAdvisor, RWE AG, Schaeffler Asia-Pacific, AT&T Communication
Founded in 1982, Softtek is one of the biggest outsourcing companies in Latin America and the world with headquarters in Monterrey, Mexico. The company helps businesses from Global 2000 undergo digital transformation, providing their services in more than 20 locations and 30 offices distributed worldwide.
The company’s field of expertise lies within but isn’t limited to technology strategy and governance consulting, business processes management, data analytics, application, platform, and infrastructure development.
The company also has a line of solutions: Meet DIEGO, blauLabs, Business OnDemand, Click2Sync, Guest Engagement, Socializer, and Collaborative Commuting focused on improving and analyzing client interactions and business performance analysis.
Offices: Monterrey, Nuevo Leon (HQ), North America, Latin America, Europe, Asia
Employee Count: 10,000+
Industries: Media & Entertainment, Restaurant Chains, Retail, Transportation & Logistics, Financial Services, Healthcare, Hospitality, Insurance, Manufacturing, Airlines, Communication, Consumer Packaged Goods, Education, Energy & Utilities
Stefanini, according to BBC World, is the world’s fifth most internationalized software outsourcing company and one of the 100 largest IT companies globally with 25,000 employees. Established 30 years ago, the company now operates in more than 41 countries and is one of the biggest software outsourcing companies in Brazil, where it locates its headquarters.
The company offers competence in digital transformation, application and advisory services, as well as workplace and infrastructure support.
Offices: North America, Latin America, Asia, Australia, Europe, Eastern Europe
Employee Count: 25,000+
Industries: Banking & Finance, Education, Healthcare, Retail, Manufacturing, Mining, Life Science
Totvs is a Brazil-based company with worldwide representation in 41 countries, serving businesses of all sizes in 11 industries. Only in Brazil, the company has 11 R&D offices and 66 units. The robust structure of the company allows it to supply clients with an end-to-end value chain and high-tech solutions.
Offices: São Paulo, Brazil (HQ), Latin America, North America
Employee Count: 11,000+
Industries: Retail, Legal, Manufacturing, Distribution
Amadeus is one of the biggest software outsourcing companies in the travel industry, operating in more than 190 markets and employing about 19,000 specialists from 150 nationalities. The company has gotten into the Forbes 2019 global ranking as one of the world’s top 10 software companies.
Amadeus has invested €7.5 billion in R&D since 2004 and earned €5.5 billion in revenue in 2019, which has led to a rapid growth of the company. Currently, the global team of Amadeus delivers API, platforms, big data, cloud, mobile, and open source solutions, as well as smart city ecosystems for businesses in the travel industry.
Offices: Madrid, Spain (HQ), North America, Latin America, Europe, Eastern Europe, Africa, Asia-Pacific
Employee Count: 19,000+
Industry: Travel
Work with Daxx, Top Offshore Software Development Company in Ukraine
Daxx is a Netherlands-based offshore software development company that connects businesses with vetted software developers and tech specialists in Ukraine. In about 20 years, the company has grown into an international team of 400+ professionals and has helped more than 300 clients in the Netherlands, the US, the UK, Germany, and many other countries.
What Are the Benefits of Hiring with Daxx?
- We have access to a 200,000 tech talent pool in Ukraine and only hire experts that match the requirements of our clients perfectly, regardless of whether they’re looking for a popular technology or something more niche.
- You manage your offshore developers directly using the tools and methods you love.
- We provide administrative support, take care of paperwork, payroll, and taxes so that you can focus on the work.
- You only pay when you’ve hired a developer with us. Our recruitment services are risk-free so you only get charged after you’ve made a hire.
- Working with us, you’re free to increase and decrease the size of your team with only a one month prior notice. We’ll take care of the rest.
Offshore Software Development FAQs
What Is Offshore Software Development?
Offshore software development is a common business practice within which a company delegates software development functions to a third-party vendor located abroad. Web development, mobile development, web app development, quality assurance, and project management are the most frequently delegated services.
You can use offshore software development services to:
- Fully or partially delegate software development of your project
- Hire dedicated developers who will be a remote part of your tech team
- Work with outstaffing companies to build a dedicated team of developers or a cross-functional team
One of the benefits of offshore software development is that the majority of contracts guarantee clients a 100% ownership of the final product.
What Is an Offshore Software Development Company?
An offshore software development company is a third-party vendor that performs software development functions on its side and is traditionally located in a different country than the client. Offshore development companies usually offer two models of cooperation:
Project Outsourcing
Within the project outsourcing model, the vendor staffs the project with its resources and takes responsibility for delivering the product successfully.
Outstaffing Company
Offshore development companies that use the outstaffing model help clients hire the developers that perfectly match their specific requirements and team dynamics. Within this model, the client manages the developers directly and is responsible for the delivery of the product.
What Is an Offshore Development Center?
An offshore development center is an office corporations and businesses open in order to scale their development capacity or range of services. Traditionally, offshore development centers are located in countries with large talent pools, suitable cost to quality ratios, and favorable business conditions.
About the Method
We picked the top offshore software development companies and the biggest software outsourcing companies in the world from Clutch.co, GoodFirms, Fortune 500, and a number of other listings to present the best-performing and biggest software outsourcing companies in the world.
