NearShore

Nearshore outsourcing stands for cooperation in the development of IT applications or standard software between a customer and a foreign IT services provider that shows language, culture or knowledge proximities and that is able to ensure significant reduction of total cost connected with the performance of IT projects.

Czech IT Excellence

The region of Central and Eastern Europe taking third place after India and China in offshore outsourcing recently with political stability, government commitment to the industry, highly skilled labor force.

The Czech Republic has become a popular destination for European companies seeking the economic advantages of outsourcing while remaining in a nearshore environment culturally. The Czech Republic is the meeting place of several Central European cultures, and a recent study found that 70% of Czechs are able to speak a foreign language such as English or German.

Global Outsourcing Report 2005 by CIO Insight, A.T.Kearney Offshore Location Attractiveness Index 2004 and The Economist Intelligence Unit's CEO Briefing Offshoring Rankings 2005 have one major finding in common: they place the Czech Republic as the most attractive European outsourcing destination.