The software industry has witnessed an unprecedented level of globalization, primarily driven by the increased capability of developers worldwide to establish their operations and distribute products across any location. Right now, global software vendors and technology consultants face competition from companies in traditional tech hubs like Silicon Valley and emerging markets such as Buenos Aires and Cordoba. If they are not already competing, it is highly probable that they will soon be. Moreover, it is equally important for these vendors to contemplate the option of partnering with or acquiring companies from these emerging markets. Regions such as Latin America, Eastern Europe, and Asia have become hotbeds for software development and have significantly impacted the global information and communication technology market. With this idea in mind, we have compiled a list of top software development companies that provide high-quality services ranging from custom software development to team extension across 3 major emerging software markets: Latin America, Eastern Europe, and Asia. Our goal is to help you select the best partner that matches your requirements in a convenient location.
Latin America: A Rising Star Among Emerging Markets
Latin America has emerged as a significant player in the software market. Countries like Brazil, Argentina, and Mexico are witnessing rapid growth in software development and IT services. The region’s proximity to North America, coupled with a large pool of skilled professionals, makes it an attractive outsourcing destination. Some of the top software development companies in this emerging software market include:
Gorilla Logic
Gorilla Logic is a prominent software development firm in Latin America, boasting a worldwide team of approximately 4,000 skilled professionals. They specialize in providing staff augmentation and software development solutions for various industries, including healthcare, fintech, education, media, and others. The company offers an extensive array of services encompassing web development, cloud consulting, Big Data consulting, and more.
Waverley Software
With over 30 years of experience, Waverley Software stands as a highly experienced software development company in Latin America. They have established strong partnerships with clients from diverse industries. Leveraging cutting-edge technologies such as IoT, AI and Machine Learning, Cloud, and others, Waverley Software excels at delivering creative and forward-thinking solutions to their clients. Their primary areas of expertise lie in the financial services, education, and healthcare sectors.
Pentalog
The company offers an extensive array of services encompassing IT staff augmentation, custom software development, e-commerce development, web development, UX/UI design, digital innovation, testing, marketing automation, security, DevOps, and various others. As a significant player in the software development industry in Latin America, Pentalog possesses a vast talent pool capable of meeting your specific requirements. It is also necessary to mention that software development companies from all around the world enter the LatAm market expanding their talent outreach. For instance, Avenga has purchased an Argentinian company IncluIT to strengthen its presence in the region and access the new emerging markets outsourcing. This is a common trend, especially among European software development giants as more and more businesses realize the value of Latin American talent.
Eastern Europe: A Hub of Technical Excellence
Eastern European countries, including Ukraine, Poland, and Romania, have earned a reputation for their technical expertise and innovation. These nations boast a highly educated workforce and a strong focus on STEM education. Businesses from developed countries are drawn to Eastern Europe due to its competitive pricing, strong work ethics, and proximity to major European markets. There are hundreds of software development companies in each Eastern European country, and here are the top ones.
Nearshorefriends
Nearshorefriends has been delivering high-quality software development services to clients worldwide since 2016. This is an internationally recognized company with German-US roots, specializing in IT Nearshoring and Offshoring services for clients worldwide. Nearshorefriends offers an extensive presence across the USA, Bulgaria, Tunisia, Portugal, and Ukraine, while maintaining a family-like atmosphere. The team is committed to delivering exceptional service based on the skills of its talented engineers, consultants, and IT professionals.
Avenga
Avenga is a European software development company that provides a wide range of services in both emerging markets and developed countries. The team offers technology consulting, solution engineering, software maintenance, and staffing services. The company expands rapidly and spreads its presence across Europe and Latin America. Working with such a partner, you can choose between developed markets vs emerging markets when selecting the right location to outsource to. Avenga works with Cloud, Data and AI, Salesforce, and other types of technologies that revolutionize the markets and strengthen businesses.
Future Processing
Operating across Poland, Ukraine, Germany, and Switzerland, this nearshore development company specializes in delivering customized solutions to small and mid-sized businesses. Their team of professionals excels in various areas, including product design, IT security, Cloud services, AI and Machine Learning, and a host of other services. Additionally, their nearshore software developers possess extensive proficiency in Microsoft tech stack, Java, PHP, C++, and NodeJS. With a primary focus on the finance, healthcare, transportation, and manufacturing sectors, this nearshore software outsourcing company develops tailored solutions catered to the specific needs of these industries.
Asia: The Powerhouse of Software Development
Asia has become synonymous with software development prowess, thanks to countries like India and China. India, in particular, has become a global leader in IT outsourcing, offering a vast talent pool, favorable cost structures, and a mature outsourcing ecosystem. China’s rise as a tech powerhouse and Vietnam’s emergence as a popular outsourcing destination further solidify Asia’s position in the global software market. Businesses from developed countries tap into this region’s capabilities to scale their operations, reduce costs, and gain access to specialized skills. Here are some of the top companies in the region:
ODS Group
ODS Group was founded to assist businesses in the United States and Singapore in sourcing skilled developers for their projects. As the leading software development company in Asia, ODS Group maintains an extensive talent pool, yet remains committed to recruiting only the most qualified individuals for their projects. The team offers such services as mobile development, web development, offshore staffing, staff augmentation, and more.
KMS Technologies
KMS Technologies, a renowned software outsourcing company based in Vietnam, stands as a multinational firm specializing in development and testing. Serving enterprises of all sizes worldwide, KMS Technologies operates from its headquarters in Atlanta, Georgia (USA), California, and Vietnam. The company offers a diverse range of services, including mobile app development, cloud migration, and software creation.
Pixel Crayons
With its establishment in 2004, Pixel Crayons has successfully catered to hundreds of clients hailing from 38 different countries. Boasting a remarkable team of over 450 talented and committed professionals, including UX/UI designers, developers, business analysts, and architects, this company consistently delivers excellence. Pixel Crayons provide such services as IT staff augmentation services and offshore software development services.
Final Thoughts
The rise of emerging software markets in Latin America, Eastern Europe, and Asia has transformed the global ICT market. Companies from developed countries are increasingly outsourcing their operations to these regions to harness the benefits of cost savings, access to talent, and enhanced scalability. As the software industry continues to evolve, these emerging markets will continue to play a pivotal role in driving innovation and shaping the future of the global ICT landscape. By embracing the opportunities presented by these markets, businesses can gain a competitive edge and propel their growth in this dynamic and interconnected world.
