The effects of globalised markets on IT services have led many companies in the sector to rely increasingly on offshore activities. This trend is driven primarily by economic savings, an aspect which cannot, of course, be ignored or underestimated in today’s economy.
While India is the country with the longest tradition of offering low cost, high quality offshore services, other countries such as China and Korea are now following its example.
But while keeping costs truly low, these locations also involve difficulties linked with long distances, cultural differences, time differences, language, etc.
In the course of the rapid growth that has transformed it from an IT company to an IT-related global services company, the FINCONS GROUP could not fail to take advantage of this additional opportunity, opting for a nearshore solution.
Under this strategy the Group decided to set up a subsidiary in central Bucharest (Romania), E.S.F. European Software Factory: 100% owned by FINCONS GROUP AG and concerned entirely with nearshore work.
In its modern 500 square metre premises, the company now employs about a hundred people organised into Competence Centres, a form of organisation promoting specialisation in a number of technologies ranging from Java and .Net to all their derivates (websphere, struts, hibernate, flash, etc.).
What makes this company truly interesting and strategic is not only the low cost of IT labour but also the possibility of working with a culture that is more similar to Italian culture, with only a minimal time difference, high productivity and highly qualified human resources.
A close relationship with the University of Bucharest, which guarantees excellent quality in scientific education, gives the FINCONS GROUP access to new and better resources all the time and has also lead to the establishment of a “Permanent Training Centre” focusing primarily on training of SAP consultants.
While most IT companies outsource tasks solely for economic reasons, the FINCONS GROUP understood right away that nearshoring was to be considered not only a cost-saving measure but as a broader approach permitting redesigning of the delivery process and optimisation of structures and resources. This is why the FINCONS GROUP’s model aims to help customers focus on value and manage to cut the cost of developing complex systems with the aid of qualified people who are capable of anticipating problems and quickly coming up with solutions, including custom solutions where required.
In this context the FINCONS GROUP can count on a number of different teams of local specialists, divided according to their technological skills, to whom to entrust various different stages in the development of new projects, and take over proprietary and third-party systems developed over the years, managing and optimising them. Italian project managers are in charge of overseeing the project and activities involving ongoing interaction with customers.
This ensures that in the meantime the customer’s company can dedicate its energy to more strategic tasks and to planning and development of new systems on innovative platforms in specific business sectors: areas in which valid support is offered by FINCONS GROUP consultants.
By making Nearshoring an integral, strategic part of the services it offers, the FINCONS GROUP now not only guarantees top quality IT solutions at decidedly competitive prices but dispels the fears that often prevent customers from outsourcing their systems, such as the fear of losing control over an IT area or over strategic data, or of ending up with a poor quality solution.
By responding to the needs of customers who are increasingly aware and reactive to change and providing support for top management decision-making, the FINCONS GROUP has demonstrated that cost is not the only factor differentiating different players: quality and added value make the difference, focusing on technologically complex solutions while at the same time guaranteeing a thorough understanding of processes.