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In this article, I will delve into whether artificial intelligence (AI), particularly the emergence of tools like generative AI (GenAI), will replace classical software outsourcing as we know it.

AI vs software outsourcing: An opportunity or a threat?

Computer Weekly

The AEV is 39 feet long and 13 feet high, and provides hands-on experience with video surveillance, analytics and artificial intelligence software. “This is a way to get it out to the public ...

Locally based security company shows off latest in tech, security software

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Characteristic 20 million to 50 million U.S. dollars 200.1 million to 300 million U.S. dollars

Cross-border e-commerce companies using tax software 2022, by revenue range

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PARIS--(BUSINESS WIRE)--FPT Software has recently been listed in the Top 100 ICT Companies in France. This milestone highlights the global IT company's position in the market, as well as its ...

FPT Software Enters Top 100 ICT Companies in France

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FPT Software has recently been listed in the Top 100 ICT Companies in France. This milestone highlights the global IT company's position in the market, as well as its commitment to delivering ...

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Our team of computer vision developers develops custom image and video analysis software for machine vision and computer vision systems. We build computer vision software that can perform multiple tasks, including face analysis, real-time gesture and ...

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said Austin Smith, CEO of Watchman Security in Indianapolis. Smith says his company is using gun detection software powered by artificial intelligence. The goal is to intercept crime before it ...

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The FinTech industry is a fast-moving train, and the one who joins early will be the winner. The market, evaluated at around is developing at a CAGR of 20%+ and is expected to exceed $699 billion by 2030. So, it’s definitely a worthy investment for companies related to finance and a must-follow trend in the coming years. , $110 billion in 2020 Strategic partnerships play a huge role in this sphere, as you can’t succeed without a reliable, experienced provider of financial software development services. Such companies bridge your business ideas and working products, making the project fail or fly. Picking a dependable partner is necessary if you plan to get a fair share of the lucrative FinTech industry revenues with cutting-edge digital products. Parameters for Top FinTech development companies selection When choosing a FinTech development company to work with, you should focus on a set of key quality parameters and make an unbiased choice based on that information. I recommend focusing on the following: Experience. A young firm can have talented, energetic staff and deliver stellar services, but the experience is still precious in the FinTech sector. So, I recommend working with FinTech software development companies that already have a couple of successful projects under their belt, enjoy high rates on reliable review platforms such as Clutch.co, have positive client testimonials, and work with top-rated FinTechs. Domain-specific expertise. A team with in-depth expertise can help you make vital decisions in terms of the underlying technology, core features, and the overall development process. During the expertise assessment, you should check the number of completed FinTech projects, the availability of FinTech services, and the presence of additional support like DevOps-as-a-Service, Security Audits, and Business Process Improvement Advisory. Tech stack. The team of your chosen FinTech company should possess varied skills and mastery of different software tools and frameworks. You never know what additional tech needs will arise in the work process, so your chosen team should be ready to manage the tasks of any tech complexity. Analyze what technologies they work with, what expertise in third-party system integration they have, and what technical partners they work with. Reputation. Don’t expect good service from a company with a notorious online reputation. It’s vital to check your candidate company’s online reviews. You may also contact a couple of its previous clients to get first-hand testimonials from somebody who has already worked with the firm and analyze the customer return rate to understand whether customers are generally satisfied with the service. I’ve done the legwork for you to pick the Top-10 providers for 2023 and beyond. The FinTech developers meet the following criteria: Relevant expertise in the FinTech industry. A positive online reputation across reputable review websites and tech ratings. A solid presence in the FinTech market. A broad tech stack that covers various FinTech technologies and tools. Let’s move on and see who’s worth your attention and who can provide state-of-the-art FinTech solutions for your business. Top 10 FinTech development companies to work with in 2023 Here are the top 10 providers I’ve hand-picked for your close consideration based on their positive track record and reliable services. 1. RNDpoint RNDpoint is a go-to provider of FinTech development services. The company delivers full-cycle development services in the Fintech industry and has a large team of 250+ software experts on board. This financial services provider has established many long-term partnerships with FinTech businesses, banks, and lending organizations. Its major specialization is banking software automation and digital transformation of financial entities. The provider currently has five offices in Western Europe and the USA, building a genuinely international presence in the global financial sector. It’s a must-try option in the FinTech software development market, given the large international team capacity and a broad international partnership network. 2014 Year of foundation: Services: Trading and Wealth Management platforms Loan Origination Systems and Scoring solutions Payment Processing software Mobile Banking and eWallet apps BNPL and Loyalty Management platforms KYC / AML and Fraud Detection solutions DevOps-as-a-Service Security Audits Business Process Improvement Advisory 4.9 Clutch.co rating score: FICO, Breaking Equity, Loop Wallet, Danske Bank, First Abu Dhabi Bank, Teradata Major clients: Website: rndpoint.com 2. 4IRE 4IRE - is a Swedish-Ukrainian software development outsourcing provider with a large team of top-rated developers with an innovative mindset. The company has been in the DeFi/FinTech market for 12+ years and has become a significant player in the FinTech revolution. Among its key achievements, one can name the Substrate Delivery Partners membership, 16 awards for FinTech innovation, and a large team of 250+ engineers available for hire. 4IRE has been at the forefront of FinTech development in Europe. This Fintech development firm is also an official NEAR integrator, assisting companies worldwide in the transition to blockchain functionality for better performance. 2009 Year of foundation: Services: Blockchain Development Green Finance Development Crypto Marketing DeFi Development Fintech Solutions Development Banking Software Development NFT/P2E Development 4.7 Clutch.co rating score: Stockholm Green Digital Finance, Stockholm Sustainable Finance Center, Innobridge Major clients: Website: 4irelabs.com 3. Praxent Praxent provides FinTech UX design and engineering solutions to financial organizations targeting digital transformation. The company has been on the market since 2000, with its founder, Tim Hamilton, paving his way into software development. Today, the company boasts a huge portfolio of 300+ finished projects and 100+ team members on board. Clients may choose from US-based or LATAM-based coders to compile their project teams. With 15+ years of industry experience and a large team of FinTech-specialized designers and developers, Praxent can become your go-to provider of robust business solutions in the FinTech sphere. 2000 Year of foundation: Services: UX/UI design Web app development Mobile app development Front-end and back-end solutions Web portal development 4.8 Clutch.co rating score: OpenLending, Dimensional, Meriwest, Synctera Major clients: Website: https://praxent.com/ 4. Itexus Itexus is an international FinTech development agency with an international outreach and physical presence in the USA, Australia, and Poland. It was founded by talented developers and business analysts and has completed 220+ projects since then. The company has custom-tailored solutions for companies of all scales and sizes, from startups to large corporations. It may become a reliable provider of FinTech solutions with a forward-thinking approach and a team of seasoned experts on board. The Itexus team possesses in-depth industry expertise in numerous domains covering sports and lifestyle, education, real estate, manufacturing, entertainment, and travel. 2013 Year of foundation: Services: FinTech development and consulting Insurance software development Banking process automation Healthcare and telemedicine solutions Mobile and web apps DevOps UX/UI design Machine learning Solution discovery Booking app development 4.9 Clutch.co rating score: Mango, McDonald’s, Stella & Dot, DigiRealty Major clients: Website: https://itexus.com 5. Softjourn Softjourn positions itself as a full-cycle consulting and software development company with finance, media, and entertainment expertise. The company also has a strong business focus on ticketing. Thus, you can easily find relevant talent and vital business insights into your new FinTech project at Softjourn. Softjourn currently works with companies of all sizes, from startups to Fortune 100 members, and has 300+ employees on the team. It is present in 30+ countries and has partnered with top industry players over 17 years of its operations. 2001 Year of foundation: Services: FinTech & software consulting Payment processing software Expense management systems Prepaid cards solutions Remittance software Code audit API development 4.8 Clutch.co rating score: Vendini, Ticketmaster, Live Nation Major clients: Website: https://softjourn.com/ 6. HatchWorks HatchWorks has integrated US-based and nearshore agile teams ready to deliver top-notch software solutions to clients. The provider has US offices in Atlanta, Chicago, Dallas, and Washington and a set of regional branches in Costa Rica, Colombia, and Peru, providing outstaffing solutions to close tech stack gaps and help these industry leaders advance in FinTech development. You can also try its flexible services to build outstanding FinTech software with seasoned industry experts. 2016 Year of foundation: Services: Product design Software development Data Analytics Technology consulting Product fundamentals 4.9 Clutch.co rating score: Fleetcor, Recruitics, Charter Communications, NV5, Anthem, myFloc Major clients: Website: https://hatchworks.com/ 7. SPD Group SPD Group is a software product development company with a strong focus on FinTech. It has 17+ years of market presence and a wide network of branches in Eastern Europe. The provider’s headquarters are in the UK. Its vast experience and broad project portfolio make SPD Group ideal for delegating complex, large-scale FinTech projects requiring top talent and cutting-edge technology use. SPD Group delivers web and mobile dev services and provides dedicated teams of developers. You can follow their lead and work with the company’s expert dev team on your next FinTech project. 2006 Year of foundation: Services: Full-cycle custom software development Enterprise-grade software solutions AI/ML development Software unification and orchestration Legacy software modernization 4.8 Clutch.co rating score: Roche, Morningstar, PitchBook, SpaceNeedle Major clients: Website: https://spd.group/ 8. 10Clouds 10Clouds has been for 10+ years in the FinTech dev market. The company can deliver top-quality consulting and development services on demand. This Poland-based company has offices in Warsaw,  Poznan, Wroclaw, and Novi (the USA), and caters to a wide network of international businesses. The company currently has 200+ tech experts and consultants on board, so you can create stellar blockchain-based FinTech products with its help. 10Clouds has collaborated with top FinTech market players, so its reputation speaks in favor of using this trusted provider’s services for superior outcomes. 2009 Year of foundation: Services: Web & Mobile apps development Web design, production design, and illustrations UX design FinTech solutions development ML solutions development Blockchain-based products development DevOps and MLOps 4.9 Clutch.co rating score: TrustStamp, Aleph Zero, Forbes, Omise Major clients: Website: https://10clouds.com/ 9. Code & Pepper Code & Pepper is a well-known Poland-headquartered provider of top-tier FinTech products for mobile, web, and cross-platform use. The company used to be a small dev agency with proprietary SaaS software at first, but then its management adopted a strategic FinTech focus. Thus, it has quickly grown into a FinTech software developer serving dozens of clients across Europe and worldwide. Code & Pepper has many positive reviews on Clutch.co, has won a Forbes award in 2022, and received an honorable mention on Awwwards. Its team’s talent is not under question. The company is a tried and tested variant for FinTech software development. 2006 Year of foundation: Services: FinTech and banking apps development Wealth management software Insurance solutions development Lending software development Law & Legal software development Open Banking development Digital transformation 4.6 Clutch.co rating score: DirectD, Finbourne, Smart Pension Major clients: Website: https://codeandpepper.com/ 10. UppLabs UppLabs has been on the FinTech dev market since 2014 and has completed over 150 projects since the company’s foundation. The provider currently specializes in FinTech technology, focusing on healthcare and real estate software. You can get professional consulting and development services at UppsLabs, as the company’s expertise covers a broad array of technologies, including .NET, Python, Node.js, Vue.js, Java, SWIFT, and Kotlin. Over time, it has partnered with many frontline FinTechs to contribute to their innovation and help them transform their IT infrastructures. According to client reviews, working with UppLabs is a rewarding experience with impressive outcomes. Year of foundation: 2014 Services: Fintech web and mobile development Money transactions platform engineering Online trading and exchange platform engineering AI-based Fintech solutions Payment systems integration and optimization Existing services maintenance and modernization Custom IT solutions for financial business Custom IT solutions for financial business\ 4.9 Clutch.co rating score: CBInsights, Distributed Lab, RevTech Labs Major clients: Website: https://upplabs.com/ Conclusion There are the Top-10 performers in the FinTech sector to work with in 2023. Feel free to pick any financial software development company from the list above to get top-quality solutions from experienced pros. Don’t leave your FinTech projects to chance, as the market is very competitive, and only feature-rich, functional, and user-friendly solutions can win the demanding, tech-savvy users’ hearts and create a stable source of revenue for your business. Entrust your next FinTech project to experts to avoid risks, uncertainty, or double costs of mediocre development.

Top FinTech Development Companies in 2023

Top Software Development Companies 2022 That Are Growing Fast

Get to know the top software outsourcing company and 29 more runners-up in this latest market research by Explority. Last year, the global outsourcing market at 85.6 billion US dollars. A notable part of this market, outsourcing software development is not subsiding either. was valued at The reasons behind this upward trend are understandable: according to the , businesses turn to outsourcing as it brings cost optimization and makes them more agile, efficient, and effective. Deloitte Global Outsourcing Survey 2018 With the growing popularity of outsourcing as a service, hundreds of IT companies started positioning it as one of their core capabilities and strengths. But do all of these firms prove to be so skilled in delivering outsourcing software development? To help you define who’s who in today’s outsourcing market, we have assembled the list of the most trustworthy vendors ready to handle software development, UI/UX design, and disruptive technologies. To make the list objective, we ranked the companies according to the following criteria: technological strength ability to ensure project security focus on innovation diversity and complexity of completed projects geographical flexibility Below, we present 30 outsourcing software development companies that have showed the highest scores in these criteria over the last 12 months. 1. Iflexion Founded in 1999, Iflexion houses 850+ experts in outsourcing software development, integration, business analysis, QA, and project management. Iflexion delivers such services as custom software development for end business users, product development, and DevOps enablement, among others. The company also provides dedicated development teams and is ready to boost their software solutions with emerging technologies like AI, AR, and big data, should the project require it. Iflexion has worked with such market giants as Philips, Expedia, Toyota, and adidas, with more than 1,500 completed projects for clients in 30+ countries overall. Location: Denver, CO Founded: 1999 Major Clients: Google, eBay, PayPal, Philips, Expedia, Toyota, adidas Number of Employees: 50-249 Industry Presence: IT, Hospitality, Retail, Media, Finance Website: https://www.iflexion.com/ 2. 10Pearls With more than 350 mobile developers, software developers, designers, and researchers worldwide, 10Pearls augments businesses’ capabilities with their technological expertise. 10Pearls creates applications driven by such emerging technologies as artificial intelligence, blockchain, and augmented reality. Location: Vienna, VA Founded: 2004 Major Clients: National Geographic, Johnson & Johnson, AARP, Nextel Number of Employees: 250-999 Industry Presence: Healthcare, Media, Finance, Transportation Website: https://10pearls.com/ 3. Orases Since 2000, Orases has been delivering strategy, branding, interface design, and full-stack outsourcing software development to more than 750 clients from ten countries all around the world. The company expertizes in building products to be integrated with other systems: ERP, CRM, EMR, and others. Orases also delivers branding services, including brand, communication and social media strategies. Location: Frederick, MD Founded: 2000 Major Clients: NFL, Johns Hopkins University, Frederick County Bank, Major League Baseball Number of Employees: 10-49 Industry Presence: Healthcare, Finance, Sports Website: https://orases.com/ 4. Trigent Software US-based Trigent Software has been providing outsourcing software development  since 1995. The company delivers consulting, design, and development across cloud, mobility, business intelligence, product engineering, and emerging tech domains. Over the years, the company have designed more than 400 products adopted in large and small enterprises alike. Location: Fayville, MA Founded: 1995 Major Clients: Navistar, NEPC, Honeywell, Hewlett-Packard, American Heart Association Number of Employees: 250-999 Industry Presence: Finance, Healthcare, IT, Education, Transportation Website: https://www.trigent.com/ 5. Spiria Spiria is a Canadian custom software development company that has been delivering outsourcing software development for more than 15 years. Spiria offers web, mobile and UX/UI design development. Spiria specializes in user-friendly and responsive websites, from ecommerce stores to secure intranets. The company also delivers embedded systems, IoT solutions, and M2M solutions. Location: Montreal, Canada Founded: 2003 Major Clients: Autodesk, Shutterstock, Disney, Paymi, DogWatch, Evenko Number of Employees: 50-249 Industry Presence: IT, Education, Manufacturing Website: https://www.spiria.com/ 6. Fingent With an active client base across four continents and 250+ specialists on board, Fingent remains a competitive outsourcing software development company for over 15 years. They offer enterprise software development, web application development, data analytics, and digital transformation consulting. Location: White Plains, NY Founded: 2003 Major Clients: Sony, Johnson & Johnson, University of North Carolina, PwC, CBN Number of Employees: 50-249 Industry Presence: Transportation, Real Estate, Finance Website: https://www.fingent.com/ 7. STX Next Poland-based STX Next has 170+ Python, React Native, JavaScript, Android, iOS, and full-stack developers ready to take up outsourcing software development. The company also offers product design and software testing. STX Next offers end-to-end development, team extension, and project takeover. It also works with startups, helping them enter the market and scale throughout product lifecycles. Location: Poznań, Poland Founded: 2005 Major Clients: Seerene, Verve, Pixomondo, Unity, Lamden Number of Employees: 250-999 Industry Presence: Finance, IT, Real Estate Website: https://stxnext.com/ 8. Praxent Operating for more than 20 years, Praxent has delivered more than 300 software solutions in the areas of mobile and web applications development, web portals, and legacy software modernization. Besides, Praxent offers human-centered design development, branding, and rapid prototyping. Location: Austin, TX Founded: 2000 Major Clients: Cisco, Kinder Morgan, Sysco, World Market, Flex, Keller Williams Number of Employees: 50-249 Industry Presence: Finance, Healthcare, IT Website: https://praxent.com/ 9. The Software House With 129 specialists on board and 150+ successfully delivered projects, The Software House offers the following services in the niche of outsourcing software development: web and mobile development, digital product design, QA, and DevOps services. The Software House’s technological expertise includes React, Node.js, Angular, iOS, Android, and React Native. Location: Gliwice, Poland Founded: 2012 Major Clients: Smartum, Synerise, eSky Number of Employees: 50-249 Industry Presence: Finance, Manufacturing, Healthcare Website: https://tsh.io/ 10. AgileEngine Over the past nine years, AgileEngine has delivered more than 70 projects in outsourcing software development, including risk modeling and case management software, tracking platforms, and BI tools. Besides UI, web, mobile, and enterprise software development, AgileEngine provides QA services that include load, stress, performance, security, and usability testing. Location: McLean, VA Founded: 2010 Major Clients: Needles, Logi Analytics, Farmers Edge, LivingSocial Number of Employees: 250-999 Industry Presence: IT, Healthcare Website: https://agileengine.com/ 11. Highland Solutions Established in 1999, Highland Solutions is a Chicago-based custom software development company that engineers and integrates web and mobile applications, multi-tenant custom platforms, and CRM systems. Highland Solutions also offers development of OutSystems low-code platforms that automate time-consuming and monotonous manual tasks. Location: Chicago, IL Founded: 1999 Major Clients: Thrivent Financial, The Delta Institute, Morton Arboretum, Creative Group, Harvard University Health Services Number of Employees: 10-49 Industry Presence: Finance, Manufacturing, Education, Healthcare, IT Website: https://highlandsolutions.com/ 12. Merixstudio Since 1999, Merixstudio has provided outsourcing software development to more than 200 customers from a variety of market segments. The software development company specializes in web development, Python programming, frontend development, React Native mobile development, and UX/UI design. Location: Poznań, Poland Founded: 1999 Major Clients: Fox, The Independent, DFJ, Divio Number of Employees: 50-249 Industry Presence: Finance, Education, Real Estate, Sport Website: https://www.merixstudio.com/ 13. Caxy Interactive Serving outsourcing software development from its Chicago-based office, Caxy Interactive expertizes in Drupal, JavaScript, and Python development, ecommerce solutions, and machine learning. The software development company also offers strategy development and Agile consulting services. Besides, Caxy Interactive takes up UX and web design projects. Location: Chicago, IL Founded: 1999 Major Clients: International Code Council, The Field Museum, Rush University Medical Center, Uptake Technologies Number of Employees: 10-49 Industry Presence: Finance, Education, Manufacturing, IT Website: https://www.caxy.com/ 14. Boldare Founded in 2004, Boldare was formed after a merger of two software development companies, XSolve and Chilid. So far, the company’s team of 130+ technological experts have delivered 250+ projects. Boldare provides full-cycle outsourcing software development, prototyping, and design. It also offers digital transformation services. Location: Gliwice, Poland Founded: 2004 Major Clients: BlaBlaCar, Sonnen, Takamol, Holiday Taxis, Agnito Number of Employees: 50-249 Industry Presence: Energy, Media, Ecommerce, Healthcare Website: https://www.boldare.com/ 15. MojoTech US-located MojoTech outsourcing software development and engineering, UX/UI design, and digital transformation services. Besides, the company mentors their clients’ in-house IT teams. For more than 11 years of their market presence, MojoTech’s team of 65 delivered 150+ software development projects. Location: Providence, RI Founded: 2008 Major Clients: AccuWeather, Aetna, Groove, Blue Cross Blue Shield, United Way Number of Employees: 10-49 Industry Presence: Finance, Consumer Services, IT Website: https://www.mojotech.com/ 16. ClearSummit ClearSummit is a software development company offering mobile and web app development, frontend and backend development, and UI/UX design. The company also offers discovery and technical advisory consultations. Additionally, ClearSummit offers software maintenance and support services to help clients fix bugs and upgrade their systems. Location: Marina del Rey, CA Founded: 2014 Major Clients: Belkin, TuneRegistry, SCH Travel, Musea Number of Employees: 10-49 Industry Presence: Consumer Services, IT, Media, Real Estate Website: http://clearsumm.it 17. Future Processing Established in 2000, Future Processing have delivered 500 solutions to 150+ clients from all over the world. The company’s expertise in outsourcing software development includes software development and consulting using .NET, Java, React, Angular, and other programming languages. The software development company brings to its clients such emerging technologies as AI, blockchain, and big data analytics, and delivers software audit and business intelligence setup. Location: Gliwice, Poland Founded: 2000 Major Clients: Tenneco, Ista, Valeo, TechSoup, Thomas Miller Number of Employees: 250-999 Industry Presence: Finance, Healthcare, Transportation, Real Estate Website: https://www.future-processing.com/ 18. Moove It Being a leading outsourcing software development company, Moove It offers product discovery, web and mobile apps development, testing automation, as well as digital transformation services. Besides these, the company provides technological and Agile coaching. Location: Austin, TX Founded: 2006 Major Clients: Unilever, Verifone, Disney, Sierra Wireless Number of Employees: 50-249 Industry Presence: Consumer Services, Education, Finance, Healthcare, IT Website: https://moove-it.com/ 19. iTexico Since its inception in 2010, iTexico has been delivering UI/UX design, software engineering, QA, mobile and cloud development from its six US-based offices. To make their outsourcing software development as efficient as possible, iTexico follows Agile, DevOps, and Lean methodologies. Location: Austin, TX Founded: 2010 Major Clients: Undisclosed Number of Employees: 50-249 Industry Presence: IT, Healthcare, Manufacturing Website: https://www.itexico.com/ 20. Django Stars European company Django Stars has been delivering its software solutions for almost 11 years. The company offers web and mobile app development, design, and QA. Django Stars also expertizes in data science, data architecture, intelligent chatbots, and big data analytics. The company’s core strength is in its Python development expertise: Django Stars promises to create any type of product using this programming language. Location: Kiev, Ukraine Founded: 2008 Major Clients: MoneyPark, Sindeo, Molo Finance, Clear Minds Number of Employees: 50-249 Industry Presence: Finance, Transportation, Healthcare, Real Estate, Hospitality Website: https://djangostars.com 21. Spire Digital US-based Spire Digital boasts 300+ products launched and 600+ clients served to an overall 98% satisfaction rate. The company delivers digital transformation, Agile process optimization, CX research, data science consulting, and lean product development. Besides all of these and expertise in AI, blockchain, and IoT, Spire Digital offers digital marketing strategy development. Location: Denver, CO Founded: 1998 Major Clients: TomTom, Lockheed Martin, US Navy, Helix, Western Union Number of Employees: 50-249 Industry Presence: Education, Finance, Healthcare, Ecommerce Website: https://www.spiredigital.com/ 22. KitelyTech Delivering to clients of all sizes, including startups and Fortune 500 companies, KitelyTech offers web and mobile app design, ecommerce solutions, data analytics consulting, QA, and more. The company offers SEO services as well. Among the emerging technologies that KitelyTech is offering, there are AI, blockchain, and AR. Location: Chicago, IL Founded: 2009 Major Clients: Karrot Health, Plastic Surgery Clinic of Chicago, Olympus, J.P. McMahon Number of Employees: 50-249 Industry Presence: Healthcare, IT, Transportation Website: https://kitelytech.com/ 23. Table XI US-based Table XI has been a trusted supplier of outsourcing software development for over 16 years. The company provides digital strategy and product design, along with mobile and custom web development. So far, the company have joined forces with at least 100 global clients. Location: Chicago, IL Founded: 2002 Major Clients: Dept. of Medicine of the Northwestern University, Journal for the American Medical Association, AccuWeather, Dickson Number of Employees: 10-49 Industry Presence: Healthcare, Manufacturing, Education Website: https://www.tablexi.com/ 24. Syberry Having a 94% client retention rate, Syberry serves at least 20 industries in the US alone. The company provides a whole range of services, including custom software development, QA, business analysis, and technology consulting. Syberry’s expertise also includes cloud, ERP, SaaS, big data, blockchain, and IoT. Location: Austin, TX Founded: 2014 Major Clients: Bombardier, PayPal, Disney, Shell, Livestream Number of Employees: 50-249 Industry Presence: Finance, Healthcare, Retail, Education, Energy, Transportation Website: https://www.syberry.com/ 25. Vincit California Vincit California is a 400+ employee company engineering mobile apps, web portals, and embedded systems. Besides, Vincit offers UX/UI design. The company has seven offices around the world, which makes it specifically fit for global software development outsourcing. Location: Irvine, CA Founded: 2007 Major Clients: Nokia, Logitech, Yamaha, Roadtrip Nation, Sigora, Fastems Number of Employees: 250-999 Industry Presence: IT, Finance, Telecommunications Website: https://www.vincit.com/ 26. Napoleon IT UK-located DCSL offers outsourcing software development, software and hardware integration, IT consulting, and ongoing system support. The company’s other services include team augmentation, data migration, legacy software modernization, and others. Location: Reston, VA Founded: 2011 Major Clients: Unilever, Severstal, Russian Railways, Yamaha Number of Employees: 50-249 Industry Presence: Retail, Ecommerce, Healthcare, Consumer Services Website: https://napoleonit.com/ 27. DCSL Software UK-located DCSL offers software development, software and hardware integration, IT consulting, and ongoing system support. The company’s other services include team augmentation, data migration, legacy software modernization, and others. Location: London, United Kingdom Founded: 1994 Major Clients: WaterAid, Mitsubishi, Hospify, Abbott, Lidl, Pearson Number of Employees: 50-249 Industry Presence: Healthcare, Education, Manufacturing, Real Estate, IT Website: https://www.dcslsoftware.com/ 28. DockYard Since 2010, DockYard has been delivering product strategy, UX, digital design, software development, software support, and maintenance services. DockYard also provides QA and testing, team augmentation, and business analysis. Location: Boston, MA Founded: 2010 Major Clients: Netflix, Apple, NASDAQ, Zipcar, Fidelity Investments, Harvard University Number of Employees: 50-249 Industry Presence: IT, Transportation, Education Website: https://dockyard.com 29. SoftwareMill SoftwareMill helps its clients tackle IT challenges with outsourcing software development, data science, system integration, and analytics. The company delivers enterprise solutions, UI/UX design, mobile and web applications, and DevOps integration. Location: Warsaw, Poland Founded: 2009 Major Clients: Tipser, Knip, Flexys Number of Employees: 50-249 Industry Presence: Finance, IT, Energy, Ecommerce Website: https://softwaremill.com/ 30. Tivix Specializing in Agile development of cloud-connected web and mobile applications, Tivix is a US-based company housing 65+ experienced developers across six offices worldwide. The company’s expertise in outsourcing software development includes API, database, Django, Angular, and React development. Location: San Francisco, CA Founded: 2008 Major Clients: Apple, Tesla, SolarCity, Zoetis, VMware Number of Employees: 50-249 Industry Presence: Finance, IT, Consumer Services, Healthcare What Does the Future Hold for Outsourcing Software Development Companies? As time passes and businesses start looking for new technologies such as cognitive computing and RPA, some of these vendors can start lagging or cease delivering outsourcing at all. To keep the listing current and help you keep tabs on in this ever-changing market, we’ll continue monitoring the best outsourcing software companies. Stay tuned. ) (Find out more about Explority and our ranking methodology, click here and here

Top 30 Outsourcing Software Development Companies in 2020

This article outlines the five factors most critical to the success of remote, diverse development teams. Each factor is both a challenge and an opportunity for developers and leaders. For the past 9 years, I’ve worked as a remote developer with clients from Europe, North America and Asia. I’ve served alongside teams of developers from all over the world, with some teams representing more than 20 different countries. I love working on cross-cultural, remote development teams. While challenging, I’ve found that with the right perspective and some practical adjustments, these teams can develop as much, if not greater, trust, communication and productivity as traditional teams. Better Business with Remote, Multicultural Development Teams While developers definitely benefit from healthy remote-team experiences, they aren’t the sole beneficiaries. , a 2018 report by McKinsey & Company, reveals early insight into the competitive advantage that diversity and inclusion can offer businesses. The authors hypothesize that companies who embrace greater diversity are able to make better decisions, find top talent, better empathize with customers and facilitate greater employee satisfaction. Delivering through Diversity From my own observations, I’ve discovered that businesses who build teams of remote developers experience a variety of positive results: Remote teams can be more productive than traditional teams. As a result, their clients often experience time savings during development. Culturally diverse teams tend to think more strategically and objectively than homogenous ones. As a result, the products they develop deliver greater financial results for their clients. Rather than creating developer-driven products, diverse teams tend to press into user demands, creating sensitive human-centered solutions. Remote, multicultural teams will face challenges that can make or break them. Achieving results requires support and awareness from both leaders and developers. I’ve found the following five factors most critically impact the success of cross-cultural, remote teams. 1. Thoughtful Communication Excellent communication is an essential skill for any developer; but on remote, cross-cultural teams, it is even more critical. Team members are forced to think through exactly what they mean and communicate it more clearly and explicitly than they otherwise would. Given a healthy environment, I’ve found that developers on cross-cultural teams often become better communicators -- every email or instant message requires more thought. The process of thinking about what you are going to say before you say it actually benefits the whole team. It causes people to anticipate areas of confusion and examine their reasoning as they develop their stance on a given topic. Questions and feedback are necessary and routine, helping the whole group question assumptions and identify false logic together. Here are some ways developers and leaders can take advantage of communication strengths on cross-cultural, remote teams: Look out for miscommunication that leads to misunderstanding and toxic negativity. If needed, get professional coaching for your team or take them through an online communication course. Closely monitor team communications. On remote teams with diverse language backgrounds, important announcements are not always understood or received. Instead of assuming negligence, make sure to reiterate important news and ask for feedback to verify that the news has been received. Slack offers helpful . Frequently remind team members about events and announcements. customizations for sending reminders and announcements Modify workflow to both respect developers and harness the strengths of working across time zones. Intentional, routine communication becomes foundational to success when multiple time zones are involved. Be sensitive to time zone differences. As long as communication remains positive, intentional and consistent, remote developers will be able to make the most of uninterrupted, focused work time. 2. Diversity and Inclusion Companies with inclusive work environments are the ones that benefit most from diversity. When each person feels comfortable sharing their perspective, a variety of ideas leads to innovation. Harness the benefits of diversity and inclusion by building strong relationships within teams and helping each team member see the value of their work in the long run. A sense of belonging empowers people to commit and serve. When remote team members feel like they are part of the company they work for, they become unstoppable. 3. Proactivity Proactivity is crucial in remote work environments because time zone differences make communication slower and harder. When building remote teams of cross-cultural developers, companies have to hire people who are proactive or are willing to learn to be proactive. That’s one of the reasons I love working on remote teams -- people who take ownership and initiative tend to be more positive and fulfilled. Proactivity is especially critical in certain development situations, like in my current role building at Praxent. In this job, there are no predetermined answers when building products that have never been built before. Every solution I develop has to come from my own research and analysis. custom software Sometimes developers receive unclear, poorly defined requirements, inspiring lots of questions. Rather than simply flagging the issue and waiting until the next sprint to hear from the project manager, proactive developers study the urgency, complexity, and the importance of the issue, then work to identify possible solutions until further clarification is possible. Proactive Developers: Developers who stop working and wait days or weeks to get responses to their questions slow productivity considerably. Remote teams aren’t successful without proactive developers who solve problems and take initiative rather than tossing responsibility back onto someone else and waiting for direction. Proactivity is also important for leaders on remote teams, particularly when it comes to communication. Making sure requirements are crystal clear and developers have what they need to move a solution forward requires leaders to plan ahead during daylight hours. Proactive Leaders: 4. Trusting Company Culture Isolation can cause remote workers to feel disconnected from the rest of the company. When people feel disconnected, they are less likely to be vulnerable and more likely to act defensively rather than collaboratively. Conversely, distance can leave room for doubt, tempting leaders to mistrust remote team members without cause. It’s important to recognize the tendency to make assumptions about people. Building strong relationships disproves assumptions. Leaders can work to prevent isolation and cultivate trust with remote team members by going the extra mile to build relationships: Include remote team members in company affairs to the same degree as on-site employees Invite remote team members to attend critical meetings, even if it’s via video conferencing Take the time to catch them up on important news or changes from the office Allow for casual conversations that build personal connections 5. Productivity (The Greatest Strength & Greatest Challenge of Remote Teams) Remote work comes with a lot of freedom and a lot of potential for focus, making productivity both the greatest strength and the greatest challenge of remote teams. Developers need the freedom and the skills to set clear boundaries between their work and personal lives; otherwise, they end up jumping back and forth between work and other activities throughout the day. Productivity Tip: Schedule Focused Time Without focused personal time, people are distracted from the relationships that matter most and the activities that help them recharge. Without focused work time, most people can’t make any real progress; yet, they still feel drained at the end of the day. Productivity Tip: Schedule Team Time When working across multiple time zones, teams can fight the tendency to be distracted by setting a time when everyone on the team is able to work together virtually, even if it’s just for a few hours. (Just be respectful of schedules -- nothing is worse than having a 12:00 a.m. meeting every day.) Productivity Tip: Get Creative with Time Management There are a lot of time management philosophies and techniques that can help remote workers be productive. One thing they all have in common is taking breaks in order to make the most of focused work time. I have found the time management technique to be particularly helpful. Pomodoro Image Credit: Gerd Altmann from Pixabay

How to Harness Diversity & Distance: 5 Tips for Strong Remote Dev Teams

Top Custom Software Development Companies

Someday you’ll come along with an idea to create the next big app which will bring your name into repute or make you rich. First of all, you can start googling “who can I hire to build an app”. Because Google knows everyone and everything. Or, if you have a similar experience, you’ll search “outsourcing software development company”. But of course, choosing might take a few weeks to a few months before picking that one for all your development requirements. Here is the list of trusted IT Outsourcing Companies based on Quora and Appfutura research. VironIT VironIT is a custom software development company with a primary focus on delivering end-to-end software development services. Company’s core areas of expertise are development of mobile applications, web-oriented software products, business software solutions, software integration, updating, support and maintenance of developed applications. VironIT has successfully carried out over 500 successful projects to over 300 high-profile companies in eHealth, Sports, Banking, Retail, Marketing, Gaming and other industries. The company’s clients range from SMEs to Fortune 500 corporations based in Western Europe and North America. VironIT’s team consists of 100+ seasoned specialists: software developers, engineers, and scientists with expertise in different technical domains. All of the company’s members have bachelor’s or master’s degrees in sciences and rich experience in the software development field. Most of VironIT’s employees are senior or mid-level developers. Ciklum Ciklum is a software solutions company headquartered in Kyiv, Ukraine, with offices in the UK, Denmark, Spain, Belarus, and the U.S., and more. With about 3,000 employees, Ciklum not only specializes in software engineering but also provides e-commerce and mobile app development, application testing, IT strategy consulting, and staff augmentation. Their clients range from large multinational companies to fast-growing startups working toward an IPO. Ciklum was hired by an enterprise IT firm as the main development resource: backend and frontend developers, quality assurance specialists, and business analysts. Operating as part of the team on an ongoing basis, Ciklum developed an e-commerce platform for the IT firm’s client that resulted in $50,000,000 per year in sales. Eight Bit Studios Founded in 2008, Eight Bit Studios is based in Chicago, IL. They focus on mobile apps, customer software development, and UX/UI design. The team of 35+ employees helps key industries, including education and gaming burst business. Eight Bit Studios redeveloped a product for an augmented-reality gaming platform. They had to review the platform to learn how as operating and then piece the platform back together. They were able to ensure all code worked properly. PSL Corp. PSL Corp. is a software engineering company that was founded in 1986. With locations in New York; Medellín, Colombia; and Mexico City, PSL Corp. has more than 650 employees. They specialize in custom software development, big data consulting, cloud consulting, system integration, and web development. PSL Corp. supports mid-sized and enterprise clients across a range of industries. PSL Corp. built a marketing web application for a sales software firm. The client valued PSL Corp.’s ability to program flawless, bug-free code thanks to their high level of expertise in development. To support the client and maintain quality assurance, PSL Corp. continues to provide ongoing maintenance and support. Table XI Table XI is a mobile app and custom software developer based in Chicago, IL. Founded in 2004, they are 35 dedicated app and website builders with a flair for bespoke design and digital strategy. Table XI recreated the website of a global events company, building a video player and an iOS app to deliver content, all with no site downtime. After the migration, the app and site functioned seamlessly. The client recommended Table XI for their cost, clarity, and adherence to deadlines. Intellectsoft Founded in 2007, Intellectsoft is a full-service software partner, focusing on app development for web, mobile, and emerging technologies. Headquartered in Palo Alto, California, their 200+ business strategists and tech specialists collaborate across seven global offices to create digital solutions for startups and enterprises alike. Intellectsoft created an e-commerce app with matching backend infrastructure, then integrated it into the client’s blockchain technology. Transforming the given creative demands into a satisfactory product under a strenuous deadline was deemed impressive, as were their communication skills and determination. iTechArt iTechArt is a top-tier, one-stop custom software development company. 73% of its clients come from referrals. With over 800 experienced engineers, iTechArt works with startups and other fast-growing companies to create the coolest, most innovative, and successful mobile and web applications. It also provides custom software development and QA & testing services in the industry. Itransition Founded in 1998 outside Denver, CO, Itransition now has an office in Austin, TX, as well as the UK and Belarus. They bring their 20 years experience and 1500+ person team to the table for custom software development, web development, and e-commerce development. Itransition was hired by another development firm to collaborate on a project for a tourism company. They migrated 44 websites into one e-commerce platform, Magento. 10Pearls Based in Vienna, VA, 10Pearls designs and maintains apps for various companies. The company and its nearly 350 employees have experience in cybersecurity, product development, and UX/UI design. A telemedicine company needed assistance with platform development and maintenance. 10Pearls helped the telemedicine company with all aspects of platform development, creating a website and mobile app and ensuring the website’s backend was admin-friendly. LOVATA LOVATA is an IT company headquartered in Minsk, Belarus. Founded in 2008, they provide services for web development and custom software development. They have about 24 employees that serve a range of clients in the healthcare, e-commerce, retail, and financial services sectors. LOVATA designed a website to increase a publishing company’s brand awareness. Revenue rose 400% as a result of more paid subscriptions and increased audience size. RubyGarage Development agency RubyGarage is located in Dnipro, Ukraine. Since it was founded in 2011, their team has evolved to about 100 employees. RubyGarages partners primarily with small businesses. Their services are centered on custom software, mobile app, and web development. RubyGarage provides digital marketing and development services for a software company. The client noted that the team’s development services were high quality. The marketing campaigns they executed improved traction and visibility during the entire length of the engagement. Belatrix Software Belatrix Software is an app development company headquartered in Argentina. The large team also has offices in Latin America, Florida, New York, and California. Founded in 2003, the agency is known as one of the top providers for software engineering services. Belatrix Software offered front-end development services to a financial group, helping the client’s existing development team build productivity-related tools. The client lacked the necessary development resources to process a backlog of work, so Belatrix Software’s development expertise complimented their in-house development team. The project is ongoing, and the client praised Belatrix Software’s work. Wizeline Headquartered in San Francisco, Wizeline is a product development company with offices in Guadalajara and Mexico City, Mexico, and Ho Chi Minh, Vietnam. Since its founding in 2014, the team has grown to over 390 employees. Wizeline specializes in custom software, web, and mobile app development and UX/UI design. An entertainment company hired Wizeline to improve their website’s CMS. Based on the team’s initial success, they fostered a partnership that’s still ongoing. The agency’s skills made them stand out from comparable firms throughout the process. The client appreciates Wizeline’s collaborative spirit and excellent communication skills. Fingent Technologies Founded in 2003, Fingent is a web and mobile development company which has offices in the United States, India and the United Arab Emirates. Its global team of 230 employees has helped hundreds of mid and large size organizations implement software solutions that increase productivity and profits. Oxagile Oxagile provides end-to-end custom software development services to SMBs and enterprises, focusing on online video management, advertising, real-time communication, and data solutions. The company’s headquarters are located in New York, with an EMEA office in London and the development center in Belarus. Oxagile offers both Scrum and Waterfall methodologies. With Vodafone among their clients and Microsoft among the partners, Oxagile is one of the top custom software development companies for video solutions for SMBs and enterprises. SumatoSoft SumatoSoft offers full-cycle app development, starting from the zero, through consulting, developing and finishing custom software. They work for large enterprises, startup companies, create B2B and B2C e-commerce, automated chatbot and more. SumatoSoft’s collaboration with Toyota was one of the biggest projects of the company. Here, they introduced new and optimized existing processes of the business, supported their marketing system, ensured an effective functioning of their offices across the world, rearranged and recreated the entire Toyota’s IT system. Praxent Praxent is not a simple custom software IT company. They have the role of an IT assistant to businesses of all sizes. By introducing custom cloud solutions to a ticket broker TicketCity, Praxent liberated 98% of their inventory, resulting in expansion of the system capacity by the whole 6800%. Moreover, Praxent gained 12,000 subscribers for Plumb’s veterinary drugs within a short time period, making the veterinary handbook easily accessible online for veterinarians across the world. Orases Orases is a modern agency from the US with standard services on their menu, including mobile and web applications development, custom software services and flexible IT solutions. They list SMBs and Fortune 500 companies as only some of the businesses they work with it. This company was involved in two industries that not many custom software IT outsource companies cover — sports and farming. Namely, they created websites for Dairy Farmers of America, Homegrown Frederick and Prince George’s County, as well as MLB Pitch Hit & Run, and several apps for NFL. FrogSlayer FrogSlayer provides growing companies with the custom software tools they need to accelerate growth and become the technology or data leader in their industry. Since 2011, its team has helped over 60 clients become technology leaders in a variety of industries. It has made commercial buildings smarter, oil rigs safer, financial crime harder, education more accessible, healthcare more efficient, and much more. FrogSlayer’s clients have generated over $350M in ROI — an average of 23x payback in 2 years or less. N-iX N-iX is an Eastern European IT company with over 16 years of excellence as a reliable technology partner for innovative companies across North America, UK, and Europe. N-iX has over 800 experienced software engineers working within development centers in Lviv, Kyiv (Ukraine), Kraków (Poland), Minsk (Belarus) and representative offices in Malmö (Sweden) and St. Petersburg, FL (USA). Hope this list of notable outsourcing companies will help you to burst your business to the next level. If you have seen any company that should be added to this list, then leave a note in comments.

Praxent

praxent.com

27 employees

Since 2000

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Praxent

EVERGREEN INDEX #1615

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Praxent

Praxent

praxent.com

27 employees

Since 2000

COMPANY RANKING

Praxent

EVERGREEN INDEX #1615

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