Top 10 Offshore Software Development Companies Globally

Ani Gasparyan

Last updated on October 19, 2024 | 25 min read

IT marketOffshoreRankingSoftware development

Offshore software development, defined as the practice of hiring external companies in other countries to handle software development tasks, has become a strategic choice for many businesses seeking cost-effective, high-quality software solutions. Partnering with leading offshore development companies allows organizations to tap into the global talent pool, drive innovation, and scale their operations efficiently.

In the broader outsourcing landscape, offshore software development is a subset that focuses on leveraging geographical and economic advantages. It often involves working with teams located in countries with lower labor costs or specialized expertise.

Several regions have established themselves as leading offshoring destinations, each offering distinct strengths and advantages:

• Eastern Europe stands out with its skilled workforce, strong education, and IT expertise. Countries like Poland, Ukraine, and Romania offer top tech talent at competitive rates, benefiting from similar time zones and cultural alignment with Western clients. The region is also known for cybersecurity and innovation in AI and blockchain.
• Similarly, Latin America is becoming a key offshore hub for IT. While time zone alignment with the US is helpful, many companies choose the region for its technical expertise, Agile development culture, and growing focus on tech innovation.
• In addition, the Asia-Pacific region is rapidly becoming a global IT powerhouse. Nations such as India, Vietnam, and the Philippines boast a vast pool of highly skilled developers and engineers, often at lower labor costs. The region is recognized for its strengths in software development, mobile applications, and cloud services, alongside a strong emphasis on IT service management. Moreover, high English proficiency among the workforce facilitates effective communication with international clients, further enhancing its appeal as an offshoring destination.

As the global IT outsourcing market is projected to reach $541.10 billion in 2024, the demand for offshore software development services continues to rise. This article highlights the top 10 offshore software development companies globally, known for their excellence in delivering exceptional software solutions.

Here are our top 5 picks:

1. DevsData LLC – Top Pick: Best overall
2. Eleks: Best for the European market
3. BairesDev: Best for the Latin American market
4. Netguru: Best for startups
5. SoftwareMind: Best for enterprise

1. DevsData LLC – Top Pick: Best overall

   

   Website: www.devsdata.com
   Team size: ~60 employees
   Founded: 2016
   Headquarters: Brooklyn, NYC and Warsaw, Poland

   DevsData LLC is a reputable IT recruitment and offshore software development company with over 8 years of experience in the market. The company operates globally, with local offices in Europe, North America, and Latin America. They have a strong market reputation and a 5/5 rating on Clutch and GoodFirms.

   Key features

   • They have a team of Google-level engineers and an extensive network of senior contractors who have served over 80 clients globally, including innovative startups from the US and Israel.
   • Their team completed over 100 projects, including web development and complex back-end systems.
   • They collaborate with hedge funds and global corporate clients, like Johnson & Johnson, ZIM, and BCG, offering expertise in AI, machine learning, and data science.

   
   
   

   Their compact scale helps reduce overhead costs, enabling competitive pricing while ensuring top-notch service and quality. In a recent project, DevsData LLC teamed up with a major financial services firm to build a custom ERP and project management system. The project faced challenges like ensuring high security and integrating complex features while keeping the system easy to use.
   

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   DevsData LLC worked closely with the client to overcome these issues, using strong encryption and a solid permission system to protect sensitive data. They chose the right technologies to create a scalable solution that went beyond what was expected. As a result, the custom ERP and project management system developed by DevsData LLC replaced Jira in two departments, improved task management and data handling, and resulted in cost reductions. Read the full story here.

   For further information, feel free to email DevsData LLC at [email protected] or visit their website at www.devsdata.com.

2. Eleks: Best for the European market

   

   Website: https://eleks.com/
   Team size: ~1930 employees
   Founded: 1991
   Headquarters: Tallinn, Estonia

   Eleks is a global software development firm that offers end-to-end services in consulting, strategy, development, and support. With offshore delivery centers throughout Eastern Europe and sales offices in Europe, the US, and the UK, Eleks offers a wide range of software services.

   Key features

   • They offer dedicated teams, product development, R&D, and technology consulting services.
   • Their team delivers integrated solutions across multiple time zones and regions, serving diverse industries such as healthcare, retail, fintech, and more.
   • They are known for their focus on innovation, leveraging emerging technologies like AI, blockchain, and IoT to drive business transformation and enhance client outcomes.

3. BairesDev: Best for the Latin American market

   

   Website: https://www.bairesdev.com
   Team size: ~4000 employees
   Founded: 2009
   Headquarters: San Francisco, California

   BairesDev is a leading offshore software development company with a strong presence in Latin America. The firm is known for its expertise in artificial intelligence, machine learning, and cloud computing. BairesDev’s client-centric approach emphasizes understanding and aligning with clients’ needs to drive business success.

   Key features

   • They tackle clients’ business challenges by tapping into the top 1% of tech talent from the Americas and the Caribbean.
   • Their team employs a rigorous vetting process that evaluates technical skills, problem-solving abilities, and cultural fit.
   • They use advanced analytics and performance metrics to create customized solutions and improve project results.

4. Netguru: Best for startups

   

   Website: https://www.netguru.com/
   Team size: ~500 employees
   Founded: 2008
   Headquarters: Poznan, Poland

   Netguru is well-known for its proficiency in delivering high-quality software solutions. The company offers various services, including product design, development, and digital transformation. Since its founding in 2008, Netguru has completed over 1000 projects and boasts a team of more than 500 professionals working remotely from around the globe.

   Key features

   • They offer end-to-end support throughout the product lifecycle, from ideation and design to development and scaling.
   • Their expertise in working with startups makes them an excellent choice due to their flexibility, ability to scale quickly and focus on delivering customized solutions that drive growth and innovation.
   • They emphasize a client-centric approach, using agile methodologies and continuous feedback to ensure that projects align with client goals and market needs.

5. SoftwareMind: Best for enterprise

   

   Website: https://softwaremind.com/
   Team size: ~1000 employees
   Founded: 1999
   Headquarters: Krakow, Poland

   SoftwareMind operates in Europe, the US, and LATAM. The company provides businesses with skilled software engineers and independent, versatile development teams that manage the entire software lifecycle, from ideation to release.

   Key features

   • They enhance organizations by providing top talent to boost scalability, drive growth, and realize innovative ideas, addressing the needs of enterprise-level businesses.
   • Their expert engineering teams utilize cutting-edge technologies such as cloud, AI, data science, and embedded software to accelerate digital transformations.
   • They emphasize building long-term partnerships by offering continuous support and strategic guidance.

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To complete our overview, let’s explore the remaining 5 companies that stand out for their expertise.

6. Future Processing

   

   Website: https://www.future-processing.com/
   Team size: ~780 employees
   Founded: 2000
   Headquarters: Gliwice, Poland

   Future Processing is an offshore development firm offering comprehensive services globally, including consulting, digital product development, software development, cloud solutions, data management, machine learning/AI, and cybersecurity.

   Key features

   • They excel in understanding client needs, offering expert advice, and designing user-friendly IT products using an agile approach.
   • Their team uses proven frameworks to develop customized software for SMEs and leading brands, delivering high-quality solutions tailored to complex business needs.
   • They focus on continuous improvement and innovation, using the latest technologies and practices to keep their solutions up-to-date and effective.

7. Developex

   

   Website: https://developex.com/
   Team size: ~260 employees
   Founded: 2001
   Headquarters: Kyiv, Ukraine

   Developex is a software development firm with a talented team based in Canada and Ukraine. Developex has established a reputation as a reliable and efficient partner, building strong relationships with companies worldwide. Developex specializes in building custom software development teams to meet clients’ specific needs and managing projects of any complexity across mobile, cloud, web, and desktop platforms.

   Key features

   • They focus on cross-platform support and excel in developing software for electronic devices, including firmware, drivers, and applications.
   • Their expertise also includes creating software for gaming devices, PC peripherals, audio equipment, wearables, and IoT solutions.
   • They are committed to delivering high-quality solutions by integrating with clients’ teams and adapting to their workflows.

8. Admios

   

   Website: http://www.admios.com/
   Team size: ~50 employees
   Founded: 2005
   Headquarters: San Francisco, California

   Admios, an offshore software development company, has delivered high-quality, team-based resources to businesses with strategic software requirements since 2005. Admios offers various services, including custom software development, product design, and technical consulting. Their approach combines agile methodologies with a strong emphasis on collaboration with clients.
   

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   Key features
   • They support startups and enterprises by driving new product growth and technical initiatives across diverse industries.
   • They have a highly skilled Latin American development team proficient in English and operating in US time zones.
   • They provide flexible engagement models tailored to clients’ needs.

9. Knowit

   

   Website: https://www.knowit.eu/
   Team size: ~3995 employees
   Founded: 1990
   Headquarters: Stockholm, Sweden

   Knowit is a consulting firm with offshore development capabilities. They specialize in providing innovative software solutions across various industries, leveraging deep industry knowledge and technical expertise. Knowit stands out for its focus on sustainability and digitalization, making it a preferred partner for forward-thinking businesses.

   Key features

   • They operate in 4 key areas: connectivity, experience, insight, and solutions, blending design, communication, management consulting, and IT expertise.
   • Their vision is to foster a sustainable and humane society by leveraging strategic, creative, and technological skills to tackle future challenges.
   • They focus on collaborative partnerships with clients to deliver innovative, customized solutions that address current and future business challenges.

10. KMS Technology

    

    Website: https://kms-technology.com/
    Team size: ~1590 employees
    Founded: 2009
    Headquarters: Atlanta, Georgia

    KMS Technology specializes in software development, testing, generative AI, consulting, and Salesforce services. They offer a range of advanced solutions that help businesses speed up their product launches while maintaining high quality. Based in Atlanta, GA, and with offices in Vietnam and Mexico, KMS Technology has a broad international presence.

    Key features

    • They provide comprehensive services, including custom software development, application testing, IT strategy consulting, enterprise app modernization, Big Data and cloud consulting, and mobile app development.
    • Their customer-centric approach focuses on modernizing existing systems and developing new software ideas, driving innovation across various industries.
    • They use their global experience and advanced technologies to speed up development and ensure high-quality results for various projects.

Conclusion

DevsData LLC stands out as a premier choice in offshore software development. With over 8 years of industry experience, the company is recognized for delivering agile, customized, and cost-effective solutions. The company operates globally, with local offices across Europe, Asia, North America, Latin America, and Australia, and is supported by a team of experts from the US. Their compact size allows them to offer competitive pricing while maintaining high-quality service. DevsData LLC’s personalized approach ensures they swiftly adapt to each client’s unique needs, resulting in highly effective solutions.

DevsData LLC also provides robust business process outsourcing (BPO) solutions. Their BPO offerings help companies streamline non-core functions such as customer support, data entry, and back-office operations, enabling businesses to focus on their strategic initiatives. Their team offers a compelling mix of expertise, flexibility, and value for companies searching for a reliable and adaptable offshore development partner.

In addition to software development, DevsData LLC offers specialized IT recruitment and employer of record (EoR) services. They leverage a database of over 65000 professionals and a detailed recruitment process, including a rigorous 90-minute interview and technical assessment.

Contact DevsData LLC via email at [email protected] or examine their services on their website at www.devsdata.com.

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Ani Gasparyan Senior copywriter and marketer

Ani is a marketing enthusiast and content writer. With 5+ years of expertise in marketing, she succeeded in developing engaging marketing collaterals, including blog articles, social media content, and other promotional materials. With a keen eye for detail and a knack for storytelling, she thrives in crafting compelling content that resonates with the target audience.

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