All over the years while I was working as an outsourcing provider people asked me about my job. How does it work, where do I get the projects, how do I transfer the money, what sites do I work on? People were interested in this type of work, but most of them viewed outsourcing as something like a summer fast-food job for students and of course not nearly like some serious full time job. That were the good times, by the way. In the end of 2008 with the global economic crisis currency rates in Ukraine began to rise and the whole situation became unstable. The only people who actually felt kind of safe were the people who were freelancers and had their salaries in USD or Euro. But during the most difficult moments people rarely remember opportunities that were not viewed seriously even when the situation was stable and that is a big mistake.
Right now if we take Ukraine (a land that lot of market reports consider to be a big player on the IT market) the situation is very interesting. Lots of IT companies worldwide either went bankrupt or suffered a loss of funds. They closed their development projects and their outsourcing provider companies in countries like Ukraine, Russian, India, etc. lost their main clients. These provider companies also had to go through some changes and as a result literally thousands of IT workers were fired. It was generally good for the local IT labor markets, because only the most qualified workers remained in IT companies. Still some number of mostly low- to mid-qualified workers who lost their jobs tried to remain “in IT” and ended up as outsourcing newcomers. Some of the high qualified workers also ended up on the outsourcing market, so as you see on the provider side there is plenty of new labor force.
On the buyer side the situation is also very interesting. While many companies cut their costs for development or even things like paperwork, more and more of them turn to outsourcing as a way to save money. New types of outsourcing like legal-outsourcing are rising very quickly today and turning from questionable to effective. Hundreds of IT companies change their strategies and are looking for developers or development teams that will be able to work on their projects. So on the other hand we see that there are also a plenty of new buyers.
Right now it is the best time to start working as an outsourcing provider, so don’t hesitate. If you have enough skill in programming, translation, writing or even data input and a good level of English you will be able to find work on dozens of outsourcing websites. This blog will try to help you if you are a newcomer and give you information and advice from experienced outsourcing providers.
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