In a previous blog article, we delved into the significant challenges Western companies face when bridging the tech talent gap. Understanding the problem is the first step, but finding tangible solutions is where the real value lies. In this follow-up piece, we aim to not only showcase how to address these challenges but also highlight […]
A recent report by Ernst & Young highlights a pressing challenge faced by many companies in the Western world: the tech talent gap. According to the report, 81% of organizations experience skill gaps, or expect them within a few years, particularly in areas such as artificial intelligence, machine learning, and data analytics. This talent shortage […]
“Agile” and “flexible” have become buzzwords that many companies, especially corporations, use to present themselves as modern and adaptable. But true agility, especially in the realm of R&D, goes beyond mere buzzwords. It’s a transformative approach that reshapes how teams operate, innovate, and drive growth. It’s not just about being able to bend in the […]
In the global race for innovation, corporations and scale-ups are constantly on the lookout for strategic locations to establish or expand their R&D capacity. One country that is increasingly catching the attention of global tech companies is Bulgaria. Known for its rich tech talent, cost-effectiveness, strategic location, and thriving tech ecosystem, Bulgaria is emerging as […]
As the global business ecosystem becomes more interconnected, the strategic importance of building international IT R&D teams is gaining unprecedented recognition among scaleups. This approach, validated by McKinsey’s insights, enables companies to harness worldwide talent, stimulate innovation, and concentrate on their core business functions. Moreover, ScienceDirect underscores that these international IT R&D activities can become […]
In an era where technology serves as the backbone of every industry, the prowess of a company’s tech team can be the pivotal factor between stagnation and exponential growth. This holds particularly true for burgeoning scaleups and established corporations, where the twin pillars of innovation and agility are the keys to staying ahead of the […]
As the adoption of digital technologies continues to advance, many companies around the world are looking for ways to innovate. According to data from EU Industrial R&D Investment Scoreboard, the investment in research and development capabilities across the EU has grown by nearly 9%. With the mass adoption of new technologies such as generative AI […]