The business of the Bulgarian software industry with Timo Railo | HackCast S04E05
This is HackCast S04E05. Our special guest this time is Timo Railo.
Timo is the founder & now CTO of East - a company that bridges the nordics and the balkans - matching business and technical talent. He has over 30 years of experience in the IT industry, over 17 years of experience operating in Bulgaria, and he's been living in Sofia, Bulgaria for the past 10 years. 🙌
In this episode we talk about something really important and really interesting - the business of the Bulgarian software industry. We explain a lot of terms (outsourcing, outstaffing, team augmentation, near-shoring, etc.) and share a lot of valuable insights on the Bulgarian IT market.
Enjoy!
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🔗 Purchase in the EU: https://decibel.shop/HackSoft
🔗 Purchase in Bulgaria: https://www.decibel.bg/
Timestamps:
00:00 Intro
01:35 What to expect in this episode?
02:35 Meet Timo Railo
07:27 Bulgaria as an IT hub & ecosystem
12:48 What does the IT "service" business mean? Bulgaria's history in the industry
21:02 Outstaffing VS Outsourcing VS Team augmentation
34:01 What is Near-shoring and Off-shoring?
36:42 Is the biggest advantage of the Bulgarian IT market its pricing?
51:40 Let's reach our next YouTube goal and help us choose the next prize!
52:05 What is the current market situation and what to expect?
1:20:00 What would Timo like to see happening in the industry?
1:23:14 Why finding your focus as a business is important?
1:32:44 Our new YouTube goal - help us choose the next prize
1:36:05 The human side of things
1:38:50 Outro
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Find Timo on LinkedIn: / timorailo
East website: https://east.fi/
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