How to Find the Top Software Development Company in Austria
European IT industry is rapidly growing without any doubt this is for sure. If we take for example software development company in Germany or in France or even Italy, we will see how valuable they are for IT market.
Service ABA, the Austrian national investment promotion company, provided a brief research of IT development status in the country. To understand the role that ABA plays in Austria, you should know that it provides consulting services to every foreign software development company in Austria, as well as companies in many other areas that will contact them.
According to their article, business software development, the IT sector as a whole, is developing rapidly in Austria. First of all, this is due to high and competent funding, and also thanks to research, in particular, the innovative technologies of the IT industry. Thanks to the direct and indirect application of ICT technologies in various industries, the increase in output reached a €36.6 billion.
The IT sector in Austria is growing. According to Export.gov, as of the end of 2017, the expected percentage of IT industry development in the country was 2.3% for IT services, and 5.4% for software Austria development.
IT Companies in Austria From What Cities Bring More Money in It Market
After doing some research, several Austrian cities can be named with the greatest profit in the IT sector of the country. The ABA list provides the brief information about the leaders of the ICT industry market, with headquarters in some Austrian cities. Visiting the home pages of each of these Austria software companies, in the contacts and location page you can see Graz, and Vienna cities several times each. Naturally, in these cities there are many other companies in the IT industry. Therefore, Graz, and Vienna bring the largest monetary contribution to the development of the IT sector in Austria. And the biggest IT companies in Austria are just exactly located in these cities.
Software Development in Austria
Custom Austrian software development is popular and in good demand in the country. A high standard of living, salaries, as well as the presence of companies with world-famous names, attract developers of different directions from all around the world. However, many programmers do not just blindly consider moving to Austria, but it is worth knowing that the country also offers many related vacancies.
The resource Glassdoor has about 2,110 vacancies for every taste. You can find there offers for programmers who specialize in software development website, a lot of job offers in the office, as well as vacancies for private outsourcing developers, various offers from software companies in Austria, etc.
The Changing of Austrian Software Development Within Few Years
According to the same article of Export.gov mentioned in the first paragraph, in 2015 the total amount of software sales reached $ 2.5 billion. A portion of this amount, to be exact $1.9 billion, was made up from application development. At that time, the profit growth of software development sector was 1.7%. The article separately mentions the developments in the part of cloud services, Big Data solutions, social software, and security software. The state of software development for 2017 and beyond, was mentioned above. This causes a favorable situation on the market for each software development company in Austria.
The Largest IT Sectors in the Country
First of all, it is worth mentioning Vienna. This city is the capital of Austria, it is no wonder that it is also called Digital City. In addition to many other industries, Vienna has a well-developed IT industry and software development thanks to constant funding and research, as well as support from foreign investors. Also, Vienna is one of the largest IT locations in Europe, the city can be placed in a row with Munich, and Helsinki. A large role is also played by the largest in Vienna center of independent research in the area of Visual Computing – VRVis.
Hagenberg, Upper Austria
Hagenberg im Muhlkreis is located in Upper Austria. It is a small town with a population of only 2,727 people, as of 2016. However, Hagenberg is popular in the IT industry. There are Softwarepark Hagenberg situated in this city. It is a so-called technology park, founded more than 25 years ago, and is a unique place that combines all the business, research, and education aspects of IT and software development.
One can not help but mention the city of Graz, with a large number of ICT companies having a worldwide reputation. PayScale hosts a large number of vacancies for software developers in Linz, and Innsbruck. However, Innsbruck is not a major software development center, so the average annual salary in this city is below the national average by 15%.
Cost of Hiring Developer in Austria vs Ukraine
In Austria, there are a lot of vacancies in the field of IT and software development. The cost of developers varies depending on company, city, working conditions and, of course, the programmer level. The average annual salary of the software Austrian developer is about $55,000. The average salary of the software Austrian engineer is slightly higher and is $57,000.
For comparison, please see the average annual salary in the three largest cities of Austria. The software developer salary in Vienna is $61,000, Graz will welcome you with an annual income of $60,000, and programming in Linz you will get $59,000. These are high, good salaries for developers. However, it can be lower. Many companies use way of software development outsourcing, or offshore services of Austrian and foreign companies.
For example, Austrian companies conclude a contract for temporary or long-term cooperation with companies from Ukraine. The most attractive is the average salary of developers in Ukraine, which is only $30,000 per year. According to PayScale, a software engineer in Ukraine has the same annual income.
* Salaries in Ukraine are provided based on Mobilunity’s Recruitment Team research on the local job markets. All salaries are net and do not include the service fee (in case of hiring on a dedicated team model). The salaries are provided for comparison purposes and could be not entirely accurate. Contact us to know the exact cost of hiring a developer corresponding to the required parameters.
Comparison of Cost of Living in Austria vs Ukraine
The lower cost of Ukrainian software developer may scare you, but don’t be. $25,000 of annual income is a good salary for Ukraine due to the cost of living there. The NationMaster resource provide the comparison chart on the cost of living in Austria and Ukraine, so you can see the real reason of lower salaries in Ukraine.
The three bedroom apartment in the center of a city costs $660 per month in Ukraine, and $1,640 in Austria. The single bedroom apartment outside the city center in Ukraine and in Austria will cost $250, and $615 respectively.
To buy an apartment in Ukraine somewhere outside the city center you will have to pay $840 per meter square, and of course in Austria the price is higher and is $3,760. There is a difference in the cost of basic utilities also. In Ukraine basic utilities cost $65 per month, and $210 in Austria, which is almost four times higher.
Hiring Dedicated Team in Ukraine is a Cost-Effective Solution
Cooperation with offshore software development company from Ukraine is a good solution. First of all, you will reduce costs in salaries and infrastructure. Such cooperation will provide you with the high-quality innovative software development team for a really short time, as you don’t have to spend time on looking for appropriate developers that would fit your project. Sharing responsibility is a good option also, as partners from offshore company will look at your project from a side. Especially, it is good when your product aiming for foreign market.