Moldova: A Hidden Gem of Tech Talent?
When thinking about Moldova as an IT destination, many organizations don’t quite know what to expect. The country is rather small and has only been independent for thirty years. But when you come to Moldova, you can take advantage of the dynamic growth in IT and telecom sectors that Moldova has enjoyed over the past few years. Large companies have seen this opportunity and are taking advantage of it.
The Moldavian IT ecosystem is transforming and maturing rapidly, and it’s all down to the people in it. There are more than 27,000 professional software engineers and 2,000 more graduate each year, many of whom speak English and are joining new tech communities to help them grow their skills.
Still in doubt? Read some important insights on the Moldavian IT sector:
- Innovation: Multiple organizations (including USAID, ATIC and the Moldovan Association of IT Companies), in cooperation with local IT companies and the Technical University of Moldova, are constantly launching new projects and events to train the local talent pool (paid internships, conferences on web development subjects, ICT career orientations, university courses focused on specific trending languages/technologies, etc.)
- Flexibility to target multiple markets: Moldavian specialists are multilingual and often speak at least three languages. Most of them speak Romanian, Russian, and English, and the percentage of people speaking competent French and German is also steadily increasing. This provides flexibility in targeting various markets for IT services & products.
- New training models: Various new training models, such as the one for rural senior school students and another to encourage workers from other sectors to switch to the ICT sector, are gaining traction in Moldova.
- Funding and technical support: Development organizations (USAID, UNDP, World Bank, Austrian Development Agency, etc.) are deeply involved in improving ICT sector competitiveness in the country. Moldova has a healthy IT ecosystem, with several expert communities, IT clusters, hubs, innovation parks, and accelerators.
Focus on the future
The Moldavian software development industry is among the country’s fastest growing sectors. The number of people in the industry has increased by 250% in three years. Tech companies in Moldova ensure a steady capital inflow into the country’s economy, attracting foreign investments and paying fair taxes. Judging from the dynamics of the IT market growth, in 2022, we will see major growth in the number of local IT specialists, and international companies will discover Moldova as a great country in which they can extend their in-house potential.