• 1. WHY OUTSOURCING IN BULGARIABULGARIA EXCEPTIONAL TECHNOLOGY FACTS 1
• 2. Bulgaria offers the benefit of set in ease of doing business place legislation ease of movement through the EU stable economy low country risksolid political environment established labour laws and taxation 2
• 3. Where is Bulgaria? • Europe • Strategic location 3
• 4. Country Facts NATO membership Religion: 83% Orthodox Christian EU membership Government: Parliamentary democracy Area: 42,822 square miles Population (July 2011): 7,093,635 Currency: BGN pegged to EUR at 1.95583:1 One of the EUs most favourable taxes Native language: Bulgarian Europes most competitive salary Foreign languages: English, German, French, Levels Highly skilled, multilingual Spanish, Russian work forceSources: UNESCO, Sourcing Line, Outsourcing monitor, Wikipedia, Mensa International 4
• 5. Why outsource to BulgariaThere are highly trained and talented professional softwaredevelopers and IT engineers in Bulgaria. English is widely spokenamong professionals. In fact most professional people speak notonly English but also another Western European language. Bulgaria happens to be in a close time zone too, so clients can communicate with their dedicated teams throughout the working day. Communication is smooth and easy, there are no time zone issues. Bulgaria has an unusually well-developed educational system specializing in electronics, engineering, and computer sciences. 5Sources: UNESCO, Sourcing Line, Outsourcing monitor, Wikipedia, Mensa International
• 6. Tech and Science Education At any one time, there are more than 5,000 Bulgarian students majoring in computer science. There are 47 universities in Bulgaria.Sources: UNESCO, Sourcing Line, Outsourcing monitor, Wikipedia, Mensa International 6
• 7. Tech and Science Rankings Bulgaria ranks first in Europe in IT-certified specialists per capita and 8th in the world in total ICT specialists Bulgaria ranks Bulgaria’s Bulgaria ranks second higher education second in the world in institutions rank fifth in the world in IQ tests amongst all countries SAT scores in sciences 7Sources: UNESCO, Sourcing Line, Outsourcing monitor, Wikipedia, Mensa International
• 8. Tech and Science Achievements Bulgaria became one of the first European countries to develop serial production of personal computers (Pravetz Series 8) in the beginning of the 1980s. In 2009 Bulgaria became the first country in Central and Eastern Europe (excluding Russia) to develop a national nanotechnology R&D centre.Sources: UNESCO, Sourcing Line, Outsourcing monitor, Wikipedia, Mensa International 8
• 9. Tech and Science Achievements Bulgaria also has a full scale humanoid robot project named Kibertron. This humanoid robot is among the most advanced in the world, containing 82 DOF. In 2004, Kibertron team was awarded with the “European Award for Innovations” during INNOVACT 2004. The first digital computer was invented by John Vincent Atanasoff, who, through his father, was a half Bulgarian (his mother being American).Sources: UNESCO, Sourcing Line, Outsourcing monitor, Wikipedia, Mensa International 9
• 10. Tech and Science Achievements Another Bulgarian-American inventor and scientist, Peter Petroff, became best known for his work in NASA . Petroff also invented the first digital watch (1970). At the Tokyo International Mathematics Olympiad in 2003 Bulgaria finished in first place from a total of 82 participating countries. Bulgaria also became one of only four countries in the history of the International Mathematics Olympiad to win that competition by having all six of its team members finish with gold medals. 10Sources: UNESCO, Sourcing Line, Outsourcing monitor, Wikipedia, Mensa International
• 11. Tech and Science Achievements As of 2007 CERN employed more than 90 Bulgarian scientists, and about 30 of them will actively participate in the Large Hadron Collider experiments. Bulgaria has the most powerful supercomputer in Eastern Europe (one