Romania keeps its ascending pace in the IMD World Digital Competitiveness Ranking

When selecting a digital partner, consider the fact that IT outsourcing in Romania is ascending, as the IMD Switzerland study confirms. For years in a row, the software development ecosystem here pushed our country up the ladder.

Romania ranked the 46th in the study recently released by IMD Switzerland. The study is in its third year, it is named IMD World Digital Competitiveness Ranking and measures the capacity and readiness of 63 countries to assume and discover digital know-how as the main force for economic change in business, government, and the community.

At the first release of the study, in 2017, Romania ranked 54, then, in 2018, it ascended to 47. 

The top three, in 2019, are the USA, Singapore, and Sweden. In Europe, the most digitally competitive countries are Sweden, Denmark, Switzerland, and The Netherlands.

The best ranking Eastern Europe country is Poland, followed by the Czech Republic, Russia, Hungary, Bulgaria, Romania.  

As evaluation criteria, WDCR looks out for three features:

•            Knowledge– the ability to comprehend and absorb the new technologies
•            Technology– the ability to grow new digital innovations
•            Future readiness– the awareness for the approaching advances

This year, two new variables linked to robotics were announced in the evaluation of the WDCR: “industrial robot” and “robots in education and R&D”. 

The IMD World Competitiveness Center (WCC) is a research center at IMD in Switzerland with 30 years of research expertise in competitiveness.

Since the 1990s, Romania is one of the main outsourcing destinations in Europe, being the home of top outsourcing software development companies. No worldwide company should ignore the profits linked to outsourcing in Romania.

Europe is not a low-priced zone for software services, as compared with some Asian nations. The worldwide businesses searching for partners for long term solid IT ventures must take into reflection the excellence of Romanian IT.

AROBS started a series of articles that compare the most attractive IT outsourcing countries in Eastern and Northern Europe. Please read the articles here 

Education, innovation, language and internationalization – pure gold for IT outsourcing: read our second article on IT Outsourcing