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Impact of the Russia-Ukraine Conflict on IT Nearshoring for Europe!

Mitigate the impact that the ongoing conflict would have on your firm

Conflicts in modern times cause loss of life and adversely impact businesses.

The ongoing cyberattacks may threaten the integrity and security of user data. Considering the challenges, European companies of all sizes will find that nearshoring can unlock enormous business benefits for them.

The governments in the Middle East region understand that the knowledge-based industries will drive the next economic boom and are thus pivoting away from oil & gas to industries such as OSS, ICT, and Telecom. UAE is at the forefront of the region’s OSS industry development and is helping it grow rapidly. This region provides organizations with the same benefits that they enjoyed while nearshoring managed services to Eastern Europe such as overlapping time zones, cultural alignment, short travel times, and cost-effective remote teams.

In this article "Impact of the Russia-Ukraine Conflict on IT Nearshoring for Europe", Shankar Garg, MD – Xebia MEA discussed why was Eastern Europe a popular nearshoring destination, short and long-term impact for the European industries, and the benefits of the Middle East for outsourcing.

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