The Czech Republic is a veiled jewel in Central Europe when you are considering the price of having software developed there. There are approximately 200,000 IT workers and nearly 27,300 new graduates emerge annually and there is plenty of talent around. HackerRank even ranked Czech devs at the number nine in the world rankings, which is quite impressive when it comes to Offshore Software Development Cost.

Czech Republic  

In a security contest, their tech crowd also took 4th place and in math contests, 2nd place, even winning Gold at Shell. SkillValue ranked Czech devs 2 in Europe. And Prague is a hot spot, obvious names like Google, Microsoft, IBM, RedHat and Skype have already selected it as a destination when it comes to direct hires as well as outsourcing.

Brazil  

When considering Offshore Software Development Cost by Country, another cool outsourcing destination is Brazil, which has the ninth greatest software industry in the world. The IT market expanded by 9.8 percent in 2018 and attracted 46.6 billion dollars in investments - much higher than projected. Outsourcing is available in loads of different dev companies all around. Brazil has a large market size and growth which makes it a good option in case you are planning to reduce the cost of going offshore.

Europe  

In Northern or Western Europe, Spain, Poland or Portugal are good choices. They are not so distant, lower salaries, and you can talk to them without insanity. In the case of U.S. firms, a distant team in Europe or Brazil can be a big value add. Dev rates are far lower than the U.S, and being able to have teams across time zones allows you to operate 14+ hours a day.

Portugal  

Portugal is small, possibly even smaller than Spain or Poland, yet it has become a technical hotspot with the best dev talent. It was projected that the market would reach 957.9 M million by 2021. In 2019 Lisbon registered the all-time high foreign investment of 10 projects to the value of $75 Million. Portugal is also an opening to Brazil, as Portuguese get a large number of Brazilian programmers to go there to better job opportunities, this makes it an attractive location to control offshore dev spending.

Poland  

Central and eastern European developers, of which Poland contains 254,682 devs, 15,000+ fresh grads annually, are thus a quarter of the total Polish developers. They are good in offshore and nearshore projects. In 2016, HackerRank ranked Poland at the third position in terms of software talent, and it was preceded only by China and Russia. The engineers in Poland also won the first place in the contests of Java, second place in the contests Python, and the fourth place in the contests of tutorials, Shell, and Ruby, demonstrating their position in outsourcing at a high cost.

It may be the Czech Republic, Brazil, Portugal, Poland, and Spain. Each market has its own advantages in terms of Offshore Software Development Pricing, investment, and efficiency, so you can strike the right balance between quality and offshore development charges.