Strategy

As 2025 rapidly advances towards 2026, the web development landscape has grown in leaps and bounds. To keep up with these modern websites and applications, web development frameworks are crucial in streamlining and simplifying the process of building robust, feature-rich websites and web applicatio...

India’s Global Capability Centers (GCCs) are rapidly transforming into strategic innovation hubs, driving global leadership and technological breakthroughs. With over 1,700 GCCs employing 1.9 million professionals, these centers are incubating the next wave of Fortune 500 CEOs and pioneering ad...

Artificial intelligence is currently a hot trend. We’re witnessing a wide range of creative implementations of this technology, from using ChatGPT to write a script to applying generative AI to create new product designs. While these applications are fun, they show the groundbreaking potential of t...

Discover our Q1 2025 highlights, including industry innovations, community initiatives, and a look at what's ahead for Grid Dynamics.

Your quarterly tech update: acquisitions, AI trends, digital commerce insights, and transformative solutions for enterprise growth and innovation.

Read about our Contentstack Experience Award, insights on AI-driven product discovery, GenAI applications, and emerging trends in D2C manufacturing and wealth management.

If you haven't realized that artificial intelligence is fundamentally reshaping business models, from the way we leverage technology for core operations to the rapidly increasing pace of change and innovation, it's beyond time to face the current reality. This new reality dictates: Adapt or fad...

Welcome to the latest quarterly edition of the Grid Dynamics newsletter, where we highlight exciting developments in the tech and business world. In this edition, we celebrate Grid Dynamics' recent MACH Impact Awards and bring you insights on composable commerce, generative AI, and cutting-edge inno...

Step into the latest quarterly edition of the Grid Dynamics newsletter. Stay updated on cutting-edge technology trends, glean insights from industry experts, uncover best practices for implementation, and embark on a journey towards sustainable, scalable technology transformation. G...

Greetings and welcome to another exciting quarterly edition of the Grid Dynamics newsletter. As the season brings a festive touch to the air, we extend our heartfelt wishes for a joyful holiday season. Inside this edition, dive into the realm of technology with the latest trends, in...

Outsourcing software development is a long-standing trend in the IT industry. While many US companies take the well-trodden path, moving their business operations to India or China, others are thinking about hiring talent a little closer to home and outsourcing to Latin America. This article fea...

The past few years have been really challenging for tech hiring. The rapid evolution of technology and digital transformation have intensified the demand for specialized skills, while mismatches between traditional education and employer needs have contributed to persistent software developer short...

Silicon Valley has long been the epicenter of the global tech industry. Developers worldwide dream of the chance to work in top companies like Facebook, Amazon, Apple, Netflix and Google, while others latch on to cutting-edge startups. Given its thriving culture of creativity and innovation, it’...

In today's competitive labor market, finding and retaining top talent is a crucial challenge for companies looking to meet their strategic goals. To build their future workforce, more and more IT firms are thinking beyond traditional hiring approaches and exploring expanded talent sourcing ecosyste...

About the author, Gatis Vuguls, Principal Architect–Insurance: I have dedicated the majority of my professional career to working on complex insurance core system transformation projects, typically replacing outdated systems with modern solutions like Guidewire InsuranceSuite. Along the way, I have...

In today's highly interconnected world, technical talent has become a global phenomenon. Software engineers across the world are actively driving innovation, building cutting-edge solutions and digital experiences that power our daily lives.  Silicon Valley no longer holds a monopoly on bes...

From new-born startups to established enterprises, businesses are constantly trying to catch up with the market pace. In order to do so, they need to receive results faster, reduce waste, increase development efficiency, and introduce changes while minimizing risks. This pursuit has led to a new so...

Welcome to another quarterly edition of the Grid Dynamics newsletter. Follow the latest technology trends, learn from tech experts about cutting-edge industry innovations, discover implementation best practices, and achieve sustainable, scalable technology transformation. Grow with G...

As talent shortages strain resources in traditional tech strongholds like the US and Western Europe, many companies are looking to outsource at least part of their software development activities. Over the years, Eastern Europe has positioned itself as a leading global hub for software engineering...

What do we know about startups? They’re super exciting but risky. Statistically, approximately 90% of startups face an uphill battle each year, either struggling to secure their unique value proposition or grappling to find the right investors.  The initial excitement quickly gives way to t...

Due to the post-pandemic acceleration of digital transformation, distributed work, and reduction of resources, today many companies put great emphasis on cost-efficiency and process optimization. They are embracing new operating models to adapt to the evolving business landscape and harness the ben...

Create a remote development team of high-end engineers from scratch or find tech professionals to strengthen your in-house team with Grid Dynamics. In the long run, partnering with Grid Dynamics is much easier, safer, and less expensive than hiring locally.Here is the list of available talent for...

In today's interconnected world, where technology continues to shape every facet of our lives, software developers become a cornerstone of innovation and progress. As businesses, governments, and individuals increasingly rely on software solutions to streamline operations, enhance user experiences,...

The extended software development team solution has been gaining widespread popularity in the US and Western Europe, revolutionizing the way businesses approach project development. By seamlessly integrating in-house software developers with tech experts from abroad, this model offers a dynamic and...

The terms software developer and software engineer are often used interchangeably, leading to confusion about their roles and responsibilities. However, understanding the distinctions between these two titles is crucial for those looking to hire the right talent.  In thi...

Dedicated development teams are growing in popularity and are widely adopted as companies look for productive, cost-effective ways to build business-critical digital tools. This model offers companies of all sizes numerous benefits. While it is challenging for most organizations to keep up with eme...

Welcome to another quarterly edition of the Grid Dynamics newsletter. Follow the latest technology trends, learn from tech experts about cutting-edge industry innovations, discover implementation best practices, and achieve sustainable, scalable technology transformation. Grow with G...

2023 is a year of uncertainty and confusion, and the IT industry is no exception. From record-setting layoffs to skills shortages, technology professionals, recruiters, and organizations face conflicting data around the talent market. However, this year also presents businesses with incredible oppo...

Offshore development is a well-established practice in the modern IT industry. It enables companies of any size, be it budding startups or established enterprises, to attract top talent from all over the world, gaining equal footing with tech giants like Google, Facebook, and Microsoft.  Hi...

The  nearshore software development model is becoming more popular among customers who want to receive high-quality results from software engineers based in countries located within a small-time difference.  Google, Tesla, Porsche, Johnson & Johnson, EY, IBM, and many other w...

The global IT talent shortage has almost doubled compared to what it was a decade ago. 54% of companies worldwide report significant challenges in finding the right talent, and the Nordics are no exception.  The Scandinavian countries are known for their highly developed and advan...

When it comes to outsourcing, India is one of the first places people think about. The country has made a name for itself on the global IT scene as the biggest hub for innovation, technology, and expertise. However, just as outsourcing to India became an industry-wide practice, a few stereotypes an...

The COVID-19 pandemic prompted a rapid acceleration of digital transformation across many industries. While this concept is primarily associated with the adoption of new technologies to fuel business growth there is more to it. Digital-first approach necessitates a fundamental shift in an enterpris...

Welcome to another quarterly edition of the Grid Dynamics newsletter. Follow the latest technology trends, learn from tech experts about cutting-edge industry innovations, discover implementation best practices, and achieve sustainable, scalable technology transformation.Grow with Gri...

The role of technology in driving business growth and innovation has never been more important. One of the top technology trends for forward-thinking companies in 2023 will be emphasizing investments in engineering talent and culture. Attracting and retaining top engineering talent has always bee...

As 2023 technology strategy planning and implementation are well underway, industry leaders in the retail, manufacturing, insurance, life sciences, and pharmaceutical industries are keeping a close eye on the latest trends in digital transformation and innovation. One of the crucial areas in which...

Originally published on Forbes Digital transformation, as we know, represents an ecosystem of technologies that provides an enabling foundation to run any business. The confluence of technology and interaction happens in a crucible of an organizational culture powered by solid talent. While ev...

Welcome to the first edition of our quarterly newsletter. The Business Driver is curated to help you grow your business and inspire your teams with fresh ideas and valuable insights. Learn about the latest technology trends, cutting-edge industry innovations, implementation best practice...

Leading organizations in the coming year will be ‘Fast and Furious,’ as they focus on speed and scale with technology investments...

India, one of the most populated countries in the world, is also one of the most tech-savvy. Making a name for itself on the global stage, much like the US, the country has tech hubs comparable to Silicon Valley in the cities of Hyderabad, Bangalore, Chennai, and Thiruvananthapuram's Technopark. Wi...

The tech talent shortage has been an issue for years, first accelerated by the COVID-19 pandemic when an estimated 4.5 million American workers quit their jobs. The Harvey Nash Group Digital Leadership Report states that 4 out of 10 businesses can't keep their key employees as long as they used to...

Companies across industries have embarked on digital transformation initiatives for several years. The Covid-19 pandemic didn’t spur this movement, but it certainly accelerated the need for digital transformation across the enterprise.

Outsourcing is an integral part of the modern tech industry. Yet one question remains: How to choose the best location for outsourcing tech talent? We’ve selected 8 emerging outsourcing and IT services destinations that have the potential to compete with the traditional industry leaders, based o...

Mexico has recently become the top choice for organizations looking to hire their software development experts from the three most prominent tech hubs in Latin America — Mexico City, Guadalajara, and Monterrey. The number of ambitious tech graduates, developers’ impressive levels of expertise and c...

Romania is proving to be one of the top choices for globally-minded companies in search of software development service providers. The country boasts a reasonable price-to-quality ratio along with a growing talent pool of IT experts who possess both soft and technical skills, not to mention broad e...

In the process of hiring new people in any company, there are several interrelated actions that need to be taken by the recruiter, the candidate and the company's specialists who participate in the stage of assessing future employees’ level of knowledge. In a general sense, hiring can be divided...

Poland has long been recognized as a reliable country  for tech talent outsourcing. It is one of the biggest IT hubs in Eastern Europe. According to Glassdoor, the estimated total pay for a Software Developer is \$114,943 per year in Poland. Junior developers with less than one year of experie...

When it comes to human capital, many organizations face a lingering dilemma concerning workforce management. There are two extremes: overstaffing and understaffing. Overstaffing leads to underuse of existing employees and causes labor costs to increase. Understaffing, on the other hand, cripple...

We are pleased to announce that Daxх and Grid Dynamics have completed merging our business activities, and starting in February, 2022 Daxх will begin operating as Grid Dynamics Holdings, Inc.  Daxх was founded in Amsterdam in 1999. Over the past 22 years, we helped mo...

Remote development centers are opening their doors all across Europe and Asia. Many IT companies consider this model as a way of setting up their business for success. Even tech giants like Google, Amazon, and Apple choose to use the R&D framework for software development and oth...

The world of technology-driven businesses is so fast-paced and dynamic that sometimes you just can’t achieve workable and scalable growth with an in-house team. This often means that the only sustainable way to get the job done is to attract resources from the outside. In this article, we’ll discus...

With a talent pool of 250K highly-skilled software engineers, Ukraine is considered one of the leading IT hubs in Eastern Europe. Ukraine’s education system focuses intensely on STEM disciplines, and many engineers enter traineeships near the end of their studies, making them seasoned professionals...

A significant talent shortage and the Covid-19 pandemic have changed the tech world, leading some established recruitment practices to quickly become outdated.  According to Finances Online, 65,7% of all organizations are now focused on building talent pools of the future, while 42% are invest...

Because of the significant talent shortage in the US and Western Europe, many companies are considering  Eastern Europe as their primary destination for IT outsourcing. Many world famous organizations like Google and Apple have already opened software development offices in the region. Acco...

Covid-19 changed the way businesses function, forcing companies to quickly reshape their work landscape. The only way for them to thrive in the wake of the pandemic was to learn how to build and maintain their talent pipeline in a virtual environment.  We decided to explore what the ‘new no...

The global tech market is continuing to grow at an impressive rate. Gartner predicts that IT spending is projected to total $4.5 trillion in 2022, an increase of 5.5% from 2021.  Part of the reason for that is the coronavirus pandemic, which forced a lot of com...

The Judge School of Business at the University of Cambridge estimated software errors cost the global economy almost $300 billion annually (source). That is why more and more businesses hire QA testing teams to save money, improve quality and reduce software errors. Considering tech talent shortage...

Studytube is an enterprise-level education and EdTech services company, headquartered in Amsterdam. It offers a B2B solution for managing, sharing and disseminating knowledge within organizations.  The company operates as an e-learning platform, developing customized educational content to...

As of now, the latest healthcare tech trends are online medicine, telehealth services, virtual and augmented reality, and artificial intelligence. According to the 2021 Future of Healthcare Report, nearly 80% of Healthcare systems are planning to increase their investment in these digital healthcar...

64% of companies outsource their software development. Setting up your own offshore development center is a strategic decision that ensures stability and protects security-sensitive software. However, to run your offshore ODC lean and fast, you will spend a fortune, get to grips with the local legi...

The software development industry in Ukraine has reached the mark of over 200,000 tech specialists, with about 85% of them working in software development companies. The IT industry in Poland counts 295,300 software developers, 20% of whom are employed by companies that offer software development s...

Over the past two decades, Eastern Europe has become one of the top supply regions for software development services. Ukraine, Poland, Romania, and Belarus account for a combined 5% share of the global IT outsourcing market. The region has achieved worldwide recognition as the home of highly ski...

If there’s anything that the COVID-19 pandemic has shown us, it’s that businesses must constantly reinvent themselves in order to survive. Deloitte’s 2021 Global Shared Services and Outsourcing Survey listed standardization and process efficiency (88%), reducing costs (84%) and driving a di...

C++ and the automotive industry have become deeply intertwined over the last four decades. In the early 80s, engineers used C (the predecessor of C++) to make electronically controlled ignition and fuel injection systems, and today electronics comprise 35% of the car’s price. Over the last decad...

IT outsourcing to Ukraine is getting more popular: Ukraine is becoming a leading IT outsourcing destination in Europe due to its booming tech ecosystem, which is predicted to reach US $8.4 billion of industry export volume in 2025, a large talent pool of more than 285,000 IT professionals, and stro...

There are thousands of nearshore companies today, and businesses are fishing around for the optimal partner to meet their needs. Nearshore software development companies are a perfect medium between costly local providers and risky offshore ones.  No wonder such global giants as Google, Tes...

You can hire a software tester with Grid Dynamics, Freelancer, Toptal, and about a hundred other services. But which one will match your needs? To help you make a data-based decision, we made this analysis of the best freelance websites for software testing. Inside this article, we’ll talk ab...

TV broadcasters have  long held an indisputable title as the main players in the home entertainment industry.  But, with the  advancement of broadband technologies, this industry has been  rapidly taken over by the online streaming platforms, which now became the most prominent...

Outsourcing software development to Eastern Europe is a workable solution for 40% of leaders who continue to experience talent scarcity in IT. According to Clutch there are over 2500 IT outsourcing companies in Eastern Europe with a tech talent pool of 1.3M developers. And this is no surprise that...

Don’t count your developers before they’re hatched. How to be sure that you’ll build a successful remote software development team? First, set your baseline by having a clear understanding of the product you want to produce. Second, hire the right people for your future software development team. R...

In order to remain competitive in 2021, the US entrepreneurs have to enhance their product value proposition by doing a meticulous value proposition analysis. Cost-effectiveness is one of the key indicators in the evaluation of the value chain: from the cost of raw materials to the salaries of the...

Why outsource in Lviv, Ukraine? Lviv is home to more than 461 tech companies and 26,500 tech workers, 80% of whom are software developers. With more than 4,000 graduates joining Lviv’s tech scene every year, Lviv’s IT outsource services sector makes up 14.4% of GDP, which is approximately $280 to $...

Want to know what IT outsourcing trends will dominate the global market in 2021? Sink your teeth in our data-based research on the global IT outsourcing trends in 2021. We’ve scoured the web and organized the most important IT outsourcing statistics on the global tech talent shortage, the gro...

What set of criteria is used to define the best offshore development countries in the world? Are low development rates and availability of tech expertise enough for choosing an outsourcing destination in 2021?  While in lockdown, it’s not that easy to travel and explore outsourcing destinat...

What do Skype, Boeing, Bosch, and eBay have in common? In addition to billions of dollars in revenue and millions of clients worldwide, it is the choice of outsourcing location that unites the aforementioned companies. They were among the first to see the potential of software development companies...

Managing remote teams is not a new thing in the software development world. The pandemic has forced the tech industry to admit what some have known for years: software development can be done remotely by managing remote teams wisely and be as productive as in-house development. Even before the p...

Companies around the globe use nearshore outsourcing to cut costs and enhance their capabilities. In this article, we explain how businesses can maximize the value of their nearshore outsourcing partnerships, give tips on choosing nearshore outsourcing companies, and provide you with a handy list o...

Nearshore outsourcing has become one of the most well-known practices of profitable businesses. 79% of Dutch companies confirmed they’ll continue to outsource IT services at the same or at an increased pace. 56% of German companies stated they outsource IT tasks to external service providers....

Tech companies had been among the first to integrate remote work and hire remote developers on a permanent basis far before the pandemic hit. So by now, many of them have learned how to manage remote developers and no longer have any doubts about remote work being as productive, successful, and col...

Whether you’re a solopreneur, a medium-sized business, or a multi-million-dollar company, you need software to improve your business processes, magnify efficiencies, increase productivity, and ultimately, your revenues and profits.  Custom software development is the process of building dig...

The software development industry in Israel is going through challenging times. On the one hand, Israel, preceded by China and the US, makes it to the top three fastest-developing tech startup nations. On the other hand, software development companies in Israel report that they’re experiencing an I...

In 2015, the European Parliament adopted a reformed Payment Service Directive, also known as PSD2, which can be considered as the starting point of “open banking”. The new rules aimed to promote the development and use of innovative online and mobile payments through opening consumer banking data u...

Dutch IT companies are outsourcing software development in order to optimize costs and combat local tech talent shortage. 79% of software development companies in the Netherlands confirmed that they will continue to outsource ICT services at the same or at an increased pace in 2020. Due to remot...

E-learning development is now a multi-billion industry that empowers education across the globe with EdTech. The variety of tech solutions we use nowadays are way more complex than the once popular Content Management Systems (CMSs). In this article, we analyze the EdTech trends in 2020 that stimula...

Before the global quarantine of 2020, 56% of companies all over the world allowed remote work. From this point forward, this number will only keep increasing — some companies have had to rapidly shift their in-house teams to remote work, while others hire developers remotely to extend their existin...

In the current situation, remote work has become a life-saving solution for the majority of companies. Even the most conservative proponents of office work, like banks, have come to realize that remote work is not all that scary, and with a well thought-out approach it can be even more efficient th...

OPINION: Coronavirus is rapidly reshaping our world. It is demanding businesses to redefine how they engage customers, employees, and supply chain by shifting operations online. Learn best practices for designing and launching new digital services at lightning speed by adopting an “agile co-creatio...

React has been climbing steadily since it broke 556 million downloads per month in March 2020. Moreover, React.js offers a desirable level of flexibility and performance for building scalable solutions with interactive UIs. No wonder a growing number of companies are beginning to embrace this techn...

Have you ever wondered why some startups achieve effective teamwork to make history, while others remain dysfunctional? The best teams accomplish great feats with the help of effective communication built into the core of team collaboration. Piece of cake, right? Not quite.  Project managem...

So you’re working with remote employees? Most probably, you’ve already noticed that they take a special approach in terms of management. Remote teams are different from ones located in one central office in a few key ways.  Teams that work across separate locations demand a particular appro...

With more than 20M developers globally, the question of their distribution by technology and seniority levels becomes more and more topical. Thus, in our research, we've decided to use LinkedIn (a platform with a 630M member network) and find out how many Java, JavaScript, Ruby on Rails, Python, an...

A key part of digital transformation is actually changing the way you develop software. New technologies such as mobile, progressive web, cloud, big data, and machine learning create increased demand for entirely new skills. The fast pace of innovation requires new processes like Agile develo...

This time the hero of our interview is Andre Silva, CTO at CuriosityStream. The company provides a video streaming service for the most curious minds that are eager to discover the world of documentaries. CuriosityStream piles together visionaries in every major field collecting thousands of docume...

The demands on IT service providers are changing because companies are embracing digital transformation. Traditionally most IT services were confined to packaged software implementation, system integration, and managed services. Companies grew to rely on traditional outsourcers for these kinds of I...

In the late 90s, the business world faced a new fast-growing trend — outsourcing. The American tech industry pioneered in trying out the new approach to doing business with the help of third-party vendors. Since then, nearshore and offshore partnerships have been getting increasingly common for bot...

Among 628 FinTech startups out there, here are the top 9 (in our perspective) that definitely deserve your attention: Vive BridgeFund CreditClick  Tikkie Tellow Peaks Ockto Oneplanetcrowd  TAXModel  Vive BridgeFund CreditC...

Anna Symonenko, the Senior Recruitment Manager at Grid Dynamics, has experience in both international and local “headhunting”. Throughout her career in IT recruitment, Anna has had the opportunity to work at one of the top 5 biggest staff augmentation companies in Ukraine as well as at a recru...

In January 2019 Kyivpost, Ukraine’s famous English-language newspaper, published a report with the most recent data on the growth of IT industry in Ukraine.  According to the report, IT industry in Ukraine became the 2nd largest export industry in 2018. In 2015 Ukrainian IT expor...

Over the past 3 years, we’ve been communicating with Dutch and DACH region business executives that outsource software development. As a result, we’ve collected the answers of 98 business executives operating in the Netherlands and 204 executives from the DACH region, which allowed us to fulfill th...

The “classic” Scrum tools that agile teams use to organize their work are whiteboards, charts, and note cards. Yet there's so much more you can achieve with Scrum project management software, so Grid Dynamics decided to collect the 15 best free Agile tools in one article. Besides, using this type o...

My name is Dmytro Rastaturin. I’m an Operations Manager at Pindrop NL (Grid Dynamics Digital Team client). Our end-customers come from Europe, the main operating market is in Benelux (we also work with the customers from France, UK, Italy, Spain, and others). The following article will be...

Don’t know how to structure your software development team organization? We prepared 5 well-tried techniques that will help you structure your team of software developers, maximize their productivity, and catapult your business success.  It is easy to assume that t...

As an open source technology, the .NET framework is used by millions of software developers (there are over 6 million .NET engineers worldwide according to the latest estimates). This has spurred the growth of various third-party development tools. To get a first-hand opinion on the most valuable a...

If you’re thinking of hiring offshore developers, the very first thing you need to do is take a good look at your current company structure, then establish which skills required for the development of your product are missing. While it’s perfectly fine to go through this stage on your own, an outsi...

First of All, Agile Isn’t a Project Management Methodology. Instead, We Need to Think of Agile as a Mindset, Rather Than a Methodology. It’s not a specific group of tools and practices, but instead an attitude that shapes the way a work is approached. The ‘magic’ of Agile is that it devel...

Increasingly, regional and national retail chains are facing anemic sales figures in their “brick and mortar” stores. Even when overall performance is in line with industry trends, with online sales growth at approximately 15% annually, retailers still struggle to get people into and spending a...