If you’ve ever come across a European article about the IT industry, you may have come across the term “Industry 4.0.” This is a very important term to understand, the so-called Digital Business Transformation. Based on a report by Protiviti, 54% of organizations in the US are undergoing a major IT transformation, and 31% are reporting a disruption as a result of the implementation of transformation technologies. Forty percent of organizations have increased their IT budget by 10% or more, and 39% utilize outsourcing to keep up with the changes, support, or to augment their IT functions.
Ernst & Young, one of the “Big Four” audit firms, has released a report titled “The IT industry in Belarus: 2017 and Beyond”. It goes through many statistical and analytical points about Belarusian IT industry based on interviews with the people at the top of many IT companies and survey conducted among the top Belarusian IT companies, including SaM Solutions. Belarus created a great climate for IT investments and the market is experiencing a boom. Let’s look at the main points of the report and address the main reasons why this boom is happening and where it is going.
This question is one of the hardest in web application development. And the reason for this is simple: applications are a solution to a unique challenge, which may require a particular methodology or a team of web app developers with specific expertise. It is easy to evaluate how much building the Twitter app costs, but building a new custom web app is a frontier that has not been explored yet. While web app development costs may vary, on average, a complete clone of a major social media app costs about $500K and takes nine months to assemble.