Turkey has emerged as a popular destination for IT nearshoring by European companies due to its highly skilled and cost-effective workforce. Turkey’s skilled workforce is a result of a robust education system that produces talented graduates with expertise in the latest technologies.
According to data from the Turkish Statistical Institute, there were over 2.5 million students enrolled in higher education institutions in Turkey in the 2019-2020 academic year. Turkey has a large number of universities and technical schools that offer degree programs in IT, computer engineering, and other related fields. The number of IT and computer engineering graduates in Turkey has been steadily increasing in recent years, with over 140,000 students graduating from these programs in the 2019-2020 academic year alone.
In addition to a large pool of graduates, Turkey’s workforce is highly skilled in the latest technologies. According to the 2020 Global Skills Index by Coursera, Turkey ranks 12th in the world for overall technology skills. The report found that Turkey has a highly skilled workforce in areas such as cloud computing, big data, cybersecurity, and software development.
Moreover, Turkey’s cost of labor is significantly lower than in many European countries, making it an attractive destination for companies seeking to reduce costs without sacrificing quality. According to data from the Organisation for Economic Co-operation and Development (OECD), the average annual wage for a software developer in Turkey was $19,000 in 2019, compared to $50,000 in the United Kingdom and $80,000 in Switzerland.
In addition to a highly skilled and cost-effective workforce, Turkey offers a number of other advantages for European companies seeking to outsource their IT functions. These include a favorable geographical location that makes it easy to serve multiple markets, a strong cultural alignment with Europe, and a well-developed infrastructure for IT and software development.
In conclusion, Turkey’s highly skilled and cost-effective workforce, along with its other advantages, make it the smart choice for European companies seeking to outsource their IT functions. With a large pool of talented graduates and expertise in the latest technologies, Turkey offers a high-quality and cost-effective alternative to other IT nearshoring destinations.
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