Summary:After the fall of communism, many of Bulgaria's IT experts left the country and headed to Western Europe. Today, a new breed of ...
Advantages of the sector
Strong traditions in the IT sector:
- The Atanasov–Berry Computer (ABC) was the world's first electronic digital computer. Its inventor John Atanasov, was of Bulgarian descent. The machine was not programmable, but solved systems of linear equations and employed parallel computation
- Bulgaria was the largest manufacturer of PCs within the CMEA, its biggest market being the former USSR
Bulgaria offers qualified human resources working on world-level projects and at competitive salaries.
The country has strong NGOs in the sector.
IT is traditionally an export-oriented sector.
Bulgaria is well prepared for becoming a regional hub because it hosts a number of world and local IT leaders, like SAP, VMware, Johnson Controls, CISCO, HP, Telerik, Musala Soft, Melon Inc. etc.
Source: Basscom, (f) - forecast