Outsource2Lithuania - the Best Choice on Near-Shore Outsourcing

Outsource2Lithuania presentation

Goal

Outsource2Lithuania project was started by the Association Infobalt in 2004 as a response to members' suggestions and   initiatives. It is aimed at uniting the Lithuania's information technology and communications (ICT) business corporations, who are potentially exporters of products and / or services. The goal of the Project is to achieve that the Lithuanian ICT business corporations take the leading position among the providers of ICT offshore outsourcing service in Europe. It also seeks to develop Lithuanian ICT products and services, encourage the exports to international markets, and contribute to establishment of a positive image of the Lithuania's ICT market. Although Lithuania has no image in this field for the time being, it has every precondition necessary to establish such an image. According to Gartner Inc. experts' evaluation, the growth of ICT resource outsourcing market has constituted some 40 per cent over the last year alone. Lithuania, among other countries of the Eastern Europe, is rated as one of the most attractive providers of this type of service.

Our Mission

For achievement of the goals of the new project, efficient international marketing efforts are to be employed including dissemination of the information on a web portal, through international exports web sites, and specialist editions in print, presentation of the Lithuania's ICT potential at various ICT offshore services forums abroad, enticement of potential partners, as well as Governmental institutions and agencies, to promote the Project internationally. The participants of the Project shall be offered a training course (embracing marketing, exports, outsourcing specifics, international business public relations, participation on business missions, etc.).

Why should you choose Lithuania as a partner?

· Fastest growing economy in Europe
· One of the lowest corporate tax rates in Europe
· European Union oriented export
· High level of education
· Excellent infrastructures
· Stable legislative system
· Modern project management
· European business culture

Participants

The Project is open for participation by member corporations of Association Infobalt, pursuing a business related to cross-border activity, encouragement of exports, etc. It is expected that up to 40 Lithuanian ICT corporations could be attracted within the first stage of the Project, working in such fields as system integration, software development, data centre operation, as well as education establishments, marketing organizations, and training facilities. According to the Project's policy, any strategic decision on the Project's activity shall be taken through a consensus of all the Project members. Particular implementation tasks of the Project are to be carried out by the Infobalt staff.

At the moment “Outsource2Lithuania” unites 22 medium-sized companies. Many of them have experience in international outsourcing and provide enterprise application design services, software development, security solutions, verification and validation services, etc. “Outsource2Lithuania” collaborates with Eastern Europe companies and associations and can easily attract additional ITT forces.

Foreign companies are invited to register on the project portal www.outsource2lithuania.com and use it as a tool for project announcement and a partner search engine free of charge.

Management

Participation in the Project is based on a fee. Each corporation willing to participate shall be charged a membership fee assessed in relation to its turnover, estimatedly ranging from 1000 to 3000 Litas a year. Membership fees, however, shall by no means be the sole source of financing of the Project. Additional sources of financing shall be sought to expand the added value of the Project.

Each member of the Project shall be offered a space, for the placement of its corporate information, on the World Wide Web (Export Portal www.outsource2Lithuania.com) and on a Compact Disk, to be distributed to potential customers of ICT resource outsourcing services in Europe and Asia. The information on the undertakings of the participating businesses, their services and products shall be distributed by Association Infobalt and its partners, including Lithuanian Development Agency, International Chamber of Commerce, and the Ministry of Foreign Affairs, throughout Lithuania as well as at international ICT events. Each Project member shall be entitled to use the trademark Member of the Project „Outsource2Lithuania“.