Top 30 Trustworthy IT Outsourcing Companies in Vietnam
MOR Software JSC
MOR Software is a leading software outsourcing company in Vietnam with international standards software services
Selecting an IT outsourcing company in Vietnam is becoming a significant global trend. In this article, we'll discuss the reasons for partnering with these companies and showcase 30 leading IT firms in Vietnam, helping you identify the perfect business ally.
What is ITO (IT outsourcing)?
According to Gartner, IT Outsourcing (ITO) is the use of external service providers to effectively deliver IT-enabled business processes, application service, and infrastructure solutions for business outcomes.
This approach allows businesses to focus on their core competencies while leveraging the expertise and resources of specialized IT service providers.
Popular Services Offered of IT Outsourcing
Common IT Outsourcing Models:
Statistics: Vietnam ranked first among outsourcing nations for IT
Statistics on Global IT Outsourcing and Vietnam
In today's fiercely competitive corporate environment, businesses are consistently pushed to enhance their brand value and grow their operations, with Vietnam's market being no different.
For businesses to thrive, adopting strategies to cut costs without compromising on quality is essential. In this context, Vietnamese IT outsourcing companies have emerged as key players in reducing expenses and boosting innovation, playing a vital role in the success of various organizations.
Before engaging these services, it's crucial for businesses to carefully assess potential vendors to find the best fit. Choosing a professional and trustworthy IT outsourcing partner can lead to significant cost savings and ensure sustained quality of work.
The demand for software outsourcing services has notably increased, especially as companies aim to maintain efficient team operations. From 2021 to 2028, the software outsourcing market saw an 8.5% growth. Current trends in software outsourcing indicate a continuing evolution of this need well into 2022 and beyond.
Principal IT outsourcing figures
As a result of the pandemic, 45% of worldwide companies have planned to enhance their outsourcing services. Cloud-based technologies enable 90% of businesses to take advantage of outsourcing market prospects by connecting with dispersed specialists (according to Deloitte). Since companies intensified their quest for digital transformation expertise, the IT outsourcing market has surpassed $1,3 trillion (according to Statista).
70% of organizations utilize the software outsourcing industry for cost reduction, as outsourcing reduces expenses compared to in-house teams. (according to Gartner). Approximately 24% of small businesses engage offshore software development firms to improve productivity.
Current software development market growth in Vietnam 2022’s stats
Vietnam has accepted favorable developments in digital transformation during the past few years. As a result of its expanding technology sector, Vietnam is seen as a suitable location for outsourcing IT services. Each year, educational institutions train 50,000 IT professionals, making the IT industry the most prominent in Vietnam. IT outsourcing in Vietnam is nascent. Vietnam moved up five positions on the Global Services Location Index in 2017. (according to A.T. Kearney, an outsourcing software services consulting firm).
According to Statista, the IT Services of Vietnam market is anticipated to achieve a revenue of US$2.07 billion by 2024, with IT Outsourcing taking the lead and an estimated market size of US$0.70 billion in the same year. A steady annual growth rate (CAGR 2024-2028) of 11.51% is forecasted, leading to an expanded market volume of US$3.20 billion by the year 2028.
The average Spend per Employee in the IT Services market is expected to reach US$34.90 in 2024. In a global context, the United States is set to generate the highest revenue, reaching US$495.30 billion in 2024.
IT outsourcing services include e-commerce, finance, automobile and food delivery, software outsourcing, transportation, Business Process Outsourcing (BPO), high-tech (AI/ML, IoT, and Blockchain), and business service (SAAS).
?
According to OutsourceAsia, the following data pertains to various IT services in Vietnam:
A.T. Kearney ranks in the top 50 nations that provide IT, BPO, and software services (Global Services Location Index 2019). Vietnam is ranked sixth in the report, as opposed to eleventh in the 2017 edition. Intriguingly, the index swings significantly in the direction of digital resonance: financial attractiveness, people and skills, business environment, etc.
Vietnam is the sixth most attractive destination for IT outsourcing services, ranking 2.77 and 1.2 in financial attractiveness and staff availability, respectively.
These recent reports from reputable organizations will alter how others view the IT outsourcing services market in Vietnam.
Does Vietnam merit investment as one of the ideal IT outsourcing countries? Let’s examine how Vietnam IT outsourcing market surpasses other software outsourcing markets.
How Vietnam Becomes The Perfect IT Outsourcing Destination?
Vietnam has several advantages in terms of Demographics, Human Resources, Technology, and Cost-Effectiveness, making it a rising star among the leading outsourcing nations.
Demographics
Vietnam’s population exceeds 97 million, ranking it fifteenth among the twenty countries with the most significant populations. Vietnam is a young country with an average age of 32. It indicates that a high number of individuals participate in the labor force. Each is well educated, particularly in technology.
Many developers begin coding at a young age, with 8.8% starting before 20. 53.2% of software engineers in Vietnam are between the ages of 20 and 29. Thus, an offshore software development company’s IT personnel are young, talented, and competent.
Human resources for IT Outsourcing Services
Vietnam is a great place for IT outsourcing for those seeking new technologies and utilizing a Vietnam software outsourcing company. Therefore, investing in human capital is crucial, particularly for software engineers. Vietnam’s investment in STEM (science, technology, engineering, and mathematics) education has increased.
In addition, offshore software development firms collaborate with educational institutions to create training programs. Reputable colleges invest more in education to increase the quantity and quality of Vietnam IT outsourcing market.
Latest Technological Solutions
The IoT, Artificial Intelligence, Blockchain, and other forms of cutting-edge technology have helped turn Vietnam into a hub for those working in the technology field. Software engineers have the opportunity to improve their technical abilities through this opportunity.
Additionally, it encourages kids to study hard and make much effort to catch up with the most recent technological advancements.
Prospective Locations For Investors
IBM, Sony, and Apple have identified Vietnam as a prospective location for the software development industry. For instance, they relocated the Nokia production from China to Vietnam.
Moreover, Japanese companies have opted to invest in Vietnam’s software development industry for a variety of reasons, including IT outsourcing (ITO) and business process outsourcing (BPO) (BPO). Therefore, international investments allow Vietnam to advance technologically and improve its professional services.
Economic Efficiency
Because the cost of labor is so much lower in IT outsourcing Vietnam compared to the United States, owners of businesses there can realize significant cost savings in their day-to-day operations. MarketsInsider claims that Vietnam is currently one of the top destinations in the world for outsourcing information technology (2019).
Top 30 trustworthy IT outsourcing companies in Vietnam
MOR Software
MOR Software is one of the IT outsourcing companies in Vietnam specializing in creating products and software for the Japanese, Korean, Singaporean, and Vietnamese markets.
MOR Software has subsidiaries in Tokyo, Ho Chi Minh City, Hanoi, and Da Nang. With a team of essential employees who have studied and worked in Japan for a significant amount of time, this Vietnam IT outsourcing company has been constructing a professional working environment in the Japanese style while constantly valuing the openness and friendliness of Vietnamese businesses.
Since October 1, 2018, MOR Software Hanoi has been a MOR Software Joint Stock Company branch. Currently, MH has 150 workers throughout its outsourced and product segments, aiming to rapidly expand to 1000 high-skilled talents by the end of 2023.
?Information:
Employees: 296
Branches all over the world: 4
SAO KHUE 2020
SAO KHUE 2021
SAO KHUE 2022
ISO 9001: 2015 about Quality Management
ISO 27001: 2013 about Information Security Management
KMS Technology
The corporation has offices in California, the United States, and Vietnam. They offer all three of the most critical full-scale agile development services: software development, testing services, and consulting. It is claimed that they can provide speedier speed to enterprises, allowing those firms to maintain their focus on what they are good at doing, which is growing their core company.
Information:
Employees: 501-1,000
Branches all over the world: 3
Top 10 ICT companies 2022
Saigon Technology
Established in 2012, Saigon Technology has become one of the leading Vietnam-based software outsourcing companies in Vietnam. Through hard work and dedication over the last decade, Saigon Technology has grown to five countries (USA, Switzerland, Australia, Singapore, and Vietnam).
Saigon Technology specializes in providing Offshore Software Development Center and Software Outsourcing Services with ISO 9001 and ISO/IEC 27001 and a mature development process that offers seamless communication to clients. The team has supported clients in a wide range of sectors, including banking, finance, e-Commerce, medical services, manufacturing, import/export, logistics, and more.
Its vision is to be Vietnam’s trusted software outsourcing company where clients can find the most affordable and high-quality software development services.
Information:
Employees: 250+
Branches all over the world: 5
ISO 9001
ISO/IEC 27001?
Certification of Excellence among Top 15 Best Software Outsourcing Companies in Vietnam
50 Leading Software companies in Vietnam
领英推荐
FABA Technology?
FABA Technology partners with clients, from startups to large technology organizations, to deliver software development services. This IT outsourcing Vietnam company focuses on building and implementing the whole package of cost-compelling, original, and innovative solutions while relying on their regional specialists and global perspective, as FABA Technology has a talented and dedicated team of talented professionals.
Information:
Employees: 11-50
Branches all over the world: 2
Groove Technology
Groove Technology is an innovative group of software specialists collaborating to provide high-performing, scalable, and secure technology for their clients worldwide. Clients of this IT outsourcing Vietnam company will be able to preserve their competitive advantage in this age of digital transformation with the assistance of Groove Technology’s cutting-edge software development services.
Information:
Employees: 51-200
Branches all over the world: 3
InApps Technology
Ho Chi Minh, Vietnam, is the location of the headquarters of InApps Technology, an IT outsourcing services Vietnam company. In addition to online and mobile app development, they also do user interface and experience design. The year 2016 marked the beginning of the vendor’s provision of services, and fewer than forty members were on the team.
Information:
Employees: 51-200
Branches all over the world: 2
Xenia Tech
Xenia Tech is a Vietnam IT outsourcing company that was established in 2017 and had fewer than fifty employees. This Vietnam outsourced IT company specializes in mobile app development, web development, and web design for small enterprises in information technology (IT), business services, and advertising. Their headquarters are in Da Nang, Vietnam.
Information:
Logix Technology
Logix Technology is an IT outsourcing Vietnam firm with headquarters in Vietnam that was established in 2015 and mainly catered to requests for outsourcing from third parties. This outsourcing company specializes in all of Microsoft’s technology suites, but they strongly emphasize cloud-based technologies and Azure in particular.
Information:
Employees: 51-200
Branches all over the world: 2
TMA Solutions
Since its establishment more than two decades ago, TMA Solutions Company has been one of the most prominent IT outsourcing services Vietnam providers, establishing a positive reputation and gaining global recognition for its superior software outsourcing services. The company offers various software development outsourcing services to clients worldwide, including Software Development, Software Testing, Porting & Migration, Production Support, IT Managed Services, and Visual Design.
Information:
CMMI-L5
TL 9000
ISO 9001: 2000
ISO 27001: 2013
BHSoft
2014 witnessed the beginning of operations for BHSoft, which stands for Bac Ha Software Co., Ltd. Since then, the organization has continued providing its services to customers worldwide. BHSoft ensures that its clients’ needs and requirements will be satisfied by providing them with the most appropriate solution, developed using the most recent technological advancements.
Information:
Top Mobile App Clutch Developers 2019
Top B2B Services Clutch VietNam 2022
Top Software Development Company In VietNam
YITEC Research And Technology Development Co.LTD
YITEC is an IT outsourcing company in Vietnam that concentrates its efforts on investigating and creating technical solutions for enterprises. Their strengths include artificial intelligence, data mining, software development, cloud infrastructure, and game development.
Information:
Top Artificial Intelligence Company Clutch VietNam 2023
Clutch Top Company VietNam 2022
Top AR/VR Development Company Clutch VietNam 2023
AHT Tech Jsc
AHT Tech, a worldwide premium group, has concentrated its development over the past decade on Digital Commerce and Experience to assist clients in rethinking their businesses for the digital age. Their software engineering heritage, combined with digital transformation strategy consulting, design thinking, disruptive IT lifecycle solutions, and multichannel CX solutions, provides actual commercial value to their clients through human-centric innovation.
Information:
Employees: 501-1,000
Branches all over the world: 5
ISO 9001:2015 (quality management system)
ISO 27001:2013 (information security management system
Melisoft
Melisoft is a dynamic and adaptable startup founded in 2019 and headquartered in Hanoi, Vietnam. Their team of IT professionals has more than ten years of experience offering IT outsourcing services in Vietnam and international nations with English as a native language, such as Australia, the United Kingdom, the United States, etc., ranging from startups to large enterprises.
Information:
Investidea Technology
Investidea Technology is regarded as one of the world’s leading information technology companies. They deliver the minimum viable product (MVP) quickly while providing comprehensive IT outsourcing services Vietnam and app development solutions. They were established by the same team of ten enthusiastic IT engineers.
Information:
IT Outsourcing Opportunities Have Turned Vietnam Into An Ideal Destination
Vietnam's software outsourcing industry, especially in IT, is witnessing substantial growth. Major IT hubs like the U.S. and Japan are increasingly relying on external parties for software development. Forecasts suggest that Vietnam's pool of dedicated developers will surpass one million, a significant leap compared to the 70 percent ceiling in countries like India and Ireland.
Moreover, while the cost of developer labor is on the rise in nations such as India and Ireland, Vietnam offers considerably lower developer labor costs, making it an attractive market for IT outsourcing.
Additionally, the instability of governments and social environments in various countries further drives the need for IT outsourcing. Global companies, particularly in the U.S., are outsourcing software development to countries with greater social and political stability. With its stable political environment and social security, Vietnam has become a preferred destination for IT outsourcing, leading to a noticeable shift of outsourcing activities from India and China to Vietnam.
Wrapping Up
With its talented developers and stable economic environment, Vietnam will be the perfect place for IT outsourcing after China and India. Employing an IT outsourcing Vietnam firm would help the organization save expenses and ensure high-quality software solutions. MOR Software, one of Vietnam’s most prominent outsourcing businesses, pledges to deliver profitable software solutions and superior customer care.