Companies

How did London and Sofia become hubs for the work of European technology studio Skillwork?

Despite inflation, squeezed corporate budgets and geopolitical crises, the IT labour market in Bulgaria has remained relatively stable.

Falcon 9 launched into orbit a new achievement for our country - the first fully Bulgarian artificial satellite with scientific purpose and functions.

In 2024, Bulgaria moved up one position in the StartUp Blink report on the state of startup ecosystems around the world.

Growth or decline? Slowdown or acceleration? Lack of sufficient work and highly qualified staff? You have probably heard some of these words about the IT industry in Bulgaria in the coming year.

This year has been an extremely dynamic one in the field of acquisitions in the technology industry. Some of the ecosystem's emblems - old and new - took part in them.

Despite concerns about a lack of sufficient jobs for IT professionals over the past year, there are companies that continue to expand their teams.

How do you represent the one and who needs to save him?

After nearly 17 years in the IT industry, Martin Atanasov is taking advantage of a longer career break for the first time. The reasons were twofold - the need for a break and the need for more quality time with family.

How much do software engineers at the so-called Big Five companies - Alphabet, Amazon, Apple, Meta, and Microsoft - make? DEV.BG checked with Business Insider, which summarizes salaries in the sector on an annual basis using its Salary comparison tool*.

In the new European Commission, Bulgaria is expected to get the "Start-ups, Research and Innovation" portfolio. This proposal of the president of the institution, Ursula von der Leyen, was met with criticism in Bulgaria - from claims that the portfolio is weak to those that our country has more to prove on the technological map of the world.

"As we look back on the last five years or so, we continue to believe that the benefits of being in the office together are significant. "With those words, CEO Andy Jassy told his 1.5 million colleagues at Amazon that by 2025 they should once again work in the office five days a week.

According to statistics in the analytical platform What's the BIG DATA, 63% of technology startups fail, and only 10% of them manage to become sustainable businesses.

The ranking is based on data from DEV.BG's job board as of the beginning of March 2024, which includes over 1,400 companies offering IT positions in Bulgaria.

We analyze which are the new companies for the Bulgarian IT market, present in the Job Board of DEV.BG.

Last year we witnessed not only multi-million investments in domestic IT companies, but also a number of mergers and acquisitions (M&A) in the sector.

Technology companies founded in Bulgaria or with Bulgarian roots attracted more than $235 million in 2023.

All these selected moments are, of course, a very small part of what will happen in the IT industry in 2023.

Some of the key global trends in the healthtech sector are also driven by Bulgarian players who share their role in them.

In 5 eloquent charts we analyse data from our Job Board as of 31.10.2023, where over 1300 companies have their career profile.