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Top 10 IT Staff Augmentation Companies in 2023

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eSparkBiz - Top IT Staff Augmentation companies


Brand value is essential for business, and most companies focus on this goal. Plus, the employees play a vital role here, so companies have now started relying on IT staff augmentation through which they can scale their services by hiring a specialized team of developers that help them focus on their goals.

Irrespective of size, businesses trust IT staff augmentation companies when recruiting the best talent in the field. Top IT staff augmentation companies help businesses fill the gap they feel due to the shortfall of employees. In addition, they help provide talented teams that justify the project needs within a specific budget.

According to a report by the Manpower group, there has been a talent shortage of more than three hundred percent in the last decade. Moreover, more than 65% of companies find it challenging to hire candidates for the job. Staff augmentation can help you find the best person for the job.

To help you find the best staff augmentation company, we’ve curated a list of the companies so you can evaluate them based on your tech expertise and budget.

Top 10 IT Staff Augmentation Companies List for 2023

1. eSparkBiz

With more than 12+ years of experience and 250+ development staff, you can trust the company for its tech solutions and expertise. It has been featured in the top IT staff augmentation companies.

Plus, it has a more than 95 percent client retention rate and has catered to more than 20+ countries worldwide. Moreover, it is ISO 27001 certified with CMMI Level 3. The company has a robust team of developers and project designers that take care of clients’ project needs.

  • eSparkBiz strategically merges design ideas with business analytics. Additionally, it helps with documentation, wireframing, and UX.

Apart from conventional software development, the company also offers staff augmentation. The company has a rating of 4.9 on Clutch and five on HubSpot, which speaks volumes about its professionalism.

2. Premier Systems Inc

Premier

Founded in 1993, Premier Systems Inc. has been the biggest name in staff augmentation since its inception. The company follows the principle of client service and satisfaction. Plus, it meets the marketplace demand in a well-planned, cost-effective, and timely manner.

  • The team of recruiting specialists works to achieve clients’ business targets quickly.
  • Along with providing exceptional value, it maintains interpersonal relationships with clients.

The best part is; it caters to a wide range of business solutions that equip you with the right people and the right skills for the job. The company provides services like – direct placement, managed IT services, contract staffing, contract-to-hire, and project-based services.

3. Flexible Staffing Services

Flexible

Flexible staffing services – established in 1991, have been catering to staffing and augmentation services. It has a strong connection to the success of many companies.

It meets the extended and specific needs to find industrial and critical staffing. Moreover, the company concentrates on the recruitment, development, and retention of dedicated individuals for different roles. Also, it provides meaningful and corporate support.

  • The company sees each associate as a valuable resource and adheres to the standards of excellence.

Moreover, it meets clients’ needs by supplying flexible, superior, and competitive market rates. It is indeed a trusted name in IT recruitment and augmentation services.

4. Veraqor Inc

Veraqor Inc

The company provides the best technical expertise powered by cutting-edge technology. Whether you are a startup or an enterprise, you can rely on effective business solutions from the company. It is ranked among the top IT staff augmentation companies.

  • It provides a selected list of clients, ensuring the unhindered progress of projects. Moreover, it shapes to timely delivery and excellent recruitment services.

Apart from staffing and recruitment, it provides tech solutions like – data management, Artificial intelligence, Machine learning, and Cloud migration. The company can help create customized solutions that cater to your business needs. Veraqor Inc. harnesses the power of technology to shape a better future for clients.

5. CXR agency

CXR agency

CXR agency empowers clients to achieve their business goals through innovative technologies and web solutions. Having completed 400+ projects and serving 200+ clients, it has expertise in client and business relationships.

In addition to the collective experience, it has 30+ awards to its credit, which makes the company a trusted name in IT services. Plus, it believes that technology, in its truest sense – always yields results.

  • You can trust CXR agency for recruitment and staff augmentation services.
  •  You can easily scale your tech teams and recruitment processes with an effective software development team.

6. ProCoders

ProCoders

ProCoders is an IT out-staffing company that works in collaborative environments and drives the best IT teams to companies. It helps build customized teams that keep you ahead of the game.

Moreover, it offers flexible solutions for IT staff augmentation. It works in lockstep that ensures consistency, information accuracy, and punctuality.

Over the years, the company has become a big name in IT staff augmentation services. In fact, in the last five years, the company has provided more than 150 dedicated teams to clients worldwide. Moreover, the solutions provided help you to find the right people for your business needs.

7. Newxel

Newxel

With more than 100+ satisfied clients and 500+ teams of developers, you can trust the company for its expertise and experience.

If your goal is to attract the best team or the best developer for the project, the company will help you hire the team that will suit your need and budget.

  • With distributed development and augmentation – you can get complete support for your services.
  • The company works on a transparent corporation model that allows you to get the best software engineers and set up a local development team in the location you choose.

Newxel also offers varied tech solutions like – web development, mobile development, Blockchain, Cybersecurity, etc.

8. BEON.tech

BEON.tech

The company provides access to high-caliber talent in a limited time frame. The matching specialists and team learn about your company culture and suggest custom-fit candidates according to the requirements.

  • Apart from the successful allocation, the company helps build long-term partnerships.

Plus, it works on a simplified onboarding process that equips the best talents from different parts of the world.

BEON.tech helps you search different profiles and suggest candidates based on your roles. It lets you review cultural and technical insights so that you can get a better understanding of the candidate’s skill. It is one of the top companies for IT staff augmentation.

9. DOIT Software

DOIT Software

DOIT Software is a trusted name in IT staff augmentation. It primarily focuses on your business needs, and you can get the best service based on your service requirements.

If you are a startup business, the company can help in the recruitment of a dedicated development team that will boost performance. Plus, it can strengthen the internal team with other resources. When you share your business ideas with the company – it will help you develop perfect solutions for your team.

Moreover, it has great domain expertise in healthcare, sports, wellness, fintech, management, and many other sectors. It also offers other tech solutions like – web and mobile app development, Data Science, and Artificial intelligence.

10. Devlane

Devlane

Devlane is a software development company, but it provides different tech solutions like – web development, mobile app development, eCommerce, IT strategy consulting, and of course, staff augmentation.

  • Through the staff augmenting model – the company extends the client’s tech teams with the best talent and requirements.
  • Apart from providing complete tech expertise, it also provides all other features that come along with it.

Moreover, it takes care of project management, admin, payroll, legal matters, performance metrics, and incentives for the team. Though the company is relatively new and was founded in 2020, it provides the best expertise in staffing and recruitment processes.

Conclusion

Hiring a development team or employees can be a big challenge for any business, specifically startup companies. However, with the help of IT staff augmentation companies, you can get unmatched flexibility at a reduced cost.

Plus, there is no training required, and you’ll get full admin support. Staff augmentation companies can give access to any professional from any location. Also, you can increase your team’s capacity to add specialists and experts.

Inner Article Images: Provided by the Author; From the Company Website; Thank you!

Featured Image Credit: Provided by the Author; Thank you!

Jigar Agrawal

Jigar Agarwal Digital Marketing Manager @eSparkBiz, Passionate about anything related to Digital Marketing. Wants to unlock the world of technology and Social Media where every day there is a chance of new possibility as well as innovation. He help every SaaS Development companies to improve their ROI.

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Fintech Kennek raises $12.5M seed round to digitize lending

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Google eyed for $2 billion Anthropic deal after major Amazon play


London-based fintech startup Kennek has raised $12.5 million in seed funding to expand its lending operating system.

According to an Oct. 10 tech.eu report, the round was led by HV Capital and included participation from Dutch Founders Fund, AlbionVC, FFVC, Plug & Play Ventures, and Syndicate One. Kennek offers software-as-a-service tools to help non-bank lenders streamline their operations using open banking, open finance, and payments.

The platform aims to automate time-consuming manual tasks and consolidate fragmented data to simplify lending. Xavier De Pauw, founder of Kennek said:

“Until kennek, lenders had to devote countless hours to menial operational tasks and deal with jumbled and hard-coded data – which makes every other part of lending a headache. As former lenders ourselves, we lived and breathed these frustrations, and built kennek to make them a thing of the past.”

The company said the latest funding round was oversubscribed and closed quickly despite the challenging fundraising environment. The new capital will be used to expand Kennek’s engineering team and strengthen its market position in the UK while exploring expansion into other European markets. Barbod Namini, Partner at lead investor HV Capital, commented on the investment:

“Kennek has developed an ambitious and genuinely unique proposition which we think can be the foundation of the entire alternative lending space. […] It is a complicated market and a solution that brings together all information and stakeholders onto a single platform is highly compelling for both lenders & the ecosystem as a whole.”

The fintech lending space has grown rapidly in recent years, but many lenders still rely on legacy systems and manual processes that limit efficiency and scalability. Kennek aims to leverage open banking and data integration to provide lenders with a more streamlined, automated lending experience.

The seed funding will allow the London-based startup to continue developing its platform and expanding its team to meet demand from non-bank lenders looking to digitize operations. Kennek’s focus on the UK and Europe also comes amid rising adoption of open banking and open finance in the regions.

Featured Image Credit: Photo from Kennek.io; Thank you!

Radek Zielinski

Radek Zielinski is an experienced technology and financial journalist with a passion for cybersecurity and futurology.

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Fortune 500’s race for generative AI breakthroughs

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Deanna Ritchie


As excitement around generative AI grows, Fortune 500 companies, including Goldman Sachs, are carefully examining the possible applications of this technology. A recent survey of U.S. executives indicated that 60% believe generative AI will substantially impact their businesses in the long term. However, they anticipate a one to two-year timeframe before implementing their initial solutions. This optimism stems from the potential of generative AI to revolutionize various aspects of businesses, from enhancing customer experiences to optimizing internal processes. In the short term, companies will likely focus on pilot projects and experimentation, gradually integrating generative AI into their operations as they witness its positive influence on efficiency and profitability.

Goldman Sachs’ Cautious Approach to Implementing Generative AI

In a recent interview, Goldman Sachs CIO Marco Argenti revealed that the firm has not yet implemented any generative AI use cases. Instead, the company focuses on experimentation and setting high standards before adopting the technology. Argenti recognized the desire for outcomes in areas like developer and operational efficiency but emphasized ensuring precision before putting experimental AI use cases into production.

According to Argenti, striking the right balance between driving innovation and maintaining accuracy is crucial for successfully integrating generative AI within the firm. Goldman Sachs intends to continue exploring this emerging technology’s potential benefits and applications while diligently assessing risks to ensure it meets the company’s stringent quality standards.

One possible application for Goldman Sachs is in software development, where the company has observed a 20-40% productivity increase during its trials. The goal is for 1,000 developers to utilize generative AI tools by year’s end. However, Argenti emphasized that a well-defined expectation of return on investment is necessary before fully integrating generative AI into production.

To achieve this, the company plans to implement a systematic and strategic approach to adopting generative AI, ensuring that it complements and enhances the skills of its developers. Additionally, Goldman Sachs intends to evaluate the long-term impact of generative AI on their software development processes and the overall quality of the applications being developed.

Goldman Sachs’ approach to AI implementation goes beyond merely executing models. The firm has created a platform encompassing technical, legal, and compliance assessments to filter out improper content and keep track of all interactions. This comprehensive system ensures seamless integration of artificial intelligence in operations while adhering to regulatory standards and maintaining client confidentiality. Moreover, the platform continuously improves and adapts its algorithms, allowing Goldman Sachs to stay at the forefront of technology and offer its clients the most efficient and secure services.

Featured Image Credit: Photo by Google DeepMind; Pexels; Thank you!

Deanna Ritchie

Managing Editor at ReadWrite

Deanna is the Managing Editor at ReadWrite. Previously she worked as the Editor in Chief for Startup Grind and has over 20+ years of experience in content management and content development.

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Politics

UK seizes web3 opportunity simplifying crypto regulations

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Deanna Ritchie


As Web3 companies increasingly consider leaving the United States due to regulatory ambiguity, the United Kingdom must simplify its cryptocurrency regulations to attract these businesses. The conservative think tank Policy Exchange recently released a report detailing ten suggestions for improving Web3 regulation in the country. Among the recommendations are reducing liability for token holders in decentralized autonomous organizations (DAOs) and encouraging the Financial Conduct Authority (FCA) to adopt alternative Know Your Customer (KYC) methodologies, such as digital identities and blockchain analytics tools. These suggestions aim to position the UK as a hub for Web3 innovation and attract blockchain-based businesses looking for a more conducive regulatory environment.

Streamlining Cryptocurrency Regulations for Innovation

To make it easier for emerging Web3 companies to navigate existing legal frameworks and contribute to the UK’s digital economy growth, the government must streamline cryptocurrency regulations and adopt forward-looking approaches. By making the regulatory landscape clear and straightforward, the UK can create an environment that fosters innovation, growth, and competitiveness in the global fintech industry.

The Policy Exchange report also recommends not weakening self-hosted wallets or treating proof-of-stake (PoS) services as financial services. This approach aims to protect the fundamental principles of decentralization and user autonomy while strongly emphasizing security and regulatory compliance. By doing so, the UK can nurture an environment that encourages innovation and the continued growth of blockchain technology.

Despite recent strict measures by UK authorities, such as His Majesty’s Treasury and the FCA, toward the digital assets sector, the proposed changes in the Policy Exchange report strive to make the UK a more attractive location for Web3 enterprises. By adopting these suggestions, the UK can demonstrate its commitment to fostering innovation in the rapidly evolving blockchain and cryptocurrency industries while ensuring a robust and transparent regulatory environment.

The ongoing uncertainty surrounding cryptocurrency regulations in various countries has prompted Web3 companies to explore alternative jurisdictions with more precise legal frameworks. As the United States grapples with regulatory ambiguity, the United Kingdom can position itself as a hub for Web3 innovation by simplifying and streamlining its cryptocurrency regulations.

Featured Image Credit: Photo by Jonathan Borba; Pexels; Thank you!

Deanna Ritchie

Managing Editor at ReadWrite

Deanna is the Managing Editor at ReadWrite. Previously she worked as the Editor in Chief for Startup Grind and has over 20+ years of experience in content management and content development.

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