COE Hotspots of the World | Location Analysis

Globalization is no longer an option but an imperative. Zinnov research reveals that enterprise software companies with globalized engineering R&D locations are higher valued at 7.1x compared to companies with domestic ER&D, valued at 5.4x. Additionally, due to accelerated digital transformation trends, continued global talent crunch, and increased cost optimization expectations exacerbated by COVID-19, product innovation needs to be accelerated to reduce time-to-market and circumvent external disruptions. Hence, companies are on the lookout for global talent hubs where they can build Centers of Excellence (CoEs) with complete software engineering teams that not only own and build products but can also be grown at scale.

Zinnov’s CoE Hotspots of the World report provides an in-depth analysis of 13 countries across APAC, North America, LATAM, and Eastern Europe across the dimensions of talent, ecosystem maturity, ease of doing business, and cost where organizations can build world-class CoEs and nurture full and scalable software engineering teams at affordable costs.

Global Software Engineering Talent Availability and Cost

Center Of Excellence Hotspots Global Map

Why download this report?

Get insights on top locations to build world class CoEs where you can:

Build scalable and full Software Product Engineering teams
Leverage a mature ecosystem of start-ups, Service Providers, and universities
Benefit from high ease of doing business
Build teams at affordable costs

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To get access to the full report, please drop us a note at info@zinnov.com

Zinnov evaluated the 13 identified countries based on the following 4 key factors:

Talent Availability
Software Engineering Ecosystem Maturity
Ease of Doing Business
Cost Analysis

While all 13 countries in this analysis have proven software engineering capability, in terms of building CoEs, India, China, Canada, Poland, and Mexico are the Top 5 CoE Hotspots of the World.

Center Of Excellence Hotspots - Lithuania

Center Of Excellence Hotspots - Bulgaria

Center Of Excellence Hotspots - Philippines

Country Ranking based on their potential to build a COE

Country wise Rankings of Center Of Excellence Hotspots

Source: Zinnov Reports, Zinnov Secondary Research

To accelerate your organization’s growth and innovation journey, you need access to best software engineering talent. We can help you establish high-performing Centers of Excellence with top-notch infrastructure, high impact HR policies, and a partner ecosystem that is conducive for innovation.

For more details about working with us, drop us a note at info@zinnov.com and we will get in touch with you.

FAQs

FREQUENTLY
ASKED QUESTIONS

A Center of Excellence (CoE) is defined as a body in an organization that has leading-edge knowledge and competency in a particular area and is comprised of highly skilled individuals and experts.

Zinnov evaluated 13 countries across APAC, LATAM, and North America to narrow down the CoE hotspots of the world.

CXOs; Strategy, Operations, and HR leaders from Global MNCs; Private Equity firms are some of the key stakeholders who will benefit from the analyses in this report.

The selection of the 13 countries was made based on the fact that all of them show high potential for software engineering, as observed by Zinnov in its 18 years of extensive experience working with global technology organizations, PE firms, and Service Providers. Other aspects include the presence of significant talent pool, ecosystem maturity, affordable cost and ease of doing business in terms of geopolitical stability, English proficiency and IP and Data privacy.

Organizations should set up global CoEs -

To de-risk business
To initiate transformative change in the organization in a scalable and sustainable format
To provide visibility, focus and establish commitment to innovation
To provide flexibility to innovate fast and fail fast

An organization can measure the success of their CoE by measuring:

The expertise showcased by a CoE – Relevant, Deep, and Unique (IP worthy, PoC generated) expertise
Its ability to impact the organization by shaping its business vision and technology roadmap and/or by helping the organization fill the skill gap/market gap to achieve the vision
Its ability to generate economic value for HQ and drive product ownership and technology leadership

Here are the top key levers to build successful Centers of Excellence:

A well-defined vision with strong executive sponsorship
Selecting the right location with a strong external ecosystem
Skill availability and other parameters discussed in this report
Creating an organization structure that empowers the CoE to take up ownership and hence sets it up for success
Building a strong Talent Strategy
Well-defined governance and operating model
Prioritizing the right use cases and problems to solve for, by the CoE
Fostering meaningful partnerships with start-ups, academia, and other companies

An effective CoE must have the following attributes in order to drive high-impact value and ROI:

High engineering maturity
Clearly defined center persona
Top-notch talent attraction and retention
Partnership with external ecosystem
Visionary leader to drive innovation

COE HOTSPOTS

OF THE WORLD

In-depth Location Analysis to build world-class Centers of Excellence (CoE)

Global Software Engineering Talent Availability and Cost

Why download this report?

Get insights on top locations to build world class CoEs where you can:

To get access to the full report, please drop us a note at info@zinnov.com

Zinnov evaluated the 13 identified countries based on the following 4 key factors:

Country Ranking based on their potential to build a COE

FAQs

Speak to our consultants for more details

COE HOTSPOTS

OF THE WORLD

In-depth Location Analysis to build world-class Centers of Excellence (CoE)

Global Software Engineering Talent Availability and Cost

Why download this report?

Get insights on top locations to build world class CoEs where you can:

To get access to the full report, please drop us a note at info@zinnov.com

Zinnov evaluated the 13 identified countries based on the following 4 key factors:

Country Ranking based on their potential to build a COE

FAQs

What is a Center of Excellence?

How many countries were evaluated for the report on CoE Hotspots of the World?

Who can benefit from this report?

What was the criteria for selecting the 13 countries evaluated in this report?

Why should organizations set up CoEs?

How can organizations measure the success of a CoE?

What are the key levers to build successful CoEs?

What are the key attributes of an effective CoE?

Speak to our consultants for more details

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