www.interventure.info

THE EFFICIENT SOLUTION AGAINST THE SHORTAGE OF SOFTWARE SPECIALISTS,INCREASING COST PRESSURE AND LONG TIMES-TO-MARKET

NEARSHORE SOFTWARE OUTSOURCINGYOUR OWN TEAM MODEL

NEARSHORING 2.0InterVenture is a Swiss company which specializes in the establishment of client-own software de-velopment teams in Belgrade. By doing so, we not only o!er you time- and cost-e"cient access to highly quali#ed software specialists, you receive your own nearshore center, fully managed by us.

WELCOME TO INTERVENTURE

You would like to extend your team with quali#ed software developers in the long term and thereby save time and costs? By building up your own development team in Serbia, InterVenture o!ers you a proven nearshoring solution, which enables you to extend your development capacities on a cost- e"cient and sustainable basis.

We recruit the desired developers in close collaboration with you and establish them at our nearshore development center in Belgrade. Thereby we do not only ensure the perfect match of the required developer pro#les, but we also take comprehensive measures in order to secure high performance of your team and to achieve its seamless inte-gration into your existing team- and project organisation.

In this way you receive own, permanently employed (near-shore-) sta! members, who work for you remotely and under your direct management. You do not have to care about the administration nor about the infrastructure and can reduce your labour costs signi#cantly at the same time.

Inhouse Team Client-ownNearshore Team Remote Collaboration

Client o!ce InterVentureNearshore Center

As if everybody is workingin the same o!ce

Your Own NearshoreDevelopment Team

The Own Team Model

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“A positive atmosphere, smart and enthusiastic colleagues along with the chance to develop creative solutions make me feel here at home.“

Aleksandar GlavasSoftware Engineer at InterVenture

By establishing client-own development teams at our nearshore center in

Belgrade, we offer an efficient nearshoring solution, which includes a wide

set of integrated services ensuring an overall carefree business flow. That way

you can fully focus on your core business, while we completely take care of

your development team.

NeedsAnalysis & Consulting

Collaboration -Support & Coaching

Infrastructure -Management

Recruiting &Team FormationClient Support

HR Services &Administration

Our All-Inclusive Service

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Needs Analysis and Consulting Analysis of the profile requirements and needs of our clients Consulting regarding the optimal nearshoring strategy

Recruiting and Team Formation Recruiting and assessment of the candidates through our HR

and Team Manager Organisation of the interviews between pre-selected candi-

dates and the client Final assessment of candidates and recommendation

Infrastructure Management Complete working station with PC according to client‘s specifi-

cation and its maintenance Comfortable fully furnished working places Open space working places for client visits Managed fiber internet connection 24/7 IT administration and support Communication systems: Data, video conferencing and audio Free of charge beverages, fruits and snacks Daily office cleaning

Collaboration – Support and Coaching Consulting on best-practice tools, processes and collaboration

mechanisms Close monitoring and reporting of the progress, particularly

during the ramp-up stage

HR-Services Regular face to face meetings with all team members Probation period, mid- and year-end appraisals Semi-annual personal satisfaction surveys Diverse employee retention activities Hobbytech-groups Sports groups (jogging, basketball, football)

Administration Administration of employment contracts Payroll - salary and social contribution payments Pension fund management Monthly invoicing (salaries and InterVenture fee) Tax and legal services

Client Support Local account management Client support on travel arrangements, flight and hotel reser-

vations

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As the world market for ICT continues to evolve

and demand for software engineering increas-

es, Serbia is well placed both geographically

and structurally to provide a cost effective and

reliable alternative to other, already established

markets.

An outstanding pool of intellectual capital,

attractive labour costs, excellent worker skills,

a good communications network and a high

fluency in English are just some of the key com-

petitive advantages that have already attracted

international software companies to expand to

Serbia.

Software giantsMany leading global IT companies already have an own nearshore development

center in Belgrade, Serbia:

Microsoft Redhat IBM Oracle

Intel Hewlett Packard Siemens SAP

Motorola Cisco Systems Ericsson Telenor

Population: With approx. 8 million inhabitants one of the largest countries in the region

Geographic Position: South East Europe

Capital: Belgrade with approx. 3 million inhabitants

Time Zone: GMT+1 – same time zone as Zurich, Berlin, Vienna, Stockholm

Airport: Belgrade, reachable in less than 2 flight hours from most European cities

Why Nearshoring inSerbia?

“Serbia has great potential in the IT industry, that is why the world’s biggest software company decided to open a development centre in Belgrade.”

“It’s not a coincidence that Intel opened its regional o!ce in Serbia. It has a great strategic position and a capable and well educated workforce.”

Mr. Christopher BrennanCentral Eastern Europe General Manager, Microsoft

Mr. John E. DavisVice President and Director of the Global Program Development, Intel

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Great IT Talent Pool at Lower Costs right Next Door

BELGRADE

Large talent poolNatural sciences are traditionally very popular in Serbia.

Around 4’500 engineers graduate from a Technical Uni-

versity each year. Government subsidy programmes and

investments support this trend also in the future.

Good availability There is no distinct “War for Talent” in Serbia yet, so the

availability of highly qualified software developers is

much better than in Western Europe.

Easy coordinationThe same time zone, similar cultures as well as a compa-

rable working attitude guarantee an efficient collabora-

tion.

CommunicationAbove average English skills enable easy communication.

Competitive costsLabour and operating costs in Serbia are significantly

lower than in Western Europe. We pass this substantial

cost advantage directly on to our clients.

Geographical proximityBelgrade can be reached from the most major Western

European airports in less than 2 flight hours.

$

High MobilitySerbian citizens can travel to the Schengen area without visa.

For foreign citizens is the entry to Serbia visa-free as well.

Locational advantages at a glance

„Serbia is becoming one of the Europe’s most attractive IT hot spots. An outstanding pool of intellectual capital, attractive costs, a skilled work force, a good communications network, and a high fluency in English labor are just some of the key advantages that usually attract international companies to expand ICT businesses in Serbia.”

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ZurichVienna

1h 20’

1h 50’

1h 25’

1h 35’

Munich1h 30’

Frankfurt

Belgrade

Roma

2h 40’

2h 25’Paris

Lisbon

Dublin

Berlin1h 45’

2h 30’

2h 00’

OsloStockholm

Copenhagen

Helsinki

3hoursFLIGHT

2hoursFLIGHT

London

Madrid

2h 00’Brussels

Amsterdam2h 15’

Belgrade - Your First SoftwareOutsourcing Destination

“As a startup we rely on committed and competent employ-ees as well as on reasonable labour costs. With our own de-velopment team in Belgrade InterVenture can o!er us both.”

Martin LocherProject Lead Webdeluxe, Livestar GmbH

Software Development in all common programming languages and related technologies

Quality Assurance (QA)

System Administration

Project Management

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Due to our outstanding reputation within the Serbian IT community and our extensive network, we can quickly support you with top-qualified specialists in the following areas:

Technology Expertise

SalaryDepending on experience and seniority, education and expertise in

a specific programming language, gross monthly salaries in Serbia

range from EUR 1,550 to EUR 2,550. Salaries are negotiated individ-

ually with each candidate.$

Service feeThe InterVenture fee is a monthly all-inclusive fee, which covers all

operating and administrative InterVenture services together with

the infrastructure costs. Only possible travel expenses and special

software licences are excluded from the fee.

One-time setup feeWhen hiring a new employee a one-time setup fee is charged. This

fee covers all recruiting costs and the provision of a fully equipped

workplace.

Our services are typically

charged with a monthly rate.

Thereby we use a transparent

pricing model that consists of

the developer‘s gross salary and

a service fee (InterVenture fee).

In this way the client has full

transparency and keeps track of

the costs at all times. For new

employees a one-time setup fee

applies in addition.

Salariesand Costs

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Average Cost ComparisonIn-house vs. Nearshore

Costs: 100% vs. 49%

Source: „Vergütungsstudie IT Funktion 2013“ (www.personalmarkt.de)

Salary & Social Contributions

InterVenture Service FeeSalary & Social Contributions

Recruiting

O!ce & InfrastructureAdmin & HR

Serbia (Nearshore)Germany (In-house)

More than

Cost Savings50%

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1. Sustainable extension of capacitiesYou can extend your development team with highly skilled developers in the long term and according to your specific needs.

2. Shorter times-to-marketBased on the good availability of IT specialists in Serbia and the associated short recruiting periods, you can reduce your times-to-market significantly.

3. Signi!cant cost advantagesYou realise over 50% cost savings compared to the estab-lishment of an equivalent team at your local office.

4. Full project controlDue to own management and direct collaboration with your nearshore developers, you remain in full control of your projects at any time.

5. Long-term knowledge build-upWith your own, permanently employed nearshore team, you ensure a sustainable knowledge build-up.

6. Focus on core businessYou can focus on the growth of your core business, while we completely take care of the required resources.

7. Transparent pricingThe unique transparent pricing model enables you to apply variable salary components where desired.

8. Spin-o" optionIn case that business requires a different organisational struc-ture, you have the option of a complete takeover of your team.

9. Low exit riskThe contractual notice period for the nearshoring coop- eration amounts to 7 days during the first 6 months and thereafter to 3 months.

10. Legal securityThe contracts are signed with InterVenture Nearshoring GmbH in Zurich and are subject to Swiss law.

10 Reasons for Nearshoring with Us

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“We link outstanding companies with outstanding people and thereby take part in the creation of outstanding prod-ucts and services.”

Michael WaltManaging Partner at InterVenture

InterVenture is a Swiss nearshoring company, special-ised in the establishment of client-own software devel-opment teams in Serbia.

With our Own Team Model we o!er our clients an e!ective nearshoring solution, which enables them to extend their development capacities cost-e"ciently and sustainably. By doing so we create at the same time a secure future for talented software engineers in Serbia with outstanding career opportunities in an internation-al environment.

At InterVenture a competent and motivated team awaits you, which has comprehensive nearshoring know-how and excellent contacts within the Serbian development community.

About InterVenture

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InterVenture Nearshoring GmbH, ZurichHeadquarters / Account Management

InterVenture d.o.o., BelgradeNearshore Development Center

DRSdigital AG, Frankfurt (Germany)www.drooms.com

Technologies: Ruby, JavaScript, AndroidNumber of developers as of December 2013: 5

References

“With InterVenture we were able to extend our devel-opment team optimally. Due to daily SCRUM-meet-ings our team in Belgrade is completely integrated in all our projects.“

Frank RennekampCTO, DRSdigital AG

“After seeing that InterVenture’s Own Team Model works out well for us, we have expanded our initial team in Belgrade from three to seven developers within three months.“

Andre MarenkeHead of Development, Mediatech Solutions S.L.

Mediatech Solutions S.L., Madrid (Spain)www.mediatechsolutions.es

Technologies: .NET/C#, QANumber of developers as of December 2013: 7

info@interventure.infowww.interventure.info

InterVenture Switzerland

InterVenture Nearshoring GmbH Luegislandstrasse 1058051 ZurichSwitzerlandTel. +41 43 299 69 70

InterVenture Serbia

InterVenture d.o.o.Kneza Danila 5611000 BelgradeSerbiaTel. +381 11 240 58 54

Your Points of Contact

Marko DjuricManaging Partner

Michael WaltManaging Partner