Devico Solutions

What Devico Solutions does

Devico Solutions is an IT outstaffing and software development services company headquartered in New York with sales operations in London and engineering/R&D centers in Warsaw and Lviv. Founded around 2009 and operating for more than 16 years, the company sources and delivers vetted software engineering talent from a pan-European network of approximately 3,000 engineers across 14 locations, with recent extensions into Argentina and India. Devico operates under the Flyant holding structure and targets enterprise and mid-market clients primarily in FinTech, Healthcare, Cybersecurity, SaaS, Logistics, and Retail, with named customers including Tipalti, Abbott Laboratories, Castrol, CYDEF, Mode App, and DEFI Wallet.

The company's offering spans six engagement models: Staff Augmentation, Dedicated Team, Software Development Outsourcing, Build-Operate-Transfer (BOT), Remote R&D Center, and Employer of Record (EOR), supported by specialized hire-by-role and hire-by-technology modules covering 100+ technologies. Devico holds ISO 9001:2015, ISO 20000, and ISO 27001 certifications, and claims a 6-step vetting process delivering a 98.6% probation pass rate, 96% engineer retention, and 3.2-year average client tenure. Distribution is sales-led, combining enterprise field sales with inside-sales quote requests, all routed through a 30-minute consultation process; no self-service or marketplace channel exists.

Revenue is generated primarily through monthly billings for staff augmentation and dedicated-team engagements, project-based outsourcing contracts, and longer-cycle managed-services arrangements under BOT and EOR. Pricing is quote-based and not publicly disclosed, with a positioning of 40-60% cost savings versus local hiring. The company reports 100+ clients served and 500+ successful hires cumulatively, with no disclosed venture or private-equity funding, indicating a bootstrapped or self-funded growth model under the Flyant parent.

Name

Devico Solutions

Legal name

Devico Solutions

Website

https://devico.io

Company type

Private

Founded year

2009

Operating status

Operating

Headcount range

101–250 employees

Short description

Devico Solutions is a New York-headquartered IT outstaffing company with R&D centers in Warsaw and Lviv that delivers vetted European software engineers to enterprise and mid-market clients via staff augmentation, dedicated teams, outsourcing, BOT, and EOR engagement models.

Ownership category

akta.pro rank

Product category

IT Staffing & Outstaffing Services

NAICS

Custom Computer Programming Services (541511)

SIC

Services-Computer Programming Services (7371)

akta.pro primary industry

Captive/Global In-House Center (GIC) Setup & Managed Services (BPAEAMAK)

akta.pro secondary industries

Business Process & Digital Transformation Consulting (BPAEAAAD), DevOps Consulting & Transformation (BPAEAKAA), Digital & Technology Transformation Consulting (BPAHACAH)

Keywords

• IT outstaffing services
• Staff augmentation
• Dedicated development teams
• Software development outsourcing
• Remote engineering talent

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Staff Augmentation: Provides vetted developers to augment client's existing teams. Developers work as part of client's team using their tools and workflows. Monthly billing based on developer rates.
2. Software Development Outsourcing: End-to-end project delivery with Devico taking ownership of outcomes, timelines, and quality. Project-based or time and materials billing.
3. Dedicated Team: Full-time remote developers working exclusively on client projects with their own deliverables. Monthly payment model with predictable costs.
4. Build-Operate-Transfer (BOT): Devico builds and manages dedicated offshore development center, then transfers ownership to client after maturity period (typically 12-36 months).
5. Employer of Record (EOR): Devico acts as legal employer handling payroll, taxes, and compliance while client manages day-to-day operations of hired IT professionals.

Pricing tiers

Go-to-market motion3 records

Distribution channels3 records

Marketing channels8 records

Core offering

Devico Solutions is an IT outstaffing company that provides vetted software engineering talent to business clients through multiple engagement models, including staff augmentation (developers embedded into client teams), dedicated development teams, end-to-end software development outsourcing, build-operate-transfer (BOT), remote R&D centers, and employer of record (EOR) services. The company recruits, vets, and places engineers across 100+ technologies (front-end, back-end, mobile, AI/ML, DevOps, cloud) for clients primarily in FinTech, Healthcare, SaaS, Logistics, and Cybersecurity.

Product overview

Devico Solutions is an IT outstaffing company that provides access to vetted software engineering talent through multiple engagement models. Its core offerings consist of Staff Augmentation (on-demand scaling of client teams), Dedicated Team (full-time exclusive teams), Software Development Outsourcing (end-to-end project delivery), Build-Operate-Transfer (offshore team setup and transfer), Remote R&D Center (full-functioning remote development hub), and Employer of Record (international payroll and compliance). These are supported by specialized talent-hire modules for front-end, back-end, full-stack, mobile, AI/ML, and DevOps roles, as well as service modules covering Custom Software Development, QA & Test Automation, DevOps, Cloud Engineering, Data Engineering, UI/UX Design, Digital Transformation, Legacy Modernization, and Technical Debt Management. The portfolio functions as a platform of complementary talent and delivery services rather than a single software product.

Differentiator

Problem solved

Functional benefit

Products and services

• Staff Augmentation An on-demand talent model that allows clients to scale their existing technology teams by adding vetted engineers who integrate directly into the client's workflow, processes, and tools.
• Dedicated Team A long-term engagement model where Devico builds and manages a custom team of full-time developers dedicated exclusively to a client's project, working as an extension of the client's in-house department.
• Software Development Outsourcing End-to-end product delivery where Devico takes full ownership of planning, development, QA, and deployment, providing a complete team that handles a client's project from concept to launch with predictable budgets.
• Build-Operate-Transfer (BOT) A three-phase offshore team-building model where Devico recruits, sets up, and manages a dedicated development center, then transfers ownership of the team and assets to the client after a defined period (typically 12-36 months).
• Remote R&D Center Devico builds and manages a dedicated research and development facility in a remote location, providing clients with a full-functioning offshore development hub including recruitment, office setup, HR, legal, and IT infrastructure.
• Employer of Record (EOR) A service enabling clients to legally hire and manage employees in countries where they have no legal entity, with Devico acting as the legal employer to handle payroll, taxes, and local labor law compliance.
• Custom Software Development Bespoke software engineering services covering web applications, mobile apps, enterprise systems, and custom solutions built to a client's specific business requirements.
• QA & Test Automation Quality assurance services including manual testing, automated testing, performance testing, and security testing to ensure software meets quality and reliability standards.
• DevOps Solutions DevOps consulting and implementation covering CI/CD pipelines, infrastructure as code (IaC), SRE practices, and incident management to accelerate delivery cycles.
• Cloud Engineering Cloud strategy, migration, and development services across AWS, Azure, and Google Cloud, including cloud-native application architecture, containerization, and serverless computing.
• Data Engineering Data pipeline design, data warehouse construction, data integration, and machine learning implementation services to help organizations extract actionable insights from complex datasets.
• UI/UX Design User experience and interface design services including web and mobile design, graphic design, user research, wireframing, data-driven design, and usability testing.
• Digital Transformation Strategic consulting and implementation services to help companies modernize operations through digital technologies, including workflow optimization, advanced analytics, and process automation.
• Legacy Modernization Services to update and transform legacy systems, including cloud migration, code refactoring, new feature integration, and modernization of UI/UX to meet current digital landscape demands.

Quantifiable outcome

• Developers onboarded in days, not months
• +5 more outcomes

Named customers18 records

Segments7 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration30 records

Feature4 records

Scale indicators14 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Andela: Talent marketplace that sources, vets, and places engineers from emerging markets into enterprise engineering teams. Comparable on staff augmentation and dedicated-team models, with similar vetted-talent value proposition.
• GlobalLogic: Hitachi-owned digital product engineering services company providing dedicated teams, BOT-style offshore centers, and outsourced software development across Eastern Europe, LATAM, and Asia. Closely overlaps with Devico's full engagement model suite.
• EPAM Systems: Global digital engineering services firm with deep roots in Eastern European engineering talent, offering staff augmentation, dedicated teams, and outsourced product development. Highly analogous business model and client base to Devico.
• Itransition: Eastern European software development and outstaffing company offering dedicated teams and custom software development. Overlaps with Devico on talent geography (Belarus/Eastern Europe), engagement models, and vertical mix.
• Arc.dev: Remote developer matching platform focused on senior engineers with a vetting process similar to Devico's six-step selection. Comparable on developer placement and integration into client teams.
• BairesDev: Nearshore IT outstaffing and dedicated team provider primarily drawing from Latin America, with a multi-thousand-engineer talent pool. Closely comparable on staff aug, dedicated team, and outsourcing engagement models, differing mainly on talent geography.
• Toptal: Vetted freelance talent network specializing in software engineers, designers, and finance experts, sold on quality-of-hire rather than lowest cost. Comparable to Devico's vetted-talent positioning and enterprise sales-led go-to-market.
• Turing: AI-native platform that matches enterprises with vetted remote software engineers and has expanded into AI/ML engineering talent. Direct competitor to Devico's staff augmentation and emerging AI engineer offering.

Broad incumbents

• Infosys: Global IT services and consulting incumbent with deep offshore delivery, application development, and digital transformation practices. Same underlying buyer and category as Devico, but with vastly greater scale and brand recognition.
• Cognizant: One of the largest global IT services and consulting firms, providing staff augmentation, application development, and digital transformation at massive scale. Competes with Devico for the same enterprise buyer, but as part of a much broader portfolio.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Devico Solutions