Top 10 Tech Formation Alternatives & Competitors

Tech Formation is a dynamic B2B agency specializing in web development using technologies like PHP, Laravel, Vue.js, React, and Node.js. Founded in 2011, they have a strong project management framework, delivering quality solutions to clients. Their team of 10 to 49 skilled professionals is based in India and serves a diverse range of industries. With a minimum project size of $5,000, they cater to clients looking for solid technological expertise within functional budgets.

Below are 10 agencies, including Agriya, SerfCompany LLC | UKRAINE OUTSOURCING | IT Development, Accode, SoftPort, Enignova- Digital Agency, Fraction Tech, Magnatesage Technologies, Halosys Technologies, Markup Designs, HIE HQ:

Top 10 Alternatives to Tech Formation by 7BE

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  • Agriya

    Agriya - A Web Development & Clone Scripts Company

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    Pros:

    Affordable rates for various project sizes.
    Strong commitment to client projects.
    Established presence since 2000.

    Cons:

    Larger employee count might reduce personalized service.
    May lack cutting-edge technologies.
    Min project size higher than Tech Formation.

    < $25 / hr

    50 - 249

    Founded in 2000

    $1,000+

    Chennai

    Verified

    Focus

    40% Custom Software

    40%40% Custom Software

    15%15% Web Design

    15%15% eCommerce

    10%10% UX/UI Design

    10%10% Enterprise App Modernization

    5%5% Application Testing

    5%5% Other Application

  • SerfCompany LLC | UKRAINE OUTSOURCING | IT Development

    Experienced laravel php development company expert

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    Pros:

    Good price-to-quality ratio.
    Flexible project size options.
    Expertise in Laravel, similar to Tech Formation.

    Cons:

    Fewer employees might limit project capacity.
    Located in Ukraine, potentially higher shipping costs.
    User opinions vary on management consistency.

    $25 - $49

    10 - 49

    Founded in 2005

    $1,000+

    Kharkiv

    Verified

    Focus

    40% Custom Software

    40%40% Custom Software

    20%20% eCommerce

    20%20% Application Management & Support

    10%10% Other Application

    10%10% Enterprise App Modernization

  • Accode

    Premium Software Development

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    Pros:

    Timely project delivery praised.
    Low minimum project size is appealing.
    Specializes in premium software development.

    Cons:

    Limited employee count may affect scale.
    Newer company founded in 2019.
    Less industry recognition compared to older firms.

    $25 - $49

    2 - 9

    Founded in 2019

    $1,000+

    Bengaluru

    Verified

    Focus

    70% Custom Software

    70%70% Custom Software

    15%15% eCommerce

    10%10% Enterprise App Modernization

    5%5% Other Application

  • SoftPort

    Software Simplified

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    Pros:

    Consistent delivery and good reputation.
    Focus on simplified software solutions.
    Affordable rates fitting various budgets.

    Cons:

    Younger firm since 2016 may lack experience.
    Limited employee count affects project scope.
    User feedback on improvements needed.

    $25 - $49

    10 - 49

    Founded in 2016

    $1,000+

    Hyderabad

    Verified

    Focus

    60% Custom Software

    60%60% Custom Software

    10%10% eCommerce

    10%10% Other Application

    10%10% Enterprise App Modernization

    5%5% Application Testing

    5%5% Application Management & Support

  • Enignova- Digital Agency

    विकाशील डिजिटल संस्था - A Growing Digital Agency

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    Pros:

    Strong understanding of client projects.
    Low minimum project requirements.
    Growing digital agency offers fresh perspectives.

    Cons:

    Younger firm since 2017 could lack depth.
    Limited resources compared to larger firms.
    Lower hourly rates may raise concerns about quality.

    < $25 / hr

    10 - 49

    Founded in 2017

    $5,000+

    Ahmedabad

    Verified

    Focus

    60% Custom Software

    60%60% Custom Software

    20%20% eCommerce

    10%10% Enterprise App Modernization

    5%5% Application Testing

    5%5% Other Application

  • Fraction Tech

    WE CREATE A CONCEPT INTO THE MARKET

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    Pros:

    Focus on user-oriented designs.
    Flexible development for custom needs.
    Strong growth and scalability promised.

    Cons:

    Potential inconsistency due to growth phase.
    General expertise may not suit all industries.
    Fewer resources compared to larger competitors.

    $25 - $49

    10 - 49

    Founded in 2013

    $1,000+

    Ahmedabad

    Verified

    Focus

    55% Custom Software

    55%55% Custom Software

    15%15% eCommerce

    15%15% Other Application

    15%15% Enterprise App Modernization

  • Magnatesage Technologies

    Solutions Beyond Technology

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    Pros:

    Consistently delivers based on user feedback.
    Established since 2009 with industry experience.
    Affordable rates suit various budget sizes.

    Cons:

    Higher project minimum than Tech Formation.
    Limited employee count may restrict capabilities.
    Potentially lower innovation in solutions.

    < $25 / hr

    10 - 49

    Founded in 2009

    $5,000+

    Ahmedabad

    Verified

    Focus

    40% Custom Software

    40%40% Custom Software

    15%15% Enterprise App Modernization

    15%15% Wearable App

    10%10% eCommerce

    10%10% Internet of Things

    5%5% Application Testing

    5%5% Other Application

  • Halosys Technologies

    Mobile Apps Development, Drupal Web Development

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    Pros:

    Expertise in various technologic areas.
    Based in the U.S. for easier collaboration.
    Good employee count allows for larger projects.

    Cons:

    Undisclosed hourly rates can lead to uncertainty.
    Established in 2006 but may lack market agility.
    Dependence on local market for competitiveness.

    Undisclosed

    50 - 249

    Founded in 2006

    $1,000+

    Woburn

    Verified

    Focus

    66% Custom Software

    66%66% Custom Software

    7%7% eCommerce

    6%6% Application Testing

    6%6% Enterprise App Modernization

    5%5% UX/UI Design

    5%5% Web Design

    5%5% Other Application

  • Markup Designs

    Growing Digital Businesses & Achieving New Height

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    Pros:

    Strong U.S. presence aligns with North American trends.
    Digital marketing expertise enhances service scope.
    Larger employee base for diverse project offerings.

    Cons:

    Higher hourly rates compared to competitors.
    Focused primarily on digital marketing services.
    Newer firm might lack long-term trustworthiness.

    $50 - $99

    50 - 249

    Founded in 2012

    $1,000+

    Doral

    Verified

    Focus

    40% Custom Software

    40%40% Custom Software

    10%10% Blockchain

    10%10% eCommerce

    10%10% Internet of Things

    10%10% Other Application

    5%5% UX/UI Design

    5%5% Web Design

    5%5% Enterprise App Modernization

    5%5% ERP Consulting and SI

  • HIE HQ

    Your Product Partner

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    Pros:

    UI/UX design expertise essential for startup growth.
    Focused on product partnership for mutual benefit.
    Affordable rates for high-quality services.

    Cons:

    Very new in the market, limited experience.
    Higher minimum project size may limit access.
    Limited recognition compared to established players.

    $25 - $49

    10 - 49

    Founded in 2019

    $10,000+

    Noida

    Verified

    Focus

    30% Custom Software

    30%30% Custom Software

    10%10% UX/UI Design

    10%10% Web Design

    5%5% IT Staff Augmentation

    5%5% Artificial Intelligence

    5%5% Product Design

    5%5% Blockchain

    5%5% AR/VR

    5%5% eCommerce

    5%5% Internet of Things

    5%5% Other Application

    5%5% Enterprise App Modernization

    5%5% Wearable App


Comparisons

Cost of services

  • Agriya offers lower hourly rates starting at < $25, making it a cost-effective option compared to Tech Formation.

  • Enignova also starts at < $25; ideal for customers needing versatility in pricing for smaller projects.

  • Accode provides competitive pricing for agencies looking for affordable services within the $25 - $49 range.

Geography

  • SerfCompany LLC offers a geographical advantage for clients looking for development outside India but with cost-effective rates.

  • Markup Designs has operations in the U.S., ideal for businesses wanting direct collaboration with local agencies.

  • Agriya, while based in India, has a significant employee count providing vast scalability for large regional projects.

Technologies

  • Tech Formation specializes in PHP and Laravel which are core technologies for many web applications, setting them apart.

  • SerfCompany LLC highlights expertise in Laravel, making them similarly qualified for complex PHP projects.

  • Accode has a focus on timely project delivery which is key in fast-paced tech environments.


Recommendations

  • Launching on a limited budget

    Agriya is best suited for launching on a limited budget, starting projects at just $1,000 with hourly rates below $25.
  • Collaborating with U.S.-based agencies

    Markup Designs is ideal for companies wanting collaboration with U.S.-based agencies due to their local presence and expertise.
  • Looking for long-term digital partnership

    SoftPort can be a reliable partner for long-term digital collaboration, consistently delivering on promises and fostering strong relationships.
  • Requiring niche B2B industry expertise

    SerfCompany LLC stands out for niche B2B industry expertise in Laravel PHP, making them a robust choice for tailored solutions.
  • Solving business problems with custom solutions

    Fraction Tech excels at creating custom solutions tailored to business needs, ensuring user-focused designs and scalable infrastructure.

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