The Scalers’ 2023 Recap: rising above challenges together

Emilien Coquard
3 min readJan 16, 2024


The year 2023 has been (arguably) the toughest in the IT industry. Ever.

Good proof of it is the 152,000 layoffs announced so far this year in tech, up 716% from the same period last year.

Yet, The Scalers kept growing and closed another successful year.

In 2023, among other milestones, we opened new offices, earned the Great Place to Work recognition for the second consecutive year, and had a record number of partners visiting their teams in Bangalore, India.

Scaling never stops!

The Scalers’ growth this year can be measured in numbers:

  • We experienced a +30% revenue growth.
  • We hired 240 engineers for our partners.
  • We officially expanded to our 5th global location.

Plus, we have new and exciting business opportunities in the pipeline. The end of the year has slowed down the tech industry’s decline and set the stage for a promising start to 2024 for us.

Enhancing our presence in global markets

This year, we opened two brand-new offices in strategic regions and came closer to our UK, European, and ANZ partners:

  • At the beginning of 2023, we established operations in Sydney to better support our partners in Australia and New Zealand and forge new partnerships.
  • Later this year, we opened an office in London, joining Bangalore, Dublin, Krakow, and Sydney as our 5th global location.

The inauguration of the London office was one of the highlights of 2023, as it marks the next chapter in The Scalers’ history. The office space will be the centre of our business development operations and will allow us to strengthen relationships with our current and future partners in the UK and Europe.

Connecting with tech leaders

Before the opening of the London office, The Scalers attended London Tech Week 2023, one of Europe’s largest technology events. Our team had the chance to meet tech leaders and show them our unique and high-value approach to building offshore software development teams.

Following our expansion to Australia, we proudly sponsored OpsWorld Melbourne 2023, a conference on Data and AI. Some of our Strategic Partnerships team members had the opportunity to connect with CTOs and other business leaders and talk about the unique advantages of The Scalers’ model.

Partners celebrating successes

Despite the rough economic climate in the IT industry, 2023 was a year to celebrate for our partners.

For instance, one of our UK-based partners in the finance industry onboarded their first engineers this year. Since the beginning of our partnership, we helped them build a small non-technical team, and now we are on track to assist in scaling their recently created engineering team entering 2024.

Another UK-based company in the investment sector onboarded their first Quant developers just one month after signing our partnership contract! Following a successful start, we plan to expand their tech team in the first quarter of next year.

Our portfolio of new partners has also been enriched by adding an Australian food and beverage company, and our team is already working to find elite talent to meet their needs.

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