Explore Top Spring MVC 性视界 in Ukraine
Ivano-Frankivsk,听 Ukraine Head office in: Ukraine
鈻讹笍 InventorSoft is a Ukrainian software development company which provides services for a wide range of clients - from small businesses to large enter...
Molaboo Development is a one-stop shop for software development Molaboo is a software development company that specializes in outsourced managed servi...
INSART is a software development partner for Fintech companies. We help our clients build great Fintech products by providing highly skilled engineers...
Outsoft Corporation is a software development service provider offering on-demand IT聽talent in聽all of聽the latest technology stacks.Outsoft鈥檚 software...
Innovation Development HUB is a technology partner. With many years of experience in custom software development and technology consulting our prof...
Soft Industry Alliance 鈥 is a Ukrainian technology service provider. Since 2000 we have helped clients from all over the world to turn their digital i...
We offer custom web and cross-platform mobile software solutions for companies. W'd be glad if we could help you with apps development. Following SMAR...
Luxnet has been delivering commercially successful products for nearly a decade. We are aware of the importance not only of creating but of launching...
We're a team of Web and聽Mobile聽Development Artists who implements all your dreams in Software.
About us Academy Smart is a Ukrainian outsourcing and outstaffing company that provides high technology applications and complex systems development s...
Over 10 years of web-development experience in full stack Web and cross-platform mobile development: MPS development makes simple Web applications as...
dFusionTech, Inc. is web and mobile development company registered in the USA with R&D center in Eastern Europe, Ukraine. Taking part in different...
Axon is a software development company that specializes in creating turnkey software solutions by providing full-cycle software development services o...
The company started in 2012 after we launched several unique own products in the local market. Our passion for these products helped us accumulate eno...
We work to solve the tasks of business. We use only the Enterprise type of developments by creating solutions, which are going to stay actual for deca...
Developing secure and compliant software for Fintech, Healthcare and Real Estate. For tech businesses eager to be #1 in their niche!
Blockchain & End-to-end product development company
When you GROW we keep you FOCUSED | Dedicated team
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IT Industry in Ukraine: Insights and Profile
IT is the most advanced and popular field in Ukraine. Ukrainian IT industry is expected to reach $10 billion in value by 2021. The local software development community has grown by 27% in 2017 and currently employs over .
Ukraine ranks 4th in the world by the number of tech workers after the United States, India, and Russia. Moreover, its IT workforce is expected to surpass the 200,000 marks in 2021
Why you should work with Ukrainian IT companies?
The Ukrainian tech industry has benefited from a close cultural fit with European and Western markets as well as a central time zone. This means that the cultural fit comes both from a shared European history as well as working regularly with international businesses. Since 2013 an agreement between the European Union and Ukraine has also made it easier for Ukrainians to travel throughout Schengen to build business relationships.
Additionally, the considerably lower prices compared to other European countries, made from Ukraine a good destination for sourcing out talents and workforce with relatively competitive skills and education.
What to be aware of when working with Ukrainian IT companies
Due to the cheap prices Ukrainian web agencies offer, the market perception tends to take professionals and companies based in Ukraine as an outsourcing destination or a budget project alternative to other similar European opportunities. Additionally, cybersecurity, piracy and tech skills raise questions about hiring or not a Ukrainian web agency for web projects
How reliable are Ukrainian companies
Having the association agreement with the EU, Ukrainian companies starting 2013 entered a new phase of cooperation and received more access to European market, business culture, and IT environment and infrastructure. It is considered now, in 2020 more reliable than it was before and visible progress was registered; but with the regional background, is still far behind its neighbors in terms of competitiveness and skills
How the Ukrainian IT industry relates to the neighboring countries
With three large competitors as neighbors, Ukraine has been struggling to become the largest tech hub in the region. Compared to Russia, Ukraine enjoys a similar IT infrastructure but has more opportunities due to access to the EU market. Poland, on the other hand, has a considerable advantage due to advanced facilities and market investments which makes it more attractive than Ukraine. Also, Romania is a strong competitor in the region that claims leading positions in software development and IT infrastructure development.
Overall, Ukraine has a strong position in the region and in Europe, with a massive IT presence which allows companies based there to attract more customers from different segments. However, the trends show that market preferences move to another price segment than the one Ukrainian companies are on to.