Explore Top Business intelligence Companies in Ukraine
The company was established as a group of 12+ people who have different skills, experience, areas of interests in Internet technologies but have just...
We create websites which highlight bright features of business and make it stand out from the competitors. We do design and development of: promo-webs...
KAI SOFTWARE INC was founded in 1994 and today we create new software development solutions for projects with sizable data requirements. Having a back...
UpLab is a team of experts in custom software development. Our main focus is product quality, reliability, and code maintainability when building scal...
Deerada is a Ukrainian IT company. Our focus to provide high quality Web and Mobile development, UI/UX design, marketing services, business analysis,...
We are a small team of brilliant and self-motivated persons. For over 7 years, Owlab has been a business-oriented software engineering company committ...
Smart Gamma is one of the most innovative outsourcing companies in Ukraine. We combine high-quality engineering, creative and strong UX architecture,...
The highest priority of Design and Test Lab ☆☆☆☆☆ is Mature Mobile Reliability Standard that is the development of reliable mobile applications. But...
Itera Research was founded back in 2004 and since then we have gathered a strong IT talent pool. Our development center acquired extensive knowledge f...
Lionwood.software is a rapidly growing provider of dedicated remote development teams and IT outsourcing solutions for any scale businesses. Our Stack...
We love developing apps! And we are capable of making software. Our advantages are: Easy and comfortable communication which is the basis for successf...
WallTree is a fast-growing software development team from Ukraine. We cover the delivery of top-notch products from scratch for innovative companies....
With 9 years of extensive software development experience, we know how to make your application work smoothly for both frontend and backend parts. We...
Mbunity Development is a custom software development company trusted since 2016. We provide custom software development and mobile application develop...
We are a software company that has been in the world IT market for more than 10 years. In addition to high-quality software development and further te...
IT LAMA is a studio specialized in development and promotion of turnkey IT projects. ✅We find solutions to business challenges. ✅To get the job done...
Appus Studio is a mobile app development company located in eastern Europe, Ukraine, with 40 specialists on board. Our team specializes in native iOS&...
Koitechs is an outsource development company that provides Web, Mobile, Business Analysis, Cloud & DevOps solutions for businesses all over the wo...
As a technology and solutions consulting company we bring software innovations to working businesses to increase their efficiency. We manage all stage...
Zoolatech is a custom software development company, focused on delivering high-end solutions. Our company is headquartered in Palo Alto, California wi...
We have proved reputation. We work with market leaders such as “Kyivstar” – the biggest Ukrainian mobile operator, “Comodo” - global software company,...
Smart Rockstars Team provides full cycle software development: business analysis, front-end, back-end and mobile development, DevOps and QA services. ...
TEYMAX is outsourcing company which was founded in 2016. It was established by proffecionals with strong IT background. Our company has earned a stron...
ZGRAYA is a digital creative agency that brings you the best in the Holy Trinity of Digital: Design, Development and Marketing. Organized but independ...
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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 185,000 IT specialists.
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.