Explore Top C++ Development Companies in Ukraine
Ivano-Frankivsk, Ukraine Head office in: Ukraine
Vakoms is a custom software development company, delivering end-to-end IT solutions and services. Operating in the IT market since 2010 with R&D c...
At Midas Solutions, we are not just a research center and blockchain development hub, we are your partners in propelling your vision forward. With man...
Coderfy, an innovative IT solutions provider, empowers businesses with cutting-edge technology and bespoke digital solutions. With a customer-centric...
SEO Evolution specializes in creating and promoting websites around the world. Our clients are small and mid-size businesses from Ukraine, CIS, North...
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Infopulse, part of the leading Nordic digital services company Tietoevry, is an international vendor of services in the areas of:Software R&DAppli...
APOM Solutions Verified Company
Khmelnitskyi, Ukraine Head office in: United States
APOM Solutions - international IT company that provides outstaff & outsource services and takes its origin from Ukraine.Our team customizes and su...
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We are experts in Software Development. We can research, design, build, and customize a wide range of software applications including Desktop applicat...
MLP Co - Empowering Businesses With Custom Enterprise Software Solutions We Build Enterprise Software Solutions Using Microsoft Technologies And Mo...
What We Do Adloonix the #1 marketing agency in providing the relevant market researches & multichannel digital strategies for brands or startup...
KITRUM is a Ukrainian-born custom software development company with a head office in sunny Florida and 9 Technology hubs from Central Asia to Latin Am...
Xenoss is a MarTech/AdTech software development house, providing clients with custom-made software, team extension, and premium tech consulting servic...
DreamX is a full-cycle design and development company that works with Startups and scales existing digital projects. We have many years of experience...
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Global Teams LTD is a one-stop-shop Israeli IT company. We provide strong expertise in staff augmentation, IT recruiting, and software development....
Developing secure and compliant software for Fintech, Healthcare, and Real Estate. For tech businesses eager to be #1 in their niche We have 10 solid...
Helping brands TO BE CLOSER TO THEIR AUDIENCE IN DIGITAL Created to, щоб halp brands in Ukraine and Europe solve problems i...
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Hello! Our seasoned professionals are dedicated to enhancing your product and service quality while reducing costs and improving operational efficienc...
DApplica is a blockchain development company building projects in the blockchain and cryptocurrencies industry. We are offering full development cycle...
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The aim of SoftGroup as one of the leading IT outstaffing companies is to provide strategic IT services, high-quality software development solutions,...
Synergetica is a dynamic software R&D community that has been collaborating since 2000. With a focus on delivering next-generation software soluti...
Archer Software, a Cprime Group Company, is an innovative technology consulting and custom software development company that helps startups and enterp...
We are innovators with 20+ years of digital development experience, and 5+ years of international Nearshoring experience, with 9 offices worldwide, de...
EGO delivers digital innovation as a service. Since 2005, EGO has helped over 40 companies successfully build 150+ digital products. Here’s how YOUR...
MadFish.Solutions is a software development company experienced in Blockchain and JS web. We offer full-cycle development (discovery phase and busines...
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EXPERTS IN BUILDING REMOTE DEVELOPMENT TEAMS, WITH INDUSTRY-FOCUSED ENGINEERS. astarios is a Swiss Technology Innovation Partner with development cen...
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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.