There are 3 Companies in Ukraine
that provide Contract Manufacturing Services!

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.

Contract manufacturing is a service provided by a company (the "contractor") that agrees to manufacture products for another company (the "customer"). The contractor usually has the expertise and resources to produce the products more efficiently and cost-effectively than the customer could on their own. Thus contract manufacturing is a great option for businesses that don't have the resources or expertise to manufacture their own products.

But, why is contract manufacturing important in the IT industry? 

The answer is found in the constant evolution of IT, which wants companies quickly adaptable to new technology new trends, and new market demands. Not every time this is possible on companies own, that is why contract manufacturing service help do this by providing them with the flexibility to scale up or down production as needed. It can also help companies save money on manufacturing costs.

To resume contract manufacturing is important because of it:

• Reduce costs

• Increase efficiency

• Improve quality

• Maximize profits

Generally speaking, there are a few popular items that are often contract-manufactured including such as electronics, medical devices, consumer goods, food and beverage, and industrial products.

But If we look at the IT branch within contract manufacturing services, we can see the following items:

• Hardware: computers, laptops, tablets, smartphones, and other electronic devices.

• Software: operating systems, applications, and middleware.

• Networking equipment: routers, switches, firewalls, and other networking devices.

• Storage devices: hard drives, SSDs, and other storage devices.

• IT services: consulting, support, and training services.

Did you know that?! 

• The electronics industry is the largest user of contract manufacturing, accounting for over 30% of the market.

• The global contract manufacturing market is expected to reach cca. $515 billion by 2030.

Selecting the right contract manufacturing company requires considering multiple aspects:

• The company's experience and expertise in the IT industry.

• The company's capabilities in terms of manufacturing capacity, quality control, and delivery.

• The company's pricing and terms.

• The company's reputation and references.

Before you choose a contract manufacturing company, it's important to do your research and compare different providers. 

That is why we invite you to make this research on the TechBehemoths platform where more than 77 companies offer a wide variety of contract manufacturing services. Using the filters you narrow down the results based on your requirements and preferences.

Otherwise, you can choose the option to submit your project, and our team will select and send you the best matching companies in about 1 hour. It’s free and there is no obligation to hire. Feel free to start your search just now!