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.

Enterprise App Modernization services involve updating and transforming legacy applications and systems to meet the evolving needs of businesses in a digital era. These services encompass a range of offerings such as application refactoring, cloud migration, technology upgrades, integration, and user interface redesign. Enterprise App Modernization services are closely related to software development, mobile app development, application testing, and mobile app marketing among others.

According to The New Stack, 54% of businesses that own an app, plan to modernize them within 6 to 12 months from the date these were launched. 

Nonetheless, to modernize an app any company has two options: an in-house team, or looking for a specialized IT company. While the benefits of having an in-house development team that will handle this process are obvious, businesses can experience a series of benefits by partnering with a specialized IT company for their Enterprise App Modernization needs. Here are some key advantages:

• Enhanced Efficiency and Performance: Legacy systems often suffer from outdated technology, inefficiencies, and limitations. Enterprise App Modernization improves system performance, scalability, and reliability, enabling businesses to operate more efficiently and meet growing demands.
• Cost Savings: Modernizing legacy applications can lead to significant cost savings over time. It eliminates maintenance costs associated with outdated technologies, improves resource utilization, and enhances productivity, resulting in long-term cost efficiencies.
• Increased Agility and Innovation: Modernized applications leverage new technologies, such as cloud computing, microservices, and AI, fostering agility and innovation within the organization. It allows businesses to respond quickly to market changes, drive digital transformation initiatives, and stay ahead of competitors.
• Improved User Experience: Modernized applications often come with enhanced user interfaces, intuitive navigation, and improved functionality. This leads to a better user experience, higher user satisfaction, and increased productivity among employees and customers.
• Scalability and Integration: Modernized applications are designed to scale and seamlessly integrate with other systems and platforms. This allows businesses to adapt to changing demands, incorporate new features, and integrate with third-party applications and APIs more effectively.

When choosing an Enterprise App Modernization provider for a project, consider the following criteria:

• Expertise and Experience: Look for providers with extensive experience in modernizing enterprise applications and systems. Assess their track record, industry knowledge, and success stories to ensure they can effectively handle your specific modernization needs.
• Technology Stack and Skills: Evaluate the provider's proficiency in modern technologies and frameworks relevant to your project, such as cloud platforms, microservices, containerization, and API integration. They should possess the necessary skills to deliver robust and future-proof solutions.
• Project Management and Collaboration: Consider the provider's project management approach and communication practices. Look for a provider that values collaboration, ensures transparency, and keeps you involved in the modernization process.
• Security and Compliance: Verify that the provider follows stringent security practices and has a comprehensive understanding of data protection regulations. They should prioritize data security during the modernization process and address any compliance requirements specific to your industry.

TechBehemoths is a valuable resource for finding the best Enterprise App Modernization companies for your projects. With over 990 companies listed on the platform providing Enterprise App Modernization services across 75+ countries, TechBehemoths.com simplifies the search process. The platform provides detailed company profiles, client reviews, and ratings to help you evaluate and compare different service providers.

Two reasons why you should use the platform to find the right Enterprise App Modernization provider for your needs are as follow:

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