Explore Top Financial Companies in Ukraine
That's a hell of a search to do now. Why not using the smart filters above? Last updated in: May, 2024
At Archysoft, we go beyond the usual tech company🚀. We combine 8 years of experience in traditional tech with 3 years of practical knowledge in LowCo...
We are a team of professionals who provide high-quality services in Software Development and Technology Consulting.Staying constantly focused on our c...
At VOLO, we put our 17+ years of expertise to help leading companies and innovative scale-ups worldwide create tech products that advance them further...
We help to reach business ROI goals with web & mobile software.HUSPI is a software development and IT consulting company with expertise in Real Es...
At Clover Dynamics, we believe in building long-term relationships with our clients through exceptional customer experience. We provide a full range o...
By leveraging top-notch technologies combined with the latest innovations and trends, SmartTek constantly helps companies stay at the forefront of a t...
Rolique is a software development company with 9+ years of expertise and 110+ successful projects. We transform products' tech foundations to make sol...
Over 29 years in the software engineering business, we’ve delivered 3500+ software solutions for clients worldwide. According to IAOP, GSA, and EBA, N...
Yalantis: Pioneering Software Engineering & IT Consultancy for Over a DecadeOverview:Over 15 years of unparalleled experience.Dual certifications:...
NetLS (stands for Network Leading Services) is a software development company founded in 2016 in Ivano-Frankivsk. All of ...
⭐⭐⭐⭐⭐ As a full-stack software development mainly Outstuff (50% OutStuff / 50% OutSource) company with a focus on innovation and scalability, we...
We help startups and companies develop and launch agile software products.At KeyToTech, we are not just another software development company. We are y...
Kozak Agency stands as a beacon of excellence in the realm of software development, boasting a seasoned team of over 50 dedicated professionals. Our e...
Smotrow Design is an internationally recognized design and technology firm renowned for its creation of bespoke, elegant, and highly functional techno...
A web development company specializing in creating applications for startups and mature companies.Our team was founded in 2012 and since then we have...
With over a decade of expertise in custom software development and digital transformation, SDD Technology has established itself as a trailblazer in e...
Here are our previous worksets: 1. Generative AI ✌ AI Image To Image, AI Text To Image, AI Text To Video, AI Image+Text To Video, Question/Answe...
Intent Solutions ™ - We're here to implement the most ambitious projects!Back End DevelopmentWe convert your ideas into software systems and technolog...
Webnauts is a large online agency. We are located in many cities of Ukraine, as well as Frankfurt am Main, Tel Aviv and Tbilisi. For 8 years of work,...
Temy provides convenient software development services for full-fledged companies and startups implementing their ideas into rewarding software soluti...
For more than 19 years we’ve accumulated lots of experience in software development for a variety of industries, but mostly we have lots of experience...
We develop web services and mobile apps for medium-sized businesses and large corporations and also support startups and innovative projects. Stfal...
Binariks is a tech partner that helps businesses undergo digital transformation at every stage of their journey and provides engineering services and...
Help you to convert the abstract vision into a working solution. We are:A Software Development & Design Agency with a large bench of full-stack en...
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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.