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
Light IT Global Verified Company
Zaporizhzhia, Ukraine Head office in: United Kingdom
Light IT provides innovative web and mobile software solutions for startups and enterprises. We offer more than just software development, we focus on...
Magnise is an independent software engineering company with more than 15 years of professional experience in software development. Our mission is to b...
Onix-Systems is a full-cycle software development company that helps you visualize your software development expectations and builds well-suited solut...
Data Pro Software Solutions is your trusted IT partner, helping solve the digital challenges of your business. We help you develop the startup MVP fro...
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...
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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TopDevs team possesses expert skills in the best technologies: iOS: RxSwift, Swift, Objective-C Android: Kotlin, Java Fronten...
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...
A technology and digital solutions provider focusing on bespoke software development, implementation, quality assurance, consultancy and audit.We help...
Cleveroad is a software development company that creates complex business-driven solutions, with a focus on innovation and transparency of actions and...
We are a full-cycle web studio from Ukraine, Kyiv.Since 2014 we have been working in the field of web development and design.Our goal is to create stu...
DApplica is a blockchain development company building projects in the blockchain and cryptocurrencies industry. We are offering full development cycle...
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OmiSoft is blockchain development company. Full-cycle from UX/UI to product launch.SERVICESMobile apps/ complex web apps /desktop appsiOS/Android deve...
Interactivated Ecommerce is a full-cycle digital agency with offices in the Netherlands (HQ), Spain, and R&D office in Kharkiv, Ukraine. Our team...
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Avocado Technology is a mobile and web development company with headquarters in Luxembourg and a satellite office in Kyiv, Ukraine. We focus on cuttin...
Looking for a reliable turnkey Web&App solution provider? Look no further. Our main specialization is eCommerce and business revenue maximization,...
Welcome to echocode.ai! With a commitment to providing cutting-edge solutions, echocode.ai is renowned for its innovative approach to softwar...
We engineer world-class software, used by millions of users and companies from FORTUNE 500Key factsOnly Top 0.5% tech talent are hired after completin...
Sloboda Studio has been 10 years on the market of web development. Originally founded as a Ruby on Rails company we constantly expend our expertise wi...
Synergetica is a dynamic software R&D community that has been collaborating since 2000. With a focus on delivering next-generation software soluti...
Fast & accessible MVP for your business We help to test digital business ideas. It's not just "create a mobile app and send it to App Store". Ma...
We've been building customer software for our clients, partners and our own products since 2016. Our team includes experts in JavaScript, Python and R...
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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.