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
EXPERTS IN BUILDING REMOTE DEVELOPMENT TEAMS, WITH INDUSTRY-FOCUSED ENGINEERS. astarios is a Swiss Technology Innovation Partner with development cen...
If you’re looking for a development company that delivers secure, reliable, beautifully designed products, you’ve come to the right place. Coidea Agen...
Betedo is a young company located in Lviv. We specialize in innovative IT solutions, consulting, and development of complex software systems. We provi...
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Bachoo Studio is a multidisciplinary design studio, with the main focus on digital product design: mobile, web, cross-platform applications, Saas, med...
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INSART is a software development partner for Fintech companies. We help our clients build great Fintech products by providing highly skilled engineers...
InAppo is a globally oriented 20-strong company of IT experts. We completed more than 20 international projects for clients in 6 countries. Our missio...
Railsware is a premium software development consulting company, focused on delivering great web and mobile applications. Having the right combination...
X1 Group is a product development company, headquartered in Berlin, Germany, with development offices in Eastern Europe. We’re building long-term dedi...
We build amazing products with and impeccable quality. Since 2006 we've curated half a dozen successful products from idea to an exit with no external...
TrendLine Global is a software development company. We provide you with outsourcing and outstaffing: web and mobile app development, blockchain techno...
Geniusee - Dedicated Software Development Team Who Focus On Winning. Our Key Services are: • Discovery phase to define product boundaries… • Building...
We offer comprehensive software discovery, development, and auditing services to help businesses conquer the markets and deliver outstanding technolog...
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Yojji is a software development firm headquartered in London, UK. The company creates custom-tailored software products in various industries includin...
We provide our clients with Custom Software Solution, a comprehensive web and mobile application development service that includes analysis of your bu...
SapientPro is a web development international IT company with the experience over 8 years. Being a solid team of professionals we are able to handle c...
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Team Harbour is a full-cycle mobile, web, and custom software, development team. Headquartered in the U.S., team members operate from all over the glo...
Since 2008, Django Stars has been a technical partner for software development and digital transformation. Whether you are a startup with fresh ideas,...
Founded in 2011, TSN-Media is outsourcing company which provides comprehensive services in the field of web development and outstaffing for digital ag...
The Codein company is a small team of professionals who are very enthusiastic about their business. Everyone is a personality and everybody has his or...
We create websites which highlight bright features of business and make it stand out from the competitors. We do design and development of: promo-webs...
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AppliKey Solutions is a software development company located in Ukraine. We have been building Mobile apps since 2012. Having helped startups and ente...
Enkonix is a technology consulting organization that connects strategy, design, and engineering services into a seamless workflow devised to support c...
KAI SOFTWARE INC was founded in 1994 and today we create new software development solutions for projects with sizable data requirements. Having a back...
Thinksoft LLC is a European software development company founded by a group of experienced and qualified specialists, who have been in the IT industry...
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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.