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
Kanso Code has been a trusted B2B scale-up with 43 MLN Revenue for B2B SaaS development and team augmentation, assisting companies in overcoming their...
Yellow is a Web and Mobile Development agency that has built over 40 products for clients in the USA and Europe. We’ve worked with companies such as t...
Unit Space - modern solutions for software design and development. We are an IT company based in Europe, specialized in web & mobile apps devel...
MaxyLogic is the nearshore mobile engineering team that helps companies to enhance their software development capacity by setting up dedicated teams i...
Rsoft Technology is an application and websites development small company that delivers tailored technology solutions. Experience of our team has brou...
⚡HotShots Labs is a boutique mobile end-to-end development agency from Ukraine with a deep focus on business needs. We help you plan, build and...
One Group Digital Solutions is a European company origin from Estonia with development offices in Ukraine where we have 50+ employees within our two d...
Intellica is a time-proven IT Solutions provider for innovative software development and data science projects. We specialize in delivering high-quali...
We help companies to automize their business processes by developing software solutions. Softensy delivers all types of software products and solution...
Computools shapes the future with products, services and solutions that businesses need to Unlock Tomorrow. Computools' philosophy is based on three p...
PioGroup Software is an agile development company, focusing on EdTech solutions for educational institutions and companies that provide corporate trai...
Danavero Inc. is a software development and consulting company that specializes in turning great ideas into profitable technological solutions. We are...
WANTED is an agency specialized in full-cycle development and technical support. We will form a team of professionals for your tasks and provide servi...
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For 3+ years, our experienced team of 30+ professionals provides cost-effective and in-time development services for EU, US, Canada, Middle East, Asia...
Lazy Ants offers software development services to tech startups and companies specializing in robust web services, complex e-commerce solutions and mo...
With users in mind, we build digital products that make sense. Our capabilities: UX Research Product Design (UX/UI Design) Rapid Prototyping MVP Defi...
Axon is a software development company that specializes in creating turnkey software solutions by providing full-cycle software development services o...
We design and build great mobile and web apps. We help tech startups build their platform. Our team provides full-cycle development services. Our expe...
Grad Agency is your website developer, designer, marketer, and top-notch quality all bundled together in a coherent and transparent package. With cont...
Tobto is a Contemporary Consulting Agency that focused on delivering expertise in VR/AR technologies and full-stack development. Mobile and web applic...
JetThoughts is a Ruby on Rails and React/Vue.js development company targeted at start-ups, small and mid-sized enterprises. Our team members are open...
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ArtfulBits provides custom software development and IT outsourcing services for startups and established businesses. We help with all aspects of this...
Azon5 is the Eastern European software company with a headcount in Lviv, Ukraine, and international tech experience. Since 2008 we have been deliverin...
CML Team LTD is a global technology consultancy that builds holistic end-to-end solutions and platforms for startups and enterprises. We have extensiv...
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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.