Explore Top Heroku Companies in Ukraine
Onix-Systems is a full-cycle software development company that helps you visualize your software development expectations and builds well-suited solut...
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Not sure what will happen with your startup in 2-3 months? Conduct a Product Development Strategy Session with our Business Analyst Team. Founded in 2...
Ivano-Frankivsk, Ukraine Head office in: Ukraine
Vakoms is a custom software development company, delivering end-to-end IT solutions and services. Operating in the IT market since 2010 with R&D c...
dotcode is a TOP-rated software development company trusted by both startups and established businesses that have been operating in the EU and US mark...
We're Alty, and for over 14 years, we've been assisting our clients in elevating their digital interactions with users and crafting products that make...
ImproveIT Solutions builds awesome digital products and strong engineering teams for hi-tech corporations and startups. Two core focuses are web/SaaS...
Proffiz is a reliable software vendor that provides high-quality solutions for Fortune 500 companies and startups. We set up and operate seamlessly in...
⚡️ Teplin is a Full-Cycle development company that provides qualified digital support to businesses of any size. We design websites for e-commerce bu...
At Midas Solutions, we are not just a research center and blockchain development hub, we are your partners in propelling your vision forward. With man...
Ivano-Frankivsk, Ukraine Head office in: Estonia
We build successful tech products that have a positive impact on organizations. Our team consists of middle and senior-level specialists.We provide fu...
APOM Solutions Verified Company
Khmelnitskyi, Ukraine Head office in: United States
APOM Solutions - international IT company that provides outstaff & outsource services and takes its origin from Ukraine.Our team customizes and su...
Springs is an award-winning software development company, located in Ukraine, Spain, and Poland and specializing in the implementation of AI and ML so...
Lampa Software is a team of Android, iOS, and web application developers located in the heart of Europe — Ukraine. 💡9+ years on the market...
SiliconFit.com offers a comprehensive suite of IT solutions tailored to meet the dynamic needs of businesses worldwide. From custom software developme...
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...
Xenoss is a MarTech/AdTech software development house, providing clients with custom-made software, team extension, and premium tech consulting servic...
Global Teams LTD is a one-stop-shop Israeli IT company. We provide strong expertise in staff augmentation, IT recruiting, and software development....
Our team goes the extra mile for all of our clients. We provide a range of services - from custom software development to dedicated teams since 2012....
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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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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The aim of SoftGroup as one of the leading IT outstaffing companies is to provide strategic IT services, high-quality software development solutions,...
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...
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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.