Kyiv, the Ukrainian capital and largest city is one of the largest tech hubs in Eastern Europe and it also hosts offices of international corporations and numerous tech companies that provide workplaces and above-average salaries in the IT sector in Ukraine. 

Kyiv is also the home of more than half of all Ukrainian IT companies, which is an expected fact. With a significant number of international investors, Kyiv aims to draw attention to the local market, even more, prioritizing the development of the IT sector. 

The capital of Ukraine is also the home of over 41% of all existing developers in the country, or, at least it was until 2019. Also here, more than half of all senior developers live in Kyiv, which again confirms the strong commitment of the city to develop the local IT sector and become one of the leading BPO centers in Europe. 

Out of 50 top IT companies in Ukraine have their offices in Kyiv, and all of them have employed more than 23K professionals within the sector. Samsung, Siemens, Huawei, Oracle, Snap, Ubisoft, Netracker, and Terrasoft are only a few tech giants that have their offices in Kyiv, mainly due to the local talent pool and relatively cheap workforce, compared to other countries, especially to those located in Western Europe. 

The average worker in the IT sector is aged between 25-30 y.o.  And around  84% have higher education, which is an impressive indicator both for the city and for the entire Eastern European region. 

Related to how well are being paid IT professionals in Kyiv, we can share several figures from different sources: 

According to Echoua research, software engineers have an average salary of $2100/mo, while other specialists like QA specialists and IT Project Managers get around $1500/mo. 

 However, based on another report from glassdoor, a developer has a yearly salary of $100K, which is $8.3K/mo. And based on the information provided by payscale, the average salary of a software engineer is estimated to only $1691or 47.168 UAH/year. 

Overall, Kyiv remains the largest tech center in Ukraine, and it aims to become the most important in the region, competing with Warsaw and Bucharest. 

IoT (Internet of Things) is a giant network with connected devices. These devices collect and share data about how they are used and the environment in which they are operated. 

IoT Development is the process of creating and deploying Internet of Things (IoT) devices and applications. Everything is done using sensors that are built into every physical device. These sensors continually emit data about the working state of devices and send it to the IoT platform, further analytics is performed on the data and valuable information is extracted as per requirement. The output is shared with other devices for a better user experience.

IoT Development has gained immense popularity in recent years, as the number of connected devices continues to grow at a rate of 25% year-over-year. By 2025, it is estimated that there will be over 30.9 billion IoT-connected devices worldwide.

Most IoT devices have the word smart at the start of their names: smartphones, smart watches, smart DVS, and smart homes. All these smart technologies are one of the essential criteria on which smart cities rely. 

As we see Internet of Things (IoT) development plays an important role:

• Improve operations by collecting and analyzing data from IoT devices.

• Increase efficiency by automating tasks and processes.

• Reduce costs by optimizing their operations.

• Create new revenue streams by offering new IoT-based products and services.

When choosing an IoT Development service provider for a project, we suggest you consider the following criteria:

• Look for a company with experience and expertise in IoT development, and a skilled team of IoT specialists.
• Check for reviews and feedback from previous clients.
• Make sure the company understands your needs.
• Ensure the company prioritizes data security
• Consider the level of post-development support

Custom IoT development can be a complex and challenging process, but TechBehemoths is a valuable resource for finding the best IoT Development companies for your projects with over 1228 companies in 85+ countries. The platform provides detailed company profiles, client reviews, and ratings to help you evaluate and compare different service providers and choose the one that meets your needs.

We’ve created also a powerful filter that you can use to narrow down the results based on your requirements and shortlist the companies. 

Alternatively, you can submit your project and our team will select and send you the best matching companies in about 1 hour.