Explore Top Productivity Companies in Ukraine
Developing secure and compliant software for Fintech, Healthcare and Real Estate. For tech businesses eager to be #1 in their niche!
Techno Dreams Group is an international IT company that creates software and provides services and solutions in various fields of business and technol...
MaxyLogic is the nearshore mobile engineering team that helps companies to enhance their software development capacity by setting up dedicated teams i...
Lemeor is a web and mobile development company tailored to a global market. Our team includes developers, designers, marketers, and project managers w...
Clockwise Software is a custom web and mobile apps development company based in Ukraine offering software development, system analysis, and support se...
Making businesses more competitive.
DevelopsToday is dedicated software development team in Ukraine. Our mission is to help companies around the world create high-quality, innovative sof...
We are young outsourcing company with extensive experience of work with both start-ups and large commercial projects. We provide full-cycle of web and...
Integrity and professionalism are our keys to client's happiness.
Mobile end-to-end Flutter development agency
We are a Ukrainian team of high-qualified full-stack developers specializing in web and mobile applications. Our goal is to offer end-to-end solutions...
UI/UX, full cycle web and mobile development
We increase business efficiency by introducing IT
Full-Stack Devs For Your Next Great Idea
Inspiring businesses to bring innovative ideas to life
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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.