Explore Top Redux Companies in Ukraine
Ivano-Frankivsk, Ukraine Head office in: Ukraine
Sombra is a global software development and consulting company. Since 2013 we have been helping our clients to achieve their business goals through cu...
Springs is an award-winning software development company, located in Ukraine, Spain, and Poland and specializing in the implementation of AI and ML so...
Honeycomb Software is an International IT Consulting and Software development company with Ukrainian roots. We are business agnostic and tech focused....
Based in San Diego, Tateeda is a distinguished custom software development firm and staff augmentation provider. Our impressive talent pool includes m...
At LeanyLabs, we believe in simplifying the intricate world of technology, allowing you to prioritize your core business functions. With years of expe...
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...
Developing secure and compliant software for Fintech, Healthcare, and Real Estate. For tech businesses eager to be #1 in their niche We have 10 solid...
Extend your team to achieve your results faster and more efficiently with our middle-level and senior-level developers. Only experienced specialists s...
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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Wetelo, Inc is a software development company. We create complex turnkey web and mobile solutions kicking off from the very specification to the launc...
Software Development Hub is a team of experienced, like-minded people leveraging extensive software, web and mobile engineering expertise. Since 2014,...
We've been building customer software for our clients, partners and our own products since 2016. Our team includes experts in JavaScript, Python and R...
RubyGarage is a top-of-the-line Ruby on Rails development and consulting company from Eastern Europe. We know the difference between code and great co...
We develop scalable and feature-rich Web and Mobile applications using NodeJs, PHP, React, React Native stack. We do products for medium and large ent...
15 years translate into a proven track record of web development. We are focused on the development of eCommerce solutions. Our PWA team ready to w...
Product Development Services Our team provides custom solutions using flexible software development and deep tech expertise. As tech market leaders, w...
Launch your Fintech, Logistics, ERP, Blockchain & Cryptocurrency project on time. We don`t just code, we solve your business needs! Why...
Yojji is a software development firm headquartered in London, UK. The company creates custom-tailored software products in various industries includin...
We help organizations innovate by building cutting edge web, mobile and IoT products. Domain expertise: Real Estate | IoT | Fintech | Marketplaces Our...
Me and my team Seedium, are working with most innovative tools and solutions to develop Progressive Web applications, Mobile applications, sophisticat...
Hey! We are Owleks, a young Software Development company that provides a range of services to help startups, SMBs and established businesses grow and...
Lanp is a digital agency with with many years of experience, which can take your idea from start to finish. We're not only designers and developers -...
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We are the team of c-level guys working for 20+ years in the industry. We did outsourcing and we did products. We re-gathered 2 years ago to use all o...
Fluvius was established based on great senior experience and skills. The growing of the company from nothing to 10 people in a team and 7 simultaneous...
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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.