Kharkiv is one of the 3 leading tech hubs in Ukraine, and also one of the largest cities, with respectively developed IT infrastructure and digital environment. According to an article published in 2019 by ain.ua, Kharkiv has more than 500 tech & IT companies that enrolled 31K+ employees and professionals in the field. Out of these 500+ IT and tech companies from Kharkiv, more than 200 are registered on TechBehemoths and you can find them right away. 

Like in all other tech centers in Ukraine, Kharkiv IT companies and digital agencies export their services abroad, most of all in the EU (19%) and the US (75%). The market share was estimated at $962M in 2019, but today, it values way more. 

The average income of an IT professional in Kharkiv was around $2K/mo in 2019 according to ain, and $1458/mo according to the Average Salary Survey based on 2021 data. The drop-off is caused by the pandemics and lower rates of project requests from abroad since the city as well as other locations from Ukraine depend on the international market and demand. 

In 2018, IT companies from Kharkiv were taxed at UAH 6.4B or $230M, money that went most of all to the municipality. Also, by 2025, under favorable conditions, Kharkiv IT market value expects to grow up to $2B by 2025. Also, in the near future, Kharkiv is expected to attract new investments in the sector from tech giants, and gain new accelerator, incubator, and startup programs that will boost the digital economy of the country. 

Overall, Kharkiv is one promising destination in Ukraine for IT companies and potential investors, but also for clients that would like to work with experienced BPO entities. Yet, the city, as well as the entire country depends a lot on political and economical development, and newly-on pandemics evolution. 

Software development is the service of creating custom software applications for specific business requirements. This process involves designing, developing, testing, and releasing the applications. Useful in this regard are programming languages, frameworks, and other different methods that are used to ensure the creation of robust software that will handle a large number of users.

Software development includes many specific services such as Custom Software Development, Web Application Development, Mobile App Development, Software Testing and Quality Assurance, Software Maintenance and Support, E-commerce Development, Cloud-based Solutions, etc.

According to Statista, revenue in the Software market is projected to reach US$659.00bn in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 5.42% from 2023 to 2028.

The importance of Software Development Services is obvious. This results in:

• Productivity increase;

• Improving the user experience 

• Increasing efficiency and productivity 

• Providing solutions that can scale as the business grows;

• Ensuring data security and preventing unauthorized access

Selecting the right software development company to partner with can be a difficult task. That's why, it's good, when you make this choice, to consider the following aspects:

1. Expertise and Experience of the company in delivering similar projects successfully.

2. Check Portfolios and References to get an idea of their reputation and the quality of their works

3. Evaluate the technical skills and qualifications of the development team.

4. Communication and Collaboration are key to a successful partnership.

5. Discussing costs and budget is important to avoid unexpected expenses.

6. Timely delivery is crucial to avoid unnecessary delays.

7. It's important to have ongoing support, bug fixes, and updates once the software is deployed.

By carefully considering these aspects, you can make an informed decision and select the right software development company, because it can rightly be said that Software Development Services represent an investment for long-term success. And it doesn't matter if it is a small startup or a large enterprise, software development can have a positive impact on your business.

There are more than 15892 service providers that specialize in various software development solutions on TechBehemoths. 

Discover the perfect Software Development Company by entering specific criteria on the main page, such as service, hourly rate, company name, location, or profile score. Apply filters and we will ensure a successful search.

Alternatively, you can simply submit your project, and within approximately one hour, our team will handpick the best company, this service is completely free.