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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. 

Transcription

Transcription is the process of transforming audio or video recordings into text. 

Transcription is an age-old process. The first transcripts are believed to have been found in 3400 BC. in Egypt and the term "transcription" was first used in the English language in 1598.

Transcription can be done manually by a human transcriber or more recently using speech recognition software.

Transcription services are used in a variety of industries, including legal, medical, education, and business.  The most popular items within transcription services are business meetings, lectures, and interviews.  Transcription services are used by brands and companies looking to improve their content strategy and grow their audience. 

In this connection let's point out why else transcription is important:

• Save time by converting audio or video recordings into text that can be easily searched and referenced.
• Improve accuracy by providing a written record of what is being said.
• Make information accessible to people with disabilities.
• Facilitate communication between people who speak different languages.
• Improve SEO for multimedia content by making it more searchable.

The question is what is important to take into account when choosing a Transcription Company.

Let’s see together:

1. Read reviews
2. Check the costs
3. See the accuracy rate of transcription, it should be at least 99%
4. Speed is important, they should be able to deliver transcripts in a timely manner.
5. Make sure they have a good reputation for customer service.

Following all these steps you will manage to choose the right Transcription Company.

At the same time, we invite you to make a search on Techbehemoths using powerful filters, that we have created (on location, other services reviews, costs, portfolio, and profile score) for the perfect company match.

There are more than 80 Transcription Companies on TechBehemoths Platform. Explore their detailed profiles and feel free to get in touch with them.

Also, you have the option to submit your project, and our team will select and send you the best matching companies in about 1 hour. The best thing is that it’s free of charge and you have no obligation to hire any of these companies. Try now and find your perfect match!