Explore Top Companies in Ukraine
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MadFish.Solutions is a software development company experienced in Blockchain and JS web. We offer full-cycle development (discovery phase and busines...
Ivano-Frankivsk, Ukraine Head office in: Ukraine
▶️ InventorSoft is a Ukrainian software development company which provides services for a wide range of clients - from small businesses to large enter...
CodeTiburon is a software development company and IT outsourcing service provider, headquartered in Kharkiv and delivering high-end solutions to preci...
Webline Promotion Digital Agency - from consulting to building a sales channel from scratch Our agency has been on the market since 2012. During this...
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RD DEV Solutions is custom software development company, founded in 2012 in Ukraine. We develop software solutions that solve the most challenging pro...
If you're looking for a reliable partner & experienced team of developers – we're here to help you. Deviark company specializes in IoT, Machine Le...
Riff Point is a full-cycle software development company based in Eastern Europe, Ukraine, with 2 subdivisions for web and mobile development.Our exper...
During 15+ years on the IT market actively provide web & mobile software solutions. Till now, we’ve successfully completed almost 200 custom softw...
MOJAM team is built on experiences, smart and creative minds with strong math and logic knowledge 🧠 in synergy with enough portion of perfectionism....
Loonar Studios is an innovative and creative team which combines design, engineering and strategy to build stable and successful world-class solutions...
Result-oriented marketing experts. We develop effective marketing solutions. Our services: E-commerce marketing - maximize your sales with complex pro...
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Webmil is a web production specializing in the full cycle of web solutions development. Our sphere of expertise: consulting and business analysis, web...
SERF company is rapidly growing web and mobile development company based in Ukraine, Kharkov. Our highly skilled and experienced team of professionals...
Implex is a custom web and mobile development agency with a team of top engineers, managers, and domain experts. We help US and European companies get...
Devox Software is an international IT solutions provider that focuses on software development outsourcing and building development teams. We adapt to...
MaybeWorks is a software development team focused on supercharging breakthrough ideas by delivering an outstanding increment for projects all over the...
EXPERTS IN BUILDING REMOTE DEVELOPMENT TEAMS, WITH INDUSTRY-FOCUSED ENGINEERS. astarios is a Swiss Technology Innovation Partner with development cen...
If you’re looking for a development company that delivers secure, reliable, beautifully designed products, you’ve come to the right place. Coidea Agen...
WebCase is a web-production studio, with a main focus on development web-apps and start-ups, using Python programing language and Django framework. We...
D2 is Ukrainian market leader in technical support for brands. Multi-technological team which has over 100 developers, covers different divergent IT-s...
DB2 is a Ukrainian IT company and for the last four years we have been working on developing SaaS and Cloud solutions, CRM and ERP systems, High-load...
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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.