Explore Top Companies in Ukraine
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We are Gradus Studio, a team of dedicated experts in design, marketing and IT. We believe in rational perfectionism and continuous growth in all spher...
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WonderWeb is the e-commerce agency founded in 2016. Our field of activity relates to everything connected with online marketing and promotion. We are...
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Olympus Solution is a young, but dynamically developing IT Company, focused exclusively on results. We are aimed at close cooperation with all our cus...
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we are simply the best in the business. A good combination of Talent, Passion and Hunger, our team will execute any project thrown at us. check out ou...
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Experience and wisdom come to us every year. I often hear from older people: well done, you are so young and already at such a level, so hold, etc.… H...
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The company started in 2012 after we launched several unique own products in the local market. Our passion for these products helped us accumulate eno...
Top rated development studio specializing on web and mobile development of Healthcare, Wellness, and Education products since 2013. The Best Upwork Ag...
CML Team LTD is a global technology consultancy that builds holistic end-to-end solutions and platforms for startups and enterprises. We have extensiv...
Netstat Space, LTD is a team of highly skilled Web developers, Designers, Mobile and Digital Marketing Experts (SEO, SMM, PPC). We have worked with ma...
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IVVYSOFT is a custom software services company based in Lviv, Ukraine. We have extensive experience in many diverse areas of software development. Our...
Sweetsoft delivers software development and outsourcing services from 2007. We are a client-oriented company that specializes in web, mobile and deskt...
We are a Digital Agency, driven by professional developers and designers located in Ukraine, who are passionate to build a well-organized team based o...
SoftElegance is a custom software development company that has been providing reliable services for implementation of SaaS systems, sophisticated busi...
Devos is a web development company from Ukraine. Our team of professional web developers and designers is highly motivated to bring your business idea...
Devloop is experienced web & mobile developers team founded in 2017. The main activity of the team is custom software development as outsource. We...
We build custom IT solutions for healthcare startups and companies. We get deeply involved in our clients’ business targets and use advanced technolog...
We work with big companies like Cisco and Atlassian as well as startups like Corva. We are here to solve your business needs
TheMC2 - The Energy of Software! TheMC2 is a highly efficient team of software experts that is aimed to support your development with a deep technical...
Reasonable MVPs
For 15 years now we’ve been serving Norwegian small and midsize businesses with our custom digital solutions and remote teams from Ukraine. During th...
HexUp - is European software development company focused on the custom Web Development services. Our main goal is to build a long-term relationship w...
The PHP Guys is a small, but dedicated team from Ukraine with passion for development and problem solving. We aim to provide the very highest levels o...
S PRODUCCION - We synch heartbeats of brand, audience and product via emotions and beauty to maximise the value of your business. We design and develo...
We help companies to gain a technological edge by implementing innovative ideas.
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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.