Explore Top Companies in Ukraine
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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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Website Design & Development Company base in Europe. Focusing on growing business at digital world.
IVVYSOFT is a custom software services company based in Lviv, Ukraine. We have extensive experience in many diverse areas of software development. Our...
Get customized, process-driven software solutions for clients in the global marketplace. We offer Dedicated Developer Teams that seamlessly become a p...
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...
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...
Digibrand Ukraine is a digital-marketing agency in Ukraine. The company was founded in 2006 in Riga, Latvia. It started to operate on the Ukrainian ma...
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BAMS is a marketing services company in Ukraine which has been in demand and popular for years. It seems that Internet marketing has long been typical...
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F5 Studio specializes in design, development, and launch the quality websites which allow visitors make more conversions. If you’re seeking solutions...
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Young, creative professionals joined forces with an established advertising holding to offer an all-in-one solution to their clients’ digital needs. J...
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INPREZA ™ LLC is an international digital agency providing comprehensive IT services with 10 years of experience. Since 2008, we have implemented more...
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REDSTONE - the company with over 13 years experience in Web. We provide the full-cycle in digital service. Our main specifics are Websites, Design,...
Sigmalion is a web development company located in Eastern Europe (Ukraine). Our development team consists of highly skilled IT experts who have experi...
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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.