Explore Top Companies in Ukraine
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Our solutions are focusing on user interactions with a product or service. We try to understand who is the user, what user needs, and what user feels....
Data Science UA has brought together experienced programmers and developers, talented engineers, qualified experts and consultants in the field of AI...
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About us We're a team of professionals, and we strongly believe that time is non-renewable resource. Taking care of your time we create value by imple...
Unteleported helps startups with web and mobile apps. We use Flutter for mobile apps development and Rust for backend. We love to explore new technolo...
We create digital web solutions for tech startups and established businesses in online investment, crowdfunding, real estate, travel, and art sectors....
Zaporizhzhia, Ukraine Head office in: Bulgaria
Our mission is converting ideas into powerful software solutions and improving online presence of our clients ventures to achieve their business goals...
EPAM Anywhere is a platform that allows freelance IT specialists and software developers to find jobs, working in EPAM's projects remotely. EPAM clien...
GCT company provides full service when translating ideas into a working project. From the first website build, through adding interactivity, rebrandin...
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VIS-A-VIS digital agency was founded in 2003. For more than 17 years of work, we have successfully created more than 500 projects. We have developed a...
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CodeLions is Your reliable partner for building dedicated technology teams in Ukraine. Experienced outstaff team with Web & Mobile development pro...
Octopus is a team of professionals that provides a full range of SEO services. Our main goal is to make a project profitable, not just get higher rank...
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AXLES is a software development company based in Lviv. We build products from scratch and maintain existing systems in health, sports, video/image pro...
Do you want to generate more traffic to your business website and get more sales? I help businesses improve their online presence to get more profit w...
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The page of the company that deals with the implementation and debugging of Internet marketing mechanisms for business. A full range of services neces...
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Muraha is a company with unique approach to finding a solution. Mostly we strive to lead clients` business to the new level by creative design , usefu...
Our company is willing to do whatever it takes to make a campaign successful, optimize budget, ASO, and growth marketing program. Also, we're working...
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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.