Report: Ukraine is now Europe’s leading software development powerhouse

www.uadn.net

December 14, 2015
Report: Ukraine is now Europe’s leading software development powerhouse

In spite of the country’s recent political turbulence, Ukraine has seen its IT service and software R&D capacities grow every year by double-digit figures. From Cisco, to Oracle, to Rakuten, to Samsung, more than a hundred global major tech firms conduct R&D activities in Ukraine, while an array of local IT outsourcing companies of all types and sizes serve a growing number of clients worldwide.

With 200,000 programmers forecast by 2020, the Ukrainian IT sector is fuelling the development of the middle class, which aspires to a better life in a democratic and non-corrupt country – as reflected by the active role of many people from this industry in the country’s strive for reform.

In partnership with leading local and international industry associations, Ukraine Digital News and its partner AVentures Capital are releasing the first comprehensive report on the Ukrainian IT outsourcing and software R&D capacity.

In addition to a complete set of data, including detailed analysis by industry segments and regions, this 210-page report features fascinating cases of international software R&D collaboration – for example, how a relatively small company from Eastern Ukraine brilliantly solved mobile virtualisation tasks assigned by a South Korean research institute, while disruptive UK fintech and healthtech startups have found industry and technology expertise in a company from Lviv (Lvov), in the western part of the country.

Also included are testimonials from a variety of Western companies using the services of Ukrainian programmers, the analysis of Ukrainian experts on the key global market trends. In an exclusive interview, Dmytro Shymkiv, former Microsoft Ukraine GM and currently Deputy Head of the Presidential Administration, shares his views on the current reforms and their impact on the IT industry.

Yet the report speaks frankly about all issues. Top legal experts have contributed advice to international companies on how to secure their IP rights and avoid pitfalls when drafting contracts with Ukrainian counterparts, while Deloitte Ukraine has offered a detailed account of the present taxation system.

Incredible but true, this report was viewed or downloaded nearly 23,000 times in the 24 hours following its release. To download your free copy, please click here.

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American Chamber of Commerce (ACC) and uSupport project signed the Memorandum of Cooperation

American Chamber of Commerce (ACC) and uSupport project will cooperate in promotion of Ukraine’s IT-outsourcing and BPO industry. The parties agreed to cooperate on purpose of creation required conditions for sustainable development and growth of the IT industry of Ukraine, improve the investment climate in IT industry of Ukraine, deem it necessary to enter into this Memorandum of Cooperation.

More than 15,000 firms in Ukraine work in the IT industry

The national statistic service of Ukraine reports 15,676 economically active firms as having IT and telecommunications as their primary field activity. 

The majority of them - more than 6,000 - are registered in Kyiv, and the number of IT professionals working in Kyiv is more than 17,500. The total number of IT professionals working in Ukraine is more than 200,000, and 15,000 professionals are supplied to the industry every year by university graduates.