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IT Ukraine From A to Z: key trends and figures of the Ukrainian IT service and software R&D market
Transcript of IT Ukraine From A to Z: key trends and figures of the Ukrainian IT service and software R&D market
1,000+ IT service providers listed by region with their specializations
From A to Z
KEY TRENDS AND FIGURES
Ukraine has the largest and fastest-growing number of IT professionals in Europe; its IT engineering work force is expected to double to over 200,000 by 2020.
IT service companies
Ukrainian outsourcing companies offer a wide range of engineering capabilities. Most of them have already switched to agile development over the past few years.
multinational R&D centers
Ukraine is home to over 100 R&D subsidiaries of global companies from a variety of industries, including telecoms, software, gaming and e-commerce. The US remains Ukraine’s largest partner for joint R&D activities, followed by EU countries and Israel.
of IT service export
The export volume of Ukraine’s software development and IT services reached some $2.3 billion in 2014, showing double-digit growth year after year. The US market is the main destination with an estimated 80% volume of exported services.
at the midway point
In 2014-2015, Ukraine significantly improved its status in international business venue rankings, while its taxes for IT-related businesses have remained relatively low. The current reform effort aims to improve the legal environment; however, certain laws are still cumbersome and legal loopholes remain in the commercial, financial and technological fields. IP protection legislation for companies and individuals is expected to be improved by further reforms.
A global giant of
The country’s political turbulence has had little impact on the existing activity of most industry players, but remains an obstacle to stronger growth. International experts believe that the industry has the potential to grow tenfold or more, given the size and quality of the country’s workforce, should corruption be fought effectively and IP rights be better protected.
Also contained in the report:
20 fascinating case studies and interviews with international clients
Ukrainian and international experts speak about today’s industry trends
…and much more!
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Key trends and figures of the Ukrainian IT service and software R&D market
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