Currently, Ukraine is one of the best countries in the world for IT outsourcing. Its popularity keeps growing as the country continues to receives great ratings each year. The availability of tech talent, the constant improvement of the quality of development, the strong educational system, and the ease of conducting business are some of the main reasons that made Ukraine a multi-billion tech industry.
This is why so many international companies choose Ukraine to outsource their IT projects and services. The outsourcing industry in Ukraine has grown forty times since 2003 when it started to develop and in 2019 it brought about $4 billion. There are more than 200,000 tech specialists in Ukraine that provide exceptional quality and very moderate average rates. About 4000 IT companies are currently active in Ukraine and almost all of them concentrated in the top 5 Ukrainian tech cities – Kyiv, Kharkiv, Dnipro, Odesa, and Lviv.
Every year more than 35,000 tech specialists graduate and join the tech talent pool in Ukraine. A career in the IT industry is highly sought-after and attracts high-quality specialists such as software developers, business analysts, DevOps engineers, quality assurance engineers, and project managers. Many non-technical graduates also enter the tech industry filling marketing and human resources job vacancies.
The country has won first place by outsourcing volume according to the Outsourcing Journal and CEEOA. Read on to find out what other significant IT awards Ukraine has won by 2020.
Global Outsourcing 100
There are more than 20 IT companies from Ukraine that are listed in the 2020 Global Outsourcing 100 by the International Association of Outsourcing Professionals.
Ukraine is now ranked 20th among the 50 most attractive countries for IT outsourcing.
CEEOA, Outsourcing Journal, Schneider Group
Ukraine is the first largest country for tech outsourcing and software development in the CEE region according to CEEOA, Outsourcing Journal, and Scheider Group.
Global Sourcing Association
Ukraine has been nominated as Offshoring Destination of the Year by the Global Sourcing Association for perfect quality/cost combination, talent availability, and moderate salaries. For software development.
Ukraine was rated among the top 30 destinations for outsourcing in the world as well as in the top 20 for offshore locations in IMEA by Gartner.
More than 20 software outsourcing companies in Ukraine were listed in the 2020 Excellence in Strategic Partnerships list by IAOP recognized for the world-class services they provide.
Ukraine won 1st place in 2019 A.T. Kearney’s Global Services Location Index for financial attractiveness and talent availability.
Ukraine is currently ranked 71st in the 2019 World Bank’s rating for Ease of Doing Business.
Ukraine is ranked first among CEE countries in the Colliers International Index for the number of software developers.
SkillValue ranked Ukrainian developers among the top 10 in the world, outranking developers from France and the UK.
Ukrainian developers were ranked sixth in the Programmers Activity list by the TopCoder Report in 2018.
Good Country Index
Ukraine is ranked first in the Good Country Index for contributing to science and technology.
Three Ukrainian universities are listed among the 300 best universities in developing countries.
CIA World Factbook
Ukraine is rated one of the top countries in the world for its 99.8% literacy rate by the CIA World Factbook.