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IT Outsourcing Industry

The IT industry in Ukraine is one of the most rapidly growing sectors of the economy. A strong R&D heritage, a large available pool of cost-effective IT resources and innovation, and a European approach to business make Ukraine a major location for IT outsourcing.

With the highest ITO market value in the CEE region, more than 30,000 IT graduates each year, Western orientation, WTO membership (since 2008), numerous high-tech parks and the highest democratic level among the non-EU CEE countries, Ukraine is emerging as a Silicon Valley of the CEE region. –  2010-2011  European IT Outsourcing Intelligence Report on Central and Eastern Europe

Industry Acknowledgement

  • #1 CEE outsourcing location in European IT Outsourcing Intelligence Report 2010-2011
  • #4 by the number of certified IT professionals — Brainbench Global IT IQ report (2002)
  • Top 11 in 100 Leading Countries in the area of outsourcing and High-Tech services ( Global Services 100 List. 2010)
  • Top 30 Gartner’s world locations for Offshore Services (2008–2010)
  • Top 50 Emerging Outsourcing Cities Tholons’ List of Global Services, 2009)
  • Safest non-EU outsourcing destination in Europe according to Datamonitor’s 2011 report

Ukrainian IT Industry in Numbers

  • ITO market value — EUR 389.6 million
  • Companies outsourcing to Ukraine save 40 to 60% of their total in-house IT spending.
  • An estimated 70% of Ukrainian IT specialists work for European and Ukrainian clients
  • Outsourcing accounts for more than 70% of software development activity in Ukraine
  • Over 4 000 IT companies
  • 40 000 IT specialists
  • About 300 ISPs in Ukraine, employing over 100,000 hardware, software and IT consulting professionals
  • 20 major IT educational centers producing about 30,000 IT-graduates annually
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