Ukraine is named among the most promising destinations for the future of outsourcing. Strategically located in the center of Europe and geographically close to major European clients, Ukraine offers cost effective, but highly qualified workforce, rapidly improving infrastructure with the upcoming EURO-2012 football tournament, favorable investment climate, and cultural similarity.
IT services sector is one of the cornerstones of the Ukraine development strategy and one of the priority branches. For several consecutive years, Ukrainian IT outsourcing industry shows sustained growth, in spite of the dramatic fluctuations on the global financial market. For the last five years the volume of the Ukrainian IT services export has doubled – reaching today’s $ 1 billion, which makes it is the fifth in the world. It is a good prove of the industry’s potential and a weighty argument for launching long-term projects in the region.
Ukraine is also distinguished by a high level of technology skills and scientific potential. Each year more than 30,000 new specialists graduate from Ukrainian universities; technology and engineering branches are among the most intensively studied. Since the country was a major hub of scientific research of the Soviet Union (40% of the total share), there is deep heritage of strong skills in software engineering. Ukraine boasts strong potential for supplying highly qualified and well-educated workforce with innovative and creative thinking to develop new products and solutions. Moreover, IT engineers have European mindset and good English skills which facilitate everyday communication and help them better perform tasks.
The outsourcing industry is particularly well-developed in the country’s biggest cities: Kyiv, Kharkiv, Lviv, Vinnytsia, and Dnipropetrovsk. Ukraine is constantly trying to improve its capacity to better accommodate IT needs, and is likely to become soon a major destination for software outsourcing in Central and Eastern Europe.
IT services sector is one of the cornerstones of the Ukraine development strategy and one of the priority branches. For several consecutive years, Ukrainian IT outsourcing industry shows sustained growth, in spite of the dramatic fluctuations on the global financial market. For the last five years the volume of the Ukrainian IT services export has doubled – reaching today’s $ 1 billion, which makes it is the fifth in the world. It is a good prove of the industry’s potential and a weighty argument for launching long-term projects in the region.
Ukraine is also distinguished by a high level of technology skills and scientific potential. Each year more than 30,000 new specialists graduate from Ukrainian universities; technology and engineering branches are among the most intensively studied. Since the country was a major hub of scientific research of the Soviet Union (40% of the total share), there is deep heritage of strong skills in software engineering. Ukraine boasts strong potential for supplying highly qualified and well-educated workforce with innovative and creative thinking to develop new products and solutions. Moreover, IT engineers have European mindset and good English skills which facilitate everyday communication and help them better perform tasks.
The outsourcing industry is particularly well-developed in the country’s biggest cities: Kyiv, Kharkiv, Lviv, Vinnytsia, and Dnipropetrovsk. Ukraine is constantly trying to improve its capacity to better accommodate IT needs, and is likely to become soon a major destination for software outsourcing in Central and Eastern Europe.
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