Over the last eight years, the volume of software development and IT outsourcing services Ukraine has provided has grown by a factor ten, according to the “Exploring Ukraine. IT Outsourcing Industry” report, just published by Ukrainian Hi-Tech Initiative, leading association of Ukrainian software development and IT outsourcing companies.
Talented IT specialists, high quality of services and reasonable costs have always been prime motivation to businesses to consider outsourcing their IT services to Ukraine. Ukraine can boast stable growing market and extensive IT talent pool.
Ukraine is capturing a great amount of attention as an attractive outsourcing destination offering skilled IT specialists and high-quality services. The number of IT specialists working in the outsourcing industry reached more than 25,000 people and more than 1,000 outsourcing companies operate all over Ukraine.
IT outsourcing can benefit businesses of all sizes, including middle and small sized companies as it allows reducing costs for the development and supporting business growth. There are many reasons why company should consider outsourcing as a great option.
Ukraine is one of the leaders in the European outsourcing space being ranked the first in the volume of IT outsourcing services provided among 16 countries of the CEE region according to “CEE IT Outsourcing Review 2010”. One of the preconditions of the IT outsourcing industry development is the availability of extensive talent pool.
IT outsourcing sector in Ukraine employs over 20,000 IT specialists and this figure is likely to grow over the next years. The availability of extensive IT talent pool and educational systems which have strong focus on fundamental engineering education ensures that outsourcing industry gets highly qualified IT workforce.