The advantages of outsourcing software development in Ukraine are numerous for businesses looking to expand their development capabilities. Cost savings on hiring developers is a major benefit, as costs are typically much lower than in-house or other countries. Additionally, Ukraine is renowned for having high quality developers with technical skills, creativity, an understanding of modern technologies, and a strong ability to learn and adapt quickly. When evaluating the option of outsourcing to Ukraine, businesses should consider the cost savings, quality of developers, and ease of working with Ukrainian developers. These all have the potential to enable businesses to access a high-quality development team at a fraction of the cost of hiring in-house. Ultimately, it is important for businesses to carefully assess the pros and cons of outsourcing to Ukraine to determine if it is the right choice for their development needs.
A recent analysis conducted by Grand View Research has revealed that the current value of the global software and services industry is $389.86 billion. Additionally, the industry is predicted to experience a compound annual growth rate (CAGR) of 11.3 percent over the next eight years.
The increasing demand for business process automation is having a profound impact on a wide range of industries, including transportation, retail, healthcare, and manufacturing. Automation is not only a cost-effective solution, but it can also increase efficiency and improve customer experience, making it an attractive option for businesses of all sizes. By leveraging automation, companies can unlock a range of potential benefits that can improve their operations and drive growth.
In order to meet the growing need for both software products and qualified software engineers, many technology companies, both large and small, are increasingly looking to emerging countries like India, Poland, Brazil, and Ukraine for these necessary resources.
Over the past few years, Ukraine has made significant progress in the IT sector, becoming the fifth largest country for IT outsourcing in the world and generating over five billion dollars in IT service exports. This raises the question of why multinational corporations such as Microsoft, Samsung, and Apple choose to outsource IT services to Ukraine. Ukraine has a long history of excellence in the IT field, boasting some of the world’s leading experts in software engineering, computer programming, and cyber security. The country has also invested heavily in its IT infrastructure, making it an appealing destination for companies seeking to outsource their IT needs. Furthermore, Ukraine has a large and growing talent pool of IT professionals who are up-to-date on the latest technologies and trends. Additionally, Ukraine offers competitively low prices for outsourced IT services, giving companies greater cost-effectiveness. Moreover, Ukraine provides a wide range of services such as cloud computing, software development, mobile app development, and web design, making it a desirable destination for international companies. The combination of these factors has resulted in Ukraine becoming a premier destination for IT outsourcing and surpassing five billion dollars in IT service exports. It is evident that Ukraine is a unique and attractive choice for multinational corporations looking to outsource IT services.
In this essay, we’ll look at what distinguishes Ukrainian developers and the benefits they may provide to your firm.
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Ten reasons why you should recruit Ukrainian developers
Faced with the epidemic, demand for Ukrainian software developers soared by 20.4 percent, exceeding the $5 billion mark for the first time.
Furthermore, throughout the previous decade, Ukraine’s software developer sector increased at a rate of 25% to 30% every year.
Why? Because of the following benefits.
- A competence score of 90+ Ukrainian developers have a knowledge and competence score of 93.17 percent on average.
The expanding startup culture Since 2010, There Has Been a Considerable Growth in the Number of Start-Ups in Ukraine. Among the Most Recent Top-Ranked Ukrainian Start-Ups Are:Grammarly, a Plagiarism and Grammar Checking Tool Created by Ukrainian Engineers in 2009, Has Earned Immense Popularity Due to Its Utilisation of Artificial Intelligence (AI) to Identify and Rectify Errors in Written Material. Since 2011, the Company Has Achieved Profitability, and in 2019, It Was Designated as the First Ukrainian ???unicorn??? Startup, a Term Used to Refer to a Privately Held Startup Company Which Is Valued at More than $1 Billion.
Established in 2012, Petcube Has Become a Globally-Recognised Brand Due to Its Groundbreaking Technology Offerings. Specialising in Providing Laser Toys, Wi-Fi Webcams and Voice-Controlled Devices, Petcube Has Enabled Pet Owners to Interact with Their Beloved Animal Companions from a Distance. According to Tech Ukraine, Petcube Has Successfully Raised More than $14 Million in Funding, Which Is a Testament to the Trust that Investors Place in the Company.
GitLab, Founded in 2013, Is a Renowned Open-Source Code-Hosting and Collaboration Platform for DevOps. According to VentureBeat, the Ukrainian Start-up Achieved a Staggering Valuation of $2.7 Billion After Receiving Early-Stage Funding from the American Y Combinator Incubator.
People.ai is a cutting-edge software platform that enables sales teams to increase their sales performance and revenue opportunities. Since its inception, the company has attracted in excess of $100 million in investment capital, and it currently enjoys an estimated valuation of $500 million.
Outstanding technological infrastructure and developer communityUkraine is dedicated to strengthening its relationship with the international Information Technology (IT) community through a range of events. Annually, Ukraine holds various technology conferences, summits and expositions which demonstrate the nation’s proficiency in the sector. Some of the most prominent IT occasions held in Ukraine include:
-the Agile Eastern Europe Conference
-the Games Gathering Conference
–Lviv IT Arena
Employ Ukrainian developers for their technical competence.Ukrainian software developers offer a wide range of services that could be advantageous for businesses. These services include web and mobile application development, user interface and user experience design, quality assurance services, game design and development, project management, analytics, research and development, IT consulting, and many more. With their extensive technical capabilities and proficiency, businesses can gain a competitive advantage and maximise their profit potential.
Working with this company offers the advantage of their extensive experience and in-depth knowledge in a wide range of industries, including data management, telecommunications, cloud computing, gaming, eCommerce, media, FinTech, healthcare, artificial intelligence, big data, data science, machine learning, and blockchain. This broad scope of industry expertise allows us to make use of their know-how, providing us with tailored solutions for our particular needs.
Ukrainian developers provide an excellent value/price ratio.What is the cost of hiring developers in Ukraine?
The salary of a professional software developer is typically based on a variety of factors, such as geographical location, overhead costs, living expenses, tax regulations, and other applicable factors. It is essential to factor in all of these elements in order to determine an accurate estimate of the hourly income of a professional developer. Variations in these factors may result in significant differences in the salary of a professional developer.
Companies can benefit greatly from employing the services of Ukrainian software developers, with potential savings of up to 60 percent on their outsourcing budgets. Additionally, these developers offer flexible terms and conditions, making them an attractive option for businesses. The average hourly rate for these developers is usually between $30 and $60.
Overall, Ukrainian developers save money and improve efficiency without losing quality.
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- Employ Ukrainian coders because of their fluency in English The quality of education and proximity to Western Europe in Ukraine have had a considerable effect on the population, as evidenced by the high levels of English proficiency among the population. A recent survey conducted by DOU.ua revealed that most Ukrainian developers possess intermediate to advanced proficiency in the English language, making them competent candidates for software development projects. This indicates that the Ukrainian population is well-equipped to communicate with ease and bridge cultural divides.
- Optimal time zone and geographical location Team members may experience frustration when organising meetings due to delays which can result in overtime payments. Fortunately, Ukraine is located in the Eastern European time zone (GMT+2) which provides a two hour advantage over the rest of Europe, and seven hours ahead of the US East Coast. This can be beneficial for managing meeting times and preventing delays.
Ukrainian developers can increase their productivity when working with customers and teams that are located outside of the country by aligning their work schedules with different time zones. This enables them to determine the most suitable times for synchronising their activities, thus ensuring a seamless and consistent workflow. By doing so, Ukrainian developers can ensure that their efforts are maximised and their development process is as efficient as possible.
- Holidays and flexible labour regulations In the United States, the average number of working hours per week for the typical employee is 34.4, while in Germany and other European countries, this figure stands at 32.77. Conversely, the situation in Ukraine is somewhat different. Ukrainian developers are typically willing to put in extra hours as and when required to ensure that their projects are completed successfully. Furthermore, companies do not have to worry about vacation schedules disrupting their projects, as there are only eleven official holidays in Ukraine annually.
- Ukrainian developers get high-quality education Ukraine Is Home to a Wide Variety of Educational Institutions that Offer a Solid Technical Background for Their Graduates. Yearly, These Establishments Generate a Considerable Number of Graduates, with More than 10% of Them Specialising in Information Technology. In Addition, a Great Number of IT Students Start Part-Time Positions in IT-Related Businesses in Their Early Twenties, Which Has Provided Them with the Foundational Knowledge and Exposure to Swiftly Become Proficient Developers.
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- Is Your Company’s Brand Strong Enough to Attract Top Executive Talent? Many Ukrainian companies put the safeguarding of their intellectual property at the top of their priority list and take the necessary steps to ensure that they are compliant with international security standards, such as ISO, PCI, and HIPAA. To ensure that their engineers are aware of the particulars and ramifications of these regulations, these organisations invest time and resources into providing them with the appropriate training.
Due to the remarkable engineering expertise and advanced technological knowledge of Ukrainian applicants, the Information Technology (IT) outsourcing industry in Ukraine has experienced substantial growth in recent years, attracting customers from all corners of the globe to outsource their software engineering projects to the country.
Ukrainian software developers have become increasingly sought-after by businesses looking to outsource their software development requirements. This is largely attributed to the abundance of qualified professionals, effective cross-cultural communication, cost-effective pricing, and an impressive value-for-money offering. This appealing blend of advantages makes Ukraine a prime choice for organisations that wish to get the most out of their budget while still being able to access the highest quality software development services.
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