When it comes to expanding development capabilities, outsourcing software development to Ukraine offers numerous benefits for businesses. One major plus is the cost savings that comes with hiring developers, as Ukraine typically offers lower costs compared to other countries and in-house options. Furthermore, Ukraine is renowned for having high-quality developers with technical expertise, creativity, familiarity with modern technologies, and the ability to learn and adapt quickly. When considering the option of outsourcing their software development to Ukraine, businesses should take into account the financial savings, developer quality, and ease of working with Ukrainian developers. These factors have the potential to allow businesses to access a top-notch development team at a fraction of the cost of building an in-house team. Ultimately, it’s crucial for businesses to perform a thorough assessment of the advantages and disadvantages of outsourcing to Ukraine to determine whether it’s the right fit for their development requirements.
According to a recent study by Grand View Research, the present value of the global software and services industry stands at $389.86 billion. Moreover, the industry is anticipated to witness a compound annual growth rate (CAGR) of 11.3% during the upcoming eight years.
Business process automation is on the rise, with growing demand impacting a broad range of industries, such as transportation, retail, healthcare, and manufacturing. Automation is not only a cost-efficient solution, but it can also enhance efficiency and elevate customer experience, making it an appealing option for businesses of various sizes. By implementing automation, companies can unlock a plethora of potential advantages that can enhance their operations and fuel their expansion.
To address the escalating demand for software products and skilled software engineers, numerous technology companies of different sizes are turning their sights to emerging countries such as India, Poland, Brazil, and Ukraine for these vital resources.
In recent years, Ukraine has made remarkable strides in the IT sector, becoming the fifth largest IT outsourcing country worldwide, with IT service exports exceeding five billion dollars. This raises the question of why top-tier multinational corporations such as Microsoft, Samsung, and Apple prefer outsourcing IT services to Ukraine. Ukraine has a rich history of excellence in IT, boasting some of the world’s leading experts in software engineering, cyber security, and computer programming. The country has also made substantial investments in its IT infrastructure, making it an attractive destination for companies seeking to outsource their IT needs. Furthermore, Ukraine has a vast and growing talent pool of IT professionals who are knowledgeable about the latest technologies and trends.
Ukraine offers among the lowest prices for outsourced IT services, allowing companies an opportunity to be more cost-effective. What’s more, Ukraine offers a range of services such as cloud computing, web design, mobile app development, and software development, making it an appealing choice for global businesses. As a result of these factors, among others, Ukraine has become a top destination for IT outsourcing, surpassing five billion dollars in IT service exports. It is clear that Ukraine presents a matchless and attractive option for multinational corporations seeking to outsource IT services.
This article will examine the distinctive characteristics of Ukrainian developers and the potential advantages they can offer to your company.
Works would like to express its solidarity with all those impacted by the unjustified conflict. In the quest for peace, we stand in unity.
10 Reasons Why You Should Hire Developers from Ukraine
As a result of the pandemic, demand for Ukrainian software developers increased by 20.4%, surpassing $5 billion for the first time.
In addition, over the past decade, Ukraine’s software development industry has grown at a rate of 25% to 30% every year.
This is due to the following advantages.
A Competency Score of 90+
Ukrainian developers have an average knowledge and competency score of 93.17%, indicating their expertise.An Expanding Startup Culture
There has been significant growth in the number of startups in Ukraine since 2010. Among the newest and top-ranked Ukrainian startups are:
A. Grammarly
Created by Ukrainian engineers in 2009, Grammarly is a plagiarism and grammar-checking tool that has gained immense popularity due to its utilisation of artificial intelligence to recognise and correct mistakes in written material. Since 2011, the company has achieved profitability, and in 2019, Grammarly became the first Ukrainian “unicorn” startup, a term used to describe a privately-held startup company valued at more than $1 billion.
B. Petcube
Petcube, established in 2012, has become a global brand due to its innovative technology offerings. Specialising in laser toys, Wi-Fi webcams, and voice-controlled devices, Petcube has enabled pet owners to interact with their beloved pets from a distance. According to Tech Ukraine, Petcube has successfully raised over $14 million in funding, which is a testament to the trust investors have in the company.
C. GitLab
Founded in 2013, GitLab is a renowned open-source code-hosting and collaboration platform for DevOps. VentureBeat reports that the Ukrainian startup achieved a staggering valuation of $2.7 billion after receiving early-stage funding from the American Y Combinator incubator.
D. People.ai
People.ai is an innovative software platform that helps boost sales performance and revenue opportunities for sales teams. Since its launch, the company has attracted over $100 million in investment capital and has a current estimated valuation of $500 million.Exceptional Technological Infrastructure and Developer Community
Ukraine is committed to forging stronger ties with the international Information Technology (IT) community through a range of events. Each year, Ukraine hosts various technology conferences, summits, and expositions that showcase the nation’s proficiency in the sector. Some of the most notable IT events held in Ukraine include:
-Agile Eastern Europe Conference
-DEV Challenge
-Games Gathering Conference
–Lviv IT Arena
-IForumHire Ukrainian Developers for Their Technical Proficiency.
Ukrainian software developers offer an array of services that can be beneficial for businesses. These services encompass 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 more. With their extensive technical capabilities, businesses can gain a competitive edge and maximise their profit potential.
Partnering with this company provides the benefit of their wide-ranging expertise and deep knowledge in various industries, including data management, telecommunications, cloud computing, gaming, eCommerce, media, FinTech, healthcare, artificial intelligence, big data, data science, machine learning, and blockchain. This extensive industry experience enables us to leverage their know-how and receive customized solutions to meet our specific requirements.Ukrainian Developers Offer Excellent Value for Money.
What is the cost of hiring developers in Ukraine?
The salary of a professional software developer is typically based on various factors, such as geographical location, overhead costs, living expenses, tax regulations, and other applicable factors. It is essential to consider 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.
Businesses can reap significant benefits from using the services of Ukrainian software developers, potentially saving up to 60% 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 usually ranges between $30 and $60.
All in all, Ukrainian developers enable companies to save money and enhance efficiency without compromising quality.
Related Article: How to Hire Software Developers at Different Levels?Hire Ukrainian Coders for their Proficiency in English.
The quality of education and proximity to Western Europe in Ukraine have had a substantial impact on the population, resulting in high levels of English proficiency among its people. A recent survey conducted by DOU.ua revealed that a majority of Ukrainian developers have intermediate to advanced proficiency in the English language, making them highly capable candidates for software development projects. This is a testament to the Ukrainian population’s ability to communicate effectively and mitigate cultural differences.Optimal Time Zone and Geographical Location
Coordinating meetings can be a challenge for team members, and delays can result in overtime payments. Luckily, Ukraine is located in the Eastern European time zone (GMT+2), giving it a two-hour advantage over the rest of Europe and placing it seven hours ahead of the US East Coast. This can be advantageous for scheduling meetings and avoiding delays.
Ukrainian developers can enhance their productivity when collaborating with customers and teams located outside the country by aligning their work schedules with different time zones. This allows them to determine the most suitable times for synchronising their activities, ensuring a seamless and consistent workflow. By doing so, Ukrainian developers can ensure that their efforts are maximised, and their development processes are as efficient as possible.Holidays and Flexible Labour Regulations
In the United States, the average employee works 34.4 hours per week, while in Germany and other European countries, the average is 32.77 hours. However, the situation in Ukraine is somewhat different. Ukrainian developers are typically willing to work extra hours as necessary to ensure the successful completion of their projects. Additionally, companies do not have to worry about vacation schedules disrupting their projects, as Ukraine has only eleven official holidays annually.Ukrainian Developers Receive High-Quality Education
Ukraine is home to numerous educational institutions that provide graduates with a strong technical background. These institutions produce a significant number of graduates each year, with more than 10% of them specialising in information technology. Furthermore, a large number of IT students begin part-time positions in IT-related businesses in their early twenties, providing them with foundational knowledge and exposure to become proficient developers rapidly.
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In Ukraine, many companies prioritize the protection of their intellectual property and take necessary measures to comply with international security standards like ISO, PCI, and HIPAA. These organizations invest in providing their engineers with appropriate training to ensure that they are aware of the regulations’ nuances and ramifications.
Conclusion
Ukraine’s exceptional engineering expertise and advanced technological knowledge have led to significant growth in the Information Technology (IT) outsourcing industry in recent years. Customers from around the world are drawn to outsourcing their software engineering projects to Ukraine.
Businesses seeking to outsource their software development requirements increasingly look to hire Ukrainian software developers. The country is home to a wealth of qualified professionals, effective cross-cultural communication, cost-effective pricing,
If you are seeking to expand your workforce and hire seasoned software developers in Silicon Valley, look no further than Works.com. Our team can assist you in finding the right professionals to meet your project’s needs. With the help of an AI-powered Intelligent Talent Cloud, we can identify, analyse, compare, and manage the most skilled software engineers from around the world, all from the convenience of a remote work environment.
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