Ukraine with its extensive IT talent pool, reasonably low labor costs and established business infrastructure is attracting many companies as a place for outsourcing their IT works.
Among the most distinct advantages of outsourcing to Ukraine are:
- High skilled labour - Ukraine has a strong educational emphasis on engineering and the sciences and a large number of higher educational technical institutions can guarantee that every industry segment gets highly skilled and qualified specialists.
- Cultural similarities - Some companies believe that Ukraine has a distinct advantage when it comes to outsourcing because software engineers tend to take a more collaborative and less process-driven approach to projects.
- Time zones - Favorable geographical position with insignificant or no time difference, negligible for Europe and allowing to overlap with the US, make the communication and collaboration with employees easier.
- Growing market - Ukraine’s IT outsourcing industry demonstrates a stable growth in the past several years and shows the highest rates of the market growth, comparatively to the CEE countries, leaving other countries far behind in term of the exported IT outsourcing services.
Lots of factors like good quality of works, multiple languages skills, favorable time zones and an established business infrastructure are making Ukraine a natural choice for all companies looking to outsource their IT works.