Ukraine has been among the top preferred outsourcing destinations for years. Quality education, affordable rates, and geographical proximity have made it an enticing choice for customers from the US and Europe. In 2019-2021, the local IT industry grew by more than 50%, reaching $839 million in February 2022. Even now, the market continues to grow and attract investment.
So what makes Ukraine an attractive location for software development outsourcing? Discover the main benefits below:
Reasonable pricing
The average hourly rates of Ukrainian software developers range from $25 to 65, depending on experience and tech skills. It is much lower than US and European companies charge. Hence, by hiring Ukrainian developers, you can optimize your budget and get more for less. It is particularly crucial for startups that often have limited resources and need qualified specialists at an affordable cost.
Remarkable quality
While outsourcing to Ukraine does save you money, quality remains the primary reason to hire Ukrainian developers. Local software engineers have contributed to such world-renowned products as Grammarly, MacPaw, Reface, Wix, and thousands of other apps. They work with all leading global innovations, from IoT to robotic process automation or AI.
Large Talent Pool
The Ukrainian tech market unites over 285,000 tech specialists and keeps growing. Around 20,000 tech students graduate annually, and the number will reach 38,000 graduates in 2030. Also, in 2023, Ukraine saw a 7% rise in tech specialists. Furthermore, 36% of CEOs in Ukrainian tech firms aim to establish new offices in 2024. It means a continuous supply of qualified software engineers and a rich selection of tech talents. Ukrainian tech companies have all the resources to provide well-educated professionals within the shortest time since hiring is relatively easy.
Convenient time zone
Ukraine is a perfect destination for European companies and a favorable option for North America. It belongs to the Eastern European Time (UTC+2) zone, which is only one-two hours ahead of Europe and seven hours ahead of the US East Coast. Simply put, you will have enough overlapping hours to arrange calls and discuss the project at meetings.
English proficiency
Around 85% of Ukraine’s tech professionals have a high level of English proficiency. Upper intermediate or advanced English is a mandatory requirement to get hired by a Ukrainian IT company. Local tech providers focus on the Western markets and, therefore, ensure every team member can communicate in English.
Focus on outsourcing
Software development outsourcing companies dominate the Ukrainian IT market. Therefore, there is a well-established model of engineering services outsourcing. You will be guided on how to set up project management processes and don’t need to reinvent the wheel, losing precious time.
Government support
You won’t face any obstacles when choosing this destination for outsourcing. The authorities acknowledge the value of the IT segment to the economy and create favorable conditions for investors.
Developed tech community
Every large Ukrainian city has an IT cluster and multiple local meetups where software engineers exchange experience and network. Therefore, when you choose this destination for outsourcing or opening your office, you have a solid ground to build on.
Extensive tech stack
Local software engineers keep up with innovations to build competitive products and meet market demand. You can find specialists in core programming languages like C#, .NET, or PHP, or Ruby outsourcing as well as in narrow niche technology.
Intellectual property protection
Starting cooperation with any Ukrainian company, you will sign a non-disclosure agreement that indicates software ownership rights. A tech service provider will disclose only the information you allow them to and can ensure 100% confidentiality.
No cultural gap
Local software engineers share Western culture and values. They are committed to creating quality products and view close communication with customers as essential to successful project completion.