Is Ukraine the next destination for outsourcing?

In the past three years Ukraine has undoubtedly become one of the most attractive outsourcing destination in Eastern Europe. With the second largest population after Russia, a legacy of Soviet science and success-hungry entrepreneurs, the country boasts the fastest-growing software development industry

Well established educational infrastructure

Ukraine boasts a 98% literacy rate. There are more than 950 universities and colleges. 87% of high school graduates going on to higher education. Of those, 35% choose information technology related disciplines. Presently, there are more than 39 educational institutions that maintain more than 15 IT related programs.

The estimated number of students that graduate each year with certificates in IT disciplines is more than 3,000 and is growing year by year. Ukrainians won numerous prize places in the world mathematical and programming contests for students and schools.

R&D Focus

Ukrainian companies have a strong advantage in R&D. By R&D we mean not only scientific research, but also all the software development that requires creativity and strong skills in adjacent domains.

Ukraine belongs to very small group of countries which produce space rockets, airplanes, and atomic power-plants, as well as hardware and software for them. As a result, complex R&D, design and development tasks can be successfully implemented and are welcome.

Outsourcing Factory opens new development center in Ukraine

Outsourcing Factory Inc. has also chosen Ukraine as the destination for the company’s new software development center in Chernivtsi. The new location is part of the strategy for worldwide development of the company that aims to access the renown professional IT market labor in Ukraine, in order to meet the growing demand for quality outsourcing services from its clients.

Read more on Outsourcing Factory's strategic move to Ukraine.

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