Updated: Oct 27, 2021
Ukraine has become a major player in the global tech arena. The IT talent pool in Ukraine is approaching 200,000 software developers, tech startups are booming, the flow of investments is increasing, and the number of companies that partner with Ukrainian software development service providers is growing.
The quality of Ukrainian tech skills is recognized across the world and acknowledged by many industry awards. The country is in the top 20 in the A. T. Kearney Services Location Index; it was named Offshoring Destination of the year by GSA; more and more Ukrainian companies are listed in Global Outsourcing 100 by IAOP; a lot of companies are included into Software 500, Inc. 5000 and other industry ratings.
Compared to Poland, Belarus, Czech Republic, and other European counties, Ukraine offers more competitive outsourcing rates paired with a much larger tech talent pool.
The average hourly rate for software development is within the $25–50 range, with the average software developer salary between $1,400 and $3,300 per month (excluding taxes and social contributions).
Perfectly fit - Europe
Much of Ukraine’s success stems from its ample resources. It is the largest country that lies entirely in Europe with a population of nearly 43 million and a workforce of 20 million people. The country has a favorable geographical position as it borders Poland, Romania, Slovakia, Hungary and Moldova in the west; Belarus and Russia to the north and east; Bulgaria, Georgia, and Turkey to the south over the Black Sea. For European businesses, geographical location and time zone proximity significantly simplify collaboration. Moreover, the European mindset and a similar business culture remove communication bottlenecks.
Perfectly fit - Asia
Despite the acknowledged title of one the best offshore location, for many Asia companies, Ukraine still remains undiscovered treasure.
At Muteki Group, we combine Japanese and Ukrainian culture to creative a unique business environment for our Japanese Customers.