EcoisMe, which has developed a system for managing energy at home, has obtained 30,000 euro from Polish incubator Hubraum at an undisclosed valuation. Consequently, the Ukrainian startup will move operations to Krakow, Poland. EcoisMe has also reached an investment agreement with Deutsche Telekom, which manages Hubraum. According to the second agreement, the German telco giant will …
Universum, a global leader in employer branding, has released its first student survey in Ukraine. The survey reveals how attractive an employer is for students and indicates its position in relation to recruitment competitors. Not only have Google and Microsoft been judged the most attractive IT employers, they also take the lead in the Business/Commerce and Engineering/Natural science rankings.
Scanner Pro, an app developed by leading Ukrainian app-developer Readdle that enables you to convert your iPhone or iPad into a mobile scanner, has reached 6-million downloads in the App Store. Earlier this year, Apple identified the app as the “App of the Week” and named it an “Editor’s Choice” in 70 countries, which propelled …
Last week, authorities from Lviv (Lvov), a major city in western Ukraine, signed a cooperation memorandum with Microsoft to launch several “smart-city” projects, reported leading Ukrainian IT portal AIN.UA. Utilizing the Microsoft CityNext platform, the city will create an interactive tourist-portal that will enable visitors to obtain quality services and necessary information. A portal allowing …
During the first five months of 2014, the volume of services provided by entrepreneurs and organizations in the information and telecommunications sectors in Ukraine were valued at 28.8 billion hryvnias (approximately $2.42 billion), reports the State Statistics Service of Ukraine. More specifically, telecom companies accounted for services valued at 19.78 billion hryvnias (approximately $1.66 billion), …
Entreprise application software market expected to shrink by 40% this year Read More
Last week Ukrainian business angels announced the creation of the UAngel local and international association. UAngel will provide access to information on deals, encourage co-investment and organize events and training programs for association members. “This is a super-important element of the startup ecosystem, which Ukraine was indeed missing. Just compare these numbers: in 2012, VCs invested …
Ukrainian business angels gather in an association Read More
Gill Business Systems (Gillbus), a company that develops inventory distribution systems (IDS) for the bus-transportation industry, has secured $3 million from a consortium of three venture funds – Intel Capital, InVenture Partners and FinSight – at an undisclosed valuation. Launched in Ukraine in 2010, Gillbus aims to make distribution of tickets for buses “as smooth as tickets for airlines.” The company …
According to an IDC report, total server shipments to Ukraine in Q1 2014 amounted to $10.6 million (in retail value), down 20% year-on-year. The volume of x86 server shipments halved to 1,633 units and sales revenues fell by 22.7%. HP led the server market with a 44% market share, followed by Dell (14%) and Navigator …
Report: Ukrainian server and PC markets fall sharply in Q1 2014 Read More
Payment for goods and services using contactless payment cards is gaining popularity in Ukraine. The Ukrainian Processing Center (UPC) has recorded a threefold increase in the turnover and the number of transactions using NFC-supported cards emitted by UPC’s five partnering banks. The average transaction value increased slightly from 48 hryvnias at the end of December …
Contactless payment use grows three-fold in five months in Ukraine Read More
Apex VNT Limited, an international venture fund with offices in London and Kiev, has completed its first investment in the Ukrainian market, acquiring 10% of IT-outsourcing firm Epsy Soft for 2.3 million hryvnias (approximately $195,000). In commenting on the deal, Apex VNT PR director Dmitry Chepur told Ukraine Digital News that this is merely their first move into …
Apex VNT Limited acquires 10% of Ukrainian IT-outsourcing firm Epsy Soft Read More
DOU.UA, a leading online community of IT programmers, has published a ranking of Ukrainian IT universities based on a survey of their graduates and students. The strengths and weaknesses of each university were evaluated based on their overall image, knowledge capacity and usefulness. More than 2,800 people participated in the survey, with 60% of these …
Ukrainian IT students and alumni rank universities – and reveal appalling corruption Read More
The number of broadband subscribers in Ukraine exceeded 7.49 million in the first quarter of 2014, up 0.7% compared to Q4 2013, according to Russian consultancy iKS-Consulting. Broadband ISP revenue in the country exceeded 1.472 billion hryvnias in the first quarter of 2014. At the same time, according to the consultancy, the dynamics of broadband …
Report: Ukraine now counts 7.5 million broadband Internet subscribers Read More
