IT services

Ukrainian IT service export slowed down but still grew in three first months of war

Central bank statistics published last month have confirmed the relative resilience of the Ukrainian IT services sector in wartime. The contribution of the country’s IT companies to National Bank’s foreign currency incomes reached $3.18 billion for the first five months of this year — including March, April and May, when Ukraine was already struggling against de Russian …

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Global IT consulting provider Capgemini offers jobs in France to people displaced by the war

Capgemini, a Paris-based global leader technology consulting services, is making available a range of positions in France to people displaced by the war in Ukraine.  Jobs are available in the fields of digital, cloud, cybersecurity, data, finance and intelligent industry — from digital transformation consultants, to software engineers, to data scientists, to graphic designer. Applicants …

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A month on from Russia’s invasion, Ukraine’s remarkable IT sector thrives

A month on from Russia’s full-scale invasion of Ukraine, the Ukrainian IT sector remains resilient, robust, and a crucial part of the country’s economy. A stable source of foreign exchange earnings, the sector is also helping to ensure the digital security of the Ukrainian state: five per cent of IT workers have signed up for …

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Report: Cost is no longer the only trademark of CEE IT service industry

Cost is no longer the only trademark of the CEE region, shows a whitepaper just released by Daxx, a software development and technology consulting service provider with development centers in Ukraine. The time for mere business processes outsourcing to countries like Ukraine just for the sake lowering costs is gone for good. As Central and …

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Swedish-Ukrainian IT company shows the way to “sustainable software development”

Beetroot, a Swedish IT service company that builds teams of tech experts in Ukraine, has just released a report on the “critical role” of sustainability in its operations — offering an example of how an IT company may put sustainable development principles into practice. The report identifies some of the ways the company has contributed …

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Ukrainian-founded digital transformation major Grid Dynamics acquires e-commerce solution provider

Grid Dynamics, a Ukrainian-founded, NASDAQ-listed digital transformation consultancy and solution provider, has acquired Tacit Knowledge, a major provider and integrator of digital commerce solutions.  “We are pleased to welcome Tacit Knowledge to the Grid Dynamics family. [This company] excels at consulting for top global brands, differentiate through a focus on digital transformation, and consistently deliver the highest …

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Report: Ukraine’s IT export exceeded $5 billion in 2020

Last month the Ukrainian online tech resource TechUkraine has released its annual report on the country’s tech sectors.  “While 2020 has been a year of groundbreaking changes, the Ukrainian tech sector has demonstrated its proactivity, flexibility, continued job creation, great kicks off, and investment deals,” believe the authors of the report.  These achievements came as the country …

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Sigma Software acquires Ukrainian outsourcing company IdeaSoft

Last week Sigma Software Group, a Swedish-Ukrainian company, announced the acquisition of the Ukrainian IT outsourcing company IdeaSoft, headquartered in Kharkiv (Kharkov). The company, which has an in-house team of 120 developers, will continue working under its existing brand within Sigma Software Group. The amount of the deal was not disclosed, but Yevgen Sysoyev, a …

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Ciklum backed by US technology investment firm

On December 29 Ciklum, a major software engineering company operating globally from its main office in Kyiv, announced a “significant strategic investment” from Recognize Partners, an American global technology investment firm. The details of the transaction were not disclosed.  Recognize’s co-founder Francisco D’Souza and partners Rajeev Mehta and Josh Miller joined Ciklum’s board of directors. …

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Ukrainian software development company S-PRO gets funding to enlarge customer base in Western Europe

Ukrainian IT outsourcing company S-PRO has raised funding from SARS Capital, an international investment banking firm specializing in financial consulting in Eastern Europe. The amount of the transaction, which was reported by Ukrainian tech blog AIN.UA, remains undisclosed. S-PRO is an award-winning Ukrainian full-cycle software development company, incorporated in 2014. It specializes in digital solutions …

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American Cprime acquires Ukrainian IT service firm Archer Software

A new acquisition was announced last month on the thriving Ukrainian IT service scene. US company Cprime bought Archer Software, a Ukrainian tech consulting and custom software development firm with offices in Dnipro, Kyiv (Kiev) and New York.  The terms of the deal were not disclosed, but industry insider Vitaly Gorovy told Ukrainian tech blog AIN.UA that Archer …

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