1. 1
IT in Ukraine –
the Opportunity

2. 2
Mr. Dmitry Ovcharenko
VP of Legal matters in
IT Ukraine Association
CEO at ALCOR

3. 50+ MAJOR IT PLAYERS
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4. 4
Ukraine’s booming IT
industry under the
microscope by
The Ukraine Business
Journal

5. WHY UKRAINE?
Borys Pratsiuk,
Head of R&D Engineering at Ciklum:
“When we asked our clients why they
worked with Ukraine, we expected to
hear because of price. But we heard:
because of quality.”
5
Alex Lutskiy,
Founder and CEO of Innovecs:
“In India, you can build a team of 1,000
people in six months. You can’t do that
in Ukraine. But if you want to build a
small team of high-end software
engineers, Ukraine is a good place.”

6. PEOPLE AS A KEY
200,000
100,000
$4.5 billion
6
industry
IT professionals
software engineers

7. PEOPLE AS A KEY
60%
senior level
7
74%
specialized
education in IT
78%
speak English

8. THE TOTAL NUMBER OF GRADUATES REACHES 600 000,
WHICH IS THE 4TH HIGHEST NUMBER IN EUROPE
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9. PAY SCALE: UKRAINE VS UNITED KINGDOM
IT specialist Ukraine
Java $1,820-4,500
JavaScript $1,850-4,600
C# / .NET $1,750-4,240
PHP $1,400-4,000
C++ $2,000-4,200
Python $1,700-4,200
Swift $1,900-4,500
Ruby $2,000-4,500
QA $1,220-3,500
Objective-C $1,760-4,000
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10. EFFICIENCY GAIN
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Support/administrative personnel costs – 4-8 times cheaper
Administrative costs (including office rent) – 3-4 times cheaper
Attractive personal tax rate
for IT professionals 5%

11. SIMILAR LOCATION TO POLAND, ROMANIA AND BULGARIA
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FROM FLIGHT DURATION TO
Ukraine
2.5 h Zurich
2.5 h Oslo
2.5 h Berlin
3 h Paris
3 h London

12. SUMMARY
12
COST
Ukraine is cheaper than
Poland, Hungary, the
Czech Republic,
Slovakia and Romania,
and can save Western
countries up to 60% on
their total expenses.
LOCATION
At most, you will have a
2-hour difference if you
are in the UK, and the
1-hour difference if you
are in central Europe.
Ukraine is also located
almost in the middle
between the Australian
and the Americas time
zones.
TALENT
Undervalued human
capital under the Davos
economic forum
meeting in 2017.
CULTURAL
SIMILARITIES
A successful business
is based on transparent
communication,
understanding of
European values and hard
work of professionals.

13. RESULT: COMPANIES THAT INVESTED IN UKRAINE
13
COMPANY EMPLOYEES FROM
Samsung 800+ 2012
Boeing 400+ 2013
Ericsson 200+ 2014
Oracle 200+ 2015
Amazon 500+ 2018

14. MAJOR R&D AND NEARSHORE DELIVERY CENTERS IN UKRAINE
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15. EMERGING EUROPEAN STARTUP HUB
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16. #3 UKRAINIAN INDUSTRY BY EXPORT
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Agro
$16BMetallurgy
$11,1B
IT
$3,6B

17. THE RISKS IN UKRAINE
17*DOU IT industry statistics
0
10000
20000
30000
40000
50000
60000
2014 2015 2016 2017 2018
General employment in IT

18. THE FUTURE OF UKRAINE
UNIT.City Kyiv
18
IT Park Lviv

19. THE FUTURE OF UKRAINE
200,000 400,000 IT professionals
100,000 200,000 software engineers
$4,5 billion $10 billion industry by 2024
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*PwC IT Industry research for European Business Association

20. THREE MAIN OPTIONS FOR ENTERING UKRAINE
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M&A
Your own R&D center
Outsourcing

21. M&A–TOP 5
2018 – Amazon buys Ring, $1 billion (500+)
2017 – Luxoft acquires IntroPro (500+)
2017 – George Soros Fund buys a stake in Ciklum (2000+)
2015 – Snapchat buys Looksery, $150 million (150+)
2015 – Oracle buys Maxymiser (150+)
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22. 22
YOUR OWN SOFTWARE R&D CENTER

23. 23
YOUR OWN SOFTWARE R&D CENTER

24. TOP 3 LIFEHACKS FOR OPENING AN R&D OFFICE IN UKRAINE
Step 1: Research TOP 5 IT cities in Ukraine (to find the right IT specialization).
For example, Kharkiv is a game development center in Ukraine, yet Kyiv
hosts more than 40% of the industry.
Step 2: Hire the first senior employee for your future development team in Ukraine.
He/she may use a co-working until you hire 2-3 other IT specialists.
Step 3: Find the right IT office for a 10+ team… and then move onward & upward!
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