This document discusses the growth of the Ukrainian software technology industry. It notes that Ukraine has over 50,000 software engineers, the largest number in Central and Eastern Europe, and that many Fortune 500 companies outsource software development to Ukraine. The IT sector now accounts for around 3% of Ukraine's GDP and is the fastest growing sector, transforming the Ukrainian economy. Many Ukrainian startups are also achieving international success. The document argues that Ukraine's large, skilled IT workforce is delivering high quality software globally and playing an important role in the world economy.
2014 Developments in Ukrainian IT sector, Yevgen Sysoyev @ IDCEE2014Yevgen Sysoyev
2014 Developments in Ukrainian IT sector, overview of venture capital market in Ukraine. Announce of Dealbook Ukraine. By Yevgen Sysoyev, managing partner of AVentures Capital @ IDCEE2014
Ukraine IT universe by Yevgen Sysoyev, AVentures Capital #idcee2013Yevgen Sysoyev
Comprehensive overview of Ukrainian IT sectors and venture capital ecosystem as of late 2013. Presentation by Yevgen Sysoyev, AVentures Capital at IDCEE 2013.
Ukraine Dealbook IT and Internet Market 2012-14Yevgen Sysoyev
The comprehensive overview of venture market in Ukraine and all tech deals in 2012-14, overview of key trends, players and Ukrainian venture ecosystem
Subscribe to @YevgenSysoyev to receive updates
Downloadable version is here:
http://www.ewdn.com/files/ua_dealbook.pdf
Key findings:
https://prezi.com/y_gg35xswhcr/the-deal-book-of-ukraine/
For optimized reading: http://www.uadn.net/files/ua_hightech.pdf
A comprehensive 250-page review of software R&D and IT outsourcing activities in Ukraine, the country with the largest number of software engineers in CEE. http://www.uadn.net/files/ua_hightech.pdf
2014 Developments in Ukrainian IT sector, Yevgen Sysoyev @ IDCEE2014Yevgen Sysoyev
2014 Developments in Ukrainian IT sector, overview of venture capital market in Ukraine. Announce of Dealbook Ukraine. By Yevgen Sysoyev, managing partner of AVentures Capital @ IDCEE2014
Ukraine IT universe by Yevgen Sysoyev, AVentures Capital #idcee2013Yevgen Sysoyev
Comprehensive overview of Ukrainian IT sectors and venture capital ecosystem as of late 2013. Presentation by Yevgen Sysoyev, AVentures Capital at IDCEE 2013.
Ukraine Dealbook IT and Internet Market 2012-14Yevgen Sysoyev
The comprehensive overview of venture market in Ukraine and all tech deals in 2012-14, overview of key trends, players and Ukrainian venture ecosystem
Subscribe to @YevgenSysoyev to receive updates
Downloadable version is here:
http://www.ewdn.com/files/ua_dealbook.pdf
Key findings:
https://prezi.com/y_gg35xswhcr/the-deal-book-of-ukraine/
For optimized reading: http://www.uadn.net/files/ua_hightech.pdf
A comprehensive 250-page review of software R&D and IT outsourcing activities in Ukraine, the country with the largest number of software engineers in CEE. http://www.uadn.net/files/ua_hightech.pdf
Важные причины инвестировать в Украину именно сегодня от Horizon CapitalKira Ivanova
Важные причины инвестировать в Украину именно сегодня от Horizon Capital
Инвестиционный фонд Horizon Capital сделал презентацию, которая показывает возможности Украины и призывает инвестировать в Украину прямо сейчас.
В Horizon Capital объясняют, какие перспективы есть у Украины, откуда они берутся, что нужно сделать в стране и какое будущее ее ожидает. В презентации кратко описаны также возможности и риски для инвестора, который отважится вложить деньги в Украину. В Horizon это называют "ground-floor investment opportunity".
Кризис – это не только проблемы, но и новые возможности!
Спасибо Horizon Capital за материалы.
Важливі причини інвестувати в Україну саме сьогодні від Horizon Capital
Інвестиційний фонд Horizon Capital зробив презентацію, яка показує можливості України та закликає інвестувати в Україну прямо зараз.
У Horizon Capital пояснюють, які перспективи має Україна, звідки вони беруться, що потрібно зробити в країні та яке майбутнє її чекає. У презентації коротко описані також можливості та ризики для інвестора, який наважиться вкласти гроші в Україну. В Horizon це називають "ground-floor investment opportunity".
Криза - це не тільки проблеми, але й нові можливості!
Дякуємо за матеріали Horizon Capital.
Ukraine 2015: A ground-floor opportunity at the EU’s frontier – Horizon Capital
Horizon Capital has developed and shared a comprehensive, data-rich report entitled “Ukraine 2015: A ground-floor opportunity at the EU’s frontier”.
The youngest, most pro-business government in the history of modern Ukraine is driving a bold structural reform agenda that is both the right thing to do for the country as well as the clear demand of an active, engaged civil society. From a business perspective, the lasting competitive advantages in export-focused sectors, such as IT, Agriculture, Food and others, open up exciting investment opportunities, made even more compelling by very attractive valuations.
Thais is a brief version of the Horizon Capital presentation.
http://horizoncapital.com.ua/sites/default/files/horizon_capital_press_release_july_24_2015_english.pdf
This is a comprehensive analysis of the IT sector in Ukraine. It is an integrated guide for perspective investors who are exploring opportunities in Ukraine. The report includes key figures characterizing the market, as well as information about the ongoing projects. This report also contains the list of forthcoming reforms and policy development needed to boost Ukrainian IT. The report was prepared by the Office of the National Investment Council of Ukraine and presented at the Council meeting in Kyiv, on May 25, 2018
There were 87 investment deals with Ukrainian innovative companies in 2016 , which is 32% more than in 2015 - such a data was presented by the Ukrainian Venture Capital and Private Equity Association (UVCA) in its annual market overview. The overview has gathered information on venture, private equity and angel investment deals - their total volume is accounted in 88 mln. USD in 2016. The amount of investments over the past 5 years growth to 400 mln. At the same time, the volume of investment deals decreased on 33% since 2015 (including 13 undisclosed deals), but still is higher than in 2014 at 125%. The reason is few deals in 2015 amounted in dozens of millions.
Distinguishing feature of the market in 2016 is the prevalence of seed-stage deals. Thereby among all deals 73 were made at the seed-stage with the average amount of ticket over 500K USD. So we can expect that these initially invested companies will attract bigger investments in future.
The average ticket amount (on all stages) has grown up to 1M USD in 2016.
Tech Ecosystem of Ukraine 2019. Insights, facts, companies you wanted to knowKirill Mazur
Ukraine's tech ecosystem is booming.
Last 5 years have become history-changing for Ukraine. With its 185 000 tech specialists, a few thousand startups, first unicorns, first innovation district and 20% average annual tech workforce growth, Ukraine is facing a prominent creative revolution in many areas.
In 2019, UNIT.City team together with partners has launched the guide about key things you should know about innovations in Ukraine.
Ultimate Guide to Ukrainian IT Ecosystem. We tried to collect all open data on the number of IT specialists, graduates, salaries and investments in Ukrainian startups.
All you wanted to know about Ukrainian Tech.
UKRAINE: Europe’s biggest Tech country
Ukraine is a blooming tech talent pool. We power global tech engines. It’s BRAINing here.
Entrepreneurship hub: Start easy, develop fast, grow global with Ukraine. The land of tech freedom.
World’s R&D lab. Everything is TECHable with Ukraine.
Check the presentation to find out more.
The Ukrainian Venture Capital and Private Equity Association (UVCA) and the audit and consulting company Kreston Ukraine present the “Ukraine venture capital and private equity markets 2020” annual review, which also includes data for 8 months of 2021.
According to the results of 2020, Ukrainian technology companies and their investors closed 188 deals with investors worth USD 533.5 million. About 50% of the deals are small grants (25 and 50 thousand USD) from the Ukrainian Startup Fund. For 2020—2021, it has invested USD 5.3 million in Ukrainian projects.
Just three years ago, Ukraine did not have a single unicorn among its startups. Nowadays, as many as five of them — Gitlab, Grammarly, Bitfury, People.ai, and Ring — raised USD 1.3 bln funding and dominate the global market.
In this review, we analysed the key market trends, such as “investment focus on software projects”, “increase of foreign investors in the Ukrainian market”, “growing quality of Ukrainian startups and their interest in smart money” for the first time. The key drivers and barriers to market development were identified — the respondents noted that despite the imperfect regulatory framework, the country still has enough private capital to promote the sector.
Generally, all market players are unanimous in their outlooks and are quite optimistic about further market development. According to 81% venture and 67% private equity investors surveyed, all quantitative indicators are likely to grow, and high-tech industries traditionally represent the most promising ones.
Ukrainian investors primarily point to the experience and qualification of the team (according to 94% venture and 17% private equity investors surveyed) and the market potential of the business idea (according to 82% venture and 83% private equity investors surveyed), among the key factors for investment decisions. On the other hand, when choosing an investor, startups consider their industry expertise, investment terms, and ‘smart money’ they can get.
The study results show that Ukrainian companies offer attractive, relevant, and globally competitive solutions and demonstrate sustainability and adaptability in COVID-19. Ukraine is gradually transforming from a talent and idea exporter into a big international venture capital market player.
Ukraine will once again showcase its IoT and innovation achievements to the world.
For the second time in a row Ukrainian Venture Capital and Private Equity Association (UVCA) together with Western NIS Enterprise Fund (WNISEF) are organizing the UA TECH Expo Zone at Consumer Electronics Show (CES) - one of the largest consumer electronics conferences, which will be held on January 9-12 in Las Vegas.
Важные причины инвестировать в Украину именно сегодня от Horizon CapitalKira Ivanova
Важные причины инвестировать в Украину именно сегодня от Horizon Capital
Инвестиционный фонд Horizon Capital сделал презентацию, которая показывает возможности Украины и призывает инвестировать в Украину прямо сейчас.
В Horizon Capital объясняют, какие перспективы есть у Украины, откуда они берутся, что нужно сделать в стране и какое будущее ее ожидает. В презентации кратко описаны также возможности и риски для инвестора, который отважится вложить деньги в Украину. В Horizon это называют "ground-floor investment opportunity".
Кризис – это не только проблемы, но и новые возможности!
Спасибо Horizon Capital за материалы.
Важливі причини інвестувати в Україну саме сьогодні від Horizon Capital
Інвестиційний фонд Horizon Capital зробив презентацію, яка показує можливості України та закликає інвестувати в Україну прямо зараз.
У Horizon Capital пояснюють, які перспективи має Україна, звідки вони беруться, що потрібно зробити в країні та яке майбутнє її чекає. У презентації коротко описані також можливості та ризики для інвестора, який наважиться вкласти гроші в Україну. В Horizon це називають "ground-floor investment opportunity".
Криза - це не тільки проблеми, але й нові можливості!
Дякуємо за матеріали Horizon Capital.
Ukraine 2015: A ground-floor opportunity at the EU’s frontier – Horizon Capital
Horizon Capital has developed and shared a comprehensive, data-rich report entitled “Ukraine 2015: A ground-floor opportunity at the EU’s frontier”.
The youngest, most pro-business government in the history of modern Ukraine is driving a bold structural reform agenda that is both the right thing to do for the country as well as the clear demand of an active, engaged civil society. From a business perspective, the lasting competitive advantages in export-focused sectors, such as IT, Agriculture, Food and others, open up exciting investment opportunities, made even more compelling by very attractive valuations.
Thais is a brief version of the Horizon Capital presentation.
http://horizoncapital.com.ua/sites/default/files/horizon_capital_press_release_july_24_2015_english.pdf
This is a comprehensive analysis of the IT sector in Ukraine. It is an integrated guide for perspective investors who are exploring opportunities in Ukraine. The report includes key figures characterizing the market, as well as information about the ongoing projects. This report also contains the list of forthcoming reforms and policy development needed to boost Ukrainian IT. The report was prepared by the Office of the National Investment Council of Ukraine and presented at the Council meeting in Kyiv, on May 25, 2018
There were 87 investment deals with Ukrainian innovative companies in 2016 , which is 32% more than in 2015 - such a data was presented by the Ukrainian Venture Capital and Private Equity Association (UVCA) in its annual market overview. The overview has gathered information on venture, private equity and angel investment deals - their total volume is accounted in 88 mln. USD in 2016. The amount of investments over the past 5 years growth to 400 mln. At the same time, the volume of investment deals decreased on 33% since 2015 (including 13 undisclosed deals), but still is higher than in 2014 at 125%. The reason is few deals in 2015 amounted in dozens of millions.
Distinguishing feature of the market in 2016 is the prevalence of seed-stage deals. Thereby among all deals 73 were made at the seed-stage with the average amount of ticket over 500K USD. So we can expect that these initially invested companies will attract bigger investments in future.
The average ticket amount (on all stages) has grown up to 1M USD in 2016.
Tech Ecosystem of Ukraine 2019. Insights, facts, companies you wanted to knowKirill Mazur
Ukraine's tech ecosystem is booming.
Last 5 years have become history-changing for Ukraine. With its 185 000 tech specialists, a few thousand startups, first unicorns, first innovation district and 20% average annual tech workforce growth, Ukraine is facing a prominent creative revolution in many areas.
In 2019, UNIT.City team together with partners has launched the guide about key things you should know about innovations in Ukraine.
Ultimate Guide to Ukrainian IT Ecosystem. We tried to collect all open data on the number of IT specialists, graduates, salaries and investments in Ukrainian startups.
All you wanted to know about Ukrainian Tech.
UKRAINE: Europe’s biggest Tech country
Ukraine is a blooming tech talent pool. We power global tech engines. It’s BRAINing here.
Entrepreneurship hub: Start easy, develop fast, grow global with Ukraine. The land of tech freedom.
World’s R&D lab. Everything is TECHable with Ukraine.
Check the presentation to find out more.
The Ukrainian Venture Capital and Private Equity Association (UVCA) and the audit and consulting company Kreston Ukraine present the “Ukraine venture capital and private equity markets 2020” annual review, which also includes data for 8 months of 2021.
According to the results of 2020, Ukrainian technology companies and their investors closed 188 deals with investors worth USD 533.5 million. About 50% of the deals are small grants (25 and 50 thousand USD) from the Ukrainian Startup Fund. For 2020—2021, it has invested USD 5.3 million in Ukrainian projects.
Just three years ago, Ukraine did not have a single unicorn among its startups. Nowadays, as many as five of them — Gitlab, Grammarly, Bitfury, People.ai, and Ring — raised USD 1.3 bln funding and dominate the global market.
In this review, we analysed the key market trends, such as “investment focus on software projects”, “increase of foreign investors in the Ukrainian market”, “growing quality of Ukrainian startups and their interest in smart money” for the first time. The key drivers and barriers to market development were identified — the respondents noted that despite the imperfect regulatory framework, the country still has enough private capital to promote the sector.
Generally, all market players are unanimous in their outlooks and are quite optimistic about further market development. According to 81% venture and 67% private equity investors surveyed, all quantitative indicators are likely to grow, and high-tech industries traditionally represent the most promising ones.
Ukrainian investors primarily point to the experience and qualification of the team (according to 94% venture and 17% private equity investors surveyed) and the market potential of the business idea (according to 82% venture and 83% private equity investors surveyed), among the key factors for investment decisions. On the other hand, when choosing an investor, startups consider their industry expertise, investment terms, and ‘smart money’ they can get.
The study results show that Ukrainian companies offer attractive, relevant, and globally competitive solutions and demonstrate sustainability and adaptability in COVID-19. Ukraine is gradually transforming from a talent and idea exporter into a big international venture capital market player.
Ukraine will once again showcase its IoT and innovation achievements to the world.
For the second time in a row Ukrainian Venture Capital and Private Equity Association (UVCA) together with Western NIS Enterprise Fund (WNISEF) are organizing the UA TECH Expo Zone at Consumer Electronics Show (CES) - one of the largest consumer electronics conferences, which will be held on January 9-12 in Las Vegas.
Due diligence (аудит) стартапов. Мастер-класс Евгения СысоеваYevgen Sysoyev
На мастер-классе Евгений будет подробно освещать следующие вопросы:
- Due diligence: что стоит за этими пугающими словами?
- Взгляд инвестора: зачем, что и как проверять?
- Готовность проекта к проекту: что и как готовить?
- Due diligence наоборот, или стартап проверяет инвестора.
- Пользователи интернета в Украине и мире
- Портрет интернет аудитории Украины
- Использование социальных сетей
- Использование мобильного интернета
- Digital-рынок Украины
Lviv IT Research (Stepan Veselovskyi Business Stream)IT Arena
Lviv IT Arena is a conference specially designed for programmers, designers, developers, top managers, inverstors, entrepreneur and startuppers. Annually it takes place on 2-4 of October in Lviv at the Arena Lviv stadium. In 2015 conference gathered more than 1400 participants and over 100 speakers from companies like Facebook. FitBit, Mail.ru, HP, Epson and IBM. More details about conference at itarene.lviv.ua.
Governare l'IT per sviluppare il business: il new normal dell'IT come vantaggio competitivo. Abstract della presentazione di IDC Italia tenuta nel corso del roadshow Exploring the New IT che ha toccato quattro città italiane tra giugno e ottobre 2014
Украинский ИТ рынок в 2013 - Краткие итоги в новогодней инфографике от IDC Uk...IDC
Dear partners, customers and friends!
The New Year is only few days away, and taking an opportunity, we would like to offer you our warmest Christmas wishes and greetings for the on-coming New Year. Let us, on behalf of all our team wish you an ocean of happiness and prosperity in your business! May your life be exciting and full of wonderful events!
May the New 2014 bring us more wonderful opportunities to work together!
Круглый стол CNews ИТ-аутсорсинг: от разработки до поддержки 12 марта 2013
http://events.cnews.ru/events/it_autsorsing__ot_razrabotki_do_podderjki.shtml
Information Technology & Outsourcing. Migration to Central & Eastern EuropeIT Weekend
by Alan Harlan
Chief Executive Officer, SoftServe
IT Weekend Ukraine 2013 is an international conference, initiated to help Ukrainian IT industry professionals to grow and develop.
14.09.13, Kyiv
http://ukraine.itweekend.ua/
An astounding number of tech innovations around the globe are fueled by talent from Ukraine. You might not realize it, but you have benefited from them if you’ve used Ford’s in-car infotainment system, Reuters' award-winning photography app, Nokia’s customer retail experience, or Deutsche Bank’s Risk Management System.
People are starting to take notice. Last month George Soros announced that he made a significant investment in a tech firm in Ukraine. He has a solid record of making big bets ahead of the curve. Razom/IT invites you to explore that part of Ukraine.
Outsourcing to Ukraine. Country Overview. Webinar 13.01.10.Victor_Maznyuk
Ukrainian Hi-Tech Initiative made the general overview of the Ukrainian IT outsourcing services industry, including the history of IT industry development in Ukraine and some trends of the development of IT outsourcing market for 2010.
We invest in Ukraine!
Ukrainian IT SECTOR AS OF late 2014
VENTURE ECOSYSTEM AS OF late 2014
VENTURE MARKET: key highlights
$2B+ WORTH STARTUPS
Success stories FROM UKRAINE
10 NEW investors started investing in Ukrainian startups in 2014
Ukraine: more than just another outsourcing destination” by Alex Golod, InteticsIntetics
The presentation highlights the latest social and economic trends in the country, discusses why Ukraine is becoming a hot outsourcing destination based on its industry growth, its access to a skilled well educated talent pool, and the government support. Special emphasis is placed on the favorable environment for direct investments in next few years, as well as expected growth of M&A activity in the country. In conclusion, the argument is made that Ukraine will gain prominence as ITO and especially BPO hot destination within next 3 to 5 years.
Startup Cities: Sofia, Bulgaria - Me Convention 2018Chinwag
Denitsa Simeonova, CEO, Association of the Bulgarian Leaders and Entrepreneurs (ABLE) presented Sofia as part of the Startup Cities programme at the Me Convention 2018 in Stockholm featuring 20 cities, hosted by Sam Michel.
More at: https://toodlepip.co.uk/2018/20-startup-cities/
Asia represents substantial opportunities (business development, sourcing, investments...). However, Asian countries are deeply different from each other, probably as much as European countries are.
Our team prepared a series of Asian Country Briefings to help our visitors, friends, and partners better understand those different countries from a business prospective. In this short report, you will find an overview of the Asian countries we will cover. We hope you will find it useful and then be in a strong(er) position to benefit from the substantial opportunities the Asian markets offer, be it for investments, disribution, outsourcing (IT services, Engineering services), or European sourcing purposes.
Should you have questions or comments, feel free to post them in the comment box below or drop us a note to relations@eurosia.eu.
Relations between Government and IT (Dimitri Podoliev Business Stream)IT Arena
Lviv IT Arena is a conference specially designed for programmers, designers, developers, top managers, inverstors, entrepreneur and startuppers. Annually it takes place on 2-4 of October in Lviv at the Arena Lviv stadium. In 2015 conference gathered more than 1400 participants and over 100 speakers from companies like Facebook. FitBit, Mail.ru, HP, Epson and IBM. More details about conference at itarene.lviv.ua.
Technology Investment Opportunity in Turkey - 2019 Q3 Updated212
Turkey, a bridge between two great continents, with its young and connected population of 82 million, offers the right environment for startups to launch, test and go global. Here find our own Strategy Report for Turkey collaboration with Velox Partner and Startups.watch.
The DealBook is our annual overview of the Ukrainian tech investment industry. This edition comprehensively covers the full year 2023 and the first deals of 2022.
The DealBook is our annual overview of the Ukrainian tech investment industry. This edition comprehensively covers the full year 2021 and the first deals of 2022
ER(Entity Relationship) Diagram for online shopping - TAEHimani415946
https://bit.ly/3KACoyV
The ER diagram for the project is the foundation for the building of the database of the project. The properties, datatypes, and attributes are defined by the ER diagram.
Multi-cluster Kubernetes Networking- Patterns, Projects and GuidelinesSanjeev Rampal
Talk presented at Kubernetes Community Day, New York, May 2024.
Technical summary of Multi-Cluster Kubernetes Networking architectures with focus on 4 key topics.
1) Key patterns for Multi-cluster architectures
2) Architectural comparison of several OSS/ CNCF projects to address these patterns
3) Evolution trends for the APIs of these projects
4) Some design recommendations & guidelines for adopting/ deploying these solutions.
1.Wireless Communication System_Wireless communication is a broad term that i...JeyaPerumal1
Wireless communication involves the transmission of information over a distance without the help of wires, cables or any other forms of electrical conductors.
Wireless communication is a broad term that incorporates all procedures and forms of connecting and communicating between two or more devices using a wireless signal through wireless communication technologies and devices.
Features of Wireless Communication
The evolution of wireless technology has brought many advancements with its effective features.
The transmitted distance can be anywhere between a few meters (for example, a television's remote control) and thousands of kilometers (for example, radio communication).
Wireless communication can be used for cellular telephony, wireless access to the internet, wireless home networking, and so on.
This 7-second Brain Wave Ritual Attracts Money To You.!nirahealhty
Discover the power of a simple 7-second brain wave ritual that can attract wealth and abundance into your life. By tapping into specific brain frequencies, this technique helps you manifest financial success effortlessly. Ready to transform your financial future? Try this powerful ritual and start attracting money today!
2. Ukrainian software tech is a big thing…
1
#1 workforce of top notch software engineers within CEE
Increasing number of Fortune 500 companies directly or
indirectly have software development shop in Ukraine
IT services exports account for ca. 40% of all exports from
Ukraine to the US = #1 export item to the US
Ukrainian IT accounts for ca. 3% of total GDP and employs
100,000 professionals, including 50,000 software engineers
IT is the fastest growing sector in Ukraine and on track to
transform the structure of the Ukrainian economy
A key element emerged in Ukraine over the last decade, despite all the odds with
governments, revolutions, neighboring countries, ups and downs in the economy
3. Despite all the odds, Ukraine software tech miracle is growing fast in 2014-15
2
Yes, it could. Think again. Ukraine software tech industry is booming these
days and our country is increasing its role in the global knowledge economy
November 2014 December 2014
4. Ukraine IT sector delivers value to fortune 500 companies and beyond…
3
IT COMPANY
BASED IN UKRAINE SELECTED CLIENTS
Ever growing number of Fortune 500 companies, and beyond, directly or indirectly has a software shop in Ukraine
Software R&D in Ukraine as of highest world class quality and certainly very competitive compared to
rest of world
5. …to US & EU largest corporations, tech companies and startups
4
IT COMPANY
BASED IN UKRAINE SELECTED CLIENTS
Those international players who come for R&D in Ukraine, remain long term partners and happy customers
6. While many international companies even set up R&D centers in Ukraine
5
America Europe Asia
100+ global companies has already established R&D centers in Ukraine
Ukraine can still offer large pool of engineers for new R&D centers
7. Ever growing number of Ukrainian startups become successful internationally
6
VERTICAL SELECTED COMPANIES
Web
Mobile
Enterprise
Decade ago, to succeed in US market, one had to leave Ukraine. So many Ukrainians left to
US, Canada, Israel where they built large tech businesses
These days more and more talent stays locally while still succeeds in building global tech
business, particularly targeting US market
Appearance of first few Ukrainian “Unicorns” is on a horizon, I start the countdown…
8. With many of these startups generating 99% revenue globally
and having HQ in USA
7
DESCRIPTION
REVENUE
STRUCTURE
R&D OFFICE
HQ AND
SALES OFFICES
IoT company that develops
interactive pet monitor
systems and mobile pet lovers
community
Online marketplace for digital
images, the leading player in
emerging markets
A leading provider of
software-defined storage for
Hyper-V Microsoft
environments
99% - global markets
1% - Ukrainian market
99% - global markets
1% - Ukrainian market
99,9% - global markets
0,1% - Ukrainian market
25 1 250 56
4 20 6
I’m personally proud to be part of these success stories out of Ukraine
Online, enterprise, consumer, mobile, IoT, payment, SaaS – all kinds of
international software tech companies emerge from Ukraine
9. Fast developing sector across all dimensions
8
Increasing number of
R&D centers in
Ukraine
Increased delivering
of world class
software globally
2,000+ startups =
Increased
internationally
success
Continued VC
investment activity
and international
M&A activity
2X increase for
MCap of EPAM and
Luxoft (R&D in
Ukraine)
Tech sector is accelerating the transformation of Ukraine
10. Strong interest from strategic investors & venture capital funds to
companies with R&D in Ukraine
9
Acquired in 2012
Acquired
Acquired
Invested $100m
Raised follow
on capital
11. X2 stock growth of international companies with software shops in Ukraine
10
EPAM
+168,50%
LXFT
+182,50%
S&P500
+32,03%
Change of stock price since July 5, 2013:
+169% +183% +32%
12. IT sector transforming Ukrainian economy
11
IT services export ranking IT services export ranking
2014F 2025E 2014F 2025E
#1 #1 #7 #1-2
Share of IT in Ukrainian exports to the US stood at
40% in 2014
IT services is #1 export item to the US and will
remain so in 2025
Share of IT in total Ukrainian exports was ca 4% in
2014, while it was close to zero a decade ago
By 2025 IT services might become #1-2 export item
in the total export structure of Ukraine
13. …and already is part of global tech value chain
12
#1 in CEE by # of
developers and
$ volume
#1 size of working
population in CEE
TOP 7 country with
the most engineering
graduates
TOP 3 by earnings
of freelancers
at eLance-Odesk
platform
Thanks to the strong technical education, Ukraine has superior human capital. Its workforce of 100,000
IT professionals is world class and fast growing
Ukrainian IT sector is playing an increasingly important role on in a global knowledge economy
14. Achieving so much more…together!
13
Develop social, culture and economic ties among our countries
Increase cooperation within global tech development value chain
Jointly pursue next generations R&D for emerging technologies
Unleash our common tech companies to compete globally
Leverage our advantages to transform growth and wealth
15. Who are those 50,000 software engineers?
14
What do they do in IT?
60%
Which city are they based in?
30%
4%
3%
Outsourcing Freelance
Product Startup
Roles
Manager Developer Q&A
14%
55%
11%
11%
44%
15%
8%
8%
Lviv
Kyiv
Kharkiv
Dnipropetrovsk
Odessa
Which gender are they?
14% 86%
They have high education and speak 3-4 foreign languages, interact with the outside world
every day and help to build “new Ukraine” and its knowledge economy
With average age of less than 30 years and x5-10 higher salaries than its peers, they
form Western minded middle class who is putting pressure for reforms
16. Intro: being a global Ukrainian
UA50.org is a
network of global
Ukrainian doing tech
business. There are
many people like
myself
15
Born in Soviet
Union
Family moved
to Egypt
Returned to Ukraine
after Soviet Union
collapse
Spent summers
in Russia
Wrote first
software:
game Tetris
Quit banking career
& move to Singapore
Career as
a banker
Felt in love
with finance
Moved to Germany
to study math & write
software
Felt in love
with math
MBA at INSEAD
business school
Ukraine startups
going global
First early stage
VC fund in Ukraine
VC in Ukraine
AGE