4. 4
UKRAINE VS POLAND &
ROMANIA
1) Availability of talent: Ukraine has the largest number of IT professionals in
Central and Eastern Europe - more than 125,000 specialists in 2017 and it is
expected to double by 2020
2) Ukraine has highest density of high-quality IT experts: it holds the 4th place
for the number of certified IT specialists worldwide (after the USA, India and
Russia) when population is considerably smaller (highest % per capita)
3) Poland and Romania have overheated their IT labour markets due to EU
companies (first of all, banks) consuming majority of local specialists and
foreigners. Brexit will only make it worse
4) Costs. Polish and Romanian taxation model requires official employment and
high % tax overhead, whilst Ukrainian developers enjoy a low and simple
taxation regime. Ukraine also has lower costs for office rent, living and
transportation costs, and lower costs of administrative personnel
5) The attrition level in Ukraine it is somewhere between 10% (smaller companies)
and 15% (large companies). The attrition level in the Polish and Romanian IT
sector is 15% or higher
5. PEOPLE AS A KEY VALUE
200,000
100,000
$4,5 billion
5
industry
IT professionals
software engineers
6. PEOPLE AS A KEY VALUE
60%
senior level
6
74%
specialized
education in IT
78%
speak English
7. THE OVERALL NUMBER OF GRADUATES REACHES
600 000,
WHICH IS THE 4TH HIGHEST NUMBER IN EUROPE
7
8. PAY SCALE: UKRAINE VS UK
IT specialist Ukraine
Java $1820-4500
JavaScript $1850-4600
C# / .NET $1750-4240
PHP $1400-4000
C++ $2000-4200
Python $1700-4200
Swift $1900-4500
Ruby $2000-4500
QA $1220-3500
Objective-C $1760-4000
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9. SIMILAR POSITION TO POLAND, ROMANIA AND
BULGARIA
9
FROM FLIGHT LENGTH TO
Ukraine 2.5 h Zurich
2.5 h Oslo
2.5 h Berlin
3 h Paris
3 h London
10. AS A RESULT: HAS INVESTED IN UKRAINE
10
COMPANY EMPLOYEES FROM
Samsung
800+ 2012
Boeing
400+ 2013
Ericsson
200+ 2014
Oracle
200+ 2015
Amazon
500+ 2018
12. FUTURE OF UKRAINE: BY 2024
200,000 400,000 IT professionals
100,000 200,000 software engineers
$4,5 billion $10 billion industry
12
*PwC IT Industry research for European Business Association
13. THREE MAIN OPTIONS TO ENTER
UKRAINE
13
M&A Outsourcing
Your own R&D center
14. 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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15. 15
OUR CLIENTS IN
UKRAINE
Introduction:
Certent DisclosureNet provides cloud-based and in-house enterprise disclosure
management solutions and services that help improve efficiency, accuracy, control,
and reduce risk in your internal and externalreporting.
Background:
The client wanted to engage IT talents in Ukraine through opening it’s
own R&D center in Ukraine.
Solution:
Set up R&D office in Ukraine (from recommendation of the rightoffice
in Kiev and construction – up to Recruitment Process Outsourcing,
Finance & Accounting, Legal & Compliance, Procurement and other
back-office services).
Results:
Certent operates R&D center in Ukraine and intention to grow up to
35+ by the end of 2017.
6
16. TOP 3 LIFEHACKS FOR OPENING R&D CENTRE IN
UKRAINE
Step 1: Research TOP 5 IT Cities in Ukraine (for the right IT specialization for you).
For example, Kharkiv is a game center in Ukraine, yet Kyiv hosts more
than 40% of the industry, etc.
Step 2: Hire the first senior person for your future development team in Ukraine.
He/she may sit at various co-working spaces until you hire 2-3 IT guys.
Step 3: Find the right IT office for a 10+ team… then move Onward & Forward!
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