IT outsourcing is one of the most profitable sectors of the Ukrainian economy. In 2023, its volume amounted to more than USD 7 billion.
Ukraine has a number of advantages for IT outsourcing, including:
- Qualified personnel. More than 260 thousand IT specialists work in the country.
- Competitive prices. The cost of IT services in Ukraine is much lower than in many other countries.
- High quality. Ukrainian IT companies have an impeccable reputation for quality.
In 2024, the IT outsourcing market in Ukraine will continue to be dominated by large companies, whose clients include more than 100 top-tier international companies, such as Lenovo, Google, IBM, Amazon, Boeing, Swedbank, Visa, and many others.
Today, the top 10 outsourcing companies include:
- EPAM Systems
- Sigma Software
Headquartered in the United States, EPAM is a global IT outsourcing provider in Ukraine, providing high-end IT solutions through branches in Dnipro, Kharkiv, Kyiv, Lviv, and Vinnytsia. The local technical staff includes 5000 specialists working in financial services, healthcare, education and other industries. Since 1993, EPAM Systems, Inc. (NYSE: EPAM) has leveraged its progressive software development expertise to remain the world’s leading digital transformation services provider and a leader in digital product and platform development. In 2021, EPAM was added to the S&P 500 and included in the Forbes Global 2000 list of companies. EPAM is one of the top 15 IT services companies in the Fortune 1000. Four times it has been ranked as the best IT company in the Fortune 100 list of fastest growing companies.
Founded in Lviv in 1993, this company is the largest IT outsourcing provider in the country and one of the largest in Central and Eastern Europe. The company has more than 11,000 employees working in 35 offices in 12 countries.
Infopulse, part of Tietoevry Group, is an international IT company founded in 1991 in Ukraine. The software development company provides IT outsourcing services covering Europe and North America. More than 2,000 specialists of the company provide state-of-the-art industry solutions through offices in 11 countries. Among the clients are BICS, BOSCH, Corteva Agriscience, Credit Agricole, Delta Wilmar, ING Bank, IPCO, Metinvest, Microsoft, MXP, Offshore Norge, OLX, OTP Bank, Santander, UkrSibbank BNP Paribas Group, Vodafone, Zeppelin Group, and others, with whom more than 3500 projects have been implemented.
Ciklum is a leading global digital product development and digital services company that works with Fortune 500 companies and high-growth organizations. Its partners include IBM, Microsoft, and Nvidia.
Headquartered in the UK, Ciklum employs over 4000 developers, designers, product managers, and data scientists worldwide.
Ukraine is one of the largest Luxoft locations with more than 4000 specialists in the team. Luxoft is one of the largest IT companies in Ukraine (the first office was opened in 2005), and creates innovative technological solutions for clients in the fields of finance, automotive, energy, retail, healthcare, tourism, media and entertainment, etc. The total number of employees is over 20,000.
GlobalLogic has 28,000 employees in Argentina, Canada, Croatia, India, Israel, Japan, Mexico, Poland, Romania, Slovakia, Sweden, the United Kingdom, the United States, Ukraine, and the United States. GlobalLogic is headquartered in San Jose, California, USA. The company develops software products in such areas as digital media and telecommunications, automotive technology, healthcare, finance, retail, and e-commerce. The Ukrainian division of GlobalLogic has offices in Kyiv, Kharkiv, Lviv, and Mykolaiv, and cooperates with almost 7000 developers in Ukraine.
Operating since 1991, ELEKS is one of the oldest software development outsourcing companies in Ukraine. The company has offices in Canada, the USA, the UK, Germany, and several other countries and has engaged 1400+ engineers to implement state-of-the-art projects. According to The Global Outsourcing 2022 rating by the IAOP, the company is among the top 100 outsourcing companies in the world.
Although today Sigma Software positions itself as a global company, back in 2002 it entered the IT outsourcing market in Ukraine. The company still has 6 offices in the country of origin, but has added a dozen new centers around the world, from Sweden and the UK to Australia and the USA.
Ukrainian IT company founded in 2002 in Lviv. With many years of experience and 1600 highly qualified engineers, this company is among the best outsourcing businesses. In addition to offices in 5 cities of Ukraine, the company provides its services through centers in Poland and Germany.
Ukrainian software development company founded in 1989, with an office in New York. It has development centers in Ukraine, Poland, India, Cyprus, Slovakia, Spain, and Canada. It is one of the oldest companies in Ukraine.
Among its clients and partners are Philips, IBM, Samsung, and many other international leaders.
Of course, the number of companies operating in this market that can enter the top 10 is much larger. And if you are looking for a job right now, don’t miss your chance and go to the Vacancies section!