IT Industry in Ukraine

by Anna Gayduk
Monday, November 8, 2021
3 MIN

A well-developed sector of the market, which is worth investing in

The IT industry has developed rapidly since all spheres of social life are deeply influenced by technologies. One of the main tasks for IT companies is to satisfy customers' needs and that is why this sphere does not lag behind other industries.

This sphere has become dynamically developing during the last years. A lot of international companies have already opened their offices and branches not only in Kyiv but also in other regions of Ukraine. Why is it so? What are the reasons for such development?

Ukrainian educational and cultural institutions try to develop the IT industry too. They organize special courses to study programming and other IT-related topics. For example, Kharkiv International University has opened a new faculty – the Faculty of Internet Technologies – where students learn to work with technologies for communication, make websites and mobile applications, etc.

This area has the greatest increase. That is why there are many companies that offer courses on studying English and programming for both children and adults.

The IT industry has become well known for its possibilities in creating a mobile lifestyle. This is one of the main reasons why many people want to work in this sphere. The staff can work from any place and at any time they like since all necessary information and technologies are already installed on their laptops and smartphones.

However, many aspects should be considered before opening an IT company in Ukraine. At first, you need to find the right idea that will be attractive for customers; then you should hire office staff that will implement your project; next is advertising. Most people search for information about programs and ideas on the Internet, so it is important to bring your site up on rankings in Google AdWords, paying attention to the content and proper keywords so that your site appears at the top of Google.

In order to set up an IT company, you have to choose a suitable space for business – a room or premises where office equipment might be installed. Then, you can hire a photographer to take pictures of your workplace and hang them on the walls as different advertisements such as Intel or Adobe. You should also pay attention to ergonomics – all furniture and office equipment should be comfortable so that employees could do their job adequately.

Opening a branch or an office in the sphere of IT is beneficial both for the investor and for the economy of Ukraine. According to the latest study of Payoneer payment platform, Ukrainian IT businesses in Kyiv, Kharkiv, Dnipro, Lviv, and Odesa earnings from working with international markets are gradually increasing, which is the perfect illustration of the development of this sector, making it a great area to invest in.

You will be interested