Lviv — the Center of Ukrainian IT

by Mila Glushchenko
Wednesday, October 20, 2021
2 MIN
Lviv — the Center of Ukrainian IT

Lviv’s IT industry is growing at the tremendous speed in Ukraine, in 6 years the number of IT specialists has grown by almost 80%

The Ukrainian IT industry is now successfully competing on the world market and is a reliable source of foreign exchange earnings, which contributes to supporting the hryvnia exchange rate. The share of IT services in the export structure is also growing. In 2017, computer services took 3rd place among the export of services in Ukraine after the processing of goods and pipeline transport.

Ukraine has become the best exporting country of IT services for countries such as the UK, USA and Canada. Also, stable cooperation lasts with Germany, Israel, Sweden and Switzerland.

According to investing-in-ukraine/service-for-investors/business-consultant/" rel="dofollow">research from GlobalLogic, the IT industry in Lviv is growing faster than any other industry in Ukraine. For 6 years the number of IT specialists has increased by almost 80%. There are now 26,500 technicians living and working in the region, and the number of IT companies in the city has grown by 156% since 2015.

GlobalLogic is a leader in digital product development services. The company helps clients to design and create innovative products, platforms and digital solutions for the modern world, combining strategic design, integrated engineering and expertise in various industries.

The company has offices in Kyiv, Kharkiv, Lviv and Mykolaiv. In 2018, the GlobalLogic company in Ukraine grew by over 90%, to 6900 engineers. It is Lviv that is the leader in the growth rate of the number of specialists over the past 3 years. Among the company's locations in Ukraine - the number of specialists in the Lviv office has doubled.

According to researchers, the development of the IT industry in Ukraine is significantly catching up with the average pace of development of the segment in the world. The industry shows a stable growth of 11-26% annually. The overall growth of the IT industry in Ukraine is about 20% per year, and this is a pretty good indicator. The Ukrainian IT sector is actively growing. This has a positive effect on infrastructure and attracts investments from all over the world.

 

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