Mar 23
Ukraine’s IT Outsourcing Companies Continue to Work in the Midst of a War
In recent years, the Ukrainian IT industry has gained global recognition in the tech domain due to the high quantitative and qualitative concentration of IT specialists. Among the top international companies that have realized the value of outsourcing to Ukraine are Microsoft, Amazon, Adobe, Bosch, and SAS.
This sector is also considered one of the driving forces of the Ukrainian economy, accounting for 4% of growth domestic product (GPD) in 2021. According to Volodymyr Zelensky’s forecasts, the revenue of the IT field may grow from $6 billion to $16,5 billion in three to five years, and its share will increase to around 10% of GPD.
Despite the fact this estimate was made in pre-war times, the digital sphere in Ukraine maintains the pace of progress even under uncertainty to fulfill obligations to foreign clients and keep the economy afloat. Moreover, according to IT Ukraine Association, Ukrainian tech companies donated up to €25 million to strengthen the defense capabilities of the Armed Forces of Ukraine and the humanitarian efforts.
The IT community is always in the vanguard to get involved in the most important processes for the country. Today our task is to take care of the life of Ukraine, so we defend the state both at the front and at back, fighting online and providing humanitarian aid.
— said Kostiantyn Vasyuk, the Association’s executive director.
In addition, most IT businesses are willing to financially support employees who defend the country and the relocation of other workers, who choose the cyber front.
Euractive GERMANY reports that currently the Ukrainian digital sphere operates at about 80% capacity compared to pre-war levels. Whether this trend will be sustained depends not only on the intensity and duration of the Russian attack but also on the willingness of foreign clients to maintain and renew their contracts with Ukrainian IT companies.
Jane Vyshnova, the CEO of Dinarys, an e-commerce development company with a headquarter in Dnipro, Ukraine, appeals to e-commerce organizations worldwide to continue doing business together with Ukrainian outsourcing companies, as it’s a perfect opportunity to join initiatives to confront the occupant state and contribute to the peaceful future of Ukraine.
Referring to the stabilization letter, an official document, issued by the Ministry of Digital Transformation of Ukraine, Jane Vyshnova said, “As the representatives of the IT community, we want to assure you, dear foreign clients, that all necessary measures for strengthening the work of the IT-sphere during the war are being taken immediately at all levels. The Ministry of Digital Transformation is taking all necessary steps to improve the cooperation with international partners and the global technology business. Our company, in turn, is absolutely committed to delivering timely results even under these conditions.”
Since the Russian invasion of Ukraine began almost a month ago, Ukrainians have demonstrated their strong will and the ability to unite. Being one of the key export industries in Ukraine, the IT field continues to work in good faith in the midst of a war, confirming its professionalism and reliability.
