Information technology in Ukraine

Information technologies – integral part of our modern life. Thanks to the development of IT, globalization has been actively associated with changes in the social and economic spheres. Information technologies now actively influence on the institutions of society, and in particular on the government too.
Internet technology in Ukraine

In Ukraine, the increase of competitiveness manifested in the application of such mechanism as a “tax incentives and preferences.” It is necessary to bridge the gap with prosperous countries. Along with the preferences all company also need reducing the administrative pressure and reducing the cost of financial resources.

The main consumers of IT services in developed and developing countries are state-owned companies, financial institutions, telecommunications operators.

The Ukrainian strong suits are the factors of human capital (high adult literacy rate and the percentage of higher education), low cost of mobile communications and the Internet.

That is why this area is so attractive for foreign investors. In the first half of 2014, despite the situation in the country, such Ukrainian startups in the IT sector, as Starwind Software, Gillbus, Zakaz.ua, Keen Systems, Advice Wallet (Settle), were able to attract to Ukraine more than $ 11 million.

In total 2013 income from export of IT services amounted about $ 2 billion.

In 2014, activists and IT entrepreneurs created the Association of Internet entrepreneurs, who have already done some serious work – creation and lobbying legislative initiatives contributing to the development for IT in Ukraine.

In Ukraine, there are following measures for the further development of IT:

– Development of a set of measures, which allowed reaching a new level of performance from the industry (companies today are focused on work with foreign customers).

– Development of targeted protectionist state policy working with Ukrainian developers.

– Support for start-ups.

– Creating an environment for physical comfort for participants of the IT market.

Today, the main focus of our company – technology startups. And we are ready to invest our time in their development and attract funds for them.

Sadko consulting will be your advisor in Ukraine.

Please don’t hesitate to contact Sadko Consulting should you are interested in our services of market researches and reports in Ukraine.