Many well-known companies have chosen Ukraine as the place to open R&D centers. Some of the many 2,000+ companies with a Ukrainian presence include Grammarly, Readdle, Preply, Attendify, TemplateMonster, SoftServe, EPAM, Intectics, Softjourn and more. It’s not uncommon for many companies to choose Ukraine over other R&D hotspots such as Vietnam, the Philippines, and India.
Why is that though?
According to a report from the Outsourcing Journal, Ukraine is Eastern Europe’s primary outsourcing market. The country ranks fifth on the top 25 largest IT service exporters with pioneering Ukrainian projects recognized throughout the world – LaMetric Time, DiGi24, Swimmerix, etc.
There are about 400 colleges and universities in Ukraine – with around 36,000 graduates in the technological field graduating every year. This is even higher than many high-tech countries – Belgium, Japan, Netherlands, Norway, and Sweden.
Innovative Ukrainian projects are known all over the world — you’ve certainly heard oft Eleks, Synchronous, Swimmerix, LaMetric Time, Senstone or DiGi24.
These figures are much lower than in Western Europe and, especially than those in North America, where the skills of a comparable quality cost about $ 100 an hour or more. And given that most IT professionals work as individual entrepreneurs, the tax rate is also very attractive
The Ukrainian outsourcing work ethic closely resembles the U.S., and the fact Ukrainian developers are amazing leaders, innovators, and inventors, it’s no wonder that working with a specialist in Ukraine is such a worthwhile prospect. Due to their reputation, many Ukraine developers have gained, many are recognized beyond the borders.

Due to the high-performance level in IT and the financial benefits of the software development industry, outsourcing in Ukraine is one of the best choices companies of any industry can make when they need technical assistance. In fact, 80 percent of the clients Ukrainian specialists work for are from the U.S. market.