Oleg Fonarov, the founder and CEO of Program-Ace, talks about the challenges and transformations that the Ukrainian IT sector encountered during the COVID-19 pandemic.
IT service contracts have become subject to revision in the current economic situation worldwide.
Agility and quality, cost- and time-saving, focus on core business are among the major benefits businesses gain from adopting software development outsourcing strategy.
Although the coronavirus pandemic hit us hard, Ukraine’s tech sector has grown by 20%, and it is forecasted to grow to $8.4 billion U.S. dollars by 2025.
With outsourcing, it is now possible to delegate some tasks that are not critical for business development to a third-party contractor that specializes in a particular area and has more experience and skills to perform.
The article answers the most popular questions regarding the software development industry in Ukraine, analyzes the overall industry situation, and what benefits clients get when deciding to partner with the local IT companies.
The article is an insight into software development outsourcing, hiring remote teams, and the main tips of how to succeed with applying the given business model.
Businesses across the globe outsource their IT primarily due to the following reasons: to cut their expenses, to increase the talent pool, or to take the load off of the shoulders of the specialists that are necessary for performing other tasks.
Ukraine proved to be a reliable outsourcing destination and the recent demand for the services of the local IT specialists strengthens the country’s position among the top outsourcing locations.
Organizations worldwide utilize IT staff augmentation as one of the key models to quickly scale their teams.