Half of Ukraine’s largest IT companies have reduced revenues due to the war and the need to relocate. In 2023, 15 of the 30 largest IT companies in Ukraine recorded a decrease in revenue compared to 2022. This is due to the redistribution of business between legal entities of the same group, relocatio... #EPAM #GlobalLogic #Luxoft #Monobank #Playtika #UkrainianITcompany
How are some of the largest IT companies in Ukraine developing in wartime conditions? Ukrainian IT company SoftServe increased its custom software development revenue by 30% in 2023 compared to December last year. 32% of this income comes from large clients, 27% from medium, and 41% fr... #GlobalLogic #SoftServe #UkrainianITcompany
The war has stopped the rapid growth of Ukrainian IT service exports. According to YouControl analysts, IT activity peaked on the eve of the Russian invasion in the fourth quarter of 2021, when $2.1B was brought into the country. Since then, the average IT export volume... #EPAMukraine #GlobalLogic #LuxoftSolutions #UkraineITexport #UkrainianITcompany
One of the largest IT companies in Ukraine will open an office in Spain. One of Ukraine’s largest IT companies, GlobalLogic, will open a new engineering center in Spain. According to GlobalLogic CEO Nitesh Bang, the Spanish center will be GlobalLogic’s first offices ... #GlobalLogic #NiteshBang #UkrainianITcompany
“IT industry can grow by 30-60% per year” , announced Valery Kraskovsky, the CEO and Co-founder of Sigma Software. Over the past 15 years, the Ukrainian IT industry has grown 115 times. Its turnover now exceeds $ 6 billion. About half of the ... #EPAM #GlobalLogic #ITgrowthinUkraine #ITsectorinUkraine #ITukraine #NiX
