A German IT company invests €2M to localize its products in Ukraine. Software and cloud services developer SAP plans to invest €2M in localization of its products in Ukraine in 2024. The Ministry of Digital Transformation noted that SAP recently launched an ERP solutio... #ITcompany #ITinvestment #MykhailoFedorov #SAP
Over the past 15 years, Ukrainian IT companies have attracted almost $3.7B in investments. Since 2009, Ukrainian IT companies have participated in 1,798 transactions, 1,519 of which involved a total of about $3.7B and 248 involving mergers and acquisitions totaling $4.3B. After February 24,... #ITcompany #ITinvestment #UkrainianITcompany
Ukrainian IT company MacPaw has opened an office in Boston. As the company reports, the MacPaw team is working to expand into new markets and gain access to a broader international audience and wants to become closer to its customers and potential partners. Th... #CleanMyMac #ITcompany #MacPaw #UkrainianITcompany
The Ukrainian-founded cloud service, Deskree, has attracted $1.5M in investments. According to Siliconcanals, Toronto-based Deskree helps developers build backend infrastructure without a single line of code. Forum Ventures, Hustle Fund, N49P, Flair Ventures, ZAKA VC, League of Inn... #CloudService #Deskree #DmytroGrechko #ITcompany #StartUpinvestments
Every year the number of IT companies in Ukraine grows by 10%. At the time of the full-scale invasion, there were about 4,500 IT companies in Ukraine. According to Kharkiv IT Research 2021, about 10% of IT companies close every year. But new companies are opening... #ITcompany #ITsectorinUkraine #UkrainianITcompany
A Ukrainian IT giant buys a developer with offices in the US and Italy. IT outsourcing company SoftServe has announced the acquisition of Hoverstate, a company specializing in mobile and web development, reported Forbes. Hoverstate is a service company founded in 2008 wit... #Hoverstate #ITcompany #SoftServe
The Ukrainian IT sector is among the three most powerful in Central and Eastern Europe. Despite the war last year, Ukraine’s IT industry grew by 5.8% and, in terms of the increase of IT developers, became the second after Poland in Central and Eastern Europe. About 70% of Ukrainian... #ITcompany #ITindustryUkraine #ITsectorinUkraine #RostyslavDyuk
An Israeli software developer absorbed the Ukrainian company Mergewave Capital and is looking for other outsourcers. Mergewave Capital signed an agreement with Israel IT, a well-known software developer with offices in Lviv and Ivano-Frankivsk. Mergewave Capital became the M&A representative for the Israeli IT c... #IsraelIT #ITcompany #MergewaveCapital
Ukrainian IT specialists’ income decreased by 15%. Over the past year, 46% of IT company employees had their salaries revised, and another 15% reported reduced benefits. The DOU study notes that companies cut the most payments after the start of the f... #ITcompany #ITspecialistsUkraine #SalaryUkraine
Since the beginning of the year, global IT companies have cut more than 139,000 employees. According to the Layoffs.fyi, the figure has more than tripled since mid-January. The number of layoffs in the tech sector at the end of the current year is predicted to exceed last year’s figur... #ITcompany #ITjobs #LayoffsWokers