The majority of companies choose to hire a team of IT specialists to work in-house on all projects. This however is only feasible if your budget permits. As a startup business, it may be wiser to outsource your software development team. This usually means hiring a few people to work on a project within a specific time. Sometimes, you have to outsource engineers from a foreign country. Outsourcing is a good option because it provides companies with a large pool of talent. It allows you to create a flexible team. Additionally, you have access to different specialists.
Over the past few years, Ukraine has quickly become a prominent country when it comes to outsourcing software engineers. You can quickly find a and start working on your project. Let’s look at some of the reasons why you should consider Ukraine when searching for an IT specialist to work at your company.
1. Fast growing IT market
With more individuals specializing in software development, the IT market in Ukraine has grown significantly over the past 10 years. Another factor contributing to this is the number of companies outsourcing software specialists.
This means that the talent you’re seeking already has the exposure to software development for large companies. Ukraine has countless individuals working in some of the major cities for offshore software companies. This number is expected to increase in the next decade.
2. Competitive costs
Among all the reasons to pick Ukraine, this is arguably one of the most popular. Many companies choose Ukraine because it is cost-effective for two main reasons. The amount it costs to outsource talent in Ukraine is far cheaper compared to neighboring countries.
So companies know they will pay specialists less than they would for the same in countries like the USA or Germany. Also, the low tax rates mean you spend less. Your overall expenses can even be half of what you would normally spend.
Definitely, you can have two reasons why you are searching to outsource dedicated software engineers in Ukraine. The first one is that you want to reduce the cost so you understand that you’re probably spending a certain amount of money on your development department. That’s also great as it means you have next year’s plan. So an outsourcing team in Ukraine can be a good choice and it can definitely reduce the cost of the budget for the development department. The second one, if you can’t find a person on your market with really specific skills like data scientists with some specific background in your small city, you cannot find – outsourcing a dedicated team in Ukraine or hiring a person can be also a good choice for that.
3. Favorable business environment
Ukraine is a favorable place for many foreigners to invest in. Government laws are favorable to foreign companies that are looking to outsource talent. The large number of individuals working for foreign companies in Ukraine has boosted the economy. Also, software engineers from huge and reliable companies such as Newxel contribute a large part of the GDP in Ukraine.
Another reason why foreigners choose Ukraine is due to the lower taxes as compared to other European countries. With this in mind, both large and medium-sized companies opt for Ukraine to reduce overall costs.
4. Unlimited talent
Ukraine has an unlimited number of specialists that can work on projects. That means that you can find someone for any task on a project. Most of these are highly skilled individuals that have accumulated experience over the years. You can meet specialists that can work as:
- team lead
- senior software engineer
- junior software engineer
Ukraine is also a great option if you are looking for additional people to add to an already existing team. If you wonder if you should outsource your development team or keep it in-house, you can check the top list of Ukrainian companies and see how many reliable partners you can find there. One of the examples is Newxel which offers a flexible and transparent cooperation model that allows you to get the required expertise.
You can also do your own research and see the feedback from other companies who worked with IT experts in the industry. Outsourcing is a more cost-effective solution and it reduces the risk compared to hiring an in-house team of developers.
5. Long-term partnership
Most of the software companies in Ukraine are looking for long-term relationships with software engineers. So if that is what you need, then this country is a good place to search. A team of experts can work for your company on as many projects as you need. This long partnership builds lasting relationships and even improves results on all projects.
6. Access to cutting-edge technology
The only way to produce great products is through access to the latest technology. In the software industry, there is always something new being released to make the life of engineers easier. However, most times it may be too expensive to keep up. So if you want access to the latest tech, hire a foreign team.
Software experts in Ukraine have access to the latest tech on the market. Your team will have all the top-notch equipment to deliver your product on time and in great quality. This will provide you with an added advantage over your competitors.
7. Guaranteed quality work
One of the most important factors that determine if a project will be successful is teamwork. Each member of a team has to do their respective tasks on time. All the software engineers outsourced from Ukraine understand this concept.
The outsourcing companies emphasize teamwork. Teams are always client-oriented to deliver quality projects. Outsourcing vendors make sure they link clients and specialists according to the specific needs of a company.
Final thoughts
Ukraine is a good option for anyone looking to outsource foreign talent. There are a lot of software engineers who have amassed skills over the years. Teams are dedicated to delivering the best products on time. The country firms offer less expensive rates compared to other European countries.
Any business that is looking to cut expenses on talent can look toward Ukraine. Also, teams have top-notch technology, which would otherwise be too expensive. Experts are client-oriented and dedicated to making sure you receive only quality on all projects. With cheaper labor, a good environment for software companies, and highly skilled professionals, there is no reason to not outsource IT specialists in Ukraine.