LVIV AS THE KEY IT OUTSOURCING DESTINATION IN UKRAINE

IT outsourcing is now more than just a trend, that’s an efficient method to get more profit using fewer investments. With a vast number of businesses shutting down or cutting their budgets, the demand for custom software development is still huge. Not many companies are in position to have an IT department in-house. Therefore, they are seeking for professional and trust-worthy software development service providers to outsource that part of their operations. And one of the most important steps is to find the right destination.

For many years Lviv has been viewed as one of the main tourist attractions of Ukraine famous for its architecture and numerous cultural events. Today the city has turned into one of the renowned business centers due to the rapid growth of the local tech sector making Lviv one of the top IT destinations in the country.

In this article, we are taking a look at why Lviv is one of the best for business investment and is a perfect IT outsourcing destination both in Ukraine and the CEE region.

Lviv as the Emerging City of the Year in the CEE Region

The award is very special as it grants Lviv the title of the leading business outsourcing destinations and opens new vistas for cooperation and economic growth. The Head of the Department on Investments and Project Development of Lviv City Council mentioned that Lviv is showing great potential and is attractive to the investors since the award emphasizes the advantages over other CEE cities.

International Market Players

Lviv IT Industry Overview

The period between 2015 and 2020 was crucial for Lviv IT industry, since the city:

  • entered the top 10 for cost-efficient investment in the Financial Times investment ranking Smart Locations of the Future;
  • headquarters several IT companies that joined the rating of 100 best outsourcing services providers by AIOP;
  • IT sector has grown by 85% compared to 2015;
  • has had up to 5000 applications annually from young people wanting to join the IT educational programs in the local universities.

There are plenty of powerful reasons for outsourcing your IT operations to Lviv. And no, that’s not only because of the reputable tech universities located there.

Why Lviv?

Excellent Location and Cultural Adjacency

Up to 95% of Lviv software engineers speak fluent English, and every third Lviv citizen speaks more than one foreign language; hence, it is doubtful to experience a communication barrier here. The apprehension of cultural diversity, open-mindedness and professional flexibility attract clients to cooperate with the local software development service providers. Adding in the business value and orientation, and you receive extremely favorable conditions for starting a business, partnership or outsource some of the processes.

High-Level Tech Education

With 5,000+ tech students annually graduating from local educational institutions, Lviv is a perfect IT industry center with a large talent pool of software developers. The average age of IT professionals is 28 years, and the average practical experience in this area amounts to 3 years.

As to the most popular institutions providing tech education, the TOP 3 comprises of Lviv Polytechnic National University, Ivan Franko Lviv National University, Ukrainian Catholic University. The leading directions and programs amongst the students are Computer Science and Information Technology, Computer Engineering, Applied Math and Informatics, Computer Technology and Engineering, etc. Students have a chance to participate in numerous events carried out by the universities in collaboration with Lviv IT Cluster, apply to the internship in the companies-members of the Cluster, listen to the lectures from the IT industry’s leading specialists, and many more. The changes in the studying programs are caused by the latest market demands so that the students do not have to change their specializations after they graduate.

Vigorous Growth of the IT Community

Lviv IT community is shaped by the people that firmly believe in the prosperous future of the city as a major business.

After the foundation of Lviv IT Cluster, the biggest IT association in Ukraine, it is now much easier to find a professional in any area: CEO, custom software development, computer engineering, robotics, statistics & data science, HR management, cybersecurity, and others. Moreover, the organization brings together authorities, companies, event organizers, and educational establishments to promote STEM education and fuel the Lviv tech talent pool with more specialists.

The fact of lots of IT experts located in Lviv has greatly encouraged various companies to outsource the hardware and software development to the city. Besides, these companies save huge investments and boost software development as well.

Summary

IT outsourcing in Lviv is now an efficient and promising option to improve your company’s performance and make the most of the outsourcing process. Thanks to the huge number of IT experts and strong skills base it now becomes one of the most competitive IT centers for outsourcing in the world. Providing a vast scope of services that resonate with the client’s demands is the main key to successful business conduct and long-term cooperation.

READ ALSO: UKRAINE ONE OF THE BEST IT OUTSOURCING DESTINATIONS

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