Atlantic Council: Ukraine’s booming IT sector defies the coronavirus crisis

Peter Dickinson, Editor of the Atlantic Council’s UkraineAlert Service, overviews the achievements and challenges of the Ukrainian IT sector, summarizing that further development progress will depend on a number of factors including investment, government regulatory interventions, and a sufficient supply of qualified young professionals entering the industry.
Dominique Piotet, CEO UNIT.City: “This year’s performance is proof of the impressive tech talent in Ukraine and the great existing ecosystem of outsourcing companies in the country. However, in order to make the most of Ukraine’s IT industry for the country’s economy, we need to see the growth of product companies that are more capital-intensive. This is still one of the components that are lacking in today’s Ukrainian IT sector.”