Dominique Piotet , CEO at UNIT.City and CEO of Sector X Acceleration Platform, wrote the column at Forbes about the vibrant tech landscape in Kyiv and Ukraine in general.
Highlights:
- Today, I have observed that an average developer in Ukraine makes about $2,000/3,000 per month, which is a good salary even in Europe. There are more and more successful product companies starting from Ukraine. Some like Grammarly, Preply or People.ai are already well-known. And we are definitely starting to see a shift from outsourcing to product companies with global potential.
- A few local players are good examples of the shift happening, and I believe they will become more popular. They could change the economic situation in the region and bridge the gap between developed and emerging countries. Here are a few examples: Monobank, Nova Poshta, Rozetka, etc.
- The growth of the tech sector in Ukraine alone is more than 25% year-on-year in terms of revenues. There are 200,000 developers in the country and almost 20,000 graduate every year from IT schools and universities. The Ukrainian IT sector is one of the top three export services (after agriculture and goods processing), contributing about 8.3% of the GDP.
Read more via Forbes
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