The Top 6 Largest Companies That Have Outsourced Software Development to Ukraine
Presently, employing remote professionals and contracting out your project to another country is more accessible than ever. Nonetheless, selecting applicants is a daunting challenge, while hiring truly knowledgeable engineers is even more difficult.
To help you maximize your attempts at outsourcing your project, we want to list the top companies that opted for Ukrainian software developers.
An In-Depth Analysis of Distributing Companies
The Calendly app enables you to plan events by combining the schedule of a group of individuals. Calendly has raised $350 million, while the investment values Calendly at more than $3 billion. The way Calendly’s CEO and founder, Tope Awotona, produced buzzworthy software after 3 failed attempts attracted developers from Kyiv to this project. The company made $70 million in 2020. Currently, 10 million individuals worldwide use the application every month. It facilitates their lives and keeps on operating despite the lockdown and remote working model.
The company Ring produces home security systems and provides smart home automation. Amazon bought Ring for $1 billion. Ring has raised $109 million in 2017. Ring opened its first office in Kyiv in 2016. Ring currently employs more than 1,000 specialists in offices based in Kyiv. They are experts at software development in different domains of AI (e.g., data mining, computer vision). They also leverage the cloud data collected to build up neural networks (NNs). This helps the company be productive and efficient.
The distributed first principle is leading in the Very Good Security company. Its founders were interested in hiring Ukrainian specialists thanks to their experience in working with distributed teams, in which engineers from Ukraine worked. Currently, the total funding amount of Very Good Security is $104.9 million, and 213 full-time employees are its staff members, while 46 of them are based in Ukraine. Experts of multiple domains work in Ukrainian Very Good Security’s offices, including engineers, top managers, marketers, sales department, and HR specialists.
People.ai is a startup company based in Ukraine and in 2016 they built a sales platform that relies on artificial intelligence. The startup has raised $60 million and 27 stockholders have put their money into the development of the project. Also, the People.ai’s founder, Oleh Rogynskyy, is looking to invest collected funds to scale up the team. Currently, 30 out of 145 employees are working in Kyiv, while others are in Los Angeles and San Francisco. The clients of People.ai include 50 large-scale enterprises. Needless to say that the company was added to the list of 10,000 rapidly expanding technology-based companies.
The Adomi company specializes in a cloud-based smart home technology solution that provides a positive user experience. This system is established in wealthy private properties, and applying to Temy became a clever idea. At that time, the outsourcing company only had a Cloud architect and a back-end developer, and got $20k of total funding in 2018. They came up with a cloud back-end for the customer that gathers data and lets sensors supervise the running of the internal light.
Frontier Car Group is a newly established company based in Germany. It builds, launches, and manages used car markets within countries with developing economies. The total amount this company has raised is $569 million. Currently, it operates in 10 countries worldwide. When FCG was searching for QA engineers, it hired TEMY to make laborious manual testing automated, and outsource QA.
Takeaways
Ukraine has a competitive edge over different IT outsourcing centers in Eastern European countries. Companies that have contracted out development to Ukrainian experts are currently reaping substantial benefits.
If you are searching for a trustworthy software development provider for your project, take Ukraine into account. If you need to get professional advice, do not put off getting in touch with us.