From time immemorial, international outsourcing has contributed majorly to the growth and development of the IT sector in westernized countries such as the United States, the United Kingdom, Australia and Canada. Initially, India was considered the dominant force to easily outsource IT services to, having a pool of talented workers at a considerably low cost. However, with the advent of time, Ukraine has risen from the ashes of the post-Soviet era and has made a name for itself as a trusted outsourcing hub.
Why is this? Well, the high literacy rates joint with low salary costs have made the country a go-to destination for all outsourcing needs. And today, we will have a look at the advantages of choosing Ukraine as your outsourcing choice, and also the risks to be cautious of before making the crucial decision of selecting Ukraine outsourcing companies.
The Benefits of Outsourcing IT Services in Ukraine
The literacy levels in Ukraine are very high. This stems from decades of fierce competition during the cold war between the United States and Russia. As part of the Soviet Union then, Ukraine was actually the richest talent pool for the USSR’s scientific and military research. What’s also interesting to note is that the Legatum Prosperity index ranked Ukraine the 37th out of 142 most literal countries, beating other outsourcing giants such as China and India. So as can clearly be seen, outsourcing from Ukraine has the advantage of interacting with a group of highly literate software and IT engineers.
Home based IT workers in westernized countries demand higher pay due to the high cost of living; not to mention the higher tax rates. In Ukraine however, the cost of living is much cheaper, therefore IT developers and engineers demand much lower pay rates. For example, a junior software engineer in the United States may demand anywhere from $2000+ a month as a basic salary; while the same junior engineer in Ukraine may target something from $350-$400. What a difference in revenue saving, especially for a small-scale business!
After the Iron Curtain finally came to fall, the state of self-governance enabled Ukraine to rapidly develop its I.T infrastructure in order to bring it to par with that of westernized countries. In fact, it’s such a rarity in Ukraine to hear someone complain of slow internet speed! Thus today, the country boasts of one of the fastest Internet connections,; not to mention being ranked in Europe’s top 10 countries with the highest Internet users in 2015, with over 19 million strong. Thus, outsourcing in Ukraine is not only reliable, but efficient as well and can be able to attend to your business services at god-like speeds.
The Ukrainian government has taken tremendous strides to improve its relationship with the western world after splitting from the U.S.S.R. One of the ways it has succeeded in this quest is by creating a friendly environment for both small, medium, and large-scale businesses to outsource Ukrainian I.T services at affordable costs. There has been a lot of money invested by the government in improving I.T infrastructure, training, and provision of the Ukrainian youth with high-level education that is oriented towards an international market. This in turn has enabled quite a number of Ukrainians to interact with their clients in Basic English for a better communication platform.
How to choose the best IT outsourcing company Ukraine? Find the answer here!
However, despite the innumerable benefits that the IT outsourcing market Ukraine holds, there are also some risks and disadvantages that one has to consider before accessing these services.
The Risks of Outsourcing IT Services in Ukraine
Not all that glitters is gold. And this applies when it also comes to Ukrainian outsourcing. Though rare, you might be unlucky and come across hoaxers posing as legit Ukrainian outsourcing companies; only to be conned for your hard earned money. Therefore, it is always wise to do a background check of a certain company before hiring their services.
Although a large number of Ukrainians have a basic understanding of English, the national language is still Russian and therefore this poses as a difficulty especially in situations where the outsourcing company is required to have an advanced comprehension of the English language in order to get certain I.T tasks done.
That being said, the benefits of outsourcing from Ukraine outweighs the minor risks associated with it. It is advisable especially for start-up companies on tight budgets to deploy all their I.T related activities to these companies. Not only will they be saving big on time and money, but they can take a breather and relax knowing they are in safe, experienced and very capable hands.