Ukraine has long been known as an outsourcing center because of its abundance of skilled programmers. Now, some IT analysts believe the country is ready to take the next step – establishing itself as a tech start-up hub.
The idea du jour at the recent Black Sea IT Summit – a two-day conclave of tech experts and entrepreneurs, held in Odessa – was that Ukraine had great potential to become an incubator for entrepreneurs, especially those in the IT sector.
Mark Turrell – a featured speaker at the early September summit and CEO of Orcasci, a web strategy consultancy – said Ukraine possessed all the elements for a fertile IT ecosystem. “It’s an attractive market, a mature outsourcing country, yet [it has] a new understanding of product development possibilities,” Turrell said. “A Ukrainian tech company can start with low investment, and [have] global perspectives.”
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Natalie Gryvnyak is a freelance writer based in Ukraine who specializes in writing about the IT sector.