Kyiv, Ukraine -- (SBWIRE) -- 08/09/2012 -- Ukrainian Hi-Tech Initiative, leading association of Ukrainian software development and IT outsourcing companies published the report on the state of IT outsourcing industry in Ukraine "Exploring Ukraine. IT Outsourcing Industry".

Over the last eight years, the volume of software development and IT outsourcing services Ukraine has provided has grown by a factor ten. According to the research findings, in 2011 the volume of IT outsourcing and software development services provided in Ukraine reached US$ 1.1 billion and the number of IT specialists working in the industry reached 25,000 people with 20% growth.

The report "Exploring Ukraine. IT Outsourcing Industry" is distributed for free and includes the latest information about the state of Ukraine's outsourcing industry: the volume of provided IT outsourcing services, the number of IT specialists engaged in delivering the IT outsourcing services, number of companies operating in the industry, and service rates.The research examines key development indicators and data on the state of the industry for the years 2003-2011.

The primary objective of the report is to provide the holistic view on the state and potential of the Ukrainian industry of IT outsourcing and software development services and to provide potential clients with all the information needed to understand the market and to make decisions about outsourcing activities to Ukraine.

The report also includes general information about the country, its infrastructure and specifics of conducting business in Ukraine. This information might be useful for those who consider Ukraine for outsourcing their IT works or setting up their R&D offices here.

ELEKS Software, a global organization delivering software, localization, testing and web design services for diverse markets in the USA and Europe, became the general sponsor of the research.

Victor Maznyuk, President of Ukrainian Hi-Tech Initiative and Editor-in-Chief of "Exploring Ukraine. IT Outsourcing Industry" report, noted, "Since the year 2000 Ukraine has been a leading player in the global software development market and enjoyed exceptional growth due to the strength and depth of its IT talent. The industry has been developing at a rapid pace of 20-25% growth a year and attracting many global businesses as an excellent outsourcing destination. The governmental support and recent adoption of a range of laws designed to support the Ukrainian IT service providers and software developers will promote industry growth and further expansion of the software development and IT outsourcing service ecosystem.

I believe that the report "Exploring Ukraine. IT Outsourcing Industry" is a qualitative source of information on the state of the Ukrainian IT outsourcing and software development services industry and will contribute to the strengthening of Ukraine's position as global provider of outsourcing services."

The official version of the report "Exploring Ukraine. IT Outsourcing Industry" is available for download at the Ukrainian Hi-Tech Initiative website http://bit.ly/Tc3jQj.

About Ukrainian Hi-Tech Initiative
Ukrainian Hi-Tech Initiative (http://hi-tech.org.ua)is a leading Ukrainian association of IT outsourcing and software development companies.

One of the main objectives of the association is to promote Ukrainian software development companies and the positive image of Ukrainian IT outsourcing industry in global markets.

Ukrainian Hi-Tech Initiative provides its members with the opportunity to enhance their business in the areas of IT outsourcing and offshore software development by using the partner network and marketing channels of the association in the external markets.

Ukrainian Hi-Tech Initiative provides support in selecting the partners and providers of IT outsourcing services, professional consulting services on business and legal specifics of conducting and setting up business in Ukraine.

In 2008 Ukrainian Hi-Tech Initiative became one of the founders of Central and Eastern European Outsourcing Association (CEEOA).

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Brussels, Belgium -- (SBWIRE) -- 07/17/2009 -- Council of European Informatics Professional Societies is supporting "Central and Eastern Europe IT Outsourcing Review 2008".

"Central and Eastern Europe IT Outsourcing Review" is the project of the Central and Eastern European Outsourcing Association (CEEOA). The main objective of this research is formation of the complete view on the potential of CEE region - the promising cluster for nearshore IT outsourcing for the Western European countries and offshore IT Outsourcing for the US. "CEE IT Outsourcing Review" is one of the few public researches which covers the situation on IT outsourcing market in the Central and Eastern European countries and is a good information source for those who are willing to find IT outsourcing services providers in the CEE region.

As a professional body, CEPIS is actively involved in promoting Professionalism in IT practice amongst its Members. This occurs through regular European-wide events and specific publications including UPGRADE (http://www.upgrade-cepis.org/index.html), the computer science journal for informatics professionals CEPIS is committed to supporting the development of Education and Research into Informatics in the academic field and the promotion of Professional Skills certifications, including EUCIP (www.eucip.org) . These three focus areas of Professionalism, Education & Research, and Skills form the core activity of CEPIS in achieving its mission of improving and promoting high standards amongst Informatics Professionals.

Julian Seymour, General Manager of CEPIS, strongly believes that the review is very useful, and timely in light of global recession. As many companies are looking for more innovative cost effective solutions ,Central and Eastern Europe has the potential to become one of the most important outsourcing hubs in the world. CEPIS recognises the challenges and the opportunities in and the contribution to the growth of highly skilled professionals and the development of IT industry on the broader European level. which exists within the region.

The research is undertaken by the CEEOA members - Ukrainian HI-TECH Initiative, Baltic Outsourcing Association, Hungarian Service Industry and Outsourcing Association, Employers' Association of the Software and Services Industry – ANIS (Romania), Bulgarian Web Association, and Association of IT and Business Process Services Companies – ASPIRE (Poland), and sponsored by Ukrainian IT outsourcing company NET Technology Center WEB100 (www.web100.com.ua).

The national IT associations, as well as the largest IT companies and experts contributed to the research and provided their views on the IT outsourcing market development in 2008 and new tendencies for 2009.

The Central and Eastern Europe IT Outsourcing Review is freely distributed. The official version of the research will be published on the information portal of the CEEOA – ITONews.eu (http://www.itonews.eu)

About CEPIS
The Council of European Professional Informatics Societies (CEPIS) (http://www.cepis.org) is a non-profit organisation seeking to improve and promote a high standard among informatics professionals in recognition of the impact that informatics has on employment, business and society. CEPIS is comprised of 36 national informatics associations representing over 300,000 informatics professionals from 33 countries across greater Europe. It provides a coordinated voice on the views of European informatics professionals on major issues to European Institutions. CEPIS is also responsible for the highly successful ECDL and EUCIP Programmes and produces a range of research and publications in the area of skills.

About CEEOA
Central and Eastern European Outsourcing Association (CEEOA) (http://www.ceeoa.org) was founded in 2008. The members of the association are the leading national IT and Outsourcing associations, among them Baltic Outsourcing Association (BOA), Ukrainian HI-TECH Initiative, Hungarian Service Industry and Outsourcing Association (HOA), Employers' Association of the Software and Services Industry (ANIS) from Romania, Bulgarian Web Association (BWA) and Association of IT & Business Process Services Companies in Poland (ASPIRE). One of the main objectives of CEEOA is to promote the Central and Eastern European Region as competitive alternative to other Global offshoring destinations, and to increase services delivery quality and volume to the recognized standards.

Contact Information:

CEPIS – Council of European Professional Informatics Societies
Tel: +32 (0)2 772 1836
Fax: +32 (0)2 646 3032
E-mail: info@cepis.org
Web: http://www.cepis.org

Central and Eastern European Outsourcing Association (CEEOA)
Phone: +380 44 458 1753
Fax: +380 44 501 5548
E-mail: ceeoa@ceeoa.org
Web: http://www.ceeoa.org

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