As many as 18 tech companies with offices in Ukraine among Global Outsourcing 100

International Association of Outsourcing Professionals or IAOP published the Global Outsourcing 100 list. The 2018 listing of best outsourcing service providers includes 18 Ukrainian IT companies (companies with large dev offices or founded in Ukraine), which is 5 companies more than in 2017.

The companies from 2017 and 2018 listing are:

  • SoftServe
  • Eleks
  • N-iX
  • Ciklum
  • EPAM
  • Sigma Software
  • Luxoft
  • Miratech
  • Softjourn
  • Softengi
  • TEAM International
  • Program-Ace

New entrants in 2018 list:

  • AMC Bridge
  • Innovecs
  • Intellias
  • Infopulse
  • Itera
  • Artezio

Intetics Inc, a 2017 listing entrant, did not submit the application to participate in the rating of 2018.

According to Andriy Pavliv, CEO of N-iX and chairperson of the supervisory board of Lviv IT cluster, Ukraine’s IT sector grows at the rate of 20% per year with some companies showing a faster pace. This is not only a quantitative but also a qualitative growth. “An increase in presence of Ukraine in Global Outsourcing 100 is indicative of the increasing number of overseas IT companies opening their offices here,” says Pavliv.

IT Ukraine notes a certain trend in the listing since its creation in 2006 – an increasing influence of corporate social responsibility on the company’s international image. This criterion first emerged in 2014 as optional. However, in just two years it became one of the selection criteria.

Global Outsourcing 100 is an annual listing of the world’s top outsourcing service providers and advisors. The list is prepared on the basis of applications received and evaluated by an independent panel of judges from IAOP. The key criteria of inclusion into the list are profitability, team size, best projects, client recommendations, level of corporate social responsibility, and innovations in the delivery of services to clients. The final listing features 75 large players (Leader category features companies whose annual income starts at $50 million with 5k+ employees) and 25 developing companies (Rising Star with annual income up to $50 million and up to 5k employees).

[Editor’s note: The original article was published on February 20, 2018, and information contained therein is valid.]