Posted on 03/13/2022 12:35:20 AM PST by TigerLikesRoosterNew
Ukraine’s IT outsourcing industry threatened by Russian invasion
Tom Li @itbusinessca
Published: March 3rd, 2022
Russia’s invasion of Ukraine is having a wide-reaching impact on the global IT industry. Driven by its strong technology education base, Ukraine is well-known in Europe as a technology powerhouse and a key provider of IT outsourcing services; in fact, prior to the conflict, its IT sector accounted for around four per cent of the nation’s total GDP.
As of March 2013, it had the fourth-highest number of certified IT professionals globally, behind the U.S., India, and Russia. The IT Ukraine Association reported that over 20,000 IT students graduate every year, and according to the N-IX IT Market Report 2019, Ukraine is a leading exporter of IT services in Europe, and a top choice for software development. Ukrainian outsourcing companies also boast excellent compliance with international IP protection laws.
The disruptions caused by the conflict put the organizations that outsource IT support to Ukraine in jeopardy. As both Ukrainian and international companies scramble to protect their people, the reduced operational capacity can mean fewer bug fixes, less customer support and fewer security patches. Ukraine also saw communication blackouts as internet outages blanketed the country, further threatening safety and productivity.
For outsourcing customers, it’s not simply a matter of quickly switching providers to fill the gap. Michael Hart, managing partner of Merit Outsourcing Advisors, explained that switching IT providers takes months of planning and discussions, and usually can’t be done at the drop of a hat.
(Excerpt) Read more at itbusiness.ca ...
I saw it said early on that Deutsche Bank had big issues because they had a lot of Russian IT staff they suddenly couldn’t pay.
Here, found the article:
The Ukrainians are shifting to pol6, boosting the IT industry here
My neighbor works with Ukrainian programmers over the Internet.
They have said nothing about the war to him.
My friend was working on a project with two Ukrainian guys based in Kyiv. They went to the border to get out and were told to turn around and grab a rifle because they were military age. Guys told my friend we’re not sure we can make some bullshit work meeting. Yeah no kidding. Take care of yourselves.
Many countries have seized oil franchises in the past.
Russia might nationalize the intellectual property of companies of Western countries sanctioning Russia.
Fixed it.
Maybe Russia can find those Dominion servers.
They have already made the threat.
Ukraine, before the war started, was the second poorest country in Europe.
Only Kosovo, which is a tiny country from the former Yugoslavia, has a lower GDP per Capita than Ukraine.
That is why Ukraine is a technology powerhouse, plenty of programmers willing to work for a very cheap wage.
We lost around 100 outsource IT programmers. Working overtime learning outsource code.
There is a huge demand for programmers worldwide. It is not only loss of programmers in Ukraine but outsource jobs in Russia too.
“They have said nothing about the war to him.”
Their companies in Ukraine did not allow them to say anything. I talk to my coworker outside of the company emails to find out what was going on.
I’m a retired CICS/COBL mainframe programmer . I’ll gladly come out of retirement for a $50,000 sign on bonus and $150/hr.
Most big companies are looking for C# .Net.
Globalist’s - we need a home base for our crack Hacker Team
Consultant - Ukraine: plenty of Hot women and okay climate, close to shopping in Europe and vacay destinations in Greece
Left unemployed, they might resort to hacking to make a living, but I don’t know what the situation is over there.
That’s why my price tag is so high.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.