In a case of East meets West, the most dynamic representatives of Ukraine’s emerging tech industry are set to gather in the USA at the breakthrough U.T. Gem conference. The event will be held in San Francisco on September 18 at the Hyatt Regency hotel in partnership with Ukraine Digital News.
Ukraine has become one of the most efficient and cost-effective IT outsourcing markets in Europe, with the local outsourcing sector set to reach $4 billion in value by 2016. A well-educated and innovative IT workforce has attracted some of the world’s leading tech companies. Samsung, Huawei, Siemens, NetCracker and others have developed R&D centers in Ukraine.
The myTips team has been accepted into the famous American incubator 500 Startups, and has moved to San Francisco. The team received an investment of $75,000 from the incubator, and now intends to develop its business in the USA.
myTips is developing interactive online tutorials for complex interfaces without coding. Previously, the startup had already incubated in a famous foreign accelerator – London SeedCamp. From them, the team received an investment of 25,000 euros for 5% of the company and spent the funds on the development and refinement of its product.
Due to the unrest in Eastern Ukraine, many programmers have run away from the Donbass region to other parts of Ukraine or abroad. Liga.Business reports that, as of early June, one-fourth of programmers had left the region, with most IT companies directing their employees to cities like Kyiv (Kiev), Uzhgorod, Lviv (Lvov), or even out of Ukraine altogether. All told, more than 1,000 IT specialists had reportedly left Donetsk as of 2 months ago.
StepInMobile, an agency dedicated to developing mobile apps, is one of these companies, as originally reported by Ukrainian online publication AIN.UA. Founded by Donetsk-native Denys Nikolayenko, the firm opened in 2012 and has maintained offices in Kyiv and the founder’s home city.
IT programmer Ekatarina Zyryanova: “There are a lot of clever people in Donbass and it will be easy to recover the local IT industry”
Programmer Ekaterina Zyryanova, who lived in Kramatorsk, a war-torn city of the Donetsk region, for over 30 years, was forced to move to Western Ukraine to pursue a new life and career. She found a job in a Lviv (Lvov) based IT outsourcing company.
Zyryanova has been kind enough to share with Ukraine Digital News her harrowing experience of living in and relocating.
Google has revealed the results of a study of consumer behavior among Ukrainian Internet users, reports Ukrainian IT-news portal proIT. According to the report, which involved the survey of 1,000 adults (aged 16+) in in January of this year and was completed by market-research firm TNS at Google’s request, 56% of those polled state that they are regular Internet users. However, this figure spikes to 96% when considering only those who are 16-24 years old.
The percentage of smartphone users has increased more than threefold from 7% in 2012 to 24% in 2014. 71% of Ukrainians report that they use their smartphones on a daily basis, in comparison with 69% who report daily use of computers and 67% who report daily use of tablets.
Life.SREDA, a Moscow-based venture capital firm focusing on mobile and online fintech startups, is to invest $1.5 million in Settle, a mobile payment service developed by Kyiv (Kiev) -based startup Advice Wallet.
Combining mobile payments and a loyalty scheme in one app, Settle makes it possible to both order and then pay your bill at a restaurant or café through a smartphone. Users register via a social network and link their bank card to the app. The app displays the menu and allows clients to divide up a bill between friends, carry out P2P transactions and receive offers from establishments.
The ongoing crisis in Ukraine is threatening to destabilize the operations of Magento, an open-source content management system for e-commerce web sites owned by eBay and based in Kyiv (Kiev).
In its last quarterly report for the second quarter ending June 31, 2014, eBay noted that “The current situation in Ukraine and the Crimean peninsula, along with the response of the Russian and United States governments to this situation, have the potential to adversely affect our operations in Ukraine. In addition, many of our employees in Ukraine could be required to serve in the military for extended periods of time under emergency circumstances, which could disrupt our Magento business.”