By Business & Finance 
The Incredible Tech Catalogue has been designed with the primary goal of promoting IT companies and products on the global market, serving as a particularly important tool in the current landscape.
The IT Ukraine Association, in collaboration with the Ministry of Digital Transformation, the Top Lead agency, and UKRSIBBANK BNP Paribas Group, unveiled the “Incredible Tech Catalogue” of IT companies and products in Ukraine. This catalogue has been designed with the primary goal of promoting these entities on the global market, serving as a particularly important tool in the current landscape.
In a world marked by rapid technological evolution, Ukraine’s IT industry has become a beacon of resilience and innovation. Before the full-scale invasion, this sector had established itself as a significant player in Europe’s technology exports, boasting consistent annual growth rates of 25-30% and contributing over 4% to the nation’s GDP. However, the war marked a turning point in the industry’s history, revealing its remarkable resilience.
“The war marked a turning point in the industry’s history, revealing its remarkable resilience.”
The preceding years, especially during the COVID-19 pandemic, have highlighted the importance of adaptability and preparedness. Ukraine’s IT industry has demonstrated remarkable resilience, overcoming unforeseen challenges brought about by war.
Ukraine has distinguished itself in various domains, including defence tech, cyber defence, and cybersecurity. Additionally, sectors such as digital transformation, comprehensive service solutions, E-commerce, FinTech, EdTech, and Health Tech are rapidly evolving, reflecting the country’s expertise in cutting-edge technologies such as AI, machine learning, AR, and Data Science.
Economically, Ukraine’s IT industry has thrived with an annual growth rate of 28%, culminating in an astonishing 18.2-fold increase since 2010. In 2022, the export of computer services reached an all-time high of 7.3 billion dollars, constituting nearly half of Ukraine’s service exports.
The digital sector’s share in services is consistently on the rise, contributing almost 5% to Ukraine’s GDP. The Ministry of Digital Transformation has set an ambitious goal to reach 10% of GDP by 2030, reflecting the industry’s exponential growth trajectory.
Currently, Ukraine hosts 2262 registered IT companies, employing approximately 362,000 IT professionals. These companies have positioned themselves as global leaders, known for delivering innovative solutions and products.
“Ukraine hosts 2262 registered IT companies, employing approximately 362,000 IT professionals.”
Ukraine’s leadership in digitalisation is evidenced by initiatives such as equating electronic passports with paper counterparts, the introduction of the popular online government services app “Diia” and its strong presence in cybersecurity. The nation has proactively legislated artificial intelligence and digital asset regulations, while integrating digital solutions in education and healthcare. Ukraine has also joined the WHO Global Network of Digital Health Care Documents, championing digital transformation across multiple domains.
The “Incredible Tech Catalogue” serves as a testament to the resilience and innovative spirit of Ukraine’s IT industry. It introduces readers to 96 extraordinary Ukrainian companies, each of which embodies innovation and excellence, showcasing unique strengths and capabilities on the global stage. These companies eagerly seek collaboration with international partners, customers, and investors.
Curated thoughtfully by IT Ukraine Association, the largest national independent professional association of IT companies that unites the Ukrainian IT industry, collaborates closely with the government on significant projects, and forges robust connections with international partners, donors, and investors, the “Incredible Tech Catalogue” is more than just a compilation of companies; it is a practical instrument designed to strengthen the Ukrainian IT brand and facilitate global networking. Each product and company featured within this catalogue possesses a unique superpower, awaiting exploration by those who seek to leverage the incredible potential that Ukrainian tech companies have to offer.
Despite facing unprecedented challenges, this sector is poised for even greater achievements in the future, ready to forge collaborations and shape the future of technology. The journey of Ukraine’s IT industry is a testament to its resilience, adaptability, and unwavering commitment to innovation. As we explore the pages of the “Incredible Tech Catalogue,” we discover the stories of 96 exceptional Ukrainian companies that have risen above adversity, presenting ground-breaking solutions to the world. These companies are not merely businesses; they are trailblazers, pushing the boundaries of technology and offering solutions that have the potential to transform industries and improve lives.
Read more:
Q&A with Konstantin Vasyuk, Executive Director of the IT Ukraine Association
