Ukraine’s tech industry was well positioned to capitalize on this opportunity thanks to the dramatic evolution it’s undergone in recent years. Since the first IT companies appeared in the mid-1990s the sector has experienced a meteoric rise. Today it accounts for 4 percent of GDP and employs roughly 200,000 people, boasting some of the country’s highest salaries. Much of this growth has been built on outsourcing. But while in the early days the main sell for international customers was the ability to hire competent programmers at lower prices, as the industry has matured the value proposition has shifted considerably, says Chubay. “It’s not about the cost anymore, it’s about the expertise and ultimate outcomes,” says Chubay. “We have moved up the value chain. We have become more holistic, and we are gaining more and more responsibility over bigger chunks of our client’s businesses.”BBC World News.
Oh yes. Ukrainian programmers charge like total bastards. And good for them. I don’t think anybody should undersell their labor. But the idea that you can hire them cheaply – this hasn’t been true since last century. This creates a weird situation in Ukraine where a class of people makes the kind of money that’s way higher than even the US median while the rest makes between 1/10 and 1/5 of US median.
I’m still not fully over the poor guy who left all this and went to Mexico with the hopes of recreating the Ukrainian programmers there.