Ukraine (Press Release) May 5, 2008 --
Kiev, May 5, 2008 – By the results of the “Central & Eastern Europe IT Outsourcing Review ‘2007”, conducted by Ukrainian Hi-Tech Initiative with the support of information portal ITONews.eu, Baltic Outsourcing Association (Lithuania), Employers’ Association of the Software and Services Industry (Romania) and JNN Consult Ltd (Bulgaria) – in 2007 IT Outsourcing market of the Central and Eastern Europe reached a volume of 3 bln. US dollars
The research examined key development indicators of IT Outsourcing market in Central and Eastern Europe region: market volume, number of professionals, number of IT companies providing outsourcing services, cost of one professional for the end customer. Independent experts Christian Berner, Natasha Starkell, Parvis Hanson, and Maryna Yaroshchuk provided their views on the IT Outsourcing markets of Central and Eastern European region.
The data, presented by the largest IT companies and national IT Associations showed that in 2007 IT outsourcing market volume of CEE region reached 3 bln US dollars. Among 16 examined countries, the leading in market volume were: Ukraine, Romania, Hungary, Poland and Czech Republic. Ukraine, Romania, Belarus, Poland and Bulgaria were in the lead regarding the number of IT companies. The attempt was made to calculate also minimum and maximum annual cost per service of one IT professional for the end customer in each of the countries. Among the most “expensive” countries were Poland, Hungary, Romania, Czech Republic and Estonia. Ukraine, Romania, Belarus, Hungary, Bulgaria were the countries with the greatest number of IT professionals involved into IT outsourcing less the administrative personnel.
The full version of the research “Central & Eastern Europe IT Outsourcing Review ‘2007” is available at the website www.ITONews.eu.
Ukrainian Hi-Tech Initiative
Ukrainian Hi-Tech Initiative is a leading Ukrainian alliance of offshore software development and IT outsourcing providers. The mission of the alliance is to promote Ukrainian software development companies in the global market.
Hi-Tech Initiative provides the Ukrainian software developers with the opportunity to enhance their business in the areas of IT outsourcing and offshore programming by using the partner network and marketing channels of the Initiative in the external markets.
ITONews.eu
ITONews.eu – information analytic platform about IT Outsourcing in Central and Eastern European countries. The main aim of ITONews.eu is to show activities of IT companies, providers of outsourcing services the most widely and impartially, and to serve as a place for IT outsourcing services providers and customers meetings.
The portal, that started its work in 2008, contents daily updatable news, press-releases, analytic materials, information about global and regional events concerning IT outsourcing.
The research examined key development indicators of IT Outsourcing market in Central and Eastern Europe region: market volume, number of professionals, number of IT companies providing outsourcing services, cost of one professional for the end customer. Independent experts Christian Berner, Natasha Starkell, Parvis Hanson, and Maryna Yaroshchuk provided their views on the IT Outsourcing markets of Central and Eastern European region.
The data, presented by the largest IT companies and national IT Associations showed that in 2007 IT outsourcing market volume of CEE region reached 3 bln US dollars. Among 16 examined countries, the leading in market volume were: Ukraine, Romania, Hungary, Poland and Czech Republic. Ukraine, Romania, Belarus, Poland and Bulgaria were in the lead regarding the number of IT companies. The attempt was made to calculate also minimum and maximum annual cost per service of one IT professional for the end customer in each of the countries. Among the most “expensive” countries were Poland, Hungary, Romania, Czech Republic and Estonia. Ukraine, Romania, Belarus, Hungary, Bulgaria were the countries with the greatest number of IT professionals involved into IT outsourcing less the administrative personnel.
The full version of the research “Central & Eastern Europe IT Outsourcing Review ‘2007” is available at the website www.ITONews.eu.
Ukrainian Hi-Tech Initiative
Ukrainian Hi-Tech Initiative is a leading Ukrainian alliance of offshore software development and IT outsourcing providers. The mission of the alliance is to promote Ukrainian software development companies in the global market.
Hi-Tech Initiative provides the Ukrainian software developers with the opportunity to enhance their business in the areas of IT outsourcing and offshore programming by using the partner network and marketing channels of the Initiative in the external markets.
ITONews.eu
ITONews.eu – information analytic platform about IT Outsourcing in Central and Eastern European countries. The main aim of ITONews.eu is to show activities of IT companies, providers of outsourcing services the most widely and impartially, and to serve as a place for IT outsourcing services providers and customers meetings.
The portal, that started its work in 2008, contents daily updatable news, press-releases, analytic materials, information about global and regional events concerning IT outsourcing.

In 2007 the volume of IT outsourcing market of Central and Eastern Europe reached several bln. US dollars.
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