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Trends in the Development of the IT Sector in Ukraine
Luchko H. Y.

Luchko, Halyna Yo. (2024) “Trends in the Development of the IT Sector in Ukraine.” Business Inform 3:145–152.
https://doi.org/10.32983/2222-4459-2024-3-145-152

Section: Information Technologies in the Economy

UDC 338.4

Abstract:
The aim of the article is to analyze the current trends in the IT industry in Ukraine, identify the key problems of the sector caused by russia’s military aggression, and identify areas of activation that will contribute to the development and adaptation of the sector to the challenges of the external environment. The information technology market is one of the driving forces of all sectors of the national economy, the State and regional administration, science and education, etc. In the context of globalization and the European integration of Ukraine, it should be borne in mind that the domestic IT sector is one of the most promising sectors of the economy. Mobility and quick adaptability to challenges allows the IT industry to be an important pillar of Ukraine during the wartime and will help in the period of post-war recovery. The article analyzes the trends in the development of the IT sector for 2018–2023, it was noted that the crisis shocks associated with the coronavirus pandemic, which significantly affected the business of many industries, did not harm the activities of companies in the IT sector. However, russia’s full-scale invasion in 2022 affected the positive dynamics of IT companies’ performance indicators and slowed down the growth rate of the IT sector. The article analyzes the factors that cause the slowdown in the development of the IT industry. In particular, the influence of both factors that have a global context and internal factors caused by the destructive pressure of war is considered. The article also specifies the tendency to reduce the number of specialists in domestic IT companies and considers its main causes. The areas that need to be activated in order for the IT industry to remain resilient, adapting to the challenges of the external environment, and continuing its development are allocated. The preserved positive dynamics of the performance of IT companies in the face of the full-scale invasion, the high level and demand for our IT specialists in the foreign and domestic markets indicate the accumulated significant potential and the ability of the IT sector to adapt quickly. The directions of activation proposed in the article will contribute to the further development of the IT sector.

Keywords: information technology, IT sector, IT professionals, IT companies, development.

Fig.: 4. Bibl.: 11.

Luchko Halyna Yo. – Candidate of Sciences (Economics), Associate Professor, Associate Professor, Department of Project Management, Lviv Polytechnic National University (12 Stepana Bandery Str., Lvіv, 79013, Ukraine)
Email: [email protected]

List of references in article

“63% liudei zaraz onlain. Velykyi zvit Digital 2022 pro korystuvachiv internetu“ [63% of People Are Online Now. The Big Digital 2022 Report on Internet Users]. https://ain.ua/2022/04/30/zvit-digital-2022/
Saiko, V. R., and Luchko, H. I. “Tendentsii rozvytku dydzhytalizatsii v Ukraini“ [Tendencies in Development of Digitalization in Ukraine]. Biznes Inform, no. 7 (2021): 109-114. DOI: https://doi.org/10.32983/2222-4459-2021-7-109-114
Derzhavna sluzhba statystyky Ukrainy. http://ukrstat.gov.ua
Karyi, O. I., Halkiv, L. I., and Tsapulych, A. Yu. “Rozvytok IT-sfery Ukrainy: chynnyky ta napriamy aktyvizatsii“ [Development of the IT-Sphere of Ukraine: Factors and Directions of Activation]. Visnyk Natsionalnoho universytetu «Lvivska politekhnika». Seriia «Problemy ekonomiky ta upravlinnia», vol. 5, no. 1 (2021): 42-55. DOI: http://doi.org/10.23939/semi2021.01.042
Kyrychenko, A. “IT 2023: shcho naspravdi vidbuvaietsia z vitchyznianym rynkom“ [IT 2023: What Is Really Happening to the Domestic Market]. Ukrinform. April 07, 2023. https://www.ukrinform.ua/rubric-technology/3692904-it-2023-so-naspravdi-vidbuvaetsa-z-vitciznanim-rinkom.html
“Ohliad top-30 ukrainskykh it-kompanii“ [Review of the Top 30 Ukrainian IT companies]. BRDO. https://brdo.com.ua/wp-content/uploads/2023/06/Zvit-IT-6.pdf
“Top-50 IT-kompanii Ukrainy, zyma 2024: minus 4,6 tysiachi fakhivtsiv za piv roku, v liderakh zrostannia - produktovi kompanii“ [Top 50 IT Companies of Ukraine, Winter 2024: Minus 4.6 Thousand Specialists in Six Months, the Growth Leaders are Food Companies]. DOU. February 26, 2024. https://dou.ua/lenta/articles/top-50-winter-2024/
Pylypiv, I. “66% ukrainskykh IT-fakhivtsiv vvazhaiut, shcho zaraz vazhko znaity robotu“ [ENGLISH_UA 66% of Ukrainian IT Specialists Believe That It Is Difficult to Find a Job Now]. Ekonomichna pravda. October 23, 2023. https://www.epravda.com.ua/news/2023/10/23/705778/
Zanuda, A. “Zanepad chy tymchasova kryza: shcho vidbuvaietsia v ukrainskii IT“ [Decline or Temporary Crisis: What Is Happening in Ukrainian IT]. BBC Ukraina. February 19, 2024. https://www.bbc.com/ukrainian/articles/cndn8z34lkpo
Lisik, O. A., and Moriak, T. P. “Analiz stanu IT-sektoru Ukrainy v umovakh povnomasshtabnoi viiny“ [Analysis of the State of Ukraine's IT Sector in the Context of a Full-Scale War]. Ekonomika ta suspilstvo, no. 55 (2023). DOI: https://doi.org/10.32782/2524-0072/2023-55-67
Sabadyshyna, Yu. “Idemo na spad. DOU proanalizuvav dani Natsbanku shchodo IT-eksportu i zapytav v ekspertiv, koly ochikuvaty zrostannia“ [We are Going Down. DOU Analyzed Data from the National Bank on IT Exports and Asked Experts When to Expect Growth]. DOU. July 31, 2023. https://dou.ua/lenta/news/it-export-second-quarter-2023

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