Kharkiv IT Cluster predicts a 25% increase in the IT industry in the region by the end of 2019. “According to the dynamics of the last two years, in 2019 we expect growth in the industry in the region by at least 25% compared with the results of 2018,” Kharkiv IT Cluster CEO Olha Shapoval said, commenting on the results of Kharkiv IT Research 2.0.
According to Kharkiv IT Research 2.0, the demand for experts in the field of information technology in 2019 also exceeds the supply: the companies’ need for specialists is 1.5 times higher than the number of graduates (Kharkiv universities annually graduate more than 2,000 young specialists only in specialized fields).
The authors of the study noted the growing popularity of non-formal education, as well as the creation of corporate training centers within companies that are ready to invest in youth training.
According to the study, by the end of 2018 the IT industry in the region had about 480 service and product companies, and the number of IT specialists exceeded 31,000 people.
In general, according to Kharkiv IT Research 2.0, the IT industry in Kharkiv in quantitative terms grew by 24%, and the total volume reached $962 million in 2018, ensuring a growth of 20%.