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  • Advice You - Ukraine: a Prospective Player on the World Software Outsourcing Market

    The destruction of the Soviet Union about 15 years ago, made a huge country with a great level of IT science divided into small bricks. Nowadays, despite Russia's expansion into the world software development marke
    According to USFDA, a combination product is one composed of any combination of a drug and device; biological product and device; drug and biological product
    t, Ukraine keeps playing an important role here too. There are several prerequisites for this.

    Prerequisites

    Traditionally, Ukraine always was a technical region of the USSR. No wonder, the IT education wa
    ; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.

    Examples of combination products may in
    and still is one of the most popular and respective education in the region. Such well-known Ukrainian universities as Kyiv National Technical University, Donetsk National Technical University etc. as well as new
    lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.

    establishments with more innovative approach for IT specialists education, such as Donetsk State Institute of Artificial Intelligence and others, educate a new prospective generation of young IT professionals, ambi
    here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
    ious and purposeful.

    It's obvious, Ukrainian students win in international contests, and show true professionalism and ability to enter a business life immediately, hence, to play the first fiddle in the labour ma
    d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.

    Combination pro
    ket. As the latest example, one can remember students of Kharkiv National University of Radio Electronics that became first place winners of the International Web Development Contest (I.C.W.D.I.C. 2005) held by XIT
    ucts have become life saving products for the pharmaceutical companies who doesn’t have many innovative molecules in their product pipeline and have been inc
    EX Software Company in spring 2005.

    That is why governments of European countries encourage Ukrainian programmers to come and to work there. Germany is the best example of a country that understands all pros and c
    easingly used in the product life cycle management. Even the companies having product patents are trying to extend their product life cycle through the combi
    ns of Ukrainian IT professional, thus it's the country that sees its benefits of employing Ukrainian programmers.

    Another one important factor is the cost of labour. In Ukraine, usual hourly rates for programmers
    nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
    re $10-$15. Although they are little bigger than Indian ones, they are still 1.5 times lesser than Russian ones and several times lesser than American or European costs. If you consider the high level of profession
    and physically. They need to rightly judge the benefits of the combination products and they have to even look at the risks involved when combining the produ
    alism and responsibility, then you add a European mind and time zone, plus a fluent English of the most of IT people, you realize that Ukraine is that happy medium each company looks for. Hence, many companies that
    ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
    outsource have already realized it.

    Ukraine's Prospects

    Due to the Market Visio's research http://research.aventures.biz/eng/result.html, the volume of Ukrainian IT-services export in 2003 was estimated to
    ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.

    Following aspects would a
    be $70M, 40% more in comparison with 2002. The market prospects for 2005 were to be $150M; that is three times more in three years.

    There are about 300 public companies that work for export. They are located mainl
    dd to the challenges in developing combination products:

    Which markets to tap where the combination products can do fairly well?
    Which combination prod
    y in big cities such as Kyiv, Donetsk, Kharkiv, Dnipropetrovsk etc. There are also a huge amount of groups of professionals who are mainly engaged in export on a level of freelancers. The total number of IT special
    cts are meaningful and rational?
    Which therapeutic categories to select?
    Which Combinations can address unmet needs of the patients?
    Do combin
    sts engaged in IT-export services was about 10,000 in 2003 and grew considerably during next years.

    Everything mentioned above shows that Ukraine has great prospects to become and equal player to the most known le
    tions increase the patient compliance?
    What would be the developing cost?
    How to tackle the risks encountered during combination product developmen
    ders of the market. Its well-developed IT infrastructure, level of services, and professionalism of programmers made Ukrainian companies able to compete for complex and complicated projects with other well-known de
    t?

    As combination products don't fit into the traditional categories of drugs, medical devices, or biological products, the USFDA is in the process of devel
    velopers. There are several companies that invest in their own software solutions and market them internationally with success. However, all of them are engaged into smaller or bigger software development projects
    ping new procedures for reviewing their safety, efficacy and quality.

    Professional from academic institutions, pharmaceutical industries, health care indust
    s subcontractors.

    The next step of Ukrainian gait into the world IT market seems to be a wide establishment of offshore development centers based on currently existing software development companies. Prerequisites
    y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
    are obvious:

    1. Ukrainian IT companies have whole infrastructure required to develop reliable custom application and deliver it in time.

    2. The gross yearly expenditure per one programmer will vary from $20,000 t
    .

    As there is an increasing trend of the combination products companies manufacturing such products should be able to tackle the problems involved in the de
    o $30,000.

    3. Ukraine's time zone is GMT +02:00. Hence, all programmers and project managers will be available on daytime for any European company.

    The only thing remains to be done, though. Ukrainian IT companie
    elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.

    Companies that provide selfless information through particip
    are making only their first steps in self-promotion. The more professional they become in this field, the more obvious it would be that Ukraine becomes a competitive player on the world software outsourcing market


    tion in industry events and feedback to regulatory authorities would be able to face the challenges and will be successful in developing combination products

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