Ukrainian IT market to change its development model in 2009 - April 2009

The economic crisis has transformed the Ukrainian IT industry. During the last two months of 2008 sales in key market segments dropped by 20-50%. The declining purchasing power does not represent the only challenge for IT companies in Ukraine. Changes in buyers’ needs have made many established IT products and services needless. In 2009 almost all vendors will have to re-think their business models, search for new products and optimise performance. Those who manage to pass this exercise successfully will stay in the business and even gain better market positions.

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