Report from the Norwegian-Ukrainian Investment Conference in Oslo

SoftElegance participated at Norwegian-Ukrainian ICT & Investment Conference

Norwegian-Ukrainian Chamber of Commerce together with IKT-Norge, European Business Association (EBA) and Seed Forum has organized “Norwegian-Ukrainian ICT & Investment Conference” in Oslo, on November 11th 2015.

Norwegian-Ukrainian Investment Conference

SoftElegance used this opportunity to get the updates from the distinguished international and domestic speakers about Ukraine, the political situation, investment climate and opportunities there, and ICT experiences of Norwegian companies in Ukraine.

SoftElegance at Norwegian-Ukrainian ICT Conference
SoftElegance at Norwegian-Ukrainian ICT Conference

It was nice to meet partners, colleagues, and leads. See you next time!

European Business Association welcomes SoftElegance as a new member

SoftElegance has joined the EBA (European Business Association), the largest association of businesses

On Monday July 27, 2015, the EBA Board made an official decision on SoftElegance’s accession as a NEW EBA MEMBER! SoftElegance is proud to join the 2 million employees of EBA member-companies who share European values.

European Business Association

The EBA is focused on the implementation, promotion and advancement of European values-driven business practices. We are looking forward for a fruitful and long-term collaboration!

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SoftElegance invites to the business meeting “Big Data – The Future Of Software Development” in Oslo on 21 April 2015

SoftElegance invites you to attend the business meeting “The Future Of Custom Software Development” in Oslo

With the support of Embassy of Ukraine to the Kingdom of Norway and Norwegian Ukrainian Chamber of Commerce.

The business meeting will be held by SoftElegance at the Embassy premises at Arbins Gate 4, 0253 Oslo, Norway from 9:00 to 12:00 on the 21th of April of 2015;

Business Meeting "Big Data - the future of software development" in Oslo
Business Meeting “Big Data – the future of software development” in Oslo

More information about the meeting available at:

Official event’s website;
Official announcement by Norwegian Ukrainian Chamber of Commerce;
Online registration.

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Mentions about Ukrainian’s IT industry in the press

Ukrainian IT sector was mentioned several times at the reputable press this week

Several world-known online magazines like Forbes and BBC published this week their special reports about the Ukrainian IT industry.

Forbes has published Could Ukraine Be The Next Silicon Valley?. Greg Satell says that since Silicon Valley emerged as the center of the technology world in the seventies and eighties, others have tried to followed its lead, most have failed, but a few have succeeded brilliantly.

“It’s also important to remember that Ukraine is largest and one of the best educated countries in Europe, with an excellent base of talent and technology infrastructure. So while it may seem unlikely for Ukraine to become the next tech mecca, I wouldn’t bet against it.”, Satell says.

Ukrainian tech industry is worth about $5 billion. The outsourcing is the most developed and employs roughly 50,000 engineers across 500 firms

The next was BBC with its “Tech sector leading Ukraine’s pro-European revival” by business reporter Padraig Belton. He says that Ukraine’s tech sector is flourishing, and Ukraine is a “sleeping IT tiger”.

At Daily Mail Online came with the same question “Will the next Silicon Valley be in UKRAINE?“. According to it Ukraine has more than 4,100 firms that outsource skills to other countries, and its IT industry is growing by a quarter each year. Technology startups are making waves across the US and Europe.

Ukraine exports $2 billion in software service each year

The conclusion is that Ukraine’s IT sector, including tech start-ups and outsourcing industry, is booming and worth to be one of the world-known places to start IT business.

Meet SoftElegance at International Festival for Business

SoftElegance Participates at the International Festival for Business 2014

SoftElegance participated at International Festival for Business, for more connections with the U.K. businesses, and in order to build international connections with business owners and prospective clients.

International Festival for Business

In June 2014 SoftElegance’s participated at International Festival for Business, the U.K.’s biggest business festival with unrivalled opportunities to build international connections and commercial value. During June and July Liverpool will host hundreds of events, conferences, seminars, and business meetings. IFB 2014 is truly global, with international reach and significance. The festival connects U.K. businesses into international markets, bringing together the smartest entrepreneurial minds and the best business opportunities.

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Gartner: Worldwide IT Spending to Grow 3.7 Percent in 2012

Gartner, the research and advisory company says Worldwide IT Spending to Grow in 2012

Worldwide IT spending is forecast to total $3.8 trillion in 2012, a 3.7 percent increase from 2011, according to the latest outlook by Gartner, Inc. In 2011, worldwide IT spending totaled $3.7 trillion, up 6.9 percent from 2010 levels.

Gartner is the world’s leading information technology research and advisory company published it’s forecast “Gartner Says Worldwide IT Spending to Grow 3.7 Percent in 2012“.

Gartner Worldwide enterprise it spending to grow

Gartner has revised downward its outlook for 2012 global IT spending from its previous forecast of 4.6 percent growth. All four major technology sectors computing hardware, enterprise software, IT services and telecommunications equipment and services are expected to experience slower spending growth in 2012 than previously forecast, but it still grow comparing to 2011.

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“Outsourcing in a brave new world” — an international survey of current outsourcing practice and trends

Here is a review of comprehensive Norton Rose’s survey “Outsourcing in a brave new world”

As software development company we are focused at IT and software development issues in this survey, which was conducted in 2011 first from 2008.
The survey also found that customers needed to improve ‘management buy-in‘, ‘good supplier/customer relationships‘, and ‘more sophisticated approach to risk‘ areas of their procurement processes if they wanted to archive the maximum benefits from outsourcing.

It is clear that outsourcing has been affected by the economic downturn

The “Outsourcing in a brave new world” survey shows that cost reduction is the most important driver for outsourcing, customers want flexible solutions, and customers have tightened their diligence processes—apart from those applied to key incoming personnel.

outsourcing in a brave new world

The global economic crisis has clearly impacted on outsourcing strategy and deals. The survey shows that:

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Gartner Webinar: Enterprise Business Architecture

Enterprise Business Architecture: Uniting Business and IT

Enterprise architects are in a unique position to enable and lead the unification of business and IT. Leading organizations know “our business is IT, and IT is our business.”

One crucial aspect of unifying business and IT is leveraging a enterprise business architecture as a conduit for engaging business leaders, and understanding the ripple effect of business changes on people, process, information and technology.

Gartner logo Webinar

Here is Gartner Webinar “Enterprise Business Architecture: Uniting Business and IT” by Betsy Burton, VP Distinguished Analyst. The discussed topics are “What is the value of supporting enterprise business architecture?”, “How should organizations approach supporting their business architecture?”, and “How can organizations leverage business capabilities to engage the business?”.

Facts about CIOs’ understanding of the applications portfolio

IT leaders might struggle to take advantage of the latest applications to drive efficiency and competitiveness because CIOs are failing to understand what is in their applications portfolio and how much they are costing.

Following Karl Flinders post originally appeared as “Six shocking facts about CIOs’ understanding of the applications portfolio“. We’ve found this “shocking findings” are really interesting and useful for CIOs and IT directors and Executives. So please find the Fujitsu’s research:

computerweekly.com logo

“The lack of understanding of how much an application portfolio is costing means that companies have no way of telling how much is being wasted. How many companies can afford to be running applications that are not delivering maximum value? Any hopes of applications becoming a strategic enabler for the business certainly seem a long way off for the majority of companies”

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Cabinet Office has published “Government ICT Offshoring (International Sourcing) Guidance”

This week U.K.’s Cabinet Office has published guidance to help Government procurers consider supplier proposals “Government ICT Offshoring (International Sourcing) Guidance”.

This guidance is aimed at Chief Information Officers (CIOs), Senior Information Risk Owners (SIROs), Senior Responsible Owners (SROs) and procurers in Government Departments and exchequer funded bodies, to help them consider supplier proposals which include offshore provision and which may offer value for money.

UK Cabinet Office logo

As offshore software development company SoftElegance attended in offshore collaboration with the U.K. Cabinet and Government organizations. “When considering supplier proposals which include offshore provision options should be considered within the wider context of existing policy including the Government ICT Strategy and Plan for Growth” guide says.

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