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Ukrainian IT specialists from the GlobalLogic company significantly influence the global technology market in various fields. The company’s clients have from 7%* to nearly 40% of the technology market share in the medical, media, telecom and automotive technology industries. Engineers’ developments, in particular, make people healthier, maintain high-quality communication, and provide comfortable and safe travel. The influence of Ukrainian IT specialists on the industry can be estimated at billions of US dollars.
The global market for medical devices in 2021 was $532.62 billion. Ukrainian engineers are involved in projects that occupy almost 10% of the market and are valued at $50 billion*.
IT specialists create more than a hundred medical software solutions of various levels. These include applications for tracking and analyzing patient health, systems for transmitting, processing and storing medical data, software for first aid devices and many other developments.
In general, there are three categories of devices in medicine depending on their potential impact on a person. Most of the developments that Ukrainian engineers work with are of the third type – that is, those that have a direct impact on human health. The development, testing and use of devices of the third type are regulated by strict standards, including the FDA (Food and Drug Administration in the United States). These developments include, for example, smart defibrillators and systems for the automatic administration of drugs to the human body, such as insulin.
In 2021, the global telecom market reached $1,657.7 billion*. Ukrainian engineers are involved in the projects of key players, which occupy more than 37.5% of the market. This share can be estimated at $621 billion*. GlobalLogic’s specialists create video streaming and cable access technologies, as well as Wi-Fi router software for the telecom industry. In this way, people around the world stay connected, use network access for work, communication, entertainment, and more.
GlobalLogic engineers are also involved in media projects that improve the user experience of interacting with digital content. The share of projects in the global market of OTT services (streaming platforms that allow you to consume content in streaming mode) is at least 36.4% and is estimated at $36.9 billion. At the same time, the market for OTT services in 2021 reached $101.42 billion.
Ukrainian engineers help to create solutions for recording and mixing 70% of all commercial music in the world. Well-known rock, pop and jazz compositions appeared thanks to the Pro Tools software package, which, like most other Avid solutions, was created by GlobalLogic engineers. Ukrainian and international bands use ProTools when recording individual tracks and entire albums. Among them are Maroon 5, Coldplay, Linkin Park, “Ocean Elzy”, “Druha Ryka”. Soundtracks for the films “Jurassic World”, “Deadpool 2” or the TV series “Game of Thrones” also were created with the help of this technology.