Research On Artificial Intelligence Companies and Job Market In Ukraine

Being quite a synonym to the “future”, Artificial Intelligence has been captivating our minds since 1950s. Not only it is a hot topic among tech-savvy guys, but it also leaked to various science fiction books and movies raising the interest of the whole humanity.

What Is Artificial Intelligence?

So, what is Artificial Intelligence exactly? In a nutshell, AI is a branch of computer sciences aimed at developing computers that are able to perform like people, including, for example, an ability to recognize speech and solve problems. This involves autopilots driving a car or handling an airplane, virtual assistants helping us to find a restaurant for dinner, or even robots able to explore the Mars without putting human at high risk.

Considering potential of the AI technology, no wonder that more and more businesses are implementing it into their products and services. The estimations are very promising, and IDC reports that the AI market is about to grow from $8 billion (2016) to over $47 billion (2020).

Applications of Artificial Intelligence

You have probably seen at least one movie where there is a danger of robots killing human race. While this is obviously a fiction, you cannot deny that AI has already penetrated to our everyday lives. What’s more, it is helping people and businesses to make it all smarter and easier. Thus, if you have an iPhone, then Siri is your pocket AI. Google Now is also a helping hand for many users. Amazon or Spotify recommendation engines have been created using AI programming as well.

There is literally no field where this technology cannot be implemented. Financial institutions apply AI for transaction monitoring, bookkeeping, and managing properties. There is also useful software for personal finance purposes. For example, Wallet.AI claims to build intelligent engine that help people to make smarter financial decisions. Robots are common in heavy industries, occupying positions that can be risky for humans. Health industry is highly interested in AI, as this technology could help to solve problems for people with limited senses. Marketing industry is aiming to automate the writing based on a large amount of data. Thus, Yseop claims that their artificial intelligence software allows to create thousands of content pages per second, as if they were written by human.

No matter how genius AI may seem, its applications are created by no one else, but talented developers. And artificial intelligence programming is itself even more complicated and, at the same time, fascinating.

Development Side of AI

There is a plenty of AI programming languages that developers can choose, among them specialized languages like AIML, IPL, Smalltalk, Haskell, Wolfram, as well as more common ones, such as Python, Java and C++. Some of them are used for general AI development, while others are used for specific AI technologies. If we take Java AI programming, it is mostly used for machine learning, sensor networks and multi-robot systems. And Python is common for natural language and text processing.

Of course, there are lots of tutorials and guides on AI development. However, if you are intending to create an AI product or implement this technology to your business, it is better to hire developers experienced particularly in AI programming and neural networks, having finished projects behind their backs. We at Qubit Labs are ready to help you to hire a talented AI developer. Alternatively, we can open an R&D office for your AI project in Ukraine.

Just consider looking at your startup or company more closely and think: which of the processes could have been automated? How would it reduce your expenses and help stand out among competitors? If you cannot imagine robots in your office space, remember, the future is happening now. You want to be a part of it, don’t you?

How Many AI Developers Are There in Ukraine?

Recent data suggests that there are over 130K software developers in Ukraine — an impressive number which puts the country way ahead of the rest of Europe in terms of tech talent.

Let’s compare two pools of programmers in Ukraine: there are 800+ available CVs of iOS developers while the quantity of AI experts about 8 (!) times lower.

Rumors have it that smart machines will reduce the need for software developer but our market research on Artificial Intelligence proves the opposite – the demand is only growing.

If you visit forums you’ll find people complaining it’s almost impossible to hire an AI developer for a reasonable price, actually even if you’re ready to pay big money you have a big chance of facing the problem of inexperienced newbies with no implemented projects and, in fact, no equipment to implement it. Some experts even recommend to address to development institutes to look for an employee there. For you to understand, what hiring process is here John Rampton’s experience with looking for a programmer, “There are a lot of programmers out there, so how can you be certain you’ve found the best? When 2014 transitioned to 2015, I spent an entire quarter searching for the ultimate programmer. I posted ads everywhere, spending up to $6,000 in this search.” Though he didn’t specify what kind of developer he needed, you can get the idea how money and time-consuming the search is.

Speaking about Ukrainian AI market in particular, the research shows that the last 3 years were prolific for the industry. AI and machine learning technologies are used by such Ukrainian companies like world-known Grammarly that created a writing app for correcting mistakes or Scorto, a risk management solutions provider. We’ve counted about 50 that were successfully carried out here which proves the high level of expertise of the local AI developers.

Qubit Labs offers you an easier solution for picking the right candidate for your project. Generally speaking, all you need is to send us a job description, and in a month you get your AI team working on your task with all the necessary tools for development, communication and management. Have a look at our AI research and read a detailed description of hiring procedure with Qubit Labs.