Ukraine’s IT industry will be combatting a slowdown due to the coronavirus epidemic

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Through September, Ukraine’s IT industry will be combatting a slowdown due to the coronavirus epidemic, Konstantun Vasyuk, executive director of IT Ukraine Association, predicts to UNIAN.

“We will have to work in conditions of budget optimization and, possibly, changing business models – we see mass events being canceled, companies are switching to a remote mode of operation and revising contracts,” he said.

In a survey of 24 IT companies late last week:  92% of companies canceled business trips abroad; 88% canceled large meetings; and 71% — switched to online, video conferencing for meetings.

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