Ukraine’s $6.8 billion information technology (IT) sector is at great risk amid the current conflict with Russia. Kerry Hallard, Chief Executive of trade group Global Sourcing Association, said the war could have “massive repercussions” because Ukraine is a major provider of IT services to multinational banking, insurance, and other financial services operations firms. According to a 2021 report by the  IT Ukraine Association, the country is a “breeding ground” for software development talent with over 200,000 professionals in the industry. Artificial intelligence (AI)-driven tool Grammarly, freelance platform Fiverr, productivity app Readdle are just among many applications developed in Ukraine.

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