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Key people at SoftServe.
SoftServe operates as a global technology company, delivering comprehensive digital advisory and software development services. It specializes in guiding enterprises through digital transformation, crafting bespoke solutions across cloud computing, artificial intelligence and machine learning, big data analytics, and robust cybersecurity frameworks. The company leverages its deep technical expertise to architect and implement advanced technological capabilities, enabling clients to modernize operations and enhance digital offerings.
The company was co-founded in 1993 by Yaroslav Lyubinets and Taras Kytsmey in Lviv, Ukraine. Both were post-graduate students from Lviv Polytechnic who recognized the burgeoning global demand for specialized software engineering and IT consultancy. Their foundational insight centered on bridging the gap between emerging technological advancements and practical business applications, leading to the establishment of a firm dedicated to innovation.
SoftServe primarily serves enterprise clients across diverse industries, including financial services, healthcare, retail, and media, assisting them in solving complex business challenges with technology. Its long-term vision is to be a strategic partner for businesses seeking to navigate the intricacies of the evolving digital landscape, empowering them to drive innovation, optimize performance, and achieve their strategic objectives through transformative digital solutions.
Key people at SoftServe.
SoftServe is a premier global IT consulting and digital services provider, specializing in software development, digital engineering, data analytics, cloud, AI/ML, and IoT solutions for enterprise clients.[1][2][4] Founded in 1993 in Ukraine, it has grown into one of Eastern Europe's largest IT firms with over 13,000 employees across 38 offices in 15 countries, including the US (headquartered in Austin, Texas), UK, Canada, Ukraine, and others, generating approximately $2.5-2.7 billion in annual revenue.[1][2][3][5] The company serves Fortune 500 clients in sectors like financial services, healthcare, life sciences, retail, energy, manufacturing, high tech, and media, delivering over 10,000 projects with a focus on innovative technologies to solve complex business challenges.[1][2][3][4]
SoftServe's growth momentum is strong, marked by rapid expansion—hiring over 500 employees in Ukraine alone in 2020—and ongoing recruitment with hundreds of vacancies worldwide.[1] Recent innovations include a Gen AI solution for drug discovery built with NVIDIA Blueprints, unveiled at AWS re:Invent 2024, underscoring its momentum in AI-driven enterprise transformation.[3]
SoftServe was founded in 1993 in Lviv, Ukraine, by six young entrepreneurs—Yuriy Vasylyk, Igor Mendzebrovski, Taras Kitsmey, Yaroslav Lyubinets, Taras Vervega, and Oleh Denys—while studying at Rensselaer Polytechnic Institute’s business incubator.[1][5] Starting with a slow internet connection and immense enthusiasm, they bootstrapped the company amid post-Soviet economic challenges, focusing initially on software development.[1]
Early traction came quickly: by 2000, they opened their first US office, and in 2003, Microsoft founder Bill Gates showcased their RE3W application (built on Microsoft .NET for real estate) at an annual conference.[1] This propelled partnerships with giants like Panasonic, IBM, and Cisco. From five founders in Lviv, SoftServe evolved into a global powerhouse with over 11,000 employees by its 30th anniversary in 2023, maintaining strong Ukrainian roots while expanding internationally.[1][5]
SoftServe rides the wave of digital transformation and AI adoption, capitalizing on enterprise demand for AI/ML, cloud migration, and IoT amid Industry 4.0 trends.[1][2][3] Its timing is ideal: originating in Eastern Europe's burgeoning tech talent pool (especially Ukraine), it scaled globally during the cloud and AI booms, partnering with hyperscalers like AWS and NVIDIA to deliver competitive edges in high-stakes sectors like healthcare and manufacturing.[1][2][3]
Market forces favoring SoftServe include talent shortages in the West, nearshoring preferences for cost-effective Eastern European expertise, and accelerating Gen AI needs—as seen in its 2024 drug discovery tool.[3] It influences the ecosystem by upskilling thousands via SoftServe University, sponsoring tech journalism (e.g., IT Fellowship), and supporting Ukrainian causes like medical aid, while bridging US enterprises with global innovation hubs.[1][4]
SoftServe is poised for continued hypergrowth, targeting further AI, Gen AI, and cloud expansions with 700+ vacancies signaling aggressive hiring.[1][2] Trends like AI democratization in drug discovery, sustainable IoT, and edge computing will shape its trajectory, bolstered by its dual HQ in Austin and Lviv for agile, cost-optimized delivery.[3][5] Its influence may evolve from service provider to AI solution innovator, potentially deepening enterprise partnerships and M&A in high-tech verticals—cementing its role as a bridge between Eastern talent and Western scale, much like its journey from a Lviv incubator to global IT leader.
