In April 2014, Ciklum, together with other IT companies operating in Ukraine, initiated the launch of Brain Basket Foundation to fund free trainings for those who wish to study programming. This initiative is aimed at developing Ukraine's $2 billion IT Industry towards a goal of generating $10 billion in annual revenue and creating 100,000 jobs by 2020.[20][21] Ciklum has pledged $100,000 to the program.[22]
Ciklum provides services including custom development, quality engineering, data & analytics, Robotic Process Automation, Product development and Consulting.[24]
Ciklum provides teams, project-based services, and peak resources on a short-term basis. Ciklum key clients are eToro, Just Eat, Betsson, and TUI.[25][26][27]
Historyedit
Ciklum was founded in 2002[1][2] by Danish native Torben Majgaard who chaired[28] the Board by 2019, in Kyiv, Ukraine. Since then, the company has grown to over 3,500 employees.[3][4][29]
In 2009, Ciklum buys main business activities from Mondo's bankruptcy.[30][31]
In 2011, Ciklum acquires 50% of SCR Gruppen (Denmark).[32]
In 2013, Ciklum acquires Danish IT outsourcing provider Kuadriga.[33]
In 2015, George Soros's Ukrainian Redevelopment Fund acquired a significant stake in Ciklum.[34]
In 2017, Michael Boustridge was appointed CEO.
In 2019, Ciklum raised a new investment led by Dragon Capital with AVentures Capital co-investment.[35]
Since April 2023, Ciklum's CEO has been Raj Radhakrishnan.
In 2022, since the beginning of the Russian invasion, the company's top management and Ciklum investors have personally directed more than ₴40 million to organizations that help the Armed Forces and citizens of the country who suffered as a result of the war.[36] Separately, Ciklum allocated ₴1.5 million to finance the Ukrainian army.[37] In addition, Ciklum continued to develop the from Patriots to Patriots program for donations from employee income. It means the company will double the collected funds and direct them to support the army.[37]
^"De bedste it-virksomheder i Ukraine er danske". Computerworld (in Danish). 2010-11-24. Retrieved 2020-05-25.
^"Prospect of war in Ukraine raises concerns over outsourcing industry". Computerworld UK. 2014. Archived from the original on 12 July 2015. Retrieved 15 June 2015.
^"Эхо Майдана: как живет украинский бизнес после революции". Forbes (in Russian). 2014. Retrieved 15 June 2015.
^"Just Eat builds in-house IT workforce in Ukraine". Computer Weekly. 2014. Retrieved 15 June 2015.
^"Business-to-business IT University BIONIC University to complete work". Ufuture. 2017-12-08. Retrieved 2019-08-29.
^"Bionic University Opens at Kyiv Mohyla Academy an Academic-Corporate Partnership - U.S.-Ukraine Business Council (USUBC)". www.usubc.org. Retrieved 2019-08-29.
^"BIONIC University Starts Working in the Test Mode". Bionic University. 2012. Archived from the original on 29 May 2015. Retrieved 15 June 2015.
^"TECH Summer School launched!". Bionic University. 2014. Archived from the original on 11 July 2015. Retrieved 15 June 2015.
^"BIONIC University Students develop programs for Dutch companies". Bionic University. 2014. Archived from the original on 9 July 2015. Retrieved 15 June 2015.
^"У Києві запрацював відкритий IT-університет" (in Ukrainian). BIONIC Hill. 2013. Archived from the original on 9 July 2015. Retrieved 15 June 2015.
^"BIONIC University Establishes an International Supervisory Board". BIONIC University. May 2014. [verification needed]
^"How tech innovations and partnerships can help Ukraine reach new goals". Ukraine Digital News. 2014. Retrieved 15 June 2015.
^"Silicon Valley gets taste of Ukraine's IT world during UTGem conference". Kyiv Post. 2014. Retrieved 15 June 2015.
^"BrainBasket Foundation prepares tech specialists to boost the market". Kyiv Post. 2015. Retrieved 15 June 2015.
^"Ukraine House to open in Davos during WEF - media". UNIAN.NET. 2018. Retrieved 2 April 2018.