Ciklum

Last updated
Ciklum
Company typePrivate
Industry Software engineering, IT consulting
Founded2002. [1] [2]
Headquarters London, United Kingdom
Area served
Globally
ServicesCustom Software Development
Number of employees
4,500. [3] [4]

Ciklum is an international software development [3] and IT outsourcing [5] company founded in Denmark [6] in 2002. [7] It is headquartered in London, United Kingdom. [3] [8] [9] [10]

Contents

The company has software development centers and branch offices in India, United Kingdom, United States, United Arab Emirates, Spain, Switzerland, Denmark, Israel, Poland, Ukraine, [11] and Pakistan. [1] [12]

Social responsibility and educational initiatives

In 2011, Ciklum partnered together with other companies in order to create BIONIC Hill Innovation Park - a Ukrainian innovation park constructed similarly to the Silicon Valley. [13] [14]

In September 2012, Ciklum co-launched BIONIC University, the first Ukrainian intercorporate IT university working on the premises of National University of Kyiv-Mohyla Academy. [15] [16] [17] [18] The University prepares IT specialists of a new formation, who were globally competitive yet aiming at professional fulfillment in Ukraine. [19]

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]

In January 2018, Ciklum supported the first-ever Ukraine House in Davos during the 2018 World Economic Forum. [23]

Clients and services

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]

History

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]

See also

Related Research Articles

<span class="mw-page-title-main">Kyiv</span> Capital of Ukraine

Kyiv is the capital and most populous city of Ukraine. It is in north-central Ukraine along the Dnieper River. As of 1 January 2022, its population was 2,952,301, making Kyiv the seventh-most populous city in Europe. Kyiv is an important industrial, scientific, educational, and cultural center in Eastern Europe. It is home to many high-tech industries, higher education institutions, and historical landmarks. The city has an extensive system of public transport and infrastructure, including the Kyiv Metro.

<span class="mw-page-title-main">Rinat Akhmetov</span> Ukrainian oligarch

Rinat Leonidovych Akhmetov is a Ukrainian billionaire and businessman. He is the founder and president of System Capital Management (SCM), and is the wealthiest man in Ukraine. As of June 2024, he was listed as the 785th richest person in the world with an estimated net worth of US$4 billion. Since 2014, his Foundation has provided 13 million food kits to the residents of Ukraine, and aid has reached more than 18 million people.

<span class="mw-page-title-main">Hryhoriy Surkis</span> Ukrainian businessman

Hryhoriy Surkis is a Ukrainian businessman, one of five vice-presidents of UEFA since 24 May 2013. Surkis was the president of Football Federation of Ukraine until September 2012.

<span class="mw-page-title-main">DTEK</span> Ukrainian energy company

DTEK is the largest private investor in the energy industry in Ukraine. The company's enterprises generate electricity at solar, wind and thermal power plants; extract coal and natural gas, trade energy products in the Ukrainian and foreign markets, distribute and supply electricity to consumers, and develop a grid of supercharger stations for e-vehicles.

<span class="mw-page-title-main">Infopulse Ukraine</span> IT company in Poland

Infopulse is an international software development, IT operations and IT outsourcing company headquartered in Łódź, Poland. As of December 2023, the company has 2,000+ specialists and several software development centers, sales centers, and branch offices in 7 countries across Western and Eastern Europe and the Americas.

<span class="mw-page-title-main">Andreas Umland</span> German political scientist (born 1967)

Andreas Umland is a German political scientist studying contemporary Russian and Ukrainian history as well as regime transitions. He has published on the post-Soviet extreme right, municipal decentralization, European fascism, post-communist higher education, East European geopolitics, Ukrainian and Russian nationalism, the Donbas and Crimea conflicts, as well as the neighborhood and enlargement policies of the European Union. He is a Senior Expert at the Ukrainian Institute for the Future in Kyiv as well as a research fellow at the Swedish Institute for International Affairs in Stockholm. He lives in Kyiv, and teaches as an Associate Professor of Politics at the National University of Kyiv-Mohyla Academy. In 2005–2014, he was involved in the creation of a Master's program in German and European Studies administered jointly by the Kyiv-Mohyla Academy and Jena University.

<span class="mw-page-title-main">BIONIC Hill Innovation Park</span> First Ukrainian innovation park being constructed similarly to the Silicon Valley

BIONIC Hill is the first Ukrainian innovation park being constructed similarly to the Silicon Valley. Estimated project investment is to reach 1 billion US dollars.

<span class="mw-page-title-main">Andriy Kolodyuk</span> Ukrainian businessman

Andriy Kolodyuk is a Ukrainian entrepreneur and an investor. The founder of the Aventures Capital Venture Fund and OTT service Divan.tv.

<span class="mw-page-title-main">Mohammad Zahoor</span> Ukraine-based British-Pakistani businessman and philanthropist (born 1955)

Mohammad Zahoor is a Ukraine-based British-Pakistani businessman and philanthropist. He is the founder and owner of the ISTIL Group, a diversified trading company that included a steel mill in Donetsk, which he sold in 2009 for between US$700 million and US$1 billion; a former owner of the Kyiv Post, which he sold for approximately $5 million; and a co-founder of the Ukrainian YUNA music awards.

<span class="mw-page-title-main">Oleksiy Pavlenko</span> Ukrainian politician and businessman

Oleksiy Mykhaylovych Pavlenko is a Ukrainian businessman and politician who was Minister of Agrarian Policy and Food in the Yatsenyuk Government.

<span class="mw-page-title-main">BIONIC University</span> Ukrainian educational institution

BIONIC University is an IT university located in Kyiv, Ukraine. Founded in 2012, it is considered the first Ukrainian inter-corporate IT university, designed to expose Ukrainian IT students to the corporate world.

<span class="mw-page-title-main">Oleksii Poroshenko</span> Ukrainian politician (born 1985)

Oleksii Petrovych Poroshenko is a Ukrainian politician and diplomat. He is a former People's Deputy of Ukraine and is the son of former president Petro Poroshenko.

<span class="mw-page-title-main">Igor Kononenko</span> Ukrainian businessman and politician

Ihor Vitaliiovych Kononenko is a Ukrainian businessman and politician.

<span class="mw-page-title-main">Oksana Markarova</span> Ukrainian politician and economist (born 1976)

Oksana Serhiyivna Markarova is a Ukrainian politician and the current Ambassador of Ukraine to the United States since February 2021. Markarova is also a former Minister of Finance in the government of Volodymyr Groysman and Oleksiy Honcharuk. In 2001, she completed a master's degree in Public Finance and Trade at Indiana University.

Biopharma is the Ukrainian pharmaceutical company focused on the development and production of drugs based on human plasma.

<span class="mw-page-title-main">Maryna Tkachuk</span> Ukrainian philosopher

Maryna Tkachuk is a Ukrainian historian of philosophy, Dean of Faculty of Humanities of National University of Kyiv-Mohyla Academy. She was awarded the state award "Honoured Figure of Science and Technology of Ukraine" in 2015.

<span class="mw-page-title-main">Wolf Theiss</span> Austrian law firm

Wolf Theiss is an Austrian law firm with offices in Central, Eastern, and Southeastern Europe. It got prominence in Ukraine due to scandals connected with the help to Russia-orbit businesses and persons, including Gazprom.

Tamaz Valeryanovich Somkhishvili is a Russian and Georgian businessman and sport executive.

<span class="mw-page-title-main">Vovchansk Aggregate Plant</span> Construction aggregate plant in Vovchansk, Ukraine

The Vovchansk Aggregate Plant is a production plant based in the Ukrainian city of Vovchansk in Kharkiv Oblast, that mainly produces hydraulic machinery.

Sergii Fedorovych Koretskyi is a Ukrainian politician and top manager in the oil and gas industry, particularly in the segments of oil extraction, refining, and the wholesale and retail sale of petroleum products (Downstream). Since November 2022, he has served as the Director of PJSC "Ukrnafta" and JSC "Ukrtatnafta."

References

  1. 1 2 3 "De bedste it-virksomheder i Ukraine er danske" (in Danish). Computerworld. 2010. Retrieved 15 June 2015.
  2. 1 2 "Датская IT-компания разработает электронное правительство в Украине" (in Russian). Unian. 2014. Retrieved 15 June 2015.
  3. 1 2 3 4 "Ex-Soviet Programmers Take On India in $48 Billion Market". Bloomberg. 2013. Retrieved 15 June 2015.
  4. 1 2 "Nordic businesses continue to look to Ukraine for IT". Computerweekly. 2015. Retrieved 15 June 2015.
  5. ↑ "Ciklum taps Ukraine's talent pool". Computerweekly. 2011. Retrieved 15 June 2015.
  6. ↑ "Ciklum overtager halvdelen af SCR Gruppen".
  7. ↑ "De bedste it-virksomheder i Ukraine er danske". Computerworld (in Danish). 2010-11-24. Retrieved 2020-05-25.
  8. ↑ "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.
  9. ↑ "Эхо Майдана: как живет украинский бизнес после революции". Forbes (in Russian). 2014. Retrieved 15 June 2015.
  10. ↑ "Ciklum taps Ukraine's talent pool". Computerweekly. 2011. Retrieved 15 June 2015.
  11. ↑ "Power structure Ciklum". Ukrainian software company. 2023-07-06. Retrieved 2023-08-30.
  12. ↑ "Just Eat builds in-house IT workforce in Ukraine". Computer Weekly. 2014. Retrieved 15 June 2015.
  13. ↑ "Business-to-business IT University BIONIC University to complete work". Ufuture. 2017-12-08. Retrieved 2019-08-29.
  14. ↑ "Bionic University Opens at Kyiv Mohyla Academy an Academic-Corporate Partnership - U.S.-Ukraine Business Council (USUBC)". www.usubc.org. Retrieved 2019-08-29.
  15. ↑ "BIONIC University Starts Working in the Test Mode". Bionic University. 2012. Archived from the original on 29 May 2015. Retrieved 15 June 2015.
  16. ↑ "TECH Summer School launched!". Bionic University. 2014. Archived from the original on 11 July 2015. Retrieved 15 June 2015.
  17. ↑ "BIONIC University Students develop programs for Dutch companies". Bionic University. 2014. Archived from the original on 9 July 2015. Retrieved 15 June 2015.
  18. ↑ "У Києві запрацював відкритий IT-університет" (in Ukrainian). BIONIC Hill. 2013. Archived from the original on 9 July 2015. Retrieved 15 June 2015.
  19. ↑ "BIONIC University Establishes an International Supervisory Board". BIONIC University. May 2014.[ verification needed ]
  20. ↑ "How tech innovations and partnerships can help Ukraine reach new goals". Ukraine Digital News. 2014. Retrieved 15 June 2015.
  21. ↑ "Silicon Valley gets taste of Ukraine's IT world during UTGem conference". Kyiv Post. 2014. Retrieved 15 June 2015.
  22. ↑ "BrainBasket Foundation prepares tech specialists to boost the market". Kyiv Post. 2015. Retrieved 15 June 2015.
  23. ↑ "Ukraine House to open in Davos during WEF - media". UNIAN.NET. 2018. Retrieved 2 April 2018.
  24. ↑ "Ciklum". Clutch. 2018. Retrieved 2 April 2018.
  25. ↑ "Just Eat builds in-house IT workforce in Ukraine". Computerweekly. 2014. Retrieved 2 April 2018.
  26. ↑ "Ciklum". Clutch. 2017. Retrieved 2 April 2018.
  27. ↑ "Ciklum". UpFirms. Retrieved 2020-01-15.
  28. ↑ "Ciklum's Torben Majgaard on secrets of IT success". Kyiv Post. 2017. Retrieved 2 April 2018.
  29. ↑ "Ukraine IT industry isolated from political tension and ready to fuel economic growth". Computer Weekly. 2014. Retrieved 15 June 2015.
  30. ↑ "Konkursramte Mondo sælges i bidder til Ciklum og Nordea" (in Danish). Version2. 2009. Retrieved 15 June 2015.
  31. ↑ "Kollapset Mondo splittes op i fire dele" (in Danish). Computerworld. 2009. Retrieved 15 June 2015.
  32. ↑ "Ciklum overtager halvdelen af SCR Gruppen" (in Danish). Computerworld. 2011. Retrieved 15 June 2015.
  33. ↑ "Ciklum купила датскую компанию Kuadriga с центром разработки в Киеве (обновлено)" (in Russian). AIN.UA. 2013. Retrieved 15 June 2015.
  34. ↑ "Фонд Сороса купил долю в Ciklum" (in Russian). AIN.UA. 2015.
  35. ↑ "Ciklum Raises New Investment Led by Dragon Capital With AVentures Capital Co-Investment | InVenture". inventure.com.ua. Retrieved 2023-06-16.
  36. ↑ "За місяць війни Ciklum підтримав Україну на понад 160 млн грн".
  37. 1 2 "ІТ-компанія Ciklum виділила 1.5 млн грн на фінансування української армії". speka.media (in Ukrainian). Retrieved 2022-07-06.
This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.