Ciklum is an international

software development Software development is the process of conceiving, specifying, designing, programming, documenting, testing, and bug fixing involved in creating and maintaining applications, frameworks, or other software components. Software development invol ...

and IT

outsourcing Outsourcing is an agreement in which one company hires another company to be responsible for a planned or existing activity which otherwise is or could be carried out internally, i.e. in-house, and sometimes involves transferring employees and ...

company founded in

Denmark ) , song = ( en, "King Christian stood by the lofty mast") , song_type = National and royal anthem , image_map = EU-Denmark.svg , map_caption = , subdivision_type = Sovereign state , subdivision_name = Danish Realm, Kingdom of Denmark ...

in 2002. It is headquartered in

London London is the capital and largest city of England and the United Kingdom, with a population of just under 9 million. It stands on the River Thames in south-east England at the head of a estuary down to the North Sea, and has been a majo ...

United Kingdom The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Europe, off the north-western coast of the continental mainland. It comprises England, Scotland, Wales and North ...

. The company has software development centers and branch offices in the

United States The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 states, a federal district, five major unincorporated territorie ...

United Arab Emirates The United Arab Emirates (UAE; ar, اَلْإِمَارَات الْعَرَبِيَة الْمُتَحِدَة ), or simply the Emirates ( ar, الِْإمَارَات ), is a country in Western Asia (The Middle East). It is located at th ...

Spain , image_flag = Bandera de España.svg , image_coat = Escudo de España (mazonado).svg , national_motto = ''Plus ultra'' (Latin)(English: "Further Beyond") , national_anthem = (English: "Royal March") , i ...

Switzerland ). Swiss law does not designate a ''capital'' as such, but the federal parliament and government are installed in Bern, while other federal institutions, such as the federal courts, are in other cities (Bellinzona, Lausanne, Luzern, Neuchâtel ...

Israel Israel (; he, יִשְׂרָאֵל, ; ar, إِسْرَائِيل, ), officially the State of Israel ( he, מְדִינַת יִשְׂרָאֵל, label=none, translit=Medīnat Yīsrāʾēl; ), is a country in Western Asia. It is situated ...

Poland Poland, officially the Republic of Poland, is a country in Central Europe. It is divided into 16 administrative provinces called voivodeships, covering an area of . Poland has a population of over 38 million and is the fifth-most populous ...

Ukraine Ukraine ( uk, Україна, Ukraïna, ) is a country in Eastern Europe. It is the second-largest European country after Russia, which it borders to the east and northeast. Ukraine covers approximately . Prior to the ongoing Russian inv ...

, and

Pakistan Pakistan ( ur, ), officially the Islamic Republic of Pakistan ( ur, , label=none), is a country in South Asia. It is the world's List of countries and dependencies by population, fifth-most populous country, with a population of almost 24 ...

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 Silicon Valley is a region in Northern California that serves as a global center for high technology and innovation. Located in the southern part of the San Francisco Bay Area, it corresponds roughly to the geographical areas San Mateo County ...

. In September 2012, Ciklum co-launched

BIONIC University BIONIC University (IT university of Vasyl Khmelnytsky) is the first Ukrainian inter-corporate IT university founded in 2012. About The main objective of BIONIC University is to prepare IT specialists of a new formation who are globally competi ...

, the first Ukrainian intercorporate IT university working on the premises of

National University of Kyiv-Mohyla Academy National University of Kyiv-Mohyla Academy ( NaUKMA) ( uk, Національний університет «Києво-Могилянська академія» (НаУКМА)) is a national, research university located in Kyiv, Ukraine. The ...

. The University prepares IT specialists of a new formation, who were globally competitive yet aiming at professional fulfillment in

. In April 2014, Ciklum, together with other IT companies operating in

, 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. Ciklum has pledged $100,000 to the program. In January 2018, Ciklum supported the first-ever Ukraine House in

Davos , neighboring_municipalities= Arosa, Bergün/Bravuogn, Klosters-Serneus, Langwies, S-chanf, Susch , twintowns = } Davos (, ; or ; rm, ; archaic it, Tavate) is an Alpine resort town and a municipality in the Prättigau/Davos R ...

during the 2018

World Economic Forum The World Economic Forum (WEF) is an international non-governmental and lobbying organisation based in Cologny, canton of Geneva, Switzerland. It was founded on 24 January 1971 by German engineer and economist Klaus Schwab. The foundation, ...

Clients and services

Ciklum provides services including custom development, quality engineering, data & analytics, Robotic Process Automation, Product development and Consulting. Ciklum provides teams, project-based services, and peak resources on a short-term basis. Ciklum key clients are

eToro eToro is an Israeli social trading and multi-asset Investment management, investment company that focuses on providing Financial trading, financial and copy trading services. Its headquarters are located in Central District (Israel), Central I ...

Just Eat Just Eat (formerly known legally as Just Eat plc) is an online food order and delivery brand of Netherlands-based Just Eat Takeaway.com, and a former food delivery company. Just Eat was founded as a separate company in 2001 in Kolding, Denmark ...

, Betsson, and TUI.

History

Ciklum was founded in 2002 by Danish native Torben Majgaard who chaired the Board by 2019, in

Kyiv Kyiv, also spelled Kiev, is the capital and most populous city of Ukraine. It is in north-central Ukraine along the Dnieper, Dnieper River. As of 1 January 2021, its population was 2,962,180, making Kyiv the List of European cities by populat ...

. Since then, the company has grown to over 3,500 employees. In 2009, Ciklum buys main business activities from Mondo's bankruptcy. In 2011, Ciklum acquires 50% of SCR Gruppen (

). In 2013, Ciklum acquires Danish IT outsourcing provider Kuadriga. In 2015,

George Soros George Soros ( name written in eastern order), (born György Schwartz, August 12, 1930) is a Hungarian-American businessman and philanthropist. , he had a net worth of US$8.6 billion, Note that this site is updated daily. having donated mo ...

's Ukrainian Redevelopment Fund acquired a significant stake in Ciklum. In 2017, Michael Boustridge was appointed CEO. In 2019, Ciklum raised a new investment led by Dragon Capital with AVentures Capital co-investment. Since February 2020, Ciklum's CEO has been Kulraj Smagh. In 2022, since the beginning of the Russian invasion, the company's top management and Ciklum investors have personally directed more than UAH 40 million to organizations that help the Armed Forces and citizens of the country who suffered as a result of the war. Separately, Ciklum allocated UAH 1.5 million to finance the Ukrainian army. 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.

References

{{Reflist, 30em Software companies of Ukraine Development software companies Software companies established in 2002 Outsourcing companies Software companies of Denmark Software companies of the United Kingdom 2002 establishments in the United Kingdom

Social responsibility and educational initiatives

Clients and services

History

See also

References