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{{Short description|Software company in United Kingdom}}
{{AFC submission|t||ts=20150609113725|u=Nikols70|ns=118}} <!--- Important, do not remove this line before article has been created. --->
{{COI|date=February 2019}}
'''Ciklum''' is a global provider of [[software engineering]] and [[IT consulting]] services headquartered in [[Kyiv]], [[Ukraine]]. The company specializes in IT services and is one of the largest outsourcing, consulting and custom software development providers in [[Eastern Europe]]<ref name="about">{{cite web|title=About Сiklum |url=http://www.ciklum.com/about-ciklum/}}</ref><ref name="exsoviet">{{cite web|title=Ex-Soviet Programmers Take On India in $48 Billion Market |url=http://www.bloomberg.com/news/articles/2013-09-16/ex-soviet-programmers-take-on-india-in-48-billion-market}}</ref><ref name="profile">{{cite web|title=Company Overview of Ciklum ApS |url=http://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=113663713}}</ref>.
{{Infobox company
| type = Private
| name = Ciklum
| founded = 2002.<ref name="date">{{cite news|title=De bedste it-virksomheder i Ukraine er danske |url=https://www.computerworld.dk/art/112345/de-bedste-it-virksomheder-i-ukraine-er-danske |year=2010 |language= Danish |publisher= Computerworld |accessdate=15 June 2015}}</ref><ref name="unian">{{cite news|title=Датская IT-компания разработает электронное правительство в Украине |url=http://www.unian.net/science/920173-datskaya-it-kompaniya-razrabotaet-elektronnoe-pravitelstvo-v-ukraine.html |year=2014 |publisher= Unian |accessdate=15 June 2015 |language= Russian}}</ref>
| location = [[London]], [[United Kingdom]]
| area_served = Globally
| num_employees = 4,500.<ref name="bloomberg">{{cite news|title=Ex-Soviet Programmers Take On India in $48 Billion Market |url=https://www.bloomberg.com/news/articles/2013-09-16/ex-soviet-programmers-take-on-india-in-48-billion-market |year=2013 |publisher= Bloomberg |accessdate=15 June 2015 }}</ref><ref name="computerw">{{cite news|title=Nordic businesses continue to look to Ukraine for IT |url=http://www.computerweekly.com/news/4500244109/Nordic-business-continues-to-look-to-Ukraine-for-IT |year=2015 |publisher= Computerweekly |accessdate=15 June 2015 }}</ref>
| industry = [[Software engineering]], [[IT consulting]]
| services = Custom Software Development
| homepage =
}}


'''Ciklum''' is an international [[software development]]<ref name="bloomberg" /> and IT [[outsourcing]]<ref>{{cite news|title=Ciklum taps Ukraine's talent pool |url=http://www.computerweekly.com/news/1280097371/Outsourcing-in-the-Ukraine-benefits-and-drawbacks |year=2011 |publisher= Computerweekly |accessdate=15 June 2015}}</ref> company founded in [[Denmark]]<ref>{{Cite web|title=Ciklum overtager halvdelen af SCR Gruppen|url=https://datacvr.virk.dk/enhed/virksomhed/26768624?fritekst=Ciklum&sideIndex=0&size=10}}</ref> in 2002.<ref>{{Cite web|title=De bedste it-virksomheder i Ukraine er danske|url=https://www.computerworld.dk/art/112345/de-bedste-it-virksomheder-i-ukraine-er-danske|date=2010-11-24|website=Computerworld|language=da|access-date=2020-05-25}}</ref> It is headquartered in [[London]], [[United Kingdom]].<ref name="bloomberg"/><ref name="UK">{{cite news |title=Prospect of war in Ukraine raises concerns over outsourcing industry |url=http://www.computerworlduk.com/news/it-business/prospect-of-war-in-ukraine-raises-concerns-over-outsourcing-industry-3504973/ |year=2014 |publisher=Computerworld UK |accessdate=15 June 2015 |archive-date=12 July 2015 |archive-url=https://web.archive.org/web/20150712025655/http://www.computerworlduk.com/news/it-business/prospect-of-war-in-ukraine-raises-concerns-over-outsourcing-industry-3504973/ |url-status=dead }}</ref><ref>{{cite news|title=Эхо Майдана: как живет украинский бизнес после революции |url=http://www.forbes.ru/sobytiya/biznes/273903-ekho-maidana-kak-zhivet-ukrainskii-biznes-posle-revolyutsii|year=2014 |language= Russian |work= Forbes |accessdate=15 June 2015}}</ref><ref>{{cite news|title=Ciklum taps Ukraine's talent pool |url=http://www.computerweekly.com/feature/Why-more-businesses-are-nearshoring-in-Eastern-Europe |year=2011 |publisher= Computerweekly |accessdate=15 June 2015}}</ref>
⚫
The company has software development centers and branch offices in the [[United States]], [[UK]], [[Switzerland]], [[Denmark]], [[Israel]], [[Spain]], [[Ukraine]], [[Belarus]]<ref name="Just">{{cite web|title=Just Eat builds in-house IT workforce in Ukraine |url=http://www.computerweekly.com/news/2240222606/Just-Eat-building-an-in-house-IT-workforce-in-Ukraine-without-direct-presence}}</ref>, [[Romania]] and [[Pakistan]]<ref>{{cite web|title=Ciklum global locations |url=http://www.ciklum.com/contact-us/}}</ref>.


⚫
The company has software development centers and branch offices in [[India]], [[United Kingdom]], [[United States]], [[United Arab Emirates]], [[Spain]], [[Switzerland]], [[Denmark]], [[Israel]], [[Poland]], [[Ukraine]],<ref>{{cite web|url=https://opendatabot.ua/c/31902643 |title=Power structure Ciklum |publisher=Ukrainian software company |date=2023-07-06 |access-date=2023-08-30}}</ref> and [[Pakistan]].<ref name="date"/><ref name="Just">{{cite news|title=Just Eat builds in-house IT workforce in Ukraine |url=http://www.computerweekly.com/news/2240222606/Just-Eat-building-an-in-house-IT-workforce-in-Ukraine-without-direct-presence |year=2014 |publisher= Computer Weekly |accessdate=15 June 2015}}</ref>
Existing Ciklum’s clients include [[Just Eat|JustEat]]<ref name="Just" />, [[Jabra (headset)|Jabra]], [[Berlingske Media]]<ref>{{cite web|title=Ciklum Establishes a Dedicated Development Team for Berlingske Media in Ukraine |url=http://www.pressebox.com/pressrelease/ciklum/Ciklum-Establishes-a-Dedicated-Development-Team-for-Berlingske-Media-in-Ukraine/boxid/345095}}</ref><ref>{{cite web|title=Comparative Agile Measurement System from Ciklum |url=http://outsourcing-journal.org/it-outsourcing/it-sw-development/737-comparative-agile-measurement-system-from-ciklum}}</ref>, LoopMe, [[MusicQubed]], Ideaworks/Marmalade, [[EFG Bank]], [[Betsson]] among others<ref>{{cite web|title=Our clients |url=http://www.ciklum.com/clients/}}</ref>.


==Social responsibility and educational initiatives==
⚫
==History==
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]].<ref>{{Cite web|url=https://ufuture.com/business-business-university-bionic-university-complete-work/|title=Business-to-business IT University BIONIC University to complete work|date=2017-12-08|website=Ufuture|language=en-US|access-date=2019-08-29}}</ref><ref>{{Cite web|url=http://www.usubc.org/site/member-news/bionic-university-opens-at-kyiv-mohyla-academy-an-academic-corporate-partnership|title=Bionic University Opens at Kyiv Mohyla Academy an Academic-Corporate Partnership - U.S.-Ukraine Business Council (USUBC)|website=www.usubc.org|access-date=2019-08-29}}</ref>


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]].<ref>{{cite news |title=BIONIC University Starts Working in the Test Mode |url=http://bionic-university.com/en/news/bionic_university_nachinaet_svoyu_rabotu |year=2012 |publisher=Bionic University |accessdate=15 June 2015 |archive-url=https://web.archive.org/web/20150529222357/http://bionic-university.com/en/news/bionic_university_nachinaet_svoyu_rabotu/ |archive-date=29 May 2015 |url-status=dead }}</ref><ref>{{cite news |title=TECH Summer School launched! |url=http://bionic-university.com/en/news/tech_summer_school_launched |year=2014 |publisher=Bionic University |accessdate=15 June 2015 |archive-url=https://web.archive.org/web/20150711200948/http://bionic-university.com/en/news/tech_summer_school_launched/ |archive-date=11 July 2015 |url-status=dead }}</ref><ref>{{cite news |title=BIONIC University Students develop programs for Dutch companies |url=http://bionic-university.com/en/news/BU_Rotterdam_joint_project/ |year=2014 |publisher=Bionic University |accessdate=15 June 2015 |archive-url=https://web.archive.org/web/20150709123349/http://bionic-university.com/en/news/BU_Rotterdam_joint_project/ |archive-date=9 July 2015 |url-status=dead }}</ref><ref>{{cite news |title=У Києві запрацював відкритий IT-університет |url=http://www.bionic-hill.com/uk/news/u_kievi_zapracuvav_vidkritiy_it_universitet/ |language=Ukrainian |year=2013 |publisher=BIONIC Hill |accessdate=15 June 2015 |archive-url=https://web.archive.org/web/20150709094338/http://www.bionic-hill.com/uk/news/u_kievi_zapracuvav_vidkritiy_it_universitet/ |archive-date=9 July 2015 |url-status=dead }}</ref> The University prepares IT specialists of a new formation, who were globally competitive yet aiming at professional fulfillment in [[Ukraine]].<ref>{{Cite web |url=http://bionic-university.com/en/news/establishes_an_isb/|title=BIONIC University Establishes an International Supervisory Board|publisher=[[BIONIC University]]|date=May 2014}} {{verify source |date=September 2019 |reason=This ref was deleted Special:Diff/913037093 by a bug in VisualEditor and later restored by a bot from the original cite located at Special:Permalink/913036830 cite #26 - verify the cite is accurate and delete this template. [[User:GreenC bot/Job 18]]}}</ref>
⚫
Ciklum was founded in 2002<ref name="about"/> by Danish native Torben Majgaard<ref name="profile"/>, current CEO, in [[Kyiv]], [[Ukraine]]. Since then, the company has grown to approximately 2,500 employees<ref name="exsoviet" /><ref>{{cite web|title=Ukraine IT industry isolated from political tension and ready to fuel economic growth |url=http://www.computerweekly.com/blogs/outsourcing/2014/05/ukraine-it-industry-isolated-from-political-tension-and-ready-to-fuel-economic-growth.html}}</ref><ref>{{cite web|title=Nordic businesses continue to look to Ukraine for IT |url=http://www.computerweekly.com/news/4500244109/Nordic-business-continues-to-look-to-Ukraine-for-IT}}</ref>, located globally across 10 countries.


⚫
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.<ref>{{cite news|title=How tech innovations and partnerships can help Ukraine reach new goals |url=http://uadn.net/2014/09/26/how-tech-innovations-and-partnerships-can-contribute-to-reach-new-goals-of-ukraines-development |year=2014 |publisher= Ukraine Digital News |accessdate=15 June 2015}}</ref><ref>{{cite news|title=Silicon Valley gets taste of Ukraine's IT world during UTGem conference |url=http://www.kyivpost.com/content/business/silicon-valley-gets-taste-of-ukraines-it-world-during-utgem-conference-365999.html?flavour=full |year=2014 |publisher= Kyiv Post |accessdate=15 June 2015}}</ref> Ciklum has pledged $100,000 to the program.<ref>{{cite news|title=BrainBasket Foundation prepares tech specialists to boost the market |url=http://www.kyivpost.com/content/business/brain-basket-foundation-prepares-tech-specialists-to-boost-the-market-376529.html |year=2015 |publisher= Kyiv Post |accessdate=15 June 2015}}</ref>
In 2003, Ciklum develops its “Client’s Own Team” model; introduces model to the public.


In January 2018, Ciklum supported the first-ever Ukraine House in [[Davos]] during the 2018 [[World Economic Forum]].<ref>{{cite news|title=Ukraine House to open in Davos during WEF - media |url=https://economics.unian.info/2357743-ukraine-house-to-open-in-davos-during-wef-media.html |year=2018 |publisher= UNIAN.NET |accessdate=2 April 2018}}</ref>
In 2009, Ciklum buys main business activities from Mondo's bankruptcy<ref>{{cite web|title=Ciklum Buys Main Activities from Mondo's Bankruptcy |url=http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aGpARrYcc6cc}}</ref>. Same year, Ciklum acquires a profile group in [[Pakistan]]; opens a new delivery center in the same area.


==Clients and services==
In 2011, Ciklum acquires 50% of SCR Gruppen ([[Denmark]])<ref>{{cite web|title=Ciklum acquires 50% stake in SCR Gruppen |url=http://www.alacrastore.com/storecontent/MarketLine-Financial-Deals/Ciklum-acquires-50-stake-in-SCR-Gruppen-2052-56664}}</ref><ref>{{cite web|title=Ciklum Acquires Part Of SCR Gruppen |url=http://www.prlog.org/11317753-ciklum-acquires-part-of-scr-gruppen.html}}</ref>.
Ciklum provides services including custom development, quality engineering, data & analytics, Robotic Process Automation, Product development and Consulting.<ref>{{cite news|title=Ciklum |url=https://clutch.co/profile/ciklum |year=2018 |publisher= Clutch |accessdate=2 April 2018}}</ref>

Ciklum provides teams, project-based services, and peak resources on a short-term basis. Ciklum key clients are [[eToro]], [[Just Eat]], [[Betsson]], and [[TUI Group|TUI]].<ref>{{cite news|title=Just Eat builds in-house IT workforce in Ukraine |url=http://www.computerweekly.com/news/2240222606/Just-Eat-building-an-in-house-IT-workforce-in-Ukraine-without-direct-presence |year=2014 |publisher= Computerweekly |accessdate=2 April 2018}}</ref><ref>{{cite news|title=Ciklum |url=https://clutch.co/profile/ciklum |year=2017 |publisher= Clutch |accessdate=2 April 2018}}</ref><ref>{{Cite web|url=https://upfirms.com/company/ua/ciklum/|title=Ciklum|website=UpFirms|language=en-US|access-date=2020-01-15}}</ref>

⚫
==History==


⚫
Ciklum was founded in 2002<ref name="date"/><ref name="unian"/> by Danish native Torben Majgaard who chaired<ref name="kyivpost12">{{cite news|title=Ciklum's Torben Majgaard on secrets of IT success |url=https://www.kyivpost.com/technology/ciklums-torben-majgaard-secrets-success.html |year=2017 |publisher= Kyiv Post |accessdate=2 April 2018}}</ref> the Board by 2019, in [[Kyiv]], [[Ukraine]]. Since then, the company has grown to over 3,500 employees.<ref name="bloomberg" /><ref name="computerw"/><ref>{{cite news|title=Ukraine IT industry isolated from political tension and ready to fuel economic growth |url=http://www.computerweekly.com/blogs/outsourcing/2014/05/ukraine-it-industry-isolated-from-political-tension-and-ready-to-fuel-economic-growth.html |year=2014 |publisher= Computer Weekly |accessdate=15 June 2015}}</ref>
In 2012, Ciklum strengthens its management team and overall efficiency. Company achieves revenue of more than USD 100 million.


In 2013 Ciklum expands its business development operations to [[Israel]] and acquires Danish IT outsourcing provider Kuadriga<ref>{{cite web|title=Ciklum acquires Kuadriga – Danish IT Outsourcing Provider |url=http://pasha.org.pk/2013/04/08/news/ciklum-acquires-kuadriga-danish-it-outsourcing-provider/}}</ref><ref>{{cite web|title=Ciklum styrker sin markedsposition med overtagelsen af Kuadriga |url=http://www.mypresswire.com/dk/pressroom/21441/pressrelease/67515 language=Danish}}</ref>.
In 2009, Ciklum buys main business activities from Mondo's bankruptcy.<ref>{{cite news|title=Konkursramte Mondo sælges i bidder til Ciklum og Nordea |url=http://www.version2.dk/artikel/konkursramte-mondo-saelges-i-bidder-til-ciklum-og-nordea-13139 |year=2009 |language= Danish |publisher= Version2 |accessdate=15 June 2015}}</ref><ref>{{cite news|title=Kollapset Mondo splittes op i fire dele |url=https://www.computerworld.dk/art/54198/kollapset-mondo-splittes-op-i-fire-dele |year=2009 |language= Danish |publisher= Computerworld |accessdate=15 June 2015}}</ref>


In 2011, Ciklum acquires 50% of SCR Gruppen ([[Denmark]]).<ref name="SCR">{{cite news|title=Ciklum overtager halvdelen af SCR Gruppen |url=https://www.computerworld.dk/art/114004/ciklum-overtager-halvdelen-af-scr-gruppen |year=2011 |language= Danish |publisher= Computerworld |accessdate=15 June 2015}}</ref>
In 2014, Ciklum becomes [[Intel Developer Zone|Intel Software]] partner and announces expansion of its global business operations in [[USA]] by opening new office on the [[East Coast of the United States|East Coast]], [[New York]]<ref>{{cite web|title=Ciklum Expands Global Business Operations in the USA |url=http://www.prweb.com/releases/2013/12/prweb11448087.htm}}</ref><ref>{{cite web|title=Ukrainian Outsourcing Firm Lands on America’s East Coast |url=http://www.nearshoreamericas.com/ukrainian-outsourcing-firm-lands-east-coast/}}</ref>. Same year, Ciklum opens a new delivery center in [[Lviv]], [[Ukraine]].


In 2013, Ciklum acquires Danish IT outsourcing provider Kuadriga.<ref>{{cite news|title=Ciklum купила датскую компанию Kuadriga с центром разработки в Киеве (обновлено) |url=http://ain.ua/2013/03/28/118645 |year=2013 |publisher= AIN.UA |accessdate=15 June 2015 |language= Russian}}</ref>
March 2014 Ciklum has set out actions the new national government should take to protect the Ukrainian [[IT industry]] amid political turmoil. Torben Majgaard, CEO at firm Ciklum, has written a heartfelt letter to Ukraine’s economy minister [[Pavlo Sheremeta]], calling for united action to ensure the [[IT industry]] in the country emerges from the turmoil stronger<ref>{{cite web|title=Ukraine IT industry calls for government action to protect sector |url=http://www.computerweekly.com/news/2240216120/Ukraine-IT-industry-calls-for-government-action-to-protect-sector}}</ref>.


In 2015, [[George Soros]]'s Ukrainian Redevelopment Fund acquired a significant stake in Ciklum.<ref>{{cite news|title=Фонд Сороса купил долю в Ciklum |year=2015 |publisher=AIN.UA |language=Russian}}</ref>
⚫
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 into Europe’s IT powerhouse generating $10 billion in annual revenue and creating 100,000 jobs by 2020<ref>{{cite web|title=How tech innovations and partnerships can help Ukraine reach new goals |url=http://uadn.net/2014/09/26/how-tech-innovations-and-partnerships-can-contribute-to-reach-new-goals-of-ukraines-development}}</ref><ref>{{cite web|title=Silicon Valley gets taste of Ukraine’s IT world during UTGem conference |url=http://www.kyivpost.com/content/business/silicon-valley-gets-taste-of-ukraines-it-world-during-utgem-conference-365999.html?flavour=full}}</ref>. Ciklum has pledged $100,000 to the program<ref>{{cite web|title=BrainBasket Foundation prepares tech specialists to boost the market |url=http://www.kyivpost.com/content/business/brain-basket-foundation-prepares-tech-specialists-to-boost-the-market-376529.html}}</ref><ref>{{cite web|title=Ukraine's IT sector launches the Brain Basket Foundation to help restore economy |url=http://www.it-director.com/business/change/news_release.php?rel=44278}}</ref><ref>{{cite web|title=BrainBasket Foundation Established to Restore Ukraine's Economy |url=http://www.prnewswire.com/news-releases/brainbasket-foundation-established-to-restore-ukraines-economy-256988451.html}}</ref>.


In 2017, Michael Boustridge was appointed CEO.
In 2014, Ciklum launches a [[startup-in-residence program in [[Ukraine]]<ref>{{cite web|title=Ciklum to launch a startup-in-residence program in Ukraine |url=http://www.kyivpost.com/content/business/ciklum-to-launch-a-startup-in-residence-program-in-ukraine-365481.html}}</ref>.


In 2019, Ciklum raised a new investment led by Dragon Capital with AVentures Capital co-investment.<ref>{{Cite web |title=Ciklum Raises New Investment Led by Dragon Capital With AVentures Capital Co-Investment {{!}} InVenture |url=https://inventure.com.ua/en/news/ukraine/ciklum-raises-new-investment-led-by-dragon-capital-with-aventures-capital-co-investment |access-date=2023-06-16 |website=inventure.com.ua |language=en}}</ref>
In 2015, Ciklum expands expands its development locations within [[Central Europe|Central]] and [[Eastern Europe]] with a new development center in [[Romania]]<ref>{{cite web|title=Ciklum Bucharest |url=http://www.ciklum.com/about-ciklum/own-development-center-bucharest/}}</ref>. Company also opens a second representative office in [[USA]], [[Boston]].


Since April 2023, Ciklum's CEO has been Raj Radhakrishnan.
==Rankings and Recognition==


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.<ref>{{Cite web |title=За місяць війни Ciklum підтримав Україну на понад 160 млн грн |date=28 March 2022 |url=https://rubryka.com/2022/03/28/za-misyats-vijny-ciklum-pidtrymav-ukrayinu-na-ponad-160-mln-grn/}}</ref> Separately, Ciklum allocated ₴1.5 million to finance the Ukrainian army.<ref name="speka.media">{{Cite web |title=ІТ-компанія Ciklum виділила 1.5 млн грн на фінансування української армії |url=https://speka.media/viina/it-kompaniya-ciklum-vidilila-15-mln-grn-na-finansuvannya-ukrayinskoyi-armiyi-pk4rwv |access-date=2022-07-06 |website=speka.media |language=uk}}</ref> 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.<ref name="speka.media"/>
Ciklum is recognized as [[CeBIT]] 2010 Top 20 innovative company delivering services/products for small and medium sized companies, and named the 2010<ref>{{cite web|title=Ciklum Named 2010 Top 100 Global Services Provider |url=http://www.prlog.org/10974002-ciklum-named-2010-top-100-global-services-provider.html}}</ref>, 2011<ref>{{cite web|title=Top 100 Global Services Compendium |url=http://microsites.globalservicesmedia.com/_grfx/uploads/file/2011gs100compendium.pdf |format=PDF}}</ref> and 2012 Top 100 Global Services provider.


== See also ==
20 May 2013 – [[Gartner Inc.]] named Ciklum as a “Cool Vendor” in its ‘Cool Vendors in Application Services, 2013’ report<ref>{{cite web|title=Cool Vendors in Application Services, 2013 |url=https://www.gartner.com/doc/2436715/cool-vendors-application-services}}</ref>. The title is granted to only five companies in the category by the leading information and technology research and advisory company.


* [[SoftServe|Softserve]]
In 2015, Ciklum ranked 5th in the Top 25 Largest IT Companies in Ukraine<ref>{{cite web|title=ТОП-25 крупнейших ИТ-компаний Украины |url=http://jobs.dou.ua/top25/ | language=Russian}}</ref>.
* [[EPAM Systems|EPAM]]
* [[Eleks]]
* [[Infopulse Ukraine]]
* [[DataArt]]


==References==
==References==
{{reflist}}
{{Reflist|30em}}


[[Category:Software companies of Ukraine]]
==External links==
[[Category:Development software companies]]
*[http://www.ciklum.com Ciklum website]
[[Category:Software companies established in 2002]]
[[Category:Outsourcing companies]]
[[Category:Software companies of Denmark]]
[[Category:Software companies of the United Kingdom]]
[[Category:2002 establishments in the United Kingdom]]

Latest revision as of 10:15, 24 December 2024

Ciklum
Company typePrivate
IndustrySoftware engineering, IT consulting
Founded2002.[1][2]
HeadquartersLondon, 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]

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

[edit]

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

[edit]

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

[edit]

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

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References

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  1. ^ a b c "De bedste it-virksomheder i Ukraine er danske" (in Danish). Computerworld. 2010. Retrieved 15 June 2015.
  2. ^ a b "Датская IT-компания разработает электронное правительство в Украине" (in Russian). Unian. 2014. Retrieved 15 June 2015.
  3. ^ a b c d "Ex-Soviet Programmers Take On India in $48 Billion Market". Bloomberg. 2013. Retrieved 15 June 2015.
  4. ^ a b "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". 28 March 2022.
  37. ^ a b "ІТ-компанія Ciklum виділила 1.5 млн грн на фінансування української армії". speka.media (in Ukrainian). Retrieved 2022-07-06.
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