2021 at inVerita: The Year of Achievements, Challenges, and Partnership

inVerita in 2021: 5 Key Achievements                    

Expertise and Service Quality Growth

Since 2015, inVerita has built a strong expertise in various areas. Providing high-tier software development services, embedded solutions, Cloud, DevOps, Business Intelligence, Machine Learning & AI, and more, we have achieved recognition as one of the most reliable and professional IT companies in Eastern Europe. The most influential Business-to-Business platform, Clutch, listed inVerita among the top B2B companies. 

In 2021, we brought our .NET department to a whole new level with a .NET stream competence manager, provided continuous training and certifications for DevOps, quality assurance specialists, project managers, and grew our Product Design stream two times. 

In 2022, we plan to expand the company’s tech expertise and invite more tech leads for our key departments.

Attracting New Clients and Strengthening Cooperation With the Existing Ones 

inVerita as a Solution Provider

2021 was very special for us in terms of slow yet confident marketing and business model shift from mostly dedicated team provider model to solution provider/technology consultant positioning on external markets. Powered by Q’UARTE (the product design division of inVerita) we have started to deliver a full cycle of business solutions development (delivering solutions to business challenges our customers have) that help to tackle specific business problems or digitize a certain process within an organization to make operations much more effective through the adoption of custom-built solutions.

Healthcare Domain as One of the Primary Focuses for inVerita in 2021-2022

We are strongly confirmed that the development of domain expertise, focus, and cultivation of gained experience are the main principles of company evolution. Within 2021, inVerita has attracted four influential customers from the healthcare domain, significantly improved approaches to security development and compliance. 

We believe that in 2022, our experience and expertise will help us to support our customers with high-tier solutions, innovative approaches, and we will continue to expand inVerita presence in the healthcare market.

Educational and Social Initiatives

At inVerita, we are strongly confirmed that the change starts with you. Therefore we always try to be active investors in building a better future for our society and talented, educated youth.

inVerita Charity Fund was founded the same day as the company itself, in 2015. From the first day of its functioning, there have been 3 main directions highlighted: education, health, and support of the Ukrainian army. 2021 wasn’t an exception. This year, we actively helped disadvantaged families, provided young talents with scholarships, sponsored youth football, and floorball teams, a few rhythmic gymnasts, young musicians, organized the translation of Os Guinness book and material support for the Ukrainian army.

inVerita - One of the Best Employers in 2021

In 2021, inVerita took second place in the list of the best IT employers in Lviv among 1391 companies that took part in the competition. More than 24k IT specialists evaluated companies in 5 categories: career, working conditions, loyalty, project, and compensation.

This year, we were strongly focused on improving the health and welfare of our employees. Today, we have a health insurance program for all employees, 10 paid sick leaves, 20 days of paid vacation per year,  office-based massage practice, opportunities for free continual English courses of all levels, certifications and courses financed and co-financed by the company, regular performance evaluation, and salary revision. Besides, our team receives partial compensation for sport, in this way, being motivated to have a healthy and sporty lifestyle.

For us, it’s a big honor to receive such feedback from our employees. It shows that we’re moving in the right direction: Our People = Our Strongest Power.                 

The pandemic-induced crisis in IT has left. The market underwent a line of difficulties, Companies were forced to significantly cut down costs, increase layoffs, and turn on “economy mode”. The transition to remote was a challenge that not everyone was ready for and not all have survived. Dismissed IT workers started knocking on the door to recruiters in search of new opportunities. But within a few months, the situation turned upside down. 

Many businesses began to change and actively digitalize. They started to actively look for offshore partners to support their IT infrastructure. The geographical borders became completely blurred, even companies’ former in-house employees have gone online now. 

inVerita in 2021: 3 Biggest Challenges

Overheated IT Market

90% of IT companies faced market overheating in 2021 which was actually created themselves. As a result, in conditions of fierce competition and rigid time frames, companies became forced to raise wages to lure away engineers from the competitors. The wages in the IT segment have grown by 10-20% compared to summer 2020. 

Recruiters started literally hunting for experienced devs, offering them tempting company perks and higher wages. 

In 2021, “the pulse” of our company became recruitment and constant improvement of the social package of our employees. Our recruiting department has grown more than twice and currently is working with positions from all over Ukraine. This year, we hired 45 new professionals with 75% of them for middle and senior positions.

Retention 

When a candidate receives 10 offers a day, they start testing the hypothesis: how much can I get? Do they pay me enough? And that’s normal. As an employer, our task is to make our employees approach us and communicate such issues together. If we understand that we can give an internal offer that is no less attractive than the competitors’, we do so.

Work from Home / Hybrid Model

Before the pandemic, we didn’t practice a remote model with our employees a lot. 90% of the time our teams were working from the office. When the quarantine hit, it became clear that the old cooperation model became outdated and we needed to create a new one. Fortunately, the shift to online hadn’t changed the productivity of our teams, we successfully continued carrying out our projects and acquired some new ones. 

In 2021, we completely shifted to a hybrid model. Our employees now can choose between remote, office, or combine them. Though remote works well and is very cost-effective, we cannot deny the importance of face-to-face meetings with team members and clients, and the importance of office culture.

Today, we have employees from different parts of Ukraine, two operating offices in Lviv and Ivano-Frankivsk, and an office opening in Kyiv.

Life of inVerita Team in 2021

2021 was a year full of achievements, challenges, and new partnerships. We stayed together, strong, and motivated, appreciating every moment in the circle of our team.

• Celebrating 6th inVerita birthday and recollecting the most memorable moments together;
• Painting a large inVerita picture under guidance of the professional artist;
• A Thanksgiving dinner together with turkey, donations, and blessings;
• Numerous online parties;
• Helping a dog shelter in Ivano-Frankivsk together; 
• Exchanging Secret Santa presents;
• And much more:)

We are incredibly grateful to our partners and inVerita family for loyalty, fruitful cooperation, continuous learning, and strong support. Having you by our side, we know that we're moving in the right direction. 

Looking forward to new achievements, challenges, and meetings in 2022,

Yours,

inVerita