Ciklum
{{Short description|Software company in United Kingdom}}
{{COI|date=February 2019}}
{{Infobox company
| type = Private
| name = Ciklum
| founded = 2002.{{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}}{{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}}
| location = London, United Kingdom
| area_served = Globally
| num_employees = 4,500.{{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 }}{{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 }}
| industry = Software engineering, IT consulting
| services = Custom Software Development
| homepage = {{URL|ciklum.com}}
}}
Ciklum is an international software development and IT outsourcing{{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}} company founded in Denmark{{Cite web|title=Ciklum overtager halvdelen af SCR Gruppen|url=https://datacvr.virk.dk/enhed/virksomhed/26768624?fritekst=Ciklum&sideIndex=0&size=10}} in 2002.{{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}} It is headquartered in London, United Kingdom.{{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 }}{{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}}{{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}}
The company has software development centers and branch offices in India, United Kingdom, United States, United Arab Emirates, Spain, Switzerland, Denmark, Israel, Poland, Ukraine,{{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}} and Pakistan.{{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}}
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.{{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}}{{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}}
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.{{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 }}{{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 }}{{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 }}{{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 }} The University prepares IT specialists of a new formation, who were globally competitive yet aiming at professional fulfillment in Ukraine.{{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}}
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.{{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}}{{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}} Ciklum has pledged $100,000 to the program.{{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}}
In January 2018, Ciklum supported the first-ever Ukraine House in Davos during the 2018 World Economic Forum.{{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}}
Clients and services
Ciklum is a global Experience Engineering firm specializing in cutting-edge AI, agentic AI, generative AI, quality engineering, data analytics, robotic process automation (RPA), product development, and consulting services. Positioned at the forefront of innovation, Ciklum leverages next-generation product engineering, advanced artificial intelligence, and exceptional customer experience solutions.
Ciklum provides dedicated teams, flexible project-based services, and peak resources tailored to clients' short-term and long-term needs. Ciklum is committed to transforming industries by developing technologies that reimagine, reshape, and redefine the future. Ciklum key clients are eToro, Just Eat, Betsson, and TUI.{{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}}{{cite news|title=Ciklum |url=https://clutch.co/profile/ciklum |year=2017 |publisher= Clutch |accessdate=2 April 2018}}{{Cite web|url=https://upfirms.com/company/ua/ciklum/|title=Ciklum|website=UpFirms|language=en-US|access-date=2020-01-15}}
History
Ciklum was founded in 2002 by Danish native Torben Majgaard who chaired{{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}} the Board by 2019, in Kyiv, Ukraine. Since then, the company has grown to over 3,500 employees.{{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}}
In 2017, Michael Boustridge was appointed CEO.{{Needs citation|date=April 2025}}
In 2019, Ciklum raised a new investment led by Dragon Capital with AVentures Capital co-investment.{{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}}
Since April 2023, Ciklum's CEO has been Rajaram Radhakrishnan.{{Needs citation|date=April 2025}}
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.{{Cite web |date=28 March 2022 |title=За місяць війни Ciklum підтримав Україну на понад 160 млн грн |url=https://rubryka.com/2022/03/28/za-misyats-vijny-ciklum-pidtrymav-ukrayinu-na-ponad-160-mln-grn/}} Separately, Ciklum allocated ₴1.5 million to finance the Ukrainian army.{{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}} 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.
Acquisitions
In 2009, Ciklum purchased the main business activities from Mondo's bankruptcy.{{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}}{{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}}
In 2011, Ciklum acquired 50% of SCR Gruppen (Denmark).{{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}}
In 2013, Ciklum acquired Danish IT outsourcing provider Kuadriga.{{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}}
In 2015, George Soros's Ukrainian Redevelopment Fund acquired a significant stake in Ciklum.{{cite news|title=Фонд Сороса купил долю в Ciklum |year=2015 |publisher=AIN.UA |language=Russian}}
See also
References
{{Reflist|30em}}