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5.0/5 • Glassdoor rating


It’s time to evolve!

Alcor offers an alternative to the traditional IT outsourcing model: your own R&D center fully backed by our operational services.
With 10+ years of experience, we offer access to 100,000+ talented developers in Ukraine to assist you in opening your R&D office and further support it from an operational standpoint.



Public or Private


Seats or staff



$25 mil. - $50 mil.






Year Founded


Countries of fulfillment




Contact information



About Alcor: Review and comparison

Alcor is an innovative company that strives to help businesses move beyond traditional IT outsourcing by creating a Research and Development (R&D) office in Ukraine. Alcor staffs the office to give companies an ongoing workforce in R&D instead of hiring new outsourced staff for various projects. 

Over 50 employees work with businesses to meet their staffing needs with a turnkey solution that saves companies money instead of using typical IT outsourcing services. This Business Process Outsourcing (BPO) provider will provide staff on an as-needed basis, as well. 

Since 2007, Alcor has offered businesses IT services on an a la carte basis. Today, they specialize in creating R&D offices for companies in one of several Ukrainian cities.

Alcor Outsourcing

This BPO provider offers businesses access to a pool of 200,000 skilled IT professionals ready to staff an R&D office. Companies can have IT developers working for them at a cost savings of 30%-70% compared to Europe and the United States.

Alcor’s BPO services and pricings

Alcor is an outsourcing provider that can supply staff as needed for IT projects or build a turnkey R&D center for businesses in Ukraine. Alcor creates an office by handling:

  • Real estate procurement and set-up
  • Payroll and accounting
  • Legal and compliance issues
  • Recruitment services

In addition, the firm guarantees a certain number of developers and employees within specific time frames, or they pay for the remainder of the employees. 

Alcor’s pricing

Alcor’s pricing depends on each business’ needs. The company’s website features a cost calculator companies can use to choose the staff they want. The calculator shows the price in Ukraine compared to what they’d pay in California to illustrate the cost savings.

How Alcor outshines its competition

Alcor’s emphasis on helping companies build an R&D office with staff in Ukraine sets them apart from typical staffing solution-oriented companies. They emphasize the tax and business benefits and the short travel time from Ukraine to London and other European locations.  

This BPO provider also follows five values listed on their website. 

  • Focus on activities that bring the highest results
  • Humor to make everyone comfortable
  • Wow-effect to over-deliver and impress
  • Self-development to have people working at their peak
  • Transparency for open and honest communication

Key executives

Dmitry Ovcharenko (CEO)

Dmitry Ovcharenko graduated from the University of California at Berkeley with a law degree. Ovcharenko previously worked at Luxoft and SBT Systems Ukraine and has been the Vice President of Legal Matters of the IT Ukraine Association since January 2018. He has served as the CEO of Alcor since 2018. 

Iryna Kravchuk (Chief Financial Officer)

Iryna Kravchuck has over 15 years working in finance, including serving as the CFO for Epam Systems and the SolveCare Foundation.

Alcor reviews and comparisons

Alcor provides IT outsourcing and R&D office staffing in Ukraine. We don’t currently have company reviews, but we recommend comparing this firm to other midsize IT BPO service providers in Ukraine and Eastern Europe.

Alcor’s contact information

Alcor’s main headquarters is located in:


Further, you may virtually reach out the company through the following contact information:

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About OA

Outsource Accelerator is the trusted source of independent information, advisory and expert implementation of Business Process Outsourcing (BPO).

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The Outsource Accelerator website has over 5,000 articles, 450+ podcast episodes, and a comprehensive directory with 3,900+ BPO companies… all designed to make it easier for clients to learn about – and engage with – outsourcing.

About Derek Gallimore

Derek Gallimore has been in business for 20 years, outsourcing for over eight years, and has been living in Manila (the heart of global outsourcing) since 2014. Derek is the founder and CEO of Outsource Accelerator, and is regarded as a leading expert on all things outsourcing.

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