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Home » zzz other » Economic News » Snapshot: Russian IT Market

Snapshot: Russian IT Market



Outsourcing to Russia, outsourcing to eastern europe

Posted by: Natasha Starkell  Tags: IT market,Russia  Posted date:  July 21, 2011  |  No comment


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Russian IT industry has grown by 30% last year, and the market reached the value of $4.6 billion.

According to the annual IT Services Forecast and Analysis report by IDC, improvement in Russian economic situation has caused the growth. Financial and government sectors lead the spending on IT with 19.8 percent and 17.5 percent of the market. Telecommuncations and energy market segments account for 14. 4 percent and 11.6 percent respectively.

Outsourcing industry in Russia grew by 14%, with notable growth in hosting and IT outsourcing.




About the author
Natasha Starkell
Twitter LinkedIn Facebook  Google+ Natasha Starkell is the founder and CEO of GoalEurope, advisory firm focusing on technology investment and software development in Russia and Eastern Europe. Prior to starting GoalEurope she has worked in the field of finance, mergers and acquisitions, corporate strategy and offshore outsourcing at Unisys Corporation in Switzerland and United Kingdom. She has an MBA degree from London Business School. She speaks Russian, English and German. She lives in Northern Germany.





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