Russia, Poland smaller companies near $10B in tech spending
Small and medium businesses in Russia and Poland are on track to spend about $10 billion on IT and telecom equipment in 2008, up 15 percent over 2007, according to a study by Access Markets International Partners.
Sep 26, 2008
Small and medium businesses in Russia and Poland are on track to spend about $10 billion on IT and telecom equipment (ICT) in 2008, up 15 percent over 2007, according to a study by Access Markets International Partners.
Russia and Poland have been experiencing significant growth over the last few years and are the two largest Eastern European markets by GDP (purchasing power parity), followed by Ukraine, Czech Republic and Romania.
"About 40 percent of Russia's one million SMBs are currently equipped with PCs, and generate the highest ICT spending in the region," said Pauline Courtiau, analyst at AMI-Partners in New York, in a statement.
"About one third of this amount is spent on computing, in areas such as desktop and notebook PCs, peripherals, servers, printers and handheld devices."
Russia has also been growing as a provider of IT outsourcing and software development, thanks to a vast pool of talented workers. This leads to a greater need for networking and security products as Russian SMBs must adapt to their western clients' technology standards.
Poland, with a population of 40 million and a strategic location, is regarded as a market with high potential in Central and Eastern Europe.
Poland is home to about 674,000 SMBs, of which almost half use PCs. These companies are on track to spend about $3.5B on ICT in 2008, up 14 percent over 2007, according to the report.
While the overall ICT spending by Eastern European countries is still small in comparison with their western counterparts, huge opportunities are available, the report said.
The majority of small companies are focused on building their basic infrastructure and are still ripe for most brands and technologies.
Medium size companies have entered the second wave, working on connecting the enterprise by increasing their network capabilities.
Russia and Poland have been experiencing significant growth over the last few years and are the two largest Eastern European markets by GDP (purchasing power parity), followed by Ukraine, Czech Republic and Romania.
"About 40 percent of Russia's one million SMBs are currently equipped with PCs, and generate the highest ICT spending in the region," said Pauline Courtiau, analyst at AMI-Partners in New York, in a statement.
"About one third of this amount is spent on computing, in areas such as desktop and notebook PCs, peripherals, servers, printers and handheld devices."
Russia has also been growing as a provider of IT outsourcing and software development, thanks to a vast pool of talented workers. This leads to a greater need for networking and security products as Russian SMBs must adapt to their western clients' technology standards.
Poland, with a population of 40 million and a strategic location, is regarded as a market with high potential in Central and Eastern Europe.
Poland is home to about 674,000 SMBs, of which almost half use PCs. These companies are on track to spend about $3.5B on ICT in 2008, up 14 percent over 2007, according to the report.
While the overall ICT spending by Eastern European countries is still small in comparison with their western counterparts, huge opportunities are available, the report said.
The majority of small companies are focused on building their basic infrastructure and are still ripe for most brands and technologies.
Medium size companies have entered the second wave, working on connecting the enterprise by increasing their network capabilities.