Russia wields an IT hammer
Russia, with 50 per cent of the offshore outsourcing in Eastern Europe, is challenging India and China as the world’s preferred outsourcing destinations.
Jan 30, 2009
Russia, with 50 per cent of the offshore outsourcing in Eastern Europe, is challenging India and China as the world’s preferred outsourcing destinations.
According to "Russia IT and Outsourcing Industry Forecast to 2011," a new research report by RNCOS, outsourcing is the fastest growing segment of the Russia’s IT industry. Software exports from Russia grew at a CAGR (Compound Annual Growth Rate – the growth of an investment during a specific time frame) of more than 44 per cent over the 2002-2007 period.
Russia has a big advantage in offshore software development compared to other outsourcing destinations in Eastern Europe. It is closer to the US and Europe and is in a similar time zone. Russia is said to have a greater pool of qualified software professionals with advanced technical skills than either India or China, or Eastern Europe.
Russia’s outsourcing industry is supported by government and associations. Development of techno parks, a liberalized tax structure for software companies, and investment from foreign companies are the foundation for future software exports from Russia. The government is expanding and developing the IT infrastructure of the country and is committed to developing its IT and outsourcing industry.
Additionally, private sector investments are helping to open new, and expand existing, software development centers. Both domestic and international companies are key in this movement.
Reksoft a 17 year old offshore software development company, is headquartered in St. Petersburg, Russia. Their customers include Fujitsu Siemens Computers, Cadbury, Philip Morris, and Swisscom Mobile. Reksoft claims it draws on "the energetic, youthful and proficient workforce of St. Petersburg, to supply quality software development and maintenance services, at non-EU pricing".
IBA Group claims to be the largest IT service provider in Eastern Europe performing onshore, near-shore and offshore projects. The company offers "cost-effective and high quality services both in custom software and legacy system reengineering" to over 30 countries.
In addition to Eastern Europe, the IBA Group has offices in Europe and the US. IBA Gomel is in the free economic zone Gomel-Raton of Belarus. The IBA Gomel client base includes IBM, and T-Systems, a division of Deutsche Telekom.
This article was originally posted by ITexaminer.com and is the property of ITExaminer.com.
According to "Russia IT and Outsourcing Industry Forecast to 2011," a new research report by RNCOS, outsourcing is the fastest growing segment of the Russia’s IT industry. Software exports from Russia grew at a CAGR (Compound Annual Growth Rate – the growth of an investment during a specific time frame) of more than 44 per cent over the 2002-2007 period.
Russia has a big advantage in offshore software development compared to other outsourcing destinations in Eastern Europe. It is closer to the US and Europe and is in a similar time zone. Russia is said to have a greater pool of qualified software professionals with advanced technical skills than either India or China, or Eastern Europe.
Russia’s outsourcing industry is supported by government and associations. Development of techno parks, a liberalized tax structure for software companies, and investment from foreign companies are the foundation for future software exports from Russia. The government is expanding and developing the IT infrastructure of the country and is committed to developing its IT and outsourcing industry.
Additionally, private sector investments are helping to open new, and expand existing, software development centers. Both domestic and international companies are key in this movement.
Reksoft a 17 year old offshore software development company, is headquartered in St. Petersburg, Russia. Their customers include Fujitsu Siemens Computers, Cadbury, Philip Morris, and Swisscom Mobile. Reksoft claims it draws on "the energetic, youthful and proficient workforce of St. Petersburg, to supply quality software development and maintenance services, at non-EU pricing".
IBA Group claims to be the largest IT service provider in Eastern Europe performing onshore, near-shore and offshore projects. The company offers "cost-effective and high quality services both in custom software and legacy system reengineering" to over 30 countries.
In addition to Eastern Europe, the IBA Group has offices in Europe and the US. IBA Gomel is in the free economic zone Gomel-Raton of Belarus. The IBA Gomel client base includes IBM, and T-Systems, a division of Deutsche Telekom.
This article was originally posted by ITexaminer.com and is the property of ITExaminer.com.