Russian IT market is trending upward

PRLog (Press Release) - Aug. 16, 2011 - “The Russian IT market http://www.ictrussia.com/ has bounced back. In fact, all of the sectors of the market reported better results in 2010 in comparison with 2009. The improvement of the Russian economy after the financial crisis has also had a significant impact on the confidence of domestic companies. The crisis has showed that efficiency of the business, flexibility and financial control are critical for survival, and that IT is an essential element of these business capabilities.

Russian companies are still far from being saturated with IT systems. Besides the biggest traditional IT spenders i.e. telecoms, oil and gas and financial sector, we expect growth of the demand from the retail and manufacturing industries. We also expect that government efforts and investments will have a positive impact on the IT market, especially in 2011-2012 when the development of governmental e-services is going to take place. ”

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Private companies and public agencies are set to provide major opportunities for hardware, software and service providers over the next five years, and this report provides guidance for industry professionals through close examination of both the competitive landscape and possibilities for profitable investment.

It analyses both the market in its entirety and its major segments — hardware, software and services and IT distribution—providing data on volume, sales, and industry share, while pointing to the sectors that are expected to experience the greatest growth at the fastest pace. It uses authentic business models and case studies to illustrate market activity and presents data in a format intended to facilitate comparison through compatibility with PMR reports covering the same market in other countries in the region.

A select group of 40 of the largest foreign and domestic companies engaged in Russian IT are profiled in detail to reflect size, value, market share and strategic plans for the future. In addition, the largest 100 companies are listed by subsector: hardware manufacturers, distributors, IT services and outsourcing providers, integrators and software developers and providers – both foreign and domestic, giving readers a birds-eye view of the competitive landscape.

While preparing IT market in Russia 2011, Development forecasts for 2011-2016, PMR’s expert analysts have consulted their most reliable sources and created a market guide that answers the questions of readers on all major issues with regard to both the current status and future progression of this dynamic marketplace.

For more information on the report please contact:
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PMR http://www.pmrcorporate.com is a British-American company providing market information, advice and services to businesses interested in Central and Eastern European countries.