Russia IT and Outsourcing Industry Forecast to 2011

RNCOS has recently published its extensive research " Russia IT and Outsourcing Industry Forecast to 2011" to give a rational analysis on the Information Technology (IT) outsourcing industry in the transcontinental country. It thoroughly evaluates the opportunities and factors critical to the success of the IT industry in the region. It underlines the issues related to the success of the industry and provides a prudent analysis on its various aspects. The report presents a comprehensive overview of the past and current performance of the IT industry including software, hardware and services industry.

The IT and outsourcing industry in Russia is attracting companies from around the globe to set their R&D centers and to make Russia as outsourcing hub because of a multitude of reasons, including better manpower services at relatively low cost and huge investment potential in the ICT sector.

The study on issues related to human capital and the IT professional cost lets the clients to compare the Russian outsourcing industry with Eastern European region.

The report also gives a future projection of the industry along with the opportunities existing in the Russian industry. For the purpose of this report, IT market has been defined as the total spending on IT industry, including spending on hardware, packaged software and IT services market.

• Russian software exports grew by 38.84% from 2002 to 2006 and are further estimated to grow at a CAGR of 79.02% till 2010.
• Low cost outsourcing services and highly qualified talent pool is driving the industry. Growing IT industry provides opportunities for consultancy firms, R&D centers and ICT industry.
• The IT spending by SMBs in Russia is expected to cross US$ 20 Billion by 2011.
• Going up at a CAGR of 20.4%, spending on IT is expected to reach approx US$ 37.0 Billion in 2011 from 2007.

• How big is the Russian IT industry?
• How is the ICT industry related to IT industry?
• What are the current IT industry trends in Russia?
• What are the factors that are critical to the success of IT outsourcing?
• What are the various challenges and opportunities before the industry?
• How is the low cost and cultural proximity driving the IT outsourcing industry?
• Who are the domestic and international players in the industry?
• What are the software development services and skills sets of players in the industry?

Information has been sourced from various credible sources like books, newspapers, trade journals, and white papers, industry portals, government agencies, trade associations, monitoring industry news and developments, and through access to more than 3000 paid databases.

The analysis methods include ratio analysis, historical trend analysis, linear regression analysis using software tools, judgmental forecasting, and cause and effect analysis.