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Russian Software Exports to Cross US$ 15 Billion by 2012
Outsourcing has emerged as the fastest growing segment of the Russian IT
industry, according to new research report "Russia IT and Outsourcing
Industry Forecast to 2011" by RNCOS. During 2002-2007, software exports from
Russia grew at a CAGR of over 44% as compared to just 24% growth recorded in
the IT spending during the same period. As for future, the country is
projected to export software worth over US$ 15 Billion by 2012.
As compared to other outsourcing destinations in Eastern Europe, Russia has
a strong advantage in offshore software development. Closer proximity to the
US and Europe, similar time zone, and government and association support has
given thrust to the outsourcing industry. Also, Russia has the largest pool
of qualified software professionals with advanced technical skills as
compared to professionals in Eastern Europe, India or China.
Increasing investment from foreign companies and government initiatives,
like development of techno parks and liberalizing tax structure for software
companies, will drive the software exports from Russia in future. Besides
rising investment, the government's commitment to develop the IT and
outsourcing industry will also provide the desired platform for the future
growth of the outsourcing industry.
"Russia IT and Outsourcing Industry Forecast to 2011" is an extensive
research on IT and Outsourcing industry in Russia. This research report
provides qualitative and qualitative industry analysis, coupled with the
factors responsible for the industrial growth, opportunities and
antagonistic forces challenging the industry. It also underlines the
spending patterns across the various segments of the industry.
This research report provides th e segment-wise analysis, latest market
trends, and the emerging areas in the Russian IT and Outsourcing industry.
It also features five-year industry forecast from 2008 to 2012, coupled with
an overview future trend in the industry. The vast and detailed information
given in the report will help the clients in understanding the market
dynamics and align their business strategies accordingly.
About RNCOS:
RNCOS, incorporated in the year 2002, is an industry research firm. We are a
team of industry experts who analyze data collected from credible sources.
We provide industry insights and analysis that helps corporations to take
timely and accurate business decision in today's globally competitive
environment.
We are running a special offer on select reports till Year end, where you
can avail our reports at discounted prices. Please click here to know more:
http://www.rncos.com/promotion.htm .
For more information visit: http://www.rncos.com/Report/IM570.htm
Current
Industry News: http://www.rncos.com/Blog/
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