India’s largest software development and IT-consulting services provider Tata Consultancy Services (TCS) announced their plans to open an office in Moscow, Russia in March 2008. It will sell products and services of the company to the customers across the CIS and Russia (the former members of the USSR). According to TCS vice-president, Gabriel Rozman, they can enter the Russian market either by acquiring a local firm or independently.
With TSC entering the Russian IT market, the competition in systems integration, software deployment, IT consulting, and outsourcing, especially that of business processes, will sharpen.
Experts claim that by 2010 TCS may bite up to 10% of Russian IT services market pie.
Despite the boldness of these plans, the major Russian market players, with EPAM Systems among them, do not take them seriously. They believe that the Indians have slight chances of winning large contracts as they will not get the lobby in Russia similar to what they enjoy in the US or UK. Furthermore in order to succeed in this region, the Indians will have to buy a large local company: Until then, few companies will regard TCS as a serious competitor. Unlikely is also that they plan to launch a large development center in Russia. Taking into consideration today’s tough competition for well-qualified IT professionals between the local companies, TSC will perhaps hire a hundred developers at best.
Source: Kommersant (In Russian)
With TSC entering the Russian IT market, the competition in systems integration, software deployment, IT consulting, and outsourcing, especially that of business processes, will sharpen.
Experts claim that by 2010 TCS may bite up to 10% of Russian IT services market pie.
Despite the boldness of these plans, the major Russian market players, with EPAM Systems among them, do not take them seriously. They believe that the Indians have slight chances of winning large contracts as they will not get the lobby in Russia similar to what they enjoy in the US or UK. Furthermore in order to succeed in this region, the Indians will have to buy a large local company: Until then, few companies will regard TCS as a serious competitor. Unlikely is also that they plan to launch a large development center in Russia. Taking into consideration today’s tough competition for well-qualified IT professionals between the local companies, TSC will perhaps hire a hundred developers at best.
Source: Kommersant (In Russian)
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