According to IDC last year Russian IT services market showed robust growth and reached 4.4 billion dollars. As company analysts claim this growth rate is considered to be the highest in the world.
According to IDC’s classification IT services segment consists of systems integration (30.4% of the services market), consulting and custom application development (28.8%), hard- and software support and installation (18.7%), IT education and training (4.3%).
The largest IT services buyer is the financial sector (18.2%), governmental customers rank second (16.2%), and telecommunication companies are the third (13.1%).
The top 10 IT service providers according to IDC are IBS, Technoserve А/S, CROC, Optima, Lanit, CompuLink, I-Teco, HP, EPAM Systems and R-Style.
IDC states high growth rate three years in a row: in 2004 it increased by 26.3% to reach 1.9 billion dollars being the highest in Europe, and in 2006 the market reached 2.99 billion dollars with the increase by 23.2%.
Oil prices and the launch of large federal IT projects are among the main reasons of IT services segment growth in Russia according to Alexander Prochorov, analyst at IDC. Stable political situation and favorable investment climate foster IT market development as well.
Source: CNews
According to IDC’s classification IT services segment consists of systems integration (30.4% of the services market), consulting and custom application development (28.8%), hard- and software support and installation (18.7%), IT education and training (4.3%).
The largest IT services buyer is the financial sector (18.2%), governmental customers rank second (16.2%), and telecommunication companies are the third (13.1%).
The top 10 IT service providers according to IDC are IBS, Technoserve А/S, CROC, Optima, Lanit, CompuLink, I-Teco, HP, EPAM Systems and R-Style.
IDC states high growth rate three years in a row: in 2004 it increased by 26.3% to reach 1.9 billion dollars being the highest in Europe, and in 2006 the market reached 2.99 billion dollars with the increase by 23.2%.
Oil prices and the launch of large federal IT projects are among the main reasons of IT services segment growth in Russia according to Alexander Prochorov, analyst at IDC. Stable political situation and favorable investment climate foster IT market development as well.
Source: CNews
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