Shortage of IT and software engineering graduates is one of the underlying factors in outsourcing. Companies seek for comprehensive engineering skills and at affordable prices. But where to look for? India cannot provide the required quality – it’s good for BPO services, but in complex software engineering India is still way behind; China is too insecure and cannot yet boast outstanding programming education heritage; South America is not yet mature enough. On this occasion, Russian development capabilities and its internationally renowned strong education system become an unbeatable advantage. Russia's competitive advantage lies in its fundamental engineering education with strong focus on science and math.
Russian software engineers are frequent winners of the highly prestigious ACM International Collegiate Programming Contest, were they are repeated gold medal honorees. The Russian programmers' engineering talent lies in their ability to overcome challenges and solve complex tasks with creativity and innovation.
Coupled with nearshoring opportunities and convenient time zones, cultural similarities, and stringent data protection regulations in the sphere of software engineering, Eastern Europe and Russia may soon reach the status of a global ITO superpower.
Moreover, the information technology sector in Russia enjoys strong government support and the country’s political leaders always try to promote the country at an international level and highlight its assets. Striving to boost its offshoring industry, the Russian government has introduced a set of tax incentives for companies delivering software products and services for overseas markets. Russia holds an investment-grade credit rating from Moody’s Investors Service and Standard & Poor’s and a stamp of approval from the World Bank and other international agencies making it an attractive location for international investment projects.
Placing a stake on technical talent, Russia's software development market definitely has vast potential and bright future in the outsourcing segment.
Russian software engineers are frequent winners of the highly prestigious ACM International Collegiate Programming Contest, were they are repeated gold medal honorees. The Russian programmers' engineering talent lies in their ability to overcome challenges and solve complex tasks with creativity and innovation.
Coupled with nearshoring opportunities and convenient time zones, cultural similarities, and stringent data protection regulations in the sphere of software engineering, Eastern Europe and Russia may soon reach the status of a global ITO superpower.
Moreover, the information technology sector in Russia enjoys strong government support and the country’s political leaders always try to promote the country at an international level and highlight its assets. Striving to boost its offshoring industry, the Russian government has introduced a set of tax incentives for companies delivering software products and services for overseas markets. Russia holds an investment-grade credit rating from Moody’s Investors Service and Standard & Poor’s and a stamp of approval from the World Bank and other international agencies making it an attractive location for international investment projects.
Placing a stake on technical talent, Russia's software development market definitely has vast potential and bright future in the outsourcing segment.
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