7/21/2006

Software Outsourcing and growth of Russia

Software Outsourcing and growth of Russia has close relationship with each other. Gradually country Russia is becoming more and more mature for Offshore Software Development services. Good growth is taking place in the country especially in the Information Technology Industry. According to recent IT market news some of the IT companies have started to invest in Russia for their overseas development services and requirements. Russia is emerging as one of the lower cost Software Outsourcing destinations in IT industry. Though, in its initial stage the country is doing well for overseas IT services.

It is marked that Russia is following for overseas IT Development services. Many of the experts find that that approach of Russian IT companies are almost similar to Indian IT Industry. India is the leading most and on the top of the list for overseas IT and development services. It is followed by China. Many other countries such as Philippines, Russia and more others are trying to make their name for overseas IT services. Growth of India is tremendous for IT services to the globe. Country has lots of benefits along with the talented IT graduates and professionals. Along with this country India is also well-known for its low-cost and high quality IT services. These aspects place India on the top of the list for overseas IT services globally.

Software Outsourcing Market

As far as Russia is concerned, country is gradually expanding in the field of Software Outsourcing and overseas IT services. In Russia it one can’t find the big companies with big IT Brand names. All Offshore Software Development Business is on small scale based. As well as country Russia also needs to do well for English language. Country does not have as much fluency as India has over English. Still in Software Outsourcing Market, Russia has done well till date. Many of the Russian IT brand names are also coming out as some of the good providers as a part of IT Outsourcing services. Country is also providing low and cost effective services and trying to become the center of attraction globally.

In Russia cultural difference seems to be one of the biggest problems for the country for the growth globally. Many times it leads to failure of the big deals as a part of Software Outsourcing services. Country has some good creative and innovative mind with it that represents the country globally for its IT expertise. Country has around US$ 1 billion worth of Software Outsourcing Industry and seems grow gradually overseas. Newer IT Players and companies are emerging in the country to represent the growth of the country Offshore Software Development services to the globe. If you compare Russia with India than India’s IT Industry is worth of more than US$ 24 billion. It indicates that distance and difference between two countries for IT Outsourcing Services.

No doubt Russia is doing well for Offshore Software Development services. But country has still a long way to travel even to come near to India for Software Outsourcing Services.