Russia is poised to become the world’s next leader in computer programming
outsourcing, as its IT industry demonstrates dramatic growth and the government
is set to approve an initiative that would further put it on an accelerated
development track. The initiative will systematically push Russia’s historical
technical superiority to become the main destination for global IT giants,
PRNewsWire reported.
The Russian IT sector has demonstrated 25
percent annual growth and software exports have been growing at 40-50 percent
annually over the last few years. With such growth figures the IT industry is
already outpacing every other sector of the Russian economy. More than 250
companies are already active in offshore software development and Russia’s
outsourcing industry is expected to reach $2 billion over the next few years.
The Russian government has proposed the creation of a national network
of technoparks and free economic zones that would strive to replicate the
success of India’s Bangalore and Hyderabad. Comprehensive tax and legal reform
are also offered as part of the initiative. In addition the authorities are
committing $650 million over the next five years to supplement the increasing
flow of private investment.
Many global giants, such as Intel, Boeing,
IBM, Cisco, Motorola, Dell, Siemens, Microsoft and Hewlett Packard have already
established their presence in Russia, opening software development centers to
benefit from the strong presence of talented programming and engineering staff.
Russia’s Communications Minister Leonid Reiman, quoted by the agency,
said: “Our vision is for Russia to become a global center of innovation and
entrepreneurship, a place where radically new, breakthrough technologies are
developed. We want Russia to be a place where ’the next big thing’ is
born.”
The Russian government’s big plan will be first put up for foreign
public display at the 8th Annual Russian Economic Forum set to take place in
London on April 10-12.
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