TechNavio recognizes the following companies as the key players in the IT Market in Russia: ASUSTek Inc., Hewlett-Packard (HP) Co., IBM Corp., and National Computer Corp. (NCC).
Commenting on the report, an analyst from TechNavio’s team said: “Cloud computing is an internet-based computing where all the data of end-users are stored on vendor’s data center. Cloud resources are not only shared by multiple users but also dynamically re-allocated as per demand. The users of the cloud computing don’t have to invest in infrastructure and other resources. They have to pay only for the services which they use, based on pay-per-subscription model, which helps them save cost and time of implementation. This also helps end-users to focus on their core competencies. Cloud computing can be divided into IaaS, SaaS, and PaaS. Until recently, people of Russia were not much aware of the benefits of cloud computing. However, they have started investing in IaaS, so the demand of IaaS is growing followed by the demand for SaaS-based solutions. In addition, the investment in public clouds is expected to increase by the time depending on awareness among the consumers. Because of the cost and time associated advantages, cloud computing is highly popular among the SMEs, worldwide. However, SMEs of Russia have not invested much in cloud-based solutions, such companies have started investing into SaaS. Therefore, SMEs in Russia are expected to be the major end-user for this technology during the forecast period.”
According to the report, the growth of the IT market in Russia is driven by several factors, one of which is the increase in oil prices. The rise of oil prices is responsible for stable economy of Russia. Increment in oil prices strengthens the Russian Ruble (RUB), which will further drive the IT spending from various end-users segments, contributing to the growth of the market.
Further, the report states that one such challenge which is curtailing the growth of the market is the lack of legal framework to control piracy in the country. Since most of the software is available in pirated version, enterprises as well as individuals are not purchasing the original software, which is acting as an inhibitor to the growth of the market.
The report also includes a discussion of the other vendors operating in this market. The other vendors in the market are EPAM Systems, IBS, and LANIT.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/report/it-market-russia-2012-2016
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/it-hardware-software-services
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TechNavio Announces the Publication of its Research Report -IT Market in Russia 2012-2016
