Is Russia the new IT Outsourcing Hub

1
Is Russia the new IT Outsourcing Hub?
2
Globalization

• Globalization has played a huge rule in the U.S
  economy.
• Companies are looking outward to expand and
  become successful.
• Six out of ten companies say that they have a
  foreign company as one of their closest
  competitors.

3
Outsourcing

• Outsourcing
• India, Russia..

4
Russia

• Over the last decade several companies have been
  outsourcing to Russia
• In 2003, Revenues were over 500 Million
• Expected to have Revenues over 1 Billion by
  2006.

5
Revenue

• Over 500 Million in 2003
• Revenue expected to have 30 to 40 gains
• Tier 2 nation

6
St Petersburg

• Moscow and St. Petersburg two main cities
• St. Petersburg is bigger for outsourcing

7
Programmers

• Russia has more scientists per capita than most
  countries in Europe
• Russians tend to be very good technology problem
  solvers, rather than just low cost programmers.

8
Government Support

• Electronic Russia
• Fort Ross

9
Is Russia the new IT Outsourcing Hub?

• Yes, but with improvements