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Russia Rising in IT

August 25th, 2002 · No Comments

Writes Datamation:

For many years, India has been the poster child of the offshore software development industry…But a serious rival now is emerging, one with the resources and determination to take on India — Russia.

The technology sector in Russia achieved $3 billion in revenue last year, up 19% from the previous year. Offshore software development now is a large slice of that total, growing at an estimated rate of 50% a year.

”Our research shows that Russian development resources have stronger math skills and are often used to develop algorithms and complex formulas,” said analyst Laura Carrillo of Boston-based AMR Research.

Carrillo pinpoints the Russian education system as offering high-tech workers there a competitive advantage. In Indian universities, students learn generic development and mass-produced coding for Java and C++.

”Russia takes a higher-level approach, picking individuals more carefully in a similar manner to MIT,” said Carrillo. ”As a result, Russian programmers and developers are more schooled on advanced math and computing techniques than their Indian counterparts.”

Must look at visiting Russia sometime soon!

Tags: Emerging Markets

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