Russian SMBs to Invest $10 Billion in ICT in 2008

The recent AMI Partners research forecasts that small to medium businesses in Russia and Poland are to spend approximately $10 billion on ICT products in 2008, which represents 15 per cent growth from the past year’s volume.

About 40 per cent of Russia's one million SMBs are equipped with personal computers and generate the highest ICT spending in the region. In addition to that, the report points out that Russia has experienced significant growth as a provider of IT outsourcing and software development. These factors make Russia one of the largest Eastern European markets by GDP and among the highest spenders on ICT in the region.

Although the Russian ICT market has still been dominated by hardware sales, the share of IT services has been steadily growing over the past three months.

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