Russian IT Market Growth Places Russia on Top in London Business School ICT Rating

The Connectivity Scorecard is a pioneering global information and communications technology index that measures the extent to which governments, businesses and consumers make use of connectivity technologies to enhance social and economic prosperity. Unlike other research available, the Connectivity Scorecard measures usage and skills such as literacy, the use of enterprise software and the accessibility of women to ICT. It also articulates the benefits of connectivity explicitly in terms of economic and social contributions taking into account varying needs in different countries.

Russia placed first among the nine nations that are classified in the study as resource or efficiency driven economies. The country's high literacy rate, along with solid scores on several measures of usage and infrastructure, especially mobile usage, resulted in a rating of 6.11.

…Russia scores well in literacy, gender equality in Internet access, and also in usage of technologies such as mobile by business users. The Scorecard captures the fact that Russia has a relatively strong human capital endowment that may serve it well in making the transition to being an Innovation driven economy.

From "Report: The Connectivity Scorecard" by Professor Leonard Waverman, London Business School Kalyan Dasgupta, LECG, Justin Tonkin, LECG

Russia's IT market has enjoyed the annual growth rate of about 20% for the past few years and the Ministry of IT and Communications estimated the market volume to reach 17 bln USD in 2007.