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News | April 14, 2010
Reksoft explores the signs of upturn on Russian IT market
Seems that the IT market is showing signs of revival, and that doesn't just go for the global market, but Russian ICT as well. Russia's game development sector, burgeoning before the crisis and bursting right after it hit, is growing again (see page 6) The latest mergers and acquisitions indicate the interest of global players towards this country. Investors, for the first time in the last 1, 5 years - struggle for putting their money into start-ups (including the famous Chatroulette, see page 7) And judging by our clients' behaviour, an increasing interest in software development outsourcing services also points at the changing moods of world economy. However, as a lot of experts point out, the fast recovery may turn out to be as big a shock for many market players as the crisis itself. IT directors and decision-makers will need to answer questions such as how to cope with increasing business demands for support and IT services. Do you have all the necessary resources at hand? Will suppliers be ready to meet the market demand? With empty stocks and a tight credit situation, it wouldn't be easy. And the most awkward question - did they manage to retain their knowledge base and key people during the downturn? Companies that were able to keep their team together as the economy slowed now have an opportunity to seize new opportunities on the growing market. In the situation when, as IT Europa reports, the price level in the traditional low-cost destination like India goes up, core skills and experience go upfront. And this is a chance for Russian IT companies. Well, as the proverb says, chance is running along, blessed be he who seizes it.
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