The Russian IT market is currently facing potential damage from U.S. and EU sanctions, and the problems of enforced import substitution. As Russia’s foremost IT leaders gathered to celebrate the 15th anniversary of the industry’s lobbying group — Russoft — they took the opportunity to assess what influence political activity is having on the country’s IT market and how best to prepare for what may arrive in the very near future.
The Russian city of Ulyanovsk is located along the Volga River, 893 kilometers east of Moscow. With a population of nearly 700,000, the city is a major industrial center as well as the birthplace of Vladimir Lenin. In addition to a UAZ automobile factory and the Aviastar aircraft company, it is also home to international businesses such as Mars, Inc., Takata-Petri and Anadolu Efes.
Russian developers have created the AmazingHiring application for finding IT personnel. It not only searches for a candidate, but also analyzes their professional qualities. Investors believe that the project will be a success: in 2013 the Ukrainian SMRK Investment Fund and the Russian Starta Capital Venture Fund invested $300,000 in the company. In September 2014 the service was able to attract $500,000 in seed funding from SMRK and business angels.
The software development industry is global by definition. However, the service segments are more sensitive to geopolitical risk than other consumer goods, like food. In the first quarter of this year alone we lost a potential client after winning a tender when a Western company decided to abandon plans to use an Eastern European technology partner in light of recent events.
Nevertheless, the European and American markets are important to us, and we do not plan to change our priorities. More than 60 percent of our customers come from Western Europe and the U.S.
Since 2010 Andrey Ivanov is the member of executive team in JetBrains company, the world leader in professional software development tools. He is one of the founders of the Academy of Modern Software Engineering, where during two years of the free study students can can get additional relevant knowledge demanded by the programming market. Andrey realizes the importance of preparing the young professionals for the rapidly growing IT market, and actively develops relations with relevant higher education institutions in St. Petersburg and the regions.