Despite Crisis, Most Russian Companies Aren’t Cutting Jobs

The Moscow Times

Wednesday, May 13, 2015

Despite the economic crisis, two-thirds of Russian companies aren’t cutting jobs and prefer to survive the crisis by shortening work hours or cutting workers’ salaries, a study by global management consultancy Hay Group found.

“A lot of companies have refused to take radical measures, as in some sectors the situation has stabilized,” said Irina Chernozubova, the head of Hay Group’s research department for Russia.

Bank Hackers Steal Millions via Malware

David E. Sanger & Nicole Perlroth
The New York Times

Sunday, February 15, 2015

MoneyPALO ALTO, Calif. — In late 2013, an A.T.M. in Kiev started dispensing cash at seemingly random times of day. No one had put in a card or touched a button. Cameras showed that the piles of money had been swept up by customers who appeared lucky to be there at the right moment.

Business Monitor International Bullish on Russian Software and Services Sector

Aug 12 2014

Investment in the Russian data center and cloud computing market has been strong in the first half of 2014, backed by a well-developed telecoms sector, skilled IT professionals, large internet population and opportunities for outsourcing reports B

CNews Releases Infographics on Russia’s Regional IT Market

Jul 31 2014

CNews Analytics has released a set of infographics that illustrate changes on the Russian IT market from 2002 to 2013. The main trend that has emerged is the minimal participation of the Russian regions in informatization.  The Cnews IT market ana

From Russia With Obsidian: What’s Going on With Skyforge?

Robert Purchese

Thursday, July 3, 2014

What’s Obsidian Entertainment – the respected single-player role-playing game maker – doing dabbling in Russian free-to-play MMOs?

There’s Skyforge, a fantasy MMO, and there’s Armored Warfare, a tank MMO. And both are partnerships with powerful Russian online company Skyforge was announced first in May 2013, and Armored Warfare roughly a year later. But it was actually out of Armored Warfare that the Skyforge deal came about.

CNews Publishes Ranking of Russia’s Largest IT Companies

Jun 26 2014

CNews Analytics has released its annual CNews100 rating, which finds that turnover at Russia’s largest IT companies in 2013 remained stable despite predictions to the contrary.

Disruption Is What You Make of It

Stuart Selip
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Friday, June 20, 2014

An October 2013 article titled “Consulting on the Cusp of Disruption” in the Harvard Business Review advanced the argument that the consulting market is entering a state of disruption and flux. In response to inquiries about disruption in the Russian offshore outsourcing market, executives from six firms that represent a mix of business sizes and technology directions expressed a range of views and responses to the pressures of market disruption.

Parallels Predicts Cloud Services Growth of 169%

Feb 26 2014

The cloud services market in Russia for small and medium businesses (SMBs) is expected to grow in 2016 by 169 percent to $ 1.7 billion compared with 2013, according to a report by Parallels presented at the Parallels Summit 2014 in New Orleans.

An Ambitious 5-year Plan for the Russian IT-sector

Tuesday, January 21, 2014

In keeping with long standing Russian tradition, the government has produced a hugely ambitious 5-year plan aimed at doubling IT exports and growing the sector three times faster than the country’s overall GDP. The plan, pubished in the form of a ‘road-map’ for 2014-2018, was signed by Dmitry Medvedev at the end of 2013, and published last week. You can read the 20-page document (in Russian) here, but if that doesn’t really appeal, here’s a summary of the key points.

Salaries for Russian Programmers Up in 2013

Thursday, December 26, 2013

According to various estimates, the salaries paid to software developers increased by 10-15 percent in 2013. The monthly wage for programmers and team leaders ranged from 80,000 to 150,000 rubles ($2,448 - $4,591), reports CNews.

In 2013, the average salary paid to Russian specialists in software development, including managers, was $2,448, or about 80,000 rubles. According to preliminary results from the Russoft association for the outgoing year.

According to Russoft, wages in 2013 averaged 15 percent growth.


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