From Russia with Code

From Russia with Code

Summary: Future sanctions may make it difficult for Western software companies to do business in Mother Russia. But the country has a vast domestic software, services and internet industry of its own. These are some of the powerhouses.


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  • The Russian software and technology industry

    According to figures released by IDC in the beginning of 2013, the Russian IT industry was valued at $36 billion. This includes $24 billion in sales of computer equipment, $7 billion in IT services and approximately $5 billion generated in software sales, of which over $4 billion is in exported software.

    Regardless of what the future holds for the West's relationship with Russia, the country has its own domestic consumption for software and services with their own unique brands that in many cases mirror the capabilities of the companies we quickly recognize in the United States and in other Western countries.

    You may have never heard of them, but they are software, services and Internet giants in their own right.

    Here are just a few which will likely remain Russian powerhouses if the country becomes politically and economically isolated from the rest of the world.

  • EPAM Systems, Inc.

    Founded in 1993, just after the fall of the Soviet Union, EPAM (NYSE:EPAM) is by far Russia's largest systems integration firm.  The company has over 9000 employees worldwide and has service delivery capabilities in twelve countries. Their client list spans major brands and corporations across the Fortune 100. 

    EPAM, like other systems integrators and software development firms on this list derives a lot of its revenue from doing outsourced work for other technology firms. But if it were to become isolated due to sanctions it would be Russia's strongest internal software development player.

    The company's competencies include software product engineering and custom development, project-based technology consulting, Application testing, Maintenance and Support as well as Application Migration and Engineering. Their industry focus areas are ISVs, Banking & Financial Services, Business Information & Media, Travel & Consumer and Vertical Markets.

Topics: Enterprise Software, Cloud, E-Commerce, Software, Software Development

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  • Improving relationship

    I don't have a particular opinion on the crisis, there seems to be wrong doing on both sides.

    Anyway ..

    In the long term IMHO, the West should be looking to get along with Russia.

    As it is now, Russia is supposedly a democracy. I would imagine then, with investment and encouragement, it would be possible to ballot box in those among the Russian people who want to upright and prosperous relationships.
    Time Agora
    • As democratic as late 19th century NYC

      Putin's United Russia is a political machine much like Tammany was from 1800-1950, Mexico's PRI was from 1930-1990, and Singapore's PAP has been since 1960. You can vote the wrong way, of course, and you can even run against the "Good Guy Party", if you choose, but there will be consequences. And if the Good Guy Party loses, the job lost might well be your own.
      John L. Ries
    • Democracy?

      When top guy of the country is in power for 15 consecutive years then it is pretty hard to call such arrangement a democracy. We also saw how well ballot box "democracy" worked in Crimea. Referendum in a week with 97% voting "for" does not seem very democratic either. Kudos for not going over 100% though.

      All this means that Russia is not a reliable business partner. Doing any business with Russia is a gamble. Rules are enforced randomly and you just do not know when somebody may decide to kill or steal your business.
      • Not necessarily, but...

        ...genuinely popular heads of state don't have to rely on machine politics to stay in power. They can even confidently work with the opposition on matters of common concern because they know that doing so will strengthen their position instead of weakening it. They don't have to silence dissenting voices because they know they enjoy the people's confidence and will therefore probably win the argument in the end ("what's the chaff to the wheat?").

        Political longevity is reason to question how democratic the system really is, but one has to look at how that longevity is achieved to make a valid determination. Franklin Roosevelt was President of the United States for twelve years and would have been for 16 had he lived long enough, yet few people doubted that the USA was still a democracy. It's not Vladimir Putin's longevity as Russia's de facto political leader that calls Russia's democracy into question, but the methods used to achieve it.
        John L. Ries
      • Looks things using a different prism.

        The West is built on hypocrasy
        • 28 March, 2014

          I agreed with owlnet
  • just bla, bla, bla

    nothing will really be done against Russia. A lot of bla, bla, bla, little things, but no real threat. Ucraine was part of Russia since a lot of years, it's nothing new.
    And Europe is still more bla, bla, bla. They have to declare big things, just to justify themselves with their salary, but .... nothing.
    • Instead of disparaging the opinions of others...

      ...why don't you argue against them?
      John L. Ries
  • From a different perspective.

    From a Russian perspective, Putin helped to bring stability and helped the middle class. Every country has their pride. Democracy has no meaning if its of no use to the average people on the streets. There were so many western backed revolutions in Ukraine in the last decade. What is the outcome? Ukraine is a basket case on the brink of bankruptcy with no police or military. After the recent revolution, the west pounced to take advantage of the situation and signed so many trade agreements with a government that is not even elected.

    The US and the West thinks that they has exclusivity and what they do is always right. They impose their will using sanctions and threats which cause immense suffering in many parts of the world.

    US send troops to Iraq and Afghanistan to protect US interests and protect American life from terrorists. Millions were killed... Is the world any safer? One has to strip naked to pass thru an airport...tell me about it. Those leaders who uses drones to kill innocent people are no better than war criminals.
    • Western backed revolutions?

      And here I thought it was the Ukrainians that wanted to join the EU.
      • Some, but not all

        A minority in the western part of the country want closer ties to EU/West. US State Department has been whipping up descent in Ukraine for quite some time. Russia had offered Ukraine essentially a chance to go with a Federalist type system. Each region of the country would decide their own fate.

        Obama/EU balked at the Russian proposal since they knew the majority would potentially side with wanting closer ties with Russia. This crisis blew up in the current US administation's face when it began supporting potential future leaders with fascist/dictatorial leanings with a soft insurgency within the capitol city. Without an official national referendum, how can the EU/West determine who/what is the "voice of the people".

        Our news media in the US is failing badly on educating the public about the recent history of this entire region. How is Russia's reaction any different from France going into Ivory Coast to "protect French citizens"? Didn't see much uproar or sanctions coming from Western allies. Besides, Crimea is essentially Russia's version of Guantanamo Bay except they are actually paying to be there. Would the US behave any differently than Russia with regard to Guantanamo?

        All the verbal diarrhea by Obama/Kerry team has caused them to shot themselves in the foot more than once by pretending to be hawks. Not sure who can help them now with real diplomacy, Merkel perhaps, since they're convinced they're smarter than everyone else.
        Tired Tech
        • Guantanamo

          I'm under the distinct impression that the US pays the rent for Guantanamo into an interest bearing escrow account. I'm guessing that when relations between the US and Cuba are finally normalized, the Cubans will be into a significant amount of money.
          John L. Ries
          • You're correct about Guantanamo

            they signed a lease before Castro's revolution, and Castro cashed the first check he received which in essence confirmed they intended to allow the U.S. to continue to lease the area as was done before.

            They later changed their mind but it was too late.

            Every year the US sends a check to the Cuban government, but they don't cash them, which doesn't alter the lease in any way.
    • Ukraine

      "Ukraine is a basket case on the brink of bankruptcy with no police or military."

      Sure, Ukraine demilitarized when they signed an agreement with Russia that guaranteed Ukrainian sovereignty and the integrity of their borders. You know, the agreement that Russia violated when they took over Crimea.
  • If Putin used Drones to shoot terrorists in Ukraine what will Obama say?

    Bhahahaha....its a conundrum
  • From Saudi Arabia with money.

    Saudi Arabia is the worst offender of human rights and basic human rights. No religions freedom, no press freedom... women are suppressed... they can't even drive a car... Guess who is their biggest trading partner... the US and the West....Bahahahaha....
    • So.. Russia is like Saudi Arabia?

      And we hoped it was one of the western countries... Bahahahaha....
  • And the rest of the world has powerhouses of their own in the same fields

    so what exactly are people missing out on?
  • Russian Software

    Is used through US medical apps, including the Obamacare website.