The IT industry is a strategic segment of the Russian economy, as its growth rate exceeds the GDP dynamics, and this trend is likely to continue in the future. Further development of the IT industry requires skilled professionals, and the government relies on increasing the number of students receiving education in IT by involving experienced local business mentors and foreign experts.

One of the key objectives of IT public policy is the creation of favorable conditions for the active development of technological entrepreneurship in Russia, including

the introduction of tax reform and ensuring the availability of grants to finance promising ideas. The number of successful IT-related business projects and contracts in the venture capital market is increasing.

Why working with Russian IT companies

The market of information technologies in Russia forms due to the activity of the companies of the following segments: computer and network equipment, software, and IT services. The continuous development of the sector and new innovations made Russian companies key players access the region and develop IT & software solutions for the internal market as well as businesses that are interested in the Russian digital market. 

Due to the accent, the Russian IT professionals put on cybersecurity, the demand for these types of services and products has known growth from foreign companies, according to a study made by T Advisor in 2019. 

What to be aware of when working with Russian IT companies

Bans and restrictive legislation keep Russian IT companies to speed up the growth process of the entire industry and restrain them in exporting digital services and goods. This is one of the reasons why many Russian companies relocated to places with a more accessible market, to the west in Europe or to the south, in China. 

Another thing is worth being aware of is the technical skills of IT specialists from different regions of the country. Since the talent is not equally distributed to all regions, many Russian IT companies lack experience and professionalism in communication and project management which may be a challenge for potential clients. 

How reliable are Russian IT companies

The specific taste of doing business with Russian companies remains nothing more than the ‘90s stereotype but nonetheless plays an important role in conceiving IT companies and startups as reliable.

In their struggle of combatting the stereotypes, many Russian web agencies and IT companies explored other ways of cooperation and attracting customers, including by lowering the prices and offering additional services compared to what Western IT companies and web agencies do.

How does the Russian IT industry relate to the neighboring countries

When it comes to neighboring countries, the Russian IT industry finds it in an interesting position. With China as one of the biggest IT players in Asia and an open Ukrainian market to the west, Russia has not had too many choices to handle mainly the internal market - which creates enough demand for local web companies. This has led even to several attempts to “disconnect” from the World Wide Web network and create their own independent one. However, most IT specialists consider that the Russian IT industry will not be able to exist without a connection to the global market.

IT strategy is a broad notion that refers to how an organization manages its hardware, software, networks, policies, staff, and cloud-based technologies. Companies hire IT strategy consulting firms to examine many aspects of their operations, such as administration and expense effectiveness.

According to consulting statistics supplied by Consultancy.uk, management consulting is 27% likely to be automated. To put it another way, management consultants must boost productivity through automation in order to remain competitive and profitable.

Benefits and key factors of hiring an IT consulting service include:

• Obtaining proficient IT assistance and prompt services;

• Enhancing effectiveness and business results via streamlined procedures;

• Cost and Time Savings;

• Strengthened concentration on the primary business activities;

• Identifying vital areas for enhancement;

• Gaining from established knowledge and proficiency;

• Augmented security, software upkeep, and assistance;

• Proficient and efficient communication.

IT strategy consulting utilizes various technologies to optimize organizations' IT infrastructure and operations, including key technologies like: Cloud Computing, Data Analytics and Business Intelligence, Artificial Intelligence and Machine Learning, Cybersecurity Solutions, IT Infrastructure Management, ERP & CRM Systems, IoT Solutions and so on.

Therefore, you can use TechBehemoths to find reputable and successful IT Strategy Consulting service providers.

After you landed on the list of IT Strategy Consulting companies on TechBehemoths, you can continue your research by filtering them using criteria such as:

• Team size 

• Reviews 

• Location 

• Services

• Company score 

Find more about how to choose an IT Strategy Consulting Company on TechBehemoths. 

Our platform can connect you with the leading IT consulting company at the moment if you're looking for a company that combines these competencies while also offering top-notch insights into the operations of your business. 

However, choosing the best vendor for your project may be difficult given that TechBehemoths lists over 2047 IT Strategy Consulting businesses. To accomplish this, we advise submitting your project directly on TechBehemoths, which will enable us to find the businesses using the platform that best meet your needs.