There are 3 Companies in Russia
that provide Oracle Consultancy Services!

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.

Oracle is one of the biggest tech companies in the world by market capitalization (more than $300B) with more than 160K employees and offices in different countries.

It provides a wide range of software solutions, mainly database software, enterprise software and cloud based services.

Oracle was initially founded as a competitor of IBM in the late 1970s and was known ever since primarily for its database software. However, in recent years the company focused on cloud computing and cloud services.

There are multiple reasons why enterprises choose Oracle software to power their processes. Here are some of them:

• Flexible

• Scalable

• Secure

• Performance focused

• Includes cloud solutions

• Robust backup & recovery options

If you have a project that requires Oracle development or consultancy services, you might want to collaborate with a reputable company that will execute and take into consideration your project requirements. 

Choosing the right service provider for your business needs can be a challenging task. When looking for an IT company to work with, make sure you research the market and consider multiple aspects like:

• Company experience

• Team expertise

• Previous works

• Price range

• Company location

• Client reviews

• Communication & reporting

There are more than 500 companies listed on TechBehemoths that provide Oracle development/consultancy services. 

You can use the advanced filter to narrow down the results and shortlist the service providers that suit your search criteria.

There is no obligation to hire and you have the option to submit your project requirements and get a list of handpicked companies to consider.