There are 2 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 a company focusing on cloud technology. It offers computing networks and software to organizations worldwide to help them innovate and optimize their efficiency.  It was founded in 1977 and has approximately 159.000 employees. The first and only autonomous database to ease the organization and safety of customers’ data is made by them. Oracle also has the broadest suite of AI-driven cloud applications. More than 9.5 million donees have been helped across the United States, Europe, and the Asia Pacific Region, making it the world’s largest EHR implementation.

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

According to Forbes, Oracle has profits equal to approximately $10.6 billion and revenue worth $52.5 billion. It is ranked #16 among the world’s most valuable tech brands and #77 in the Global 2000 list.

Oracle Cloud Infrastructure offers increased performance, security, and is budget-friendly. With its help, businesses can move workloads from on-premises systems to the cloud. Oracle Cloud applications offer business leaders apps that help them upgrade, and get sustainable growth. Besides changing the world of business, Oracle is helping defend governments, boost scientific, and medical research. 

Your project can leverage the choice of a company that specializes in Oracle Consultancy. It can help close the gaps in the cloud using skilled resources, automated tools to address these challenges. Other perks from Oracle Consultancy are the following:

• Cost-effective
• Partnership possibilities
• Backup and Recovery
• Automatic software updates
• Choose the right cloud solution
• Safely transform your existing environment 

If you want to choose Oracle Consultancy for your project, you need to choose the one that relates to your goal. It should align with your business objectives and long-term goals. It can become a difficult job to do. So, when considering an Oracle Consultancy company, find out if it relates to the following criteria:

1. The right cloud strategy
2. Assessment of business and technology readiness
3. Gap analysis
4. Roadmap development
5. Configuration of cloud infrastructure
6. Rapid implementation
7. Prioritize data migration and integration

TechBehemoths is a reliable tech platform that has more than 1000 companies providing Oracle Consultancy in 105 countries across the world. Detailed company profiles and filter options permit you to choose the right firm providing the required services for your project. Location, Team size, and hourly rate are filters that will save your time and energy in the process of selection.