Russia is making big strides in the outsourcing market but this growth is facing roadblocks due to negative international perception about Russia. Though Russian IT services industry is growing at the rate of ten percent yearly and Russia has achieved the top ten positions in the near shore outsourcing locations list, experts are saying that companies are still fearful of sending the outsourcing work to Russia.
Ian Marriot, V.P, Research, Gartner said:
One of the biggest challenges is global public perception of Russia as a place to take work to. If you look at what companies are doing, they are saying they are happy to do business in Eastern Europe - but not Russia. That’s going to take years to break down.
On the other hand Russian deputy IT Minister Dmitry Milovantsev said in an interview that the scenario is changing and we are witnessing the rebirth of the Russian economy as an economy of high technologies even though they still cannot compete with low cost countries such as India and China. At the end of the day it is the Russian outsourcing industry which is suffering.
Via: businessweek
