Representative statistics
- Worldwide outsourcing industry is rapidly growing driven by mounting cost pressures and shrinking time to market cycles
- Russia has enormous human intellectual potential based on its science-oriented education system and a well established network of scientific and research institutes in such metropolitan centers as St. Petersburg, Moscow, Novosibirsk, Zelenograd spawning numerous software, ICT and engineering companies
- Russia’s low cost and high quality labor create an excellent opportunity for global companies to reduce their IT and Engineering cost
- Global shortage of engineers is expected to drive demand for engineering talent to the countries like Russia
- High level of professionalism of Russian scientists is demonstrated by the fact that Russian scientists produced more technical articles in 1995-1998 than Italy and Spain, almost as many as France and Canada and more than China and India combined
- Russia has a highly educated work force placing it in the top three countries (excluding USA) in terms of the number of people with University Degrees
- Russia is second only to Germany (excluding USA) in terms of the number of people with Doctoral Degrees
- Russia has more than 1 million highly educated IT professionals
- The Russian IT outsourcing industry is well positioned for capturing a good portion of that growing IT and engineering outsourcing market.