A look at the IT industry in Eurasia

• The IT industry market in Russia

  The IT industry is a strategic sector of the Russian economy, as its growth rate has exceeded the dynamics of Russia’s GDP, and this trend is likely to continue in the future. Further development of the IT industry requires skilled specialists, and currently 195 IT companies are operating in Russia and providing services in this industry.

  Top IT companies in Russia

  The Tadviser analytical center has prepared a new rating of the 100 largest and most active companies in the Russian IT market in 2022, assessing the volume and dynamics of the Russian IT market.

  The table below shows the top 10 IT companies in Russia.

  No. 2022	Company	Number of employees	% Dynamics  Between 2021-222	Activity profile
  One	Rostec	n/a	32.3	Production of a wide range of products for various purposes – from electronic components to optical equipment, complex software systems and systems
  2	OCS Distribution	2100	21.5	Distribution of ICT, software, household appliances, as well as distribution services (financial, technical, logistical, informational, etc.).
  3	Marvel Distribution	1950	35	Distribution of ICT, software and IBT, production of consumer electronics , production of IT equipment
  Four	Softline Group	6000	26	Digital transformation, cybersecurity , clouds , in-house developments, managed services, etc.
  5	Huawei	n/a	-11.7	Supply of equipment for communication networks, IT products and solutions for all industries
  6	ICS Holding	6978	-3.3	Digital technologies, Big Data , Artificial intelligence , Cryptography , Information security
  7	Rostelecom	n/a	14.4	Digital service provider
  Eight	Group T1	8700	48.2	System integration, consulting, Cloud, software development, Big Data
  9	1C	n/a	8.1	Development, distribution, publication and support of computer programs for business and home use
  Ten	Dell	n/a	30.7	Russian representative office of the American company Dell

Introducing the top companies in the IT industry in Russia:

“Rostec State Corporation”

“Rostec” is officially a state corporation for assisting in the development, production and export of high-tech industrial products and is a Russian state holding company headquartered in Moscow, specializing in the consolidation and integration of strategically important companies, mainly in the defense and technology industries, and assisting in the development of production and exports with the aim of investing and bringing them to the stage of initial public offering (IPO).

“Rostec State Corporation” was established in 2007 to promote the development, production and export of high-tech industrial products for civilian and military purposes.

In December 2015, the Supervisory Board of “Rostec” approved its development strategy until 2025. According to this strategy, “Rostec” intends to change the Russian economic model with less emphasis on weapons, aviation components and software and more on electronics, telecommunications, robotics and other high-tech industries.

“ICS HoldingCompany”

“ICS HoldingCompany” is a Russian IT company founded in 2018 in Moscow.

The company is engaged in investment, management and integration in the telecommunications media and technology market and is one of the largest IT companies in Russia.

“ICS HoldingCompany” aims to promote the development of the digital economy in Russia and global markets and support domestic IT talent in various business sectors.

Subsidiaries of ICS Holding:

MFI Soft, Osnova Lab, Malvin Systems, Tehargos, Signatek, Bastion, ADM Systems, Garda Technologies, GK “Kryptonit”: LLC “MC Kryptonit”, NPK “Kryptonit”, GC YADRO: YADRO, Syntacore,

Areas of activity of “ICS HoldingCompany”:

Digital transformation of large companies, information security, data storage systems, Big Data, development and implementation of support systems for mobile operators, 5G mobile communications, cryptography and quantum computing, Internet of Things, blockchain technologies, legal technologies and artificial intelligence.

“Marvel Distribution“

“Marvel Distribution” was founded in 1991 and is one of the largest IT distributors in Russia and Eurasia. The company focuses on implementation strategy, diversification and innovation to differentiate its business in the IT market and industry.

Products

Wide-range, coherent portfolio

Focus on advanced technologies

Channel margin generation

Services

Advanced logistics system

Financial services

CRM and B2B systems

Following the research, we will introduce 2 well-known international companies in the Russian geography.

“ZUZEX”

IT company “ZUZEX” is an Israeli company that plays a significant role in the Russian IT industry.

“ZUZEX” is an IT company in the field of custom software development and operates in the international software products market, providing customized services in innovative mobile, desktop and web applications.

The company was founded in 2008 and employs over 100 IT professionals who provide a full range of services in the field of software development.

ZUZEX IT services include:

Custom Web Solutions Development

Windows Software Development

Mac Application Development

Mobile Application Development

Data Science and Image Processing

Software and Website Quality Assurance

Specializing in:

High Traffic Web Solutions

iPhone Application Development

Android Application Development

Computer Vision and Machine Learning

“Artezio”

“Artezio” is an American company with global expertise in software development, founded in 2000 and has completed over 1,000 projects for its international corporate client base. The company has become a key player in the European/US software development outsourcing market. “Artezio” has deep expertise in the industrial, financial, technology, e-commerce sectors.

Services:

Software Engineering

Business Analysis and Consulting

Technology Consulting

Software Quality Assurance and Control

Continuous Support and Maintenance

Products:

Artezio Diagram Designer for Windows 10

Cost Track for iPhone

PhotoVault

Help Desk

Gantt Viewer

Kanban Board for Jira

It is worth noting that the aforementioned companies have currently suspended their business activities in Russia due to European and American sanctions, providing a good platform for their Iranian counterparts in Russia.

Key and important factors for the presence of Iranian manufacturers in the Russian market

According to the initial research conducted on the information and communication technology industry in the large Russian market and considering the key factors:

High and consistent quality of Iranian products

Preferential tariffs on import duties of Iranian goods to Russia (hardware)

Low export costs of Iranian products to Russia compared to Western and Chinese goods (hardware)

The proximity and proximity of Iran and Russia as a logistical advantage and the possibility of exporting Iranian goods to Russia by various methods such as land, rail and sea transportation in the shortest time and at low shipping prices

The absence of a large part of the market from famous Western brands

The possibility of rapidly expanding market share and access to the competitive and trade space in Russia

It can be said that there is a high economic justification for entering the large Russian-Eurasian market, and the Fardad Group of Companies is proud to establish effective and successful joint cooperation in this direction.