Russia?s IT service market slammed on the brakes in 2012

Russia?s IT service market slackened its pace of development last year, losing more than 50% of its 2011 vigor, IDC Russia analysts found.

Russia?s IT service market slackened its pace of development last year, losing more than 50% of its 2011 vigor, according to a study last month by IDC, a global research and market intelligence provider. The market is believed to have grown by almost 11% to $6.58 billion in 2012, a fairly faint-hearted advance when compared to a robust 27% upsurge the year before. East-West Digital News, the international resource on Russian digital industries, reported IDC?s most essential findings on the matter yesterday. Outsourcing, driven by contracts with western companies, was particularly important in 2012, IDC said. Dwarfed by other segments with its modest 15.7% of the market, it was nonetheless found to be the primary locomotive of market growth. The IT infrastructure outsourcing sub-segment in particular gained strong momentum with 60% growth. Systems integration, still the biggest segment of the Russian IT market, and contractual software development inched last year up to 28.5% and 26.3% of the total, respectively, thus showing negligible headway...