Russia's Push for Domestic IT Solutions: A Closer Look 🔥
IT sector's share in GDP doubled within a five-year span, according to Michael Mishustin.
In the realm of tech, things are heating up in Russia. Over the past five years, our IT sector has been on a rollercoaster ride, with an impressive average annual growth rate of nearly 28%! And guess what? Its influence on the nation's economy has almost doubled during this period. 📈
Our Prime Minister, Mikhail Mishustin, has been singing praises about the surge in demand for homegrown corporate solutions. In fact, demand has grown two to three times, and certain categories, like database management systems and cloud infrastructure, have skyrocketed by over ten times! 😮
Mishustin points out that before, businesses favored foreign suppliers, but thanks to the sanctions, domestic technologies and developments have become the go-to choice. The shift to local software can be seen everywhere, he notes. President Putin doesn't mince words, setting a goal to boost the share of organizations in key industries using domestic software to a whopping 80% by 2030. 🎯
Not too long ago, on March 19, our Minister of Digital Development, Maksut Shadaev, shared some exciting news. The sales volume of domestic IT solutions in 2024 jumped by a whopping 46% to a staggering 4.6 trillion rubles! As Shadaev puts it, "the momentum we are building, the demand for domestic software, software and hardware complexes, IT equipment, it is working actively."
- Maksut Shadaev, the Minister of Digital Development, recalled that the sales volume of domestic IT solutions in 2024 increased by an impressive 46% to a substantial 4.6 trillion rubles.
- The push for domestic IT solutions in Russia has been notably significant, with the finance, business, and technology sectors showing noticeable developments.
- With the demand for homegrown corporate solutions increasing two to three times, certain categories like database management systems and cloud infrastructure have experienced growth of over ten times.
- In line with President Putin's goal, the Prime Minister, Mikhail Mishustin, has emphasized the need for 80% of organizations in key industries to use domestic software by 2030.
