Russian Companies Breaking Into the Brazilian IT Market

... significantly behind Brazil. The specifics of the Russian legislation, domestic consumers’ low incomes, state-owned companies, and government agencies with their sometimes unorthodox approaches to choosing IT suppliers, difficulties in attracting investments and limited export opportunities for Russian IT firms due to Russia’s international isolation all combine to reduce domestic business opportunities dramatically. As a result, the IDC suggests the Russian IT industry will only grow 3.7% in ...