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IT Human Capital Potential Still High in Russia
13 November 2006
IT Human Capital Potential Still High in Russia

Auriga, an American IT outsourcing services provider with development centers in Russia (since 1990) has announced the latest results of its own study aimed at showing Russian IT labor market potential. According to this survey, the amount of Russian IT labor entering the world market is nearly equal to that of India.

Auriga's survey specifically proves that Russia's competitive advantage is its high quality education system that focuses on fundamental engineering knowledge. The research found that the influx of new IT labor amounted to 244,468 people durring the 2005-06 academic year. This means that the total new IT labor in Russia is slightly lower than in India - which grew by 246,000 people in 2005-06, but the gap is considerably smaller than many had guessed.

Auriga's research was based on the data provided by the Russian Federal Statistics Service (Rosstat). Three academic years were reviewed and analyzed using the total number of newly qualified Russian university graduates.

Furthermore, "what is important to point out is that the number of IT graduates is almost equal in Russia and in India, all these IT professionals enter dramatically different outsourcing markets in terms of the volume. Russian IT outsourcing industry has reached $1B recently, while Indian IT and services exports outsourcing exceeded $22B." – said Alexis Sukharev, Auriga's president and founder. "This fact has high importance – the same number of fresh IT labor annually enters the strikingly different sized markets. Russian IT software outsourcing receives proportionately much more highly skilled engineering personnel. However, this is a big challenge for Russia to strengthen its position on the global IT outsourcing market."

About Auriga, Inc.:
Auriga – is the American IT outsourcing services provider with development centers in Russia (since 1990). Auriga was the first to adopt the Remote Engineering Center (REC) concept as its driving strategy. Recognized by Global Services as one of the Top 5 outsourcing providers in Central & Eastern Europe, Auriga focuses on delivering robust business and technology solutions to the high-tech and specialty equipment manufacturers worldwide. Auriga’s client list includes such industry majors as IBM, Draeger Medical Systems, LynuxWorks, NMS Communications, and many others

The research white paper may be downloaded here.

For more information or an interview, please contact:

Julia Rovinskaya
+ 7 495 975 7400 ext. 231
julia.rovinskaya@auriga.com

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