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Auriga on Russian market: 2009-2010 breakthrough years
7 September 2010
Auriga on Russian market: 2009-2010 breakthrough years

Auriga on Russian market: 2009-2010 breakthrough years

 

Though traditionally perceived and positioned as an outsourcing R&D services provider oriented to the Western market, Auriga has been delivering software development services for Russian clients as well. Over the recent years, the percentage of Russian companies in Auriga customer list and the share of revenues brought by projects delivered for Russian market have shown considerable growth. It is estimated that the revenue from Russian market has gone up 6 times by 2010, compared to the 2005 figures, and the number of Russian companies on Aurigas client list increased from only 2 in 2005 to 20 in 2010.

Last year has been a real breakthrough for Auriga the number of Russian customers increased by 50% in 2009FY. And the current year is demonstrating all features of continuing upswing: the revenue received from Russian based customers over the first four months of 2010FY is more than the same parameter for the entire 2008FY. It is expected that this year the share of Russian market in the overall revenue will exceed 30% compared to the maximum of 13% reached during the previous years.

In the local Russian outsourcing market, Aurigas interest is focused on the two main program lines - Product Development (PD) and Enterprise Automation (EA). The PD program is assigned to really dynamic young companies operating on such fast-paced markets as mobile software, e-commerce, smart financial tools, web portals & social networking. This distinct accent on small and research-intensive projects is a part of Auriga overall focus on start-up companies, which was described in our previous Newsletter. The EA program line is addressed to clients from Financial and High-Tech domain verticals: leading Russian banks, system integration and high-tech companies.

It is a very exiting and demanding task to work with recognized market leaders - brand names, known for their stability and cutting edge products. But with equal zeal we engage in projects for enthusiastic companies, who are strongly motivated and highly competitive despite their small size. Besides financial revenues, our Russian clients bring us challenge, hard work, and inspiration. says Gennadiy Mahov, Auriga Business Development Director.

 

About Auriga:

Auriga (www.auriga.com) is a software R&D and IT outsourcing services provider incorporated in the U.S. and operating development centers in Russia and Lithuania. The list of provided services covers all aspects of software product engineering for a broad range of knowledge areas from embedded and mobile software to enterprise and Web applications. Auriga combines top engineering talent with flexibility, cultural proximity to clients, and focuses on clients interests and convenience as its main driving strategy.

Founded in 1990, Auriga was the first Russian company to provide offshore/nearshore services to EU/US customers. Auriga is among top 10 outsourcing providers in Eastern Europe and Russia, and a worldwide leader in such services as R&D, OPD, software testing and QA, and such verticals as high-tech, healthcare, telecom. Auriga is constantly included in Global Services 100, Global Outsourcing 100, The Black Book of Outsourcing and other global industry ratings. The client list combines industry majors, leaders in their segments, and innovative start-ups, including IBM, Draeger Medical, LynuxWorks, Dialogic, Actel, BroadVision and many others.

 

For more information or an interview, please contact:

Gennadiy Mahov
+ 7 495 713-9900, ext.306
gennadiy.mahov@auriga.com

 

 

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