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Celebro Media Networks: SPIEF: Russian IT Industry will Shift towards Emerging Markets Through More Partnerships and Innovation
|By Business Wire
|May 27, 2014 09:58 AM EDT
The main prospects for Russian information technology sector, an
internationally competitive sector of Russia’s economy with globally
sough-after talent, lies in partnerships with emerging markets through
developing innovation. That was the message of some leading industry
experts at the St. Petersburg International Economic Forum’s (SPIEF)
annual discussion on IT.
SPIEF, an annual meeting of senior policymakers, business leaders and
experts across industries to discuss business with Russia, gathered
major stakeholders in the IT industry, including senior officials,
business executives, academics and industry associations leaders. This
year’s expert discussion focussed on Russia's IT sector futures in
exploring new markets, sustaining best talent and workforce and pursuing
the most effective strategy.
Russia’s Minister of Communications and Mass Media Nikolai Nikiforov
welcomed the participants on behalf of the Government of the Russian
Federation. One of key messages of IT industry leaders’ discussion
pointed to the need for capitalising on the strategic capabilities of
technologies on the global markets. Kirill Filippov, Chief Executive of
SPB TV, a major player in digital media solutions globally, stated that
the best prospects for Russian IT sector are in developing opportunities
with emerging markets through innovation and a geographically diverse
strategy. “Russian IT companies present interest for emerging markets
for a variety of reasons but the main one is that we offer unique
partnership models with high quality products and services”, said Mr
Filippov. He highlighted that “there are great opportunities for IT
industry in emerging markets for innovation because of better norms and
regulations, unlike in Europe or North America, where the regulatory and
normative environment slow down innovation which lead to losses in
money, time and other things”.
The experts discussed the importance of convergence technologies, which
is a product of multidisciplinary collaboration and is in demand
globally, as well as how technology should create new markets and what
strategies should fill emerging new niche sectors.
Valentin Makarov, President of RUSSOFT, Russia’s national association of
software developers, noted: “Russian software companies are well
integrated in the most advanced convergence areas such as bio-, nano-,
socio-, and automotive. We are present in all developed markets, which
we have no intentions to leave. We are in an active propagation in the
emerging markets too”.
Apart from investment figures, Russia’s strengths in IT education,
training, research and development globally were also major subjects in
the discussion. Sergey Plugotarenko, Director of the Russian Association
for Electronic Communications (RAEC), a major IT industry association,
who moderated the discussion, reported: “Russia’s IT sector is most
attractive for most venture investors, in fact, the industry received
80% of all investment deals in 2013, totaling USD 916 million just for
the first 9 months of the last year.” Furthermore, commenting on talent,
he noted that “Russia’s internet-focussed companies account for over 1,3
million people and this figure is only to rise”.
Agreeing with that, SPB TV’s Kirill Filippov, however, highlighted that
the effective model would be that IT companies with roots in Russia
should not only “think Russian” but “act as international companies with
several affiliates abroad at global locations in their operations”. He
noted that SPB TV is an international company that has its R&D base in
Russia, also pointing out to the likes of Kaspersky, JetBrains, IC,
Gamos and some others.
To find out more about SPB TV, visit: www.spbtvsolutions.com,
or contact Denis Perepelitsyn, Head of PR and Communications at SPB TV ([email protected]).
About SPB TV
SPB TV is one of the world's leading providers of end-to-end OTT TV,
IPTV and mobile TV solutions for video content delivery to multiscreen
devices. SPB TV's solutions for mobile TV are implemented by major
mobile operators, including MTS, Beeline and StarHub, and have received
recognition from mobile device producers the world over. The high
quality of the company's technological solutions has been honoured by
numerous prestigious international awards, including CSI Awards, TV
Technology Europe STAR Awards, Director, the Russian national ‘Big
Digit’ Award, the Russian Mobile VAS Awards, the Mobile Entertainment
Awards, the Google Developer Challenge and others. The company's user
application, SPB TV, is available on all mobile operating systems, and
its viewing audience has reached 30 million worldwide. SPB TV is
headquartered in Switzerland, with R&D headquarters in Russia and group
affiliates in Asia and South America.
This information was brought to you by Cision http://news.cision.com
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