Lanit leads Russian IT service market

Wednesday 11 September 2019 | 09:51 CET | News

Russian companies Lanit, Tekhnoserv, Crock, I-Teco and ITG led in the Russian IT service market in 2018, reports Cnews.ru. The market share of Lanit passed 10 percent. The others trailed behind with less than 5 percent. 

Tekhnoserv held the second position despite a decline in its revenues. Crock came in third, with revenues up by 20 percent.  

Infosystems Jet and Softline were in the top ten, with both improving their market positions. The revenues of Compulink and Maykor declined.  

The Russian IT-service market totaled USD 5.10 billion in 2018, of by 1 percent year-on-year when calculated in US dollars, but up by 7.2 percent when calculated in local currency. The IT service market amounted to USD 5.16 billion in 2017, up by 20.7 percent in US dollars and up by 5.1 percent in local currency.

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Categories: IT
Countries: Russian Federation
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