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...Still, Russian tech companies are starting to figure out how to capitalize on their strengths. IBS Group (www.ibs-company.com) is successfully targeting the $2.5 billion domestic IT market. And TerraLink Technologies (www.terralink.ru) sells its software development and engineering services both at home and abroad. There are 5,000 to 8,000 professional programmers in Russia, generating revenues of $60 million to $100 million a year - a number that is growing 40% to 60% annually. Clients include Boeing, Intel, Motorola, Nortel and Sun Microsystems. But very few Russian companies meet international quality standards and even fewer have track records in the West...

Author: /time Magazine | Title: High Tech, Hard Sell | 4/2/2001 | See Source »

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