Rostec Tops the List of the Largest IT Companies in Russia

Rostec Tops the List of the Largest IT Companies in Russia

For the third year in a row Rostec State Corporation tops the list of the 100 largest Russian IT companies according to the analytical center TAdviser.

TAdviser has prepared a new ranking of the largest companies operating in the Russian IT market. The total revenue of the top-100 participants is over 1.35 trillion rubles, which exceeds the previous ranking by more than 200 billion rubles.

Over the past year the leader has not changed. Rostec still holds the first place. The proceeds of the radioelectronic cluster of the State Corporation (Ruselectronics and Shvabe holdings, Concern Avtomatika) together with the National Center of Informatization (NCI) reached 226.965 billion rubles in 2017. For comparison, a year earlier this figure was 201 billion rubles.

The electronic cluster is the second largest cluster in Rostec.   It unites State Corporation enterprises that manufacture telecom equipment, electronics, data protection systems, identity and access management systems, systems of detection and prevention of intrusions into cyberspace, OLED LEDs, business intelligence systems, automated process control systems and encryption systems based on quantum computing.

In 2016, the Rostec board adopted the electronic cluster strategy. Over the next ten years, the average annual revenue growth of the cluster is planned at 21%. Such dynamics will be possible due to concentration on the prospective segments of the electronics market: new generation telecommunications equipment, communication systems, IT infrastructure, medical equipment, optical devices. At the same time, the share of civilian output should increase up to 50% by 2025.