Analysis

With 84 million users, Russia’s Internet penetration rate has nearly doubled in five years

February 8, 2016 February 8, 2016

Russia, which lagged far behind most other European countries in terms of Internet penetration in the recent past (with a 37% penetration rate in 2010), has been catching up rapidly over the past few years. In late 2015, according to a GfK poll, Internet penetration exceeded 70%, with 84 million Russians aged 16 or more — up 4 …

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2015 in review: 10 search trends shared by Russians and Americans

January 30, 2016 January 31, 2016

East-West Digital News reviews the most important developments on the Russian high-tech scene in 2015. Today’s article, which was provided by Russian Search Marketing, highlights unexpected similarities in search trends in Russia and the United States. Last year Russian Search Marketing compared the 2014 search trends of Russians and Americans, noting the data that showed the similarities among users of two …

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2015 in review: The Russian Internet was less free than ever

January 29, 2016 February 7, 2016

East-West Digital News reviews the most important developments on the Russian high-tech scene in 2015. Today’s article analyzes the growing restrictions on online freedom in a country where the Internet was once considered to be relatively free. 2015 was marked by expanding restrictions and controversies around several Internet-related issues. In January, the authorities banned several bitcoin websites. However, following an appeal filed …

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This year might be a good one for selling to investors, believe Russian VCs

January 29, 2016 January 29, 2016

Which Russian startups may be interesting to international investors? Are there any positive trends on the Russian venture market? What do you expect from the tech sector in 2016? ArcticStartup has asked these and other questions to three Russian investors: business angel Alexey Menn, Life.SREDA’s Vladislav Solodkiy, and Maxfield Capital’s Alexander Turkot. Their professional background …

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2015 in review: Russia set strict restrictions to international data transfers and payment transactions

January 28, 2016 February 27, 2017

East-West Digital News reviews the most important developments on the Russian high-tech scene in 2015. Today’s story is about the main changes in the legal environment which affected foreign businesses. 1. Legislation on personal data storage Russia’s new legislation on personal data storage came into force on September 1. According to the new rules, only databases located in …

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2015 in review: Domestic e-commerce slowed down due to the crisis while parcel flows from China reached new heights

January 27, 2016 February 18, 2016

East-West Digital News reviews the most important developments on the Russian high-tech scene in 2015. Today’s article covers the evolution of the e-commerce market in both its domestic and cross-border dimensions. The domestic scene With 160 million small packages and parcels sent to online consumers in 2015, up 10% from the previous year, Russia’s domestic online retail …

2015 in review: Domestic e-commerce slowed down due to the crisis while parcel flows from China reached new heights Read More

Chinese and Russian e-commerce giants discuss cross-border trends at ‘Russian Davos’

January 27, 2016 February 4, 2016

Earlier this month in its seventh edition, the Gaidar Forum, a yearly conference and elite gathering sometimes dubbed “the Russian Davos,” held a round table about Russian e-commerce in a global perspective. This topic was featured at the forum for the very first time. The discussion was live streamed online as well with some 300 …

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2015 in review: Russia’s software export kept growing while authorities developed import substitution strategy

January 26, 2016 February 7, 2016

East-West Digital News reviews the most important developments on the Russian high-tech scene in 2015. Today’s article is about the trends on the IT service and software markets and the implementation of the government’s import substitution strategy. In 2015 the Russian IT services market grew by an average of 9-10% in ruble amounts, according to an IDC report …

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2015 in review: Russian startups strove to develop internationally – or leave the country

January 22, 2016 February 7, 2016

This and next week, East-West Digital News reviews the most important developments which took place on the Russian high-tech scene in 2015. Today’s article explains why and how Russian startups sought to develop on global markets. In 2015, Russia’s problematic international image did not seem to affect the reputation of Russian tech talents on the global high tech scene. Among the brightest examples was N-Tech …

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Russian software and IT services thrive in export markets

January 21, 2016 February 7, 2016

Over the past five years, Russian software and IT service exports have more than doubled, reaching about $7 billion. At the same time, demand for IT companies’ products on the domestic market has been falling. Analysts attribute it to a transformation of the Russian market, with demand shifting from hardware to services. The boom is …

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2015 in review: Foreign players did not lose all interest in Russian tech markets

January 21, 2016 February 7, 2016

This week and next, East-West Digital News reviews the most important developments on the Russian high-tech scene in 2015. Today’s article highlights the attitude of international players towards the Russian tech market. In spite of the international tensions, sanctions and retaliation measures that followed the Ukrainian conflict, Russia’s tech markets kept some appeal in the eyes of a number of …

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2015 in review: How the Russian government kept supporting innovation — and dreamt of challenging America’s technological domination

January 20, 2016 December 26, 2018

This week and next, East-West Digital News reviews the most important developments on the Russian high-tech scene in 2015. Today the series goes on with an analysis of government policies in the field of high technologies and innovation. In 2015 as in previous years, government stimulus played an important, if not crucial role to develop innovation in Russia. In April, …

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