COMPETITIVE POSITIONING OF RUSSIA

Talent	Culture	Infrastructure	Geopolitical factors	Business incentives
Vast talent pool from top Russian military conglomerates with solid experience (av. 5-15 years) in sophisticated environments Low labor costs	Russian work ethic and culture are European and very similar to that of US	Communication cost: * 8,000-12,000 $/month Stable power grid based on multiple technologies. Practically unlimited supply of oil.	Democratic government with political stability No outside enemies Direct flight to Moscow from most US cities: 8-10 hours	Income tax applies Total customs duty exemption No VAT for IT services export No import duty on IT equipment

OUTSOURCING TO RUSSIA IN THE PRESS

Cisco Launches Euro VC fund November 12, 2007 The Deal magazine runs a story on Cisco preparing to launch a new VC fund aimed at technology companies in Central and Eastern Europe, with commentary on the deal from Alexei Miller, Executive VP at DataArt. Read more

Hedging With Technology November 02, 2007 Global Services magazine devotes an exclusive cover story to the successful partnership between HedgeSpeed and DataArt, detailing DataArt’s expertise in financial technology and extensively quoting Alexei Miller. Read more

Offshoring Goes West August 21, 2007 Screen Magazine, a U.K.-based monthly magazine covering developments in the global financial IT and data businesses, devotes a feature article to the fact that firms are increasingly turning to Russia... Read more

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