MTS ecosystem ranked second in the ranking of the largest companies in the field of information and communications technologies according to RAEX agency for 2023. Analysts annually assess the total revenue of IT companies, point out key areas of industry development and future market prospects.
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MTS’s IT revenue last year amounted to 174.6 billion rubles, increasing by almost 40% year-on-year, outstripping the average growth rate of other ranking participants. Contributions from the Fintech, B2B and Media verticals were notable.
“We are constantly improving in all areas of our business, both by improving existing products and by launching new market-relevant solutions. The quality of our services largely depends not only on the speed of development and implementation of technologies, but also on the continuous improvement of the level of competence of teams within the ecosystem. This is a multi-level work that we, as a leading IT company, have been doing for many years, thanks to which we confidently hold leading positions in the main ratings,” commented Pavel Voronin, MTS First Vice President for Technology.
In addition to MTS, 50 companies are included in the ranking. According to RAEX analysts, the total revenue of participants in 2023 increased by 27% and amounted to 722.5 billion rubles, of which almost 85% came from the top 10 in the ranking. The main driver remains import substitution, and the key segments of revenue growth are software development and IT services development.
Author:
RB Team
Source: RB
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