Monday 21 October 2013

Russia: the 37th most tech-savvy country in Europe… | beyondbrics

Russia: the 37th most tech-savvy country in Europe… | beyondbrics:

"Why invest in Russian web companies? Look at the country’s web usage figures, and there are plenty of reasons to be downbeat.

At the most recent international tally in 2012, 47 per cent of Russians had no access to the internet. Internet penetration as a share of the population was the 37th highest in Europe. Bosnia and Herzegovina was more connected than the Russian behemoth.

By these standards, Russia is a digital laggard. But investors would be wise not to shun the country. Its consumer base – 72m web surfers – is bigger than that of any other European country. Internet usage is the second fastest growing in Europe, after Italy. What’s more, the local cyber industry is abuzz."

'via Blog this'

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