ITHardware

Dec 18, 2026

Russian Deputy Prime Minister Maxim Akimov has called for creating favorable conditions for domestic telecommunications equipment manufacturers in the domestic market so they can displace foreign competitors. Simultaneously, the Russian IT company Eltex announced the launch of the second phase of its production. The company has set an ambitious goal of capturing 30-35% of the Russian telecommunications equipment market within the next two to three years. This statement reflects an import substitution strategy in a key segment of IT infrastructure and indicates plans to redistribute market shares in favor of local players.

ITSoftware

Mar 5, 2026

The Russian IT software market is experiencing an employment crisis for entry-level specialists. The market is oversaturated with graduates from online schools, creating competition of up to 100 applicants for a single position. Companies are downsizing their junior teams, and the implementation of artificial intelligence is exacerbating the situation by automating simple tasks and enabling one employee to perform the work of two. Experts note that during difficult economic times, companies are refusing to hire low-skilled personnel, leaving opportunities only for the most driven and qualified candidates. This creates structural problems for the sector, affecting its talent pool and innovation potential in the long term.

ITSoftware

Mar 5, 2026

On March 5, 2026, the Indian stock market staged a broad recovery, with the benchmark Sensex index surging 900 points to close above the 80,000 mark. This overall market strength, however, did not extend to the information technology sector, which underperformed. Notably, shares of major software firms Tech Mahindra and HCL Technologies declined by 1.38% and 0.61%, respectively. This divergence highlights sector-specific pressures or shifting investor sentiment, where general market gains failed to translate into positive performance for key software stocks. The activity provides insight into the relative performance and intraday dynamics within India's IT and software subsector, indicating selective profit-taking or concerns specific to the industry amid a broader rally.

ITSoftware

Mar 5, 2026

On March 5, 2026, Russia experienced widespread disruptions to key IT services. The primary incident involved the digital television operator Tricolor, which received over 7,000 complaints regarding non-functional systems; the company is working to resolve the issue. Parallel issues continued with services of Roskomnadzor, the federal communications watchdog, which received over 2,500 reports in a single day due to a DDoS attack that began in late February. Additionally, a major outage of the DeepSeek neural network occurred in the early morning, affecting more than 1,600 users in Russia. These events point to significant problems with the reliability and cybersecurity of the country's digital infrastructure, which could negatively impact user trust and the business operations of companies working in the software and digital services sectors.

ITSoftware

Mar 5, 2026

The Bengaluru bench of the National Company Law Tribunal (NCLT) has directed the commencement of liquidation proceedings against Infotech HAL, a 50:50 joint venture between Cyient Limited and Hindustan Aeronautics Limited (HAL). The order, dated March 3, 2026, pertains to an amount of ₹41.87 crore (approximately $0.45 million USD). Cyient Limited has indicated it is preparing to appeal the order. This development marks a significant regulatory and corporate event for the IT-focused joint venture, with potential implications for its financial health and ongoing business activities.

ITSoftware

Mar 5, 2026

State Corporation DOM.RF has revised the strategy of its subsidiary IT company DOM.RF Technologies. The main directions of the new strategy include big data, artificial intelligence (AI), digitalization of development, and information security. Additional focuses include training digital personnel, developing e-commerce, automation, and bringing services for the digital transformation of the housing sector to market. The company intends to share its expertise in Russian IT solutions with the industry, emphasizing that the success of large companies is already 70% determined by technology, particularly the role of AI in achieving financial success. This indicates a strategic shift towards in-house development and export of IT solutions within the Russian market.

ITSoftware

Mar 5, 2026

A survey in Russia reveals contradictory attitudes toward digitalization: 80% of respondents view it positively, yet 43% are prepared to completely abandon artificial intelligence technologies, 20% would forego government services and digital documents, and 8% would give up online services. Simultaneously, the article cites an example of active AI implementation in Russian business: the company "Bud' Zdorov" uses over 10 AI solutions for transcribing appointments, analyzing medical images, and supporting clinical decisions. This highlights an existing gap between public perception and the real-world practice of digital transformation in the IT sector, particularly within the software subsector.

ITSoftware

Mar 5, 2026

On March 4, 2026, Zhou Hongyi, a member of the National Committee of the Chinese People's Political Consultative Conference (CPPCC) and founder of 360 Group, proposed a policy initiative to support companies with 'security + AI' capabilities in developing secure AI agent products and deploying them in bulk across key sectors to drive scenario-based applications. The core objective of this proposal is to assist small and medium-sized enterprises (SMEs) in building vertical-specific AI agents at low cost, aiming to lower the application barriers for AI technology through policy guidance and promote the adoption and commercialization of artificial intelligence in specific industries. This move is expected to create new market opportunities and a supportive policy environment for China's AI software service providers, particularly those specializing in security and vertical solutions.

ITSoftware

Mar 5, 2026

The Government Work Report released on March 5, 2026, emphasizes the development of the 'Intelligent Economy' and provides specific quantitative targets. The report forecasts that China's smart terminal market shipments will exceed 900 million units in 2026. It also projects that the number of active AI Agents in Chinese enterprises will surpass 350 million by 2031, with an expected compound annual growth rate of over 135%. Furthermore, the report highlights growth in the satellite internet industry, anticipating the sector's scale to exceed 51.64 billion yuan (approximately $7.47 billion USD) by 2028. These elements provide clear policy guidance and market expectations for the development of software and artificial intelligence platforms.

ITSoftware

Mar 5, 2026

According to data from the World Artificial Intelligence Conference, the total number of large AI models released globally has reached 3,755, with Chinese companies contributing 1,509 of these, placing China at the forefront in terms of quantity. The article notes that China's foundational large models have accelerated their iteration pace this year and have already been implemented in practical applications across sectors including electronics, raw materials, and consumer goods. This statistical overview underscores China's market leadership position in the software AI domain.

ITSoftware

Mar 5, 2026

On March 5, 2026, the Chinese Government Work Report outlined key development directions for the science and technology industry during the 16th Five-Year Plan period (2026-2030). The report explicitly calls for promoting the enhancement of software service value and supporting the development of public cloud, which directly relates to the software industry. Simultaneously, the report emphasizes implementing new infrastructure projects such as ultra-large-scale intelligent computing clusters and computing-power-electricity coordination, and creating an upgraded version of '5G+Industrial Internet.' These measures are expected to create a vast market for software applications and cloud services. Furthermore, the report proposes strengthening support for the listing, financing, mergers, and acquisitions of technology-based enterprises in key core technology fields, providing policy convenience for capital operations and innovation within the software industry.

ITSoftware

Mar 5, 2026

February 2026 saw a 12% surge in job creation by AI-software companies, according to reports. This growth represents a positive trend, countering fears of job displacement by AI. The development is noted as significant for the Indian IT industry, indicating robust expansion and demand for skilled professionals in the AI-software subsector.