Cinimex Listed Among Top-10 Largest Suppliers of Outsourced Software Development

Business intelligence agency TAdviser listed Cinimex among the TOP-10 largest suppliers of outsourced software development in Russia in 2021. The company’s revenue in 2021 was up by 23.9% year over year, reaching RUB 2,710 million.

TAdviser’s release points out that the Russian market of outsourced software development was on the rise and registered an upward trend in 2021. According to Russoft Association, total revenue of Russian software companies reached RUB 1.5 trillion – 19% up from the previous year. Total order volume in software development for Russian clients amounted to RUB 260-300 billion, 20-21% up from last year. Overall, 2021 turned out to be one of the most successful years for the industry in the last decade.

In addition, TAdviser provides an overview of the key trends in the Russian market of outsourced software development in 2022.

Find the analytical report with complete ranking of the largest outsourcing companies here.

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