OREANDA-NEWS The revenue of Russian companies in the field of information technology (IT) increased after the withdrawal of foreign competitors from the market. Vedomosti writes about this with reference to business representatives.

The manufacturer of the office software package "Moyofis" (an analogue of Microsoft Office) earned almost four times more in 2022 compared to last year — 3.3 billion rubles. At the same time, the number of customers has tripled, and the average transaction amount has increased by 25 percent, the source said. Open data from the State Information Resource of accounting (financial) statements show that the net profit of the main legal entity of the company "New Cloud Technologies" increased to 385 million rubles compared with a loss of 1.4 billion in 2021.

Natalia Kaspersky, Chairman of the Management Board of the Association of Software Developers (ARPP) "Domestic Software", noted the increase in revenue from the majority of Russian IT specialists in 2022. According to the ARPP survey, 68 percent of domestic development companies reported an increase in revenue. "Nevertheless, 19 said that revenue decreased, 12.6 percent remained at the same level," Kaspersky added. The head of the industry association said that most companies have also increased the number of staff. She believes that changes in the financial performance of the business are related to external political events.