Investment strategist at Aricapital Management Company Sergey
Posted: Mon Jan 27, 2025 6:23 am
According to the Center for Strategic Research (CSR), in 2021 the cybersecurity market in Russia was worth RUB 185.9 billion. Russian vendors accounted for 61% of this market, with foreign vendors accounting for the rest. Security Code was in the top 5 largest suppliers of information security tools by revenue (excluding services) with a share of 7% after Russia's Kaspersky Lab, Positive Technologies, InfoTeKS and the foreign Check Point Software Technologies. The CSR expected that the domestic cybersecurity market would grow to RUB 469 billion in the next five years.
Suverov notes colombia cell phone number list that vulnerability to hacker attacks has increased this year, so it is advantageous for state corporations to have their own company that could provide protection. In this case, according to him, companies will not have to turn to third-party companies and risk sensitive information. "This year, the geopolitical situation has changed, so it is obvious that it could have prompted the parties to make a deal," the expert said.
Anton Yakimov, Deputy CEO of the T1 Group for Technological Development, also notes that the topic of information security is now more relevant than ever. All leading players in the IT market are trying to build up their competencies and business in this area, despite the shortage of personnel. "Security Code" is one of the market leaders and an attractive asset. The demand for the topic, the demand and the high uncertainty of the market make the topic of selling the asset relevant right now, at the peak of interest," he says.
At the same time, the head of the ANO Information Culture Ivan Begtin linked Gens' sale of a stake in Security Code several years after the acquisition to the possible need for additional funds for 2023, for example, "to close the operational problems of the main asset - Lanit." The latter is engaged in system integration, part of the business of such companies is tied to the supply and implementation of equipment, but after February 24, this segment of the IT market "significantly dropped," Begtin noted. "Many companies in the IT market are in a state of uncertainty, when current contracts end, and there are no new ones. Previously, by the time the new federal or regional budgets were adopted, IT companies already had agreements on potential contracts for the next year, now the situation has changed," he said.
Another source in the information security market says that "in the conditions of economic turbulence, the information security market will consolidate around large players - Positive Technologies, Kaspersky Lab, BI.ZONE, RTK-Solar." "Only the largest and most stable market players with a wide portfolio and a wide range of customers will survive. Small companies, in the conditions of sanctions pressure, the departure of developers, the difficulty of obtaining loans, and increased requirements for information security, have three options - leave the market, unite in alliances, or sell out," this source predicts.
Suverov notes colombia cell phone number list that vulnerability to hacker attacks has increased this year, so it is advantageous for state corporations to have their own company that could provide protection. In this case, according to him, companies will not have to turn to third-party companies and risk sensitive information. "This year, the geopolitical situation has changed, so it is obvious that it could have prompted the parties to make a deal," the expert said.
Anton Yakimov, Deputy CEO of the T1 Group for Technological Development, also notes that the topic of information security is now more relevant than ever. All leading players in the IT market are trying to build up their competencies and business in this area, despite the shortage of personnel. "Security Code" is one of the market leaders and an attractive asset. The demand for the topic, the demand and the high uncertainty of the market make the topic of selling the asset relevant right now, at the peak of interest," he says.
At the same time, the head of the ANO Information Culture Ivan Begtin linked Gens' sale of a stake in Security Code several years after the acquisition to the possible need for additional funds for 2023, for example, "to close the operational problems of the main asset - Lanit." The latter is engaged in system integration, part of the business of such companies is tied to the supply and implementation of equipment, but after February 24, this segment of the IT market "significantly dropped," Begtin noted. "Many companies in the IT market are in a state of uncertainty, when current contracts end, and there are no new ones. Previously, by the time the new federal or regional budgets were adopted, IT companies already had agreements on potential contracts for the next year, now the situation has changed," he said.
Another source in the information security market says that "in the conditions of economic turbulence, the information security market will consolidate around large players - Positive Technologies, Kaspersky Lab, BI.ZONE, RTK-Solar." "Only the largest and most stable market players with a wide portfolio and a wide range of customers will survive. Small companies, in the conditions of sanctions pressure, the departure of developers, the difficulty of obtaining loans, and increased requirements for information security, have three options - leave the market, unite in alliances, or sell out," this source predicts.