Moscow/Walldorf — Most Western technology companies are losing ground in Russia under the weight of restrictive rules and mounting local competition. Germany’s SAP, however, is thriving. SAP is the clear leader in the Russian business-planning software market, supplying 53 of the top 100 Russian companies by revenue, according to a Reuters analysis of company filings. Its success has come at a time of intense legal pressure on foreign technology firms, including a law requiring them to allow Russian authorities to hunt for vulnerabilities in their software, which has raised security concerns in Washington. While the likes of Oracle, Microsoft and Google have been losing market share, Russia is one of SAP’s fastest-growing markets, with revenue rising by about a third to €468m last year. Part of the reason for this, analysts say, is that its products are entrenched in running the biggest state firms in industries including energy, metals, transport and retail. The German firm has inv...
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