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Russian firms switching to local software

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Russian companies are increasingly buying homegrown software to avoid international sanctions, posing a challenge to the likes of Microsoft Corp and Oracle Corp in the country's US$3 billion local market.

Moscow

RUSSIAN companies are increasingly buying homegrown software to avoid international sanctions, posing a challenge to the likes of Microsoft Corp and Oracle Corp in the country's US$3 billion local market.

OAO Sberbank's life insurer in February started an online service

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