The VK group of companies has published its financial report for the first quarter of this year. In general, VK is doing well: the average number of Russian users per month in the first quarter was 73.4 million, and the average daily audience of VKontakte in Russia was 47.2 million. In March, the monthly audience of VKontakte worldwide grew by 2.4% and amounted to a record 100.4 million, and the VK Video platform in March reached a record of 2.45 billion daily views. But from an infrastructure point of view, not everything is going smoothly: the company warned of possible failures and termination of certain services and services if the Russian infrastructure cannot meet the increased demand for the supply of network and server capacities.
“If the infrastructure in Russia cannot meet the increased demand, the group’s services may be interrupted or the group’s systems damaged. Limited availability of third party providers of network and server capacity may limit the group’s ability to offer certain services or expand.”according to the report.
Also, failures in the network or power supply can lead to data loss and a reduction in the number of users of VK services, which can also have a significant impact on the business, results of operations and financial condition of the company. In addition, the company points to problems in hiring new employees due to increased competition in the Russian Internet industry.
“Competition for top managers is high. One or more executives may move to a competitor or establish a rival company, resulting in the loss of strategic direction, users, know-how and additional staff to operations and profitability.”– the VK report says.
Earlier, VK sent a letter to the Ministry of Digital Transformation asking for help in purchasing “tens of thousands of servers”, as the company cannot find a vendor to purchase commercial batches of computer equipment on the market, which is necessary to ensure the current operation of the company’s services and to scale the IT infrastructure. The Ministry of Digital Transformation told TASS that there is no shortage of computer equipment in the Russian IT market.
Source: ixbt
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