SCHNEIDER GROUP and DSIGHT partner to enable efficient collaboration of Russian technological startups and large international companies
According to IDC, the Russian IT market reached $ 24.18 billion (+7%)* in 2019. Venture investment volume in Russia in the same year reached $ 870 million, while exit deals are estimated at $ 5.5 billion**. Business software, marketing and advertising, cybersecurity, industrial applications, HR, transport and logistics, and real estate** are the most popular startups in the B2B segment.
Multiple government and private digital transformation initiatives (grants, subsidies, accelerators, etc.) drive demand for technology products and solutions and foster new high-tech startups.
Partnership between SCHNEIDER GROUP and DSIGHT will enable efficient collaboration between promising Russian startups and large international companies, bringing top tech thought the funding and capital it needs to bring advanced technological solutions for digital transformation to reality. “Our partnership will facilitate solution piloting and integration for talented Russian teams and finding innovative ideas and strong developer teams in Russia for foreign investors,” said Lars Flottrong, Partner, Partner, Digitalization & Innovation, SCHNEIDER GROUP.
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**Source: Venture Russia Report: 2019 results, www.dsight.ru