Central regions | Finance, business | Technology & innovation

Russian developer looks to unseat Microsoft from dominant position in Russia

22 Aug '18
New Cloud Technologies is developing a software platform, called My Office, to enable the user to both work on documents and store files in a cloud.

To enhance the product, the company is also developing a set of office services, including text editors, electronic tables, presentation tools, and an email client.

New Cloud Technologies is shooting for ongoing participation in the Russian governments IT import substitution program.

Earlier this year the company was said to have raised a hefty $30+m from VEB Bank, a domestic state-owned financial giant. The software developer needed the money to fine-tune its current products meant to help Russia replace imports completely in the B2G market segment and partially in B2B.
Publish in Twitter
Write to Facebook
Google Buzz
Write to LiveJournal
Show in MM
Share MK
Find Related Content


Tags: software (29) / Microsoft (25) / VEB Bank (13) / New Cloud Technologies (0) /

Latest News: Central regions
13 Feb '19 | Finance, business | Technology & innovation
12 Feb '19 | Technology & innovation
8 Feb '19 | Finance, business | Retail, FMCG
6 Feb '19 | Finance, business | Telecoms, media

Feature stories

29 Jan '19
Russian biologists and biophysicists have developed...
2 Nov '18
Drawing upon in-depth interviews, the book channels...
27 Aug '18
Search (News archive - 21320)
Independent Software Developers Forum
Marchmont News

Latest News

15 Feb '19
Scientists at the Far Eastern Federal University in...
14 Feb '19
Scientists in Nizhny Novgorod have developed and put...
13 Feb '19
A Russo-American accelerator called Starta...

Most read stories from last week

15 Feb '19
Scientists at the Far Eastern Federal University in...