"Tech Company 'Svertech' Under Investigation for Unlawful Data Mining Practices"
Taking the IT World by Storm: Sbertech's Latest Moves
In an exciting twist, Sbertech - the technological powerhouse under Sber - has cooked up something fresh! They've registered a new baby named Supertech, ready to conquer the software development world. The primary mission? Crafting top-notch tech software and whipping up tools for digital product development.
Curious cats at "Kommersant" discovered this fascinating news through Spark-Interfax. Sbertech's holding 98% ownership in Supertech, with the remaining 2% held by LLC "T-360." This adventure unfolds in Sochi's Sirius, Krasnodar Krai, on the federal territory.
You might be wondering, who's the dashing protagonist here? Let's shed some light:
- JSC "Sbertech" is none other than Sber's brilliant IT division. Sliced from Sber in 2011, it specializes in software development, raking in 20.5 billion rubles in 2024 revenues, though dipping into a net loss of 425.7 million rubles. Besides Supertech, it's a lone wolf, not welcoming any other subsidiaries.
- As for LLC "T-360," it strolls onto the stage in 2022, swinging a sword of software development prowess. Linked to LLC "Digital Assets," a FICC management company, it amassed revenues of 231.5 billion rubles in 2022, but landed in a net loss of 98.5 billion rubles.
Leonid Delitsyn, Analyst at FG "Finam," believes Supertech is destined to revolutionize state governance and education systems, crediting its location in Sirius. Expect investments in the project to skyrocket, perhaps reaching 300 million rubles or more, with a team of 20-30 skilled folk, including Sirius' finest minds, on board.
Banks like VTB, Gazprombank, and Alfa Bank stay tight-lipped on the IT front, though small and medium-sized banks struggle to nurture IT budgets for business development. Large banks, brimming with resources and regional branches, find themselves smitten by software development for business models.
The Russian market still grapples with replacing foreign IT solutions, particularly in the Big Data segment, where Russian alternatives are merely tipping their toes. Domestic systems fail to replace solutions for investment and brokerage operations, with AI infrastructure trailing too. Sber has earmarked 450 billion rubles for digital technologies in 2024-2026, eyeing AI solutions.
The emergence of Supertech could ignite more competition among domestic developers, revving up the market and paving the way for homegrown software tailored to the needs of KII. Alexander Zaitsev, CEO of Atomic Capital, underscores Sber's strategy to develop its own IT ecosystem. He envisions Supertech churning out innovative software products and AI solutions for Sber, as well as external clients.
Can Supertech redefine the Russian IT landscape? Only time will tell, but one thing is for sure - the digital world is about to witness a thrilling showdown!
Varvara Polonskaya, Yulia Poslavskaya
In this dynamic landscape, the finance sector seems poised for a significant shift as Sbertech, a prominent business entity within the technology domain, seeks to expand its influence through its new subsidiary, Supertech. With a focus on software development and digital product creation, Supertech's mission could potentially revolutionize various sectors such as state governance and education, increasing investments in the project and creating a team of skilled professionals.
Meanwhile, the Russian market continues to grapple with replacing foreign IT solutions, particularly in the Big Data segment and AI infrastructure. As a notable player in the digital technologies sector, Sber has earmarked substantial resources for AI solutions, hinting at a competitive landscape in the near future as more homegrown software tailored to local needs emerges.
