The Bank and the company have signed agreements for cooperation on the project during the St. Petersburg International Economic Forum.
The agreements have been signed by Dmitriy Kurdyukov, Vnesheconombank's First Deputy Chairman and Member of the Management Board, and by Dmitriy Komissarov, CEO at Noviye oblachniye tekhnologii.
The commitment by Vnesheconombank is planned to be up to RUB 1.9bn.
"The project will help us design new interrelated products and services and bring them to the market. VEB can support the project as part of pursuing its strategic goals to diversify the Russian economy, promote import substitution, and foster innovations in Russian software development. Promoting the high-tech economic sector by financing Russian projects is a priority focus area of the Bank for Development," said Dmitriy Kurdyukov.
"We are designing advanced applications for collaboration on corporate documents and data focusing on flexible interfaces with software platforms used by our customers. Additionally, MyOffice has been piloted in more than a hundred major organisations of Russia, and we have a clear understanding of the requirements of our existing and potential customers. The invested money will be used to expand the functionality and collaboration capabilities of the products since there is an extremely strong demand for enhanced business processes both in the Russian and global markets. We are planning to provide the users with tools to optimise their time and budget costs and build a secure information ecosystem within their organisations," says Dmitriy Komissarov.
Novyie oblachnyie tekhnologii is the Russian developer of MyOffice, an office software suite for document collaboration, exchange of messages, and file storage. Since 2013, the Company has been designing software products, which have already been piloted in key Russian ministries and are used, among other products, by the Russian Ministry of Telecom and Mass Communications, Federal Agency for State Property Management, Rostec Corporation, and the Russian Post.
MyOffice products have been entered into the Unified Register of Russian Software and certified by FSTEC Russia and the Russian Ministry of Defence to Russian information security requirements.
The MyOffice family is designed to expand the lineup of secure office products and applications available in the Russian market and meet the overall demand for advanced business intelligence tools. The company is also engaged in developing a lineup of customised products for government and private corporate and retail users.