Welcome!

Search Authors: Pat Romanski, Plutora Blog, Elizabeth White, Liz McMillan, Tim Hinds

News Feed Item

New Boutique Consulting Firm Firebird International Announces Subsidies, Tax Cuts Lure 30 Billion Dollars Into Russian Technology Market, Offers Small and Mid-Sized Businesses Opportunity to Get Piece of the Action

NEW YORK, NY -- (Marketwire) -- 01/22/13 -- Firebird International, co-founded by Russia and C.I.S. media and sales expert Matthew Goldstein, announced today that its research indicated nearly 30 billion dollars will be invested in Russian technology markets by US and international firms investing and doing business in Russia. Firebird, however, feels that small and medium-sized technology, new media and investment companies are being left out of the action and aims to change this by providing them affordable, hands-on, turnkey corporate solutions.

In Russia, start-ups and business incubators are seeing massive expansion, drawing the attention of many international investment firms, including Tiger Global Management, a New York-based international investment management firm, which has mainly invested over 30 million dollars of its capital in Russia-based on-line commerce and travel sites, as well as retaining a stake in the Russian search engine giant, Yandex, which began trading on the Nasdaq in May, 2011. Bessemer Capital Ventures, along with other international partners, last year invested a startling 55 million dollars into on-line an on-line VIP shopping network KupiVip.ru. Likewise, angel investors like Zynga's Mark Pincus and Skype and Facebook's Peter Thiele, along with US Internet icons like Mark Zuckerburg and Sean Parker, have made major investments over the last year. Firebird's mission is to take a broader approach to the investment boom, helping to connect US private investors both with US and European companies seeking capital to expand into the region and as well as Russian and C.I.S. companies based in the region looking to expand both locally and internationally, with a focus on start-up and mid-sized businesses. For these businesses, Firebird is offering its full suite of services dedicated to market entry, including facilitation of the subsidies and tax cuts being offered via the Russian government, so as to allow technology growth and expansion on a global level.

Currently, according to comScore research, nearly sixty percent of Russians use the Internet. More surprisingly, Russian Internet users spend 100 percent more time on-line than any other nation. The country has long since taken over Germany as Europe's largest Internet market. Likewise, smartphone penetration, according to comScore, nears one hundred percent. "We see a lot of examples, as was the case in China, of Russian companies implementing successful business models from the West, improving on them, and innovating new and improved technologies from them. They are now ready and willing to expand not only regionally, but have produced new and improved technologies that can and will be competitive in US and European technology markets, so long as they are properly localized. We are helping them do just this and packaging them, for investment, in a way that international investors of all sizes are accustomed to," says Matthew Goldstein.

Firebird believes that there is still enormous room for regional growth as well, both for Russian and C.I.S. technology companies and foreign companies entering the region, so long as they know how to operate efficiently and take advantage of, instead of being stunted by, the country's complicated bureaucratic processes. With an annual GDP-per-capita growth of around 13 percent from 1999 through 2010 Russian consumers have money to spend.

Firebird points to many additional advantages to doing business in Russia and the C.I.S., among them the region's reputation as being a leader in the science and technology industries, which explains the very appealing businesses that have been and are being developed locally. According to the company, this is an added-value value incentive for international companies seeking to grow in Russia and the C.I.S., where they can find qualified staff that can easily comprehend and even improve upon their existing technologies. In addition, labor costs are extremely low. Outside of Moscow, especially in emerging "tech" cities like Novosibirsk, Perm', Kazan', Nizhnii Novgorod, Kiev, and even Tblisi (where Internet security R&D is highly advanced), Baku, and Almaty, technical geniuses, as well as brilliant designers and content producers, are available for a fraction of the cost that they would otherwise demand in the US and Europe. The Russian government has invested tens of billions of dollars in innovation and has no plans to stop investing at present time. Likewise, regional governments, such as that of Tomsk, offer special economic zones that have attracted companies like Nokia Siemens.

Moscow's Skolkovo mega-tech park, since its very recent launch in 2012, has in and of itself partnered with an enormous number of major US corporations, including Microsoft, Intel, Cisco, Apple, IBM, Honeywell and GE, to only name a few. "Obviously, these companies know what they are doing by so boldly rushing to enter the Russian technology market and agreeing to all the ambiguities that they are facing by acting so quickly. They are already seeing immense returns, which I think they themselves are somewhat astonished by," claims Goldstein.

According to Firebird consultant Sergey Yakovlev, Firebird retains the belief that, despite all this growth and development, many small and mid-sized Russian and regional companies, international companies that could use revenues from the Russian market to revive their businesses, and international investors still do not have the capacity or comfort to enter the market. For this reason, its team of seasoned experts across applicable fields are offering a very hands-on approach to the consulting business.

Currently, according to Expert-RA, 44 percent of start-ups' costs when launching are spent on surveys and research. Although Firebird does perform traditional market research and risk analysis, it strives to be much more full service, accessible, and, most importantly for many companies, charge a small fraction of the costs for traditional consulting operations, by reducing margins on services performed by roughly 60 percent from what established brands offer and compensating for the profit loss through equity and profit sharing agreements. It feels that this model also reassures its clients that it will do its utmost to facilitate their rapid success.

Among a host of services traditional and non-traditional to consulting and market entry firms, Firebird performs direct sales, creates and develops partner networks for companies entering the region, and provides turnkey solutions that include registration, licensing, patenting, securing of intellectual property rights, facilitation of subsidies and tax cuts, local and Internet banking implementation, marketing and PR services, HR and corporate training, technology adaptation and integration, translation services (including dubbing and closed-captioning for companies offering audio and visual media-related products), legal services and much more, in addition to direct investment and investment facilitation. "We understand," says Goldstein, "that to want to invest and expand in these markets is one thing and to have the budget and comfort level to do so quite another. Firebird will not simply hand you a report and a road map. Our experts will become your dedicated companions. We will share your risk and be with you every step of the way, whatever your objectives may be."

To read information about Firebird International and the services offered to Russia and C.I.S. companies in Russian, please click here:
firebirdinternational.com/Russian_Site.html

ABOUT FIREBIRD INTERNATIONAL

Firebird employs a host of ambitious, energetic specialists, with experience across fields and most notable for their expertise in on-line banking systems, Internet security systems and anti-virus software, NFC and navigation and location-based technologies, telecommunications, WiMax, IP, broadcast and satellite communications systems, digital content provisioning, aggregation, and distribution systems, VoIP, energy, nano and bio technologies, consumer electronics, design and publishing software, social networking platforms, iOS and Android applications, localized brand development, marketing, and PR services, governmental relationship building, and HR and corporate training. Due to the extensive work of co-founder Matthew Goldstein in opening and selling content for entertainment and media outlets in the region Firebird caters to many clients in the entertainment industry in terms of adaptation and sales of digital content as well as acquisition of regionally produced content.

The following represents the full list of services provided by the firm, targeted at startup and mid-sized level technology and media companies, or hybrids thereof, in the US and Europe seeking to expand to Russia and the C.I.S., Russia and regional companies seeking to grow locally and internationally, and investors seeking to gain footing in the region:

Political and Risk Analysis, Qualitative and quantitative market analysis, patenting, trademark and intellectual property registration, customs' registration and facilitation, marketing adaptation, localized PR and marketing services, localized HR and corporate training, technology conversion, implementation, support, and development, digital and traditional translation services, dubbing and closed-captioning services, relationship building with local governments, facilitation of government subsidies and tax cuts in the US and Russia, creation of local partner networks, implantation of traditional and electronic banking systems, real estate location and evaluation, development of company branding, business plans, and financials for investment procurement, direct investment and investment facilitation, direct traditional and digital content licensing sales, direct technology licensing and sales, and added-value localized co-branding, event planning, and merchandising via licensing agreements.

For interested investors, Firebird has its own investors' network, offering free membership to qualified investors and added-value, fee-based specialized services.

For more information, please call Firebird toll-free from the US at 1-800-593-4346 or, from the UK, at +44208588068. To ask questions via email, or schedule an appointment to visit with us in either Boston or New York, please fill out our contact form or simply write us at [email protected]. If you are a start-up, seeking financing for development, please submit your business plans to [email protected].

Add to Digg Bookmark with del.icio.us Add to Newsvine

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

@ThingsExpo Stories
The Industrial Internet revolution is now underway, enabled by connected machines and billions of devices that communicate and collaborate. The massive amounts of Big Data requiring real-time analysis is flooding legacy IT systems and giving way to cloud environments that can handle the unpredictable workloads. Yet many barriers remain until we can fully realize the opportunities and benefits from the convergence of machines and devices with Big Data and the cloud, including interoperability, data security and privacy.
SYS-CON Media announced that Cisco, a worldwide leader in IT that helps companies seize the opportunities of tomorrow, has launched a new ad campaign in Cloud Computing Journal. The ad campaign, a webcast titled 'Is Your Data Center Ready for the Application Economy?', focuses on the latest data center networking technologies, including SDN or ACI, and how customers are using SDN and ACI in their organizations to achieve business agility. The Cisco webcast is available on-demand.
IoT is still a vague buzzword for many people. In his session at @ThingsExpo, Mike Kavis, Vice President & Principal Cloud Architect at Cloud Technology Partners, discussed the business value of IoT that goes far beyond the general public's perception that IoT is all about wearables and home consumer services. He also discussed how IoT is perceived by investors and how venture capitalist access this space. Other topics discussed were barriers to success, what is new, what is old, and what the future may hold. Mike Kavis is Vice President & Principal Cloud Architect at Cloud Technology Pa...
Dale Kim is the Director of Industry Solutions at MapR. His background includes a variety of technical and management roles at information technology companies. While his experience includes work with relational databases, much of his career pertains to non-relational data in the areas of search, content management, and NoSQL, and includes senior roles in technical marketing, sales engineering, and support engineering. Dale holds an MBA from Santa Clara University, and a BA in Computer Science from the University of California, Berkeley.
The Internet of Things (IoT) is rapidly in the process of breaking from its heretofore relatively obscure enterprise applications (such as plant floor control and supply chain management) and going mainstream into the consumer space. More and more creative folks are interconnecting everyday products such as household items, mobile devices, appliances and cars, and unleashing new and imaginative scenarios. We are seeing a lot of excitement around applications in home automation, personal fitness, and in-car entertainment and this excitement will bleed into other areas. On the commercial side, m...
The Internet of Things (IoT) promises to evolve the way the world does business; however, understanding how to apply it to your company can be a mystery. Most people struggle with understanding the potential business uses or tend to get caught up in the technology, resulting in solutions that fail to meet even minimum business goals. In his session at @ThingsExpo, Jesse Shiah, CEO / President / Co-Founder of AgilePoint Inc., showed what is needed to leverage the IoT to transform your business. He discussed opportunities and challenges ahead for the IoT from a market and technical point of vie...
Things are being built upon cloud foundations to transform organizations. This CEO Power Panel at 15th Cloud Expo, moderated by Roger Strukhoff, Cloud Expo and @ThingsExpo conference chair, addressed the big issues involving these technologies and, more important, the results they will achieve. Rodney Rogers, chairman and CEO of Virtustream; Brendan O'Brien, co-founder of Aria Systems, Bart Copeland, president and CEO of ActiveState Software; Jim Cowie, chief scientist at Dyn; Dave Wagstaff, VP and chief architect at BSQUARE Corporation; Seth Proctor, CTO of NuoDB, Inc.; and Andris Gailitis, C...
SYS-CON Events announced today that CodeFutures, a leading supplier of database performance tools, has been named a “Sponsor” of SYS-CON's 16th International Cloud Expo®, which will take place on June 9–11, 2015, at the Javits Center in New York, NY. CodeFutures is an independent software vendor focused on providing tools that deliver database performance tools that increase productivity during database development and increase database performance and scalability during production.
Today’s enterprise is being driven by disruptive competitive and human capital requirements to provide enterprise application access through not only desktops, but also mobile devices. To retrofit existing programs across all these devices using traditional programming methods is very costly and time consuming – often prohibitively so. In his session at @ThingsExpo, Jesse Shiah, CEO, President, and Co-Founder of AgilePoint Inc., discussed how you can create applications that run on all mobile devices as well as laptops and desktops using a visual drag-and-drop application – and eForms-buildi...
"People are a lot more knowledgeable about APIs now. There are two types of people who work with APIs - IT people who want to use APIs for something internal and the product managers who want to do something outside APIs for people to connect to them," explained Roberto Medrano, Executive Vice President at SOA Software, in this SYS-CON.tv interview at Cloud Expo, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
Performance is the intersection of power, agility, control, and choice. If you value performance, and more specifically consistent performance, you need to look beyond simple virtualized compute. Many factors need to be considered to create a truly performant environment. In his General Session at 15th Cloud Expo, Harold Hannon, Sr. Software Architect at SoftLayer, discussed how to take advantage of a multitude of compute options and platform features to make cloud the cornerstone of your online presence.
SYS-CON Media announced that Splunk, a provider of the leading software platform for real-time Operational Intelligence, has launched an ad campaign on Big Data Journal. Splunk software and cloud services enable organizations to search, monitor, analyze and visualize machine-generated big data coming from websites, applications, servers, networks, sensors and mobile devices. The ads focus on delivering ROI - how improved uptime delivered $6M in annual ROI, improving customer operations by mining large volumes of unstructured data, and how data tracking delivers uptime when it matters most.
Almost everyone sees the potential of Internet of Things but how can businesses truly unlock that potential. The key will be in the ability to discover business insight in the midst of an ocean of Big Data generated from billions of embedded devices via Systems of Discover. Businesses will also need to ensure that they can sustain that insight by leveraging the cloud for global reach, scale and elasticity.
“The age of the Internet of Things is upon us,” stated Thomas Svensson, senior vice-president and general manager EMEA, ThingWorx, “and working with forward-thinking companies, such as Elisa, enables us to deploy our leading technology so that customers can profit from complete, end-to-end solutions.” ThingWorx, a PTC® (Nasdaq: PTC) business and Internet of Things (IoT) platform provider, announced on Monday that Elisa, Finnish provider of mobile and fixed broadband subscriptions, will deploy ThingWorx® platform technology to enable a new Elisa IoT service in Finland and Estonia.
Advanced Persistent Threats (APTs) are increasing at an unprecedented rate. The threat landscape of today is drastically different than just a few years ago. Attacks are much more organized and sophisticated. They are harder to detect and even harder to anticipate. In the foreseeable future it's going to get a whole lot harder. Everything you know today will change. Keeping up with this changing landscape is already a daunting task. Your organization needs to use the latest tools, methods and expertise to guard against those threats. But will that be enough? In the foreseeable future attacks w...
As enterprises move to all-IP networks and cloud-based applications, communications service providers (CSPs) – facing increased competition from over-the-top providers delivering content via the Internet and independently of CSPs – must be able to offer seamless cloud-based communication and collaboration solutions that can scale for small, midsize, and large enterprises, as well as public sector organizations, in order to keep and grow market share. The latest version of Oracle Communications Unified Communications Suite gives CSPs the capability to do just that. In addition, its integration ...
SYS-CON Events announced today that ActiveState, the leading independent Cloud Foundry and Docker-based PaaS provider, has been named “Silver Sponsor” of SYS-CON's DevOps Summit New York, which will take place June 9-11, 2015, at the Javits Center in New York City, NY. ActiveState believes that enterprises gain a competitive advantage when they are able to quickly create, deploy and efficiently manage software solutions that immediately create business value, but they face many challenges that prevent them from doing so. The Company is uniquely positioned to help address these challenges thro...
From telemedicine to smart cars, digital homes and industrial monitoring, the explosive growth of IoT has created exciting new business opportunities for real time calls and messaging. In his session at @ThingsExpo, Ivelin Ivanov, CEO and Co-Founder of Telestax, shared some of the new revenue sources that IoT created for Restcomm – the open source telephony platform from Telestax. Ivelin Ivanov is a technology entrepreneur who founded Mobicents, an Open Source VoIP Platform, to help create, deploy, and manage applications integrating voice, video and data. He is the co-founder of TeleStax, a...
We certainly live in interesting technological times. And no more interesting than the current competing IoT standards for connectivity. Various standards bodies, approaches, and ecosystems are vying for mindshare and positioning for a competitive edge. It is clear that when the dust settles, we will have new protocols, evolved protocols, that will change the way we interact with devices and infrastructure. We will also have evolved web protocols, like HTTP/2, that will be changing the very core of our infrastructures. At the same time, we have old approaches made new again like micro-services...
Disruptive macro trends in technology are impacting and dramatically changing the "art of the possible" relative to supply chain management practices through the innovative use of IoT, cloud, machine learning and Big Data to enable connected ecosystems of engagement. Enterprise informatics can now move beyond point solutions that merely monitor the past and implement integrated enterprise fabrics that enable end-to-end supply chain visibility to improve customer service delivery and optimize supplier management. Learn about enterprise architecture strategies for designing connected systems tha...