Welcome!

iPhone Authors: Ruxit Blog, Liz McMillan, Carmen Gonzalez, Pat Romanski, Jayaram Krishnaswamy

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
Avnet, Inc. has announced that it ranked No. 4 on the InformationWeek Elite 100 – a list of the top business technology innovators in the U.S. Avnet was recognized for the development of an innovative cloud-based training system that serves as the foundation for Avnet Academy – the company’s education and training organization focused on technical training around top IT vendor technologies. The development of this system allowed Avnet to quickly expand its IT-related training capabilities around the world, while creating a new service that Avnet and its IT solution providers can offer to their...
SYS-CON Events announced today that B2Cloud, a provider of enterprise resource planning software, will exhibit at SYS-CON's 16th International Cloud Expo®, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. B2cloud develops the software you need. They have the ideal tools to help you work with your clients. B2Cloud’s main solutions include AGIS – ERP, CLOHC, AGIS – Invoice, and IZUM
The Internet of Things Maturity Model (IoTMM) is a qualitative method to gauge the growth and increasing impact of IoT capabilities in an IT environment from both a business and technology perspective. In his session at @ThingsExpo, Tony Shan will first scan the IoT landscape and investigate the major challenges and barriers. The key areas of consideration are identified to get started with IoT journey. He will then pinpoint the need of a tool for effective IoT adoption and implementation, which leads to IoTMM in which five maturity levels are defined: Advanced, Dynamic, Optimized, Primitive,...
With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo in Silicon Valley. Learn what is going on, contribute to the discussions, and ensure that your enterprise is as "IoT-Ready" as it can be! Internet of @ThingsExpo, taking place Nov 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 17th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The Internet of Things (IoT) is the most profound change in personal an...
The world's leading Cloud event, Cloud Expo has launched Microservices Journal on the SYS-CON.com portal, featuring over 19,000 original articles, news stories, features, and blog entries. DevOps Journal is focused on this critical enterprise IT topic in the world of cloud computing. Microservices Journal offers top articles, news stories, and blog posts from the world's well-known experts and guarantees better exposure for its authors than any other publication. Follow new article posts on Twitter at @MicroservicesE
Containers and microservices have become topics of intense interest throughout the cloud developer and enterprise IT communities. Accordingly, attendees at the upcoming 16th Cloud Expo at the Javits Center in New York June 9-11 will find fresh new content in a new track called PaaS | Containers & Microservices Containers are not being considered for the first time by the cloud community, but a current era of re-consideration has pushed them to the top of the cloud agenda. With the launch of Docker's initial release in March of 2013, interest was revved up several notches. Then late last...
There is no doubt that Big Data is here and getting bigger every day. Building a Big Data infrastructure today is no easy task. There are an enormous number of choices for database engines and technologies. To make things even more challenging, requirements are getting more sophisticated, and the standard paradigm of supporting historical analytics queries is often just one facet of what is needed. As Big Data growth continues, organizations are demanding real-time access to data, allowing immediate and actionable interpretation of events as they happen. Another aspect concerns how to deliver ...
Enterprise IoT is an exciting and chaotic space with a lot of potential to transform how the enterprise resources are managed. In his session at @ThingsExpo, Hari Srinivasan, Sr Product Manager at Cisco, will describe the challenges in enabling mass adoption of IoT, and share perspectives and insights on architectures/standards/protocols that are necessary to build a healthy ecosystem and lay the foundation to for a wide variety of exciting IoT use cases in the years to come.
WebRTC defines no default signaling protocol, causing fragmentation between WebRTC silos. SIP and XMPP provide possibilities, but come with considerable complexity and are not designed for use in a web environment. In his session at @ThingsExpo, Matthew Hodgson, technical co-founder of the Matrix.org, discussed how Matrix is a new non-profit Open Source Project that defines both a new HTTP-based standard for VoIP & IM signaling and provides reference implementations.
So I guess we’ve officially entered a new era of lean and mean. I say this with the announcement of Ubuntu Snappy Core, “designed for lightweight cloud container hosts running Docker and for smart devices,” according to Canonical. “Snappy Ubuntu Core is the smallest Ubuntu available, designed for security and efficiency in devices or on the cloud.” This first version of Snappy Ubuntu Core features secure app containment and Docker 1.6 (1.5 in main release), is available on public clouds, and for ARM and x86 devices on several IoT boards. It’s a Trend! This announcement comes just as...
The security devil is always in the details of the attack: the ones you've endured, the ones you prepare yourself to fend off, and the ones that, you fear, will catch you completely unaware and defenseless. The Internet of Things (IoT) is nothing if not an endless proliferation of details. It's the vision of a world in which continuous Internet connectivity and addressability is embedded into a growing range of human artifacts, into the natural world, and even into our smartphones, appliances, and physical persons. In the IoT vision, every new "thing" - sensor, actuator, data source, data con...
It's time to put the "Thing" back in IoT. Whether it’s drones, robots, self-driving cars, ... There are multiple incredible examples of the power of IoT nowadays that are shadowed by announcements of yet another twist on statistics, databases, .... Sorry, I meant, Big Data(TM), tiered storage(TM), complex systems(TM), smart nations(TM), .... In his session at WebRTC Summit, Dr Alex Gouaillard, CTO and Co-Founder of Temasys, will discuss the concrete, cool, examples of IoT already happening today, and how mixing all those different sources of visual and audio input can make your life happier ...
The Internet of Things is not new. Historically, smart businesses have used its basic concept of leveraging data to drive better decision making and have capitalized on those insights to realize additional revenue opportunities. So, what has changed to make the Internet of Things one of the hottest topics in tech? In his session at @ThingsExpo, Chris Gray, Director, Embedded and Internet of Things, discussed the underlying factors that are driving the economics of intelligent systems. Discover how hardware commoditization, the ubiquitous nature of connectivity, and the emergence of Big Data a...
SYS-CON Events announced today the IoT Bootcamp – Jumpstart Your IoT Strategy, being held June 9–10, 2015, in conjunction with 16th Cloud Expo and Internet of @ThingsExpo at the Javits Center in New York City. This is your chance to jumpstart your IoT strategy. Combined with real-world scenarios and use cases, the IoT Bootcamp is not just based on presentations but includes hands-on demos and walkthroughs. We will introduce you to a variety of Do-It-Yourself IoT platforms including Arduino, Raspberry Pi, BeagleBone, Spark and Intel Edison. You will also get an overview of cloud technologies s...
SYS-CON Media announced today that @WebRTCSummit Blog, the largest WebRTC resource in the world, has been launched. @WebRTCSummit Blog offers top articles, news stories, and blog posts from the world's well-known experts and guarantees better exposure for its authors than any other publication. @WebRTCSummit Blog can be bookmarked ▸ Here @WebRTCSummit conference site can be bookmarked ▸ Here
Scott Jenson leads a project called The Physical Web within the Chrome team at Google. Project members are working to take the scalability and openness of the web and use it to talk to the exponentially exploding range of smart devices. Nearly every company today working on the IoT comes up with the same basic solution: use my server and you'll be fine. But if we really believe there will be trillions of these devices, that just can't scale. We need a system that is open a scalable and by using the URL as a basic building block, we open this up and get the same resilience that the web enjoys.
The WebRTC Summit 2015 New York, to be held June 9-11, 2015, at the Javits Center in New York, NY, announces that its Call for Papers is open. Topics include all aspects of improving IT delivery by eliminating waste through automated business models leveraging cloud technologies. WebRTC Summit is co-located with 16th International Cloud Expo, @ThingsExpo, Big Data Expo, and DevOps Summit.
Chuck Piluso will present a study of cloud adoption trends and the power and flexibility of IBM Power and Pureflex cloud solutions. Speaker Bio: Prior to Data Storage Corporation (DSC), Mr. Piluso founded North American Telecommunication Corporation, a facilities-based Competitive Local Exchange Carrier licensed by the Public Service Commission in 10 states, serving as the company's chairman and president from 1997 to 2000. Between 1990 and 1997, Mr. Piluso served as chairman & founder of International Telecommunications Corporation, a facilities-based international carrier licensed by t...
There are lots of challenges in IoT around secure, scalable and business friendly infrastructure for enterprises. For large corporations, IoT implementations are one of the top priorities of the decade. All industries are seeing a competitive need to sustain by investing in IoT initiatives. The value addition comes from improved customer service, innovative product and additional revenue streams. The data from these IP-connected devices can be leveraged for a variety of business applications as well as responsive action controls. The various architectural building blocks of an IoT ...
Recent technology advances in miniaturization has positioned the wearables as the pinnacle of technology convergence with the human body. We inquire if wearables are mere standard miniaturized devices extended with the connectivity and present our views on considerations like design, applications, performance, efficiency, interoperability, usage scenarios, human device interaction and consequent trade-offs enabling wearables to impart optimal value.