KWENT Technologies

KWENT Technologies is engaged in development of a line of the software products meeting the requirements of media industry including solutions on production control film and telecontent, management of the rights, including on VOD platforms, creation of a single and safe system of the distribution allowing to increase an information exchange rate between market participants up to several seconds.

History

2015: KWENT Technologies attracted investments on software development for the media market

CineSoft company which cofounders are the angel investor and the founder of developer company of computer games of Buk Igor Ustinov, his partner Marina Ravun, and Key Vision Group (KVG), specializing in consulting and researches in the field of media, announced in March, 2015 creation of KWENT Technologies company, developer of software solutions for business process management in the field of media. The amount of joint financing for three years will be 110 million rubles. The CineSoft company receives a majority share of the new company.

According to the CEO and the cofounder of CineSoft company Konstantin Kharitonov, in Russia there are yet no similar products which are developed by KWENT, and it is extremely difficult to adapt similar foreign solutions for the Russian reality, beginning from integration with 1C, finishing ordinary technical support in Russian. "And practically any of universal software solutions is not capable to adapt to requirements of the companies therefore our task to do flexible niche products which combine in themselves functionality both ERP and CRM systems, and Media Asset Management", - Konstantin Kharitonov notes.

"According to us no more than 20% of the companies have software solutions for automated management and control of production and the rights. At the same time in the conditions of promptly changing rules of the game on media the market, development of additional methods of monetization TV, film and to VOD of content, paradigm shift of traditional and usual sales of the rights to content, the Russian media companies it is necessary to become more flexible and business focused. The product line of KWENT Technologies is aimed at the solution of a wide range of tasks which rise before the Russian participants of the media market more and more sharply", - the founder of Key Vision Group of Vasilyev Anastasius says.