Asteros Labs

The Asteros Labs company is a resident of the innovation center "Skolkovo" since April 1, 2011. This status provides to the company different preferences – tax benefits, privileges on payment of insurance premiums, etc., also the center provides the infrastructure and helps the participants to come into contacts with potential partners.

Products are developed

The family of IT products created within the project is intended for automation of activity of client services. Products will be demanded by those organizations which render full range of services to the population and use at the same time a large number of business applications. Generally it is airlines and the airports, banks, dispatching services housing and public utilities, telecommunication companies. The created family of IT products will consider industrial specifics of the listed industries. The software from Asteros Labs creates for the operator of a client service the single ergonomic interface for work with necessary applications and helps to increase efficiency of rendering customer service.

Existence in them of the built-in means for business process automation will become distinctive innovation feature of products of Asteros Labs - it is the designer of end-to-end business processes, the module BI for efficiency analysis of the existing algorithms of client service. One more advantage of the developed products – use of technology of "thin client" – is connected with the gathering force a trend of transition of IT to "clouds". Such approach will give to future customers the chance to flexibly use software and to reduce costs for its deployment and further maintenance.

History

2011

On July 21, 2011 it became known that the Asteros Labs company entering into the Asteros group received a grant in the amount of 90 million rubles from Skolkovo Foundation on development of a pool of IT products. A project objective – development of family of the IT products for application integration intended for automation of work of the client services exceeding world analogs.

The total amount of investments into the project of development will be 180 million rubles for 2 years. Financing of Asteros Labs will be performed on the parity basis: 50% are invested from the profit by Asteros, 50% – Skolkovo Foundation. The companies of the Asteros group will be engaged in commercialization of all know-how received in a project deliverable. The payback period of the project will make 5 years.

The project of Asteros Labs was recognized by investment committee of Skolkovo Foundation perspective by a number of criteria. First, it means development of unique technologies which have competitive advantages over world analogs. Secondly, the project has high potential in terms of the subsequent commercialization. So, the market niche of the products developed by Asteros Labs – a segment of frontal integration of business applications – in the next 4 years will grow on average for 48%.

In return, Asteros supports the state course towards the innovative development of the country. With respect thereto management of the company made the decision to finance the project of development from the profit of the company, having got preliminary approval from the minority shareholder – IFC.

"We reside in search of the innovation ideas which would be not just commercially successful, but also would open access to the Russian business to new competitive advantages. The Skolkovo Foundation, in return, is interested to find and help to cultivate the most successful ideas. And the largest weight for fund has innovation and prospects of the project, but not the scale of business of the company or the list of its regalia. Therefore receiving a grant from fund for us some kind of quality label. This recognition that our initiative of development of IT products for application integration is innovation also will bring new technologies on the Russian market", – Demidov Alexey, the CEO of Asteros Labs company notes.