Content |
Content AI (Content AI LLC the Russian) is a company that provides solutions in the field of intelligent information processing. Content AI recognitions licenses text, document classification, and natural language processing technologies for large businesses, state organizations, and private customers. Presents to Russian companies and users solutions for automating the processing of any documents and. data
Performance indicators
2023: Revenue Growth Doubles
The revenue of the Russian developer of solutions for intelligent information processing Content AI in 2023 amounted to 765.5 million rubles, which is 2 times higher than the previous period. The company announced this on February 6, 2024.
Content AI clarified to TAdviser that the profit calculation for the year to the end has not yet been completed, but it is expected that these figures will also grow significantly.
Revenue growth is based on the increased demand for Russian solutions for automation of business processes included in the register of domestic software, and the active technological development of the company in accordance with the requirements of the Russian market.
According to Content AI, in 2023 the ContentReader PDF editor and enterprise products: ContentCapture and Content AI Intelligent Search contributed the most to its revenue. Software solutions were introduced into state organizations, large companies from the field of industry, power, financial sector, retail.
The Content AI product portfolio includes ContentCapture and ContentReader Server automated document processing solutions, ContentReader PDF multifunctional PDF editor, ContentReader PDF enterprise intelligent search solution, ContentReader Engine and PassportReader SDK developer solutions, Lingvo by Content AI foreign language learning e-dictionaries .
In the summer of 2023, the company released its own technology for recognizing Russian handwritten text. Also, all year, cross-platform products were continuously developed, in which a new functionality for recognizing handwritten text appeared. In parallel with the development, the company regularly conducted work on testing its products for compatibility with domestic operating systems: Red OS, Astra Linux, Alt OS, AlterOS, Atlant OS, OSNOVA. All this was necessary so that customers could quickly and seamlessly switch to domestic software.
Along with financial indicators, the number of personnel in the company increased in 2023: at the end of 2023 it is 127 people, TAdviser cited data in Content AI. At the end of 2022, the number was 100 people.
As of February 2024, according to the database of legal entities "Kontur. Focus," the founder of Content AI LLC remains a Turkish legal entity. It was created with the aim of licensing Abbyy technologies: "Thanks to the creation of this company, we managed to preserve intelligent technologies recognized all over the world in Russia and create innovative domestic products on their basis."
In addition, this jurisdiction is necessary to solve a number of operational problems, for example, licensing new dictionaries for the Lingvo by Content AI product (electronic dictionaries for learning foreign languages), TAdviser explained in Content AI.
Earlier, the company said that in the near future it is planned to change ownership to Russian.
 | The restructuring of the company takes a long time and requires careful study. Currently, there is no urgent need for this, since the Turkish company is 100% owned by the Russians, they say in Content AI. - At the same time, the rights to derivative products that are included in the register of domestic software belong to the Russian company Content AI LLC, the ultimate owners of which are citizens and taxpayers of the Russian Federation who permanently reside here. |  |
Russian legal entities Abbyy, we recall, in 2023 began the process of liquidation. The turnover of the largest of them - Abi Production - in 2022 amounted to about 2.4 billion rubles, and in 2021 - 4.6 billion rubles.
History
2023
Russian means of intelligent document processing are 100% ready for import substitution
The knowledge-intensive field of intelligent information processing, like all IT segments, has undergone changes during 2022. However, after leaving the market of international vendors - Kofax, Adobe, ABBYY - the positions of leading suppliers did not remain vacant. Moreover, new names have appeared, and with a portfolio of world-class advanced technologies. An example is the Russian company Content AI. Read more here.
Content AI has applied for the inclusion of software in the register and plans to change the owner
Content AI (Content AI LLC) has submitted an application for inclusion in the register of Russian software of almost all its products, a company representative told TAdviser on March 2, 2023 as part of the RUSSOFT press event. Among them are the multifunctional PDF ContentReader PDF editor, the universal ContentCapture intelligent information processing platform and the ContentReader Engine developer SDK. Content AI is awaiting an expert opinion.
As of the beginning of March 2023 ON Ministry of Digital Development , there are three products in the domestic register whose copyright holder is "AI Content": Content AI Intelligent Search (formerly ABBYY Intelligent Search SDK), InfoExtractor SDK (formerly ABBYY InfoExtractor SDK), Lingvo by Content AI (formerly ABBYY Lingvo).
Exclusive rights to these products were obtained by "AI Content" on the basis of agreements on the alienation of exclusive rights, indicated in the register. As ABBYY products, they have been present in the register of domestic software since 2016.
In January 2022, we recall that most ABBYY products were removed from the register of domestic software, and the rights to them were transferred to the company's American legal entities. ABBYY Intelligent Search, ABBYY Lingvo, ABBYY InfoExtractor SDK were among the exceptions remaining in the Russian registry.
Applications from AI Content for inclusion in the ContentReader Engine, ContentReader PDF and ContentCapture registry, in particular, were registered in January and February 2023.
In accordance with the PP-1236, one of the requirements for software to include information about it in the register, if its copyright holder is a commercial organization, is the total share of direct or indirect participation of Russian persons in it more than 50%. I.e. this should be a Russian commercial organization without predominant foreign participation.
According to the Unified State Register of Legal Entities, Content Ai Solutions Bilishim Ve Teknolozhi Hizmetleri Anonymous Shirketi, a company registered in Turkey, has a 100% owner since July 2022. And before that, Russian individuals were listed as owners.
| | Change of ownership - a technical and temporary measure. It was necessary for the company to solve technology licensing issues and to fulfill all obligations to customers, - explained TAdviser in Content AI. - In the near future, it is planned to change ownership to Russian. | |
The company could not specify more certain terms for the change of ownership, specifying that this will happen "when certain tasks are fully solved."
At the same time, Content AI believes that even now, from the point of view of Russian legislation, their company is Russian: "Russian citizens own a Turkish company 100%."
The Ministry of Digital Development explained that the company can apply for the inclusion of software in the register if its ultimate beneficiaries are Russian citizens and their share is more than 50%. At the same time, foreign legal entities as founders can be in the chain of structure of its ownership.
Meanwhile, according to the database of legal entities Kontur.Fokus, "as of the beginning of 2023, one of the Russian legal entities ABBYY, Abi LLC, is under liquidation. The liquidator is Oleg Sazhin, adviser to the general director of Content AI, a former ABBYY employee. Abi LLC in 2022 sued the Interregional Inspectorate of the Federal Tax Service for the largest taxpayers because of[1] debts[2].
| | ABBYY left Russia, earlier and now/always complied with the legislation in all regions of presence. That is why business closure is carried out according to the rules of voluntary liquidation in compliance with the legislation and the interests of partners. All debts to the budget have been repaid, otherwise a voluntary liquidation would not have been possible, "TAdviser said in Content AI. | |
At the same time, in May 2022, Content AI said that Abbyy LLC and another ABBYY legal entity, ABBYY Production LLC, would continue to exist and perform the usual functions that they performed earlier, with the exception of sales and support of users in Russia who switched to Content AI, working outside the group.
At the RUSSOFT press event on March 2, 2023, a Content AI representative told TAdviser that Content AI employees had nothing to do with ABBYY Production LLC and were not aware of its plans.
Interview with Anton Frolov, Head of Product Development
Anton Frolov, head of the Content AI intelligent search product development department, spoke in January 2023 about the troubles that business faces due to the information mess, and how they can be avoided . Read more here.
2022
The transition of the company to the Turkish owner
On November 11, 2022, it became known that ABBYY the Content AI company that bought the Russian business was transferred to the Turkish to the owner company Content AI Solutions Bilishim ve Teknoloshi Hizmetleri Anonymous Shirketi. As they write "" Sheets with reference to the data Unified State Register of Legal Entities, Content AI LLC changed its owner on July 14, 2022.
After receiving the Russian business, ABBYY continued to license Abbyy products and works with all current and new customers and partners in Russia, according to the company's website.
Шаблон:Quote 'Content AI will work on current and new intelligent information processing projects. We are ready to help customers and partners in the tasks of digital business transformation in Russia, - reported in Content AI. By the end of 2022, the company plans to update its main products, including FlexiCapture. Development ON in the field of intelligent information processing will continue under the Content brand. AI These steps are consistent with the strategy aimed at developing solutions for the Russian market.
In October 2022, Content AI updated the multifunctional PDF editor. Previously known to users, FineReader PDF will now be called ContentReader PDF. The update also affected the interface of the program - it is decorated in the corporate style of Content AI.[3]
Formation of Content AI
Abbyy separated the Russian business from its group of companies, told TAdviser in Abbyy on May 18, 2022. Sales and technical support of users and partners in Russia were transferred to Content AI (Content AI LLC), a technological partner of Abbyy.
According to the database of legal entities Kontur.Focus, "Content AI was formed on April 1. Initially, the share of 51% of its authorized capital belonged to Vadim Tereshchenko, senior vice president of Abbyy, executive director of the group of companies, general director of ABBYY Production, who has been working for the company since the early 90s. And on April 25, his share in Content AI passed to his namesake - Elena Tereshchenko.
Abbyy did not specify to TAdviser whether Elena Tereshchenko worked for their company before she co-founded Content AI, or whether she is a relative of Vadim Tereshchenko. She does not appear in open publications about Abbyy. In 2014-2019 Tereshchenko was a co-owner of the IT company Computer Solutions LLC, based in Novosibirsk.
Oleg Sazhin (deputy general director of Abbyy Russia, general director of Abi LLC), Elena Bocharova (vice president for legal affairs at Abbyy), Svetlana Dergacheva (previously responsible for sales at Abbyy Russia, the company has worked for more than 20 years) and Oleg Martynov.
Svetlana Dergacheva headed Content AI as CEO. The head of the company told TAdviser that Content AI is the same team that customers and partners have interacted with before, as well as developers and engineers, specialists in the field of product development, but now outside the group of companies. Content AI licenses technologies created by Abbyy.
| | Content AI sells products that are most in demand on the Russian market. These are solutions for optical character recognition, document classification and text recognition, SDK products and electronic dictionaries. At the moment, Content AI licenses Abbyy's technologies. Content AI also plans to develop and develop its own solutions for intelligent information processing, for this purpose a development team will be formed, "Dergacheva told TAdviser. | |
Svetlana Dergacheva added that we are talking about our own products designed specifically for the Russian market and customers. As we develop our own solutions based on intelligent technologies for the tasks of Russian customers, Content AI will consider the possibility of submitting an application for the inclusion of products in the register of domestic software.
Recall that even before the start of the February events in Ukraine, Abbyy removed most of its products from the register of domestic software, the main part - in January 2022. The company transferred the rights to them to its American legal entities. Read more here.
Abbyy says that all previously purchased licenses for their products are valid, and all current obligations to customers and partners will be fulfilled by Content AI.
And the first product announcement of Content AI was the release of a corporate search engine on Linux - a new version of one of the Abbyy products under a new brand specifically for the Russian market. Now the search engine supports two platforms - Linux and Windows. This will expand the capabilities of Russian customers and allow customers to use search on domestic operating systems such as AltLinux, AstraLinux, Red OS and others, they say in Content AI.
Vadim Tereshchenko clarified to TAdviser that the Russian legal entities Abi LLC and Abi Production LLC will continue to exist. They remain in the group of companies and continue to perform the usual functions that they performed before, with the exception of sales and support of users in Russia, who switched to Content AI, operating outside the group.
According to Kontur. Focus, in 2021 the average headcount of Abi Production LLC was 736 people. For LLC "Abbyy" data are available only for 2018 - 104 people.
Notes
- ↑ [https://www.cnews.ru/news/top/2022-11-22_nakanune_uhoda_iz_rossii tax
- ↑ Abbyy, who left Russia, was caught for tax evasion. The company owes nearly 200 ]million
- ↑ Russian successor Abbyy passed to the Turkish owner
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