T1

The T1 Group (before rebranding in 2021 - the Technoserv Group) - a multidisciplinary holding, one of the players in the Russian IT market, is a partner of key world and domestic manufacturers and developers. The group's companies begin history in 1992.

The group companies provide a full range of IT services for the implementation of high-tech projects, taking into account the industry specifics of customers.

Among the customers of T1 are state structures and the largest companies in key sectors of the economy: telecom operators, financial organizations, industrial, fuel and energy, transport and trade enterprises.

Structure

The holding for January 2022 includes: T1 Integration, T1 Consulting, T1 Cloud and Innotech.

They have professional expertise in the field of, system integration, consulting ON custom development Big Data , and, robotization machine learning information security of routine operations, process analytics,. Process Mining internet of things The competencies of the group allow you to develop a concept, design and implement comprehensive projects in the field of digital transformation for customers of any industry, level of development infrastructures and scale.

Performance indicators

2023

Growth of annual investments to 69.7 billion rubles

The volume of T1 investments in 2023 amounted to 69.7 billion rubles against 40.3 billion rubles in 2022. This was announced in November 2024 by Forbes magazine as part of the publication of its rating of the largest investor companies in the Russian Federation.

In this assessment, analysts of the publication took into account operating companies registered in Russia, as well as legal entities registered in other jurisdictions, if Russian shareholders own 50% or more of the shares, and business assets are largely related to the Russian Federation.

From the T1 report for 2023, it follows that in 2023 the holding allocated 66.4 billion rubles as investments in intangible assets, including the development of its own products. In 2022, the indicator was measured at 32.4 billion rubles. The acquisition of fixed assets decreased from 5 billion to 3.3 billion rubles. In 2022, the company's capital expenditures were measured at 37.4 billion rubles, in 2021 - only 3.6 billion rubles.

In an effort to support high business growth rates, T1 Holding continues to increase investments in the development of existing and creation of new areas and products... The growth and high value of profitability EBITDA for confirm that the holding has chosen the right strategy for the development and sale of products, effectively manages operating expenses, - stated in the company's materials.

They also say that in 2023 the free cash flow of T1 amounted to 56.2 billion rubles, while a year earlier the indicator had a negative value, which was due to the dynamics of working capital. In 2023, the holding restructured the historical debt burden and accounts payable, as a result of which the debt burden is at a minimum level: the total debt indicator amounted to 6.9 billion rubles at the end of 2023.

Revenue growth by 34% to RUB 222.9 billion

Holding T1 on April 2, 2024 shared with TAdviser the results of its work for 2023. According to the holding's IFRS financial statements, key indicators showed significant positive dynamics. In particular, T1 revenue for the reporting period increased by 34% - from 166.7 billion rubles with VAT in 2022 to 222.9 billion rubles with VAT in 2023. EBITDA grew 1.8 times and reached 84.82 billion rubles.

According to the holding's estimates, the active demand for domestic software within the framework of import substitution and the high profitability of projects based on their own developments had a positive impact on financial indicators. In particular, the maximum growth was shown by the directions of technical support services (almost 4 times to 14.8 billion rubles) and the sale of its own software (more than 2 times to 90.8 billion rubles). The largest share in the revenue structure was the sale of software, sales of IT equipment (45 billion rubles) and software development services (33 billion rubles).

An important event for T1 in 2023 was the entry into the Russian stock market and the placement of the debut issue of exchange-traded bonds in the amount of 2 billion rubles with an A.ru rating, which corresponds to the issuer's credit rating assigned to the ACRA and NKR in the fall of 2023.

Taking into account the available cash at the end of 2023, net debt was T1 negative. The holding's debt burden is at a minimum level of 2.5 billion rubles, of which 2 billion falls on the bond issue.

"The growth of the Holding Company's financial indicators T1 confirms the success of the new development model, including the choice of developing its own products as a priority. We are systematically working to improve operational efficiency, focus on providing high-quality complex services to our clients, introducing new management tools that are especially important with active growth, "said Alexey Fetisov, General Director of the T1 Holding. "An important element of the T1 strategy is risk forecasting and control, so we are confident that the sustainability and efficiency of processes will remain at a high level in any conditions, including under sanctions."

As he added, from the beginning of 2023 to April 2024, the T1 holding team grew by almost 45% - from 16 to 23 thousand people, employees work in more than 400 settlements throughout Russia.

T1 continues to increase investments in the development of existing and the creation of new areas and products. In 2023, more than 66 billion rubles were allocated for these purposes. At the beginning of April 2024, the T1 holding's portfolio includes more than 70 of its own software products and services. Customers are most interested in products such as the Dion corporate communications platform, the Sphere software production platform, a comprehensive solution for switching to the tax monitoring mode Note Vizor (ex. T1 EasyTax), Note Modus CRM platform (ex. T1 CRM), OASIS risk management automation platform, etc.

Within the framework of the holding, vendor Nota is developing a number of current and developing new solutions for large business and state-owned companies. Its key product distribution channel is its own partner network, which as of April 2024 brings together 89 companies with certified specialists.

In 2023, two new directions were created in the holding. T1. Aero develops and promotes promising technologies in the field of civil unmanned aircraft and remote sensing. data The educational project T1 Digital Academy develops individual educational solutions that are designed to help train employees of any industry - IT companies.

Among the holding's customers are more than 750 large companies from the field of finance, telecom, transport, retail, industry, and the public sector. Considerable attention is paid to increasing expertise on the products of Russian vendors. The number of partners exceeded 300 companies.

Partner Program T1

2023: Partner Program Launch

The product area of ​ ​ the T1 holding presented a partner program for distributors, resellers, consulting and technology partners, as well as marketplace partners. Under its terms, companies will be able to sell licenses and implement IT solutions of the holding in the Russian market. The company announced this on March 21, 2023.

The program applies to six developer products and is designed for different levels of cooperation: for example, partners will be able not only to sell licenses, but also to implement, advise and further accompany the customer. To enter the project, you need to sign the NDA and form an annual business plan. In 2023, partner training is free.

There are special conditions for each partner - from fixed discounts and marketing support to the ability to influence the strategy of product development and transfer of transactions from the T1 Group. For participating companies, two-month deal protection with the option of prolongation is also guaranteed. To register transactions, they developed a unified IT system for the entire partner channel.

Obviously, the transition to domestic software is especially in demand by Russian business. At the same time, most companies are at the stage of choosing both the product itself and the integrator, which will provide migration and comprehensive support at all stages of the project. In response, we increased our investment in developing and promoting our own business applications, and formed the conditions for commercial partnerships with integrators. For our future partners, participation in the project is an opportunity to reorient competencies to high-quality Russian IT products, expand the customer base and increase growth rates. Already in March 2023, our product line covers most of the needs of customers: from the video conferencing service to the software and CRM production platform, - said Anton Spirin, commercial director of the Products and Partnerships cluster of the T1 Group.

In developing the terms of cooperation, we adhered to the principle of "Come and start working." We made the conditions of participation and guarantees of joint work as transparent and understandable as possible. By the end of 2023, partners do not have mandatory certification and payment of contributions - it is more important for us to actively offer IT solutions to the Group to the largest possible circle of customers, developing the domestic IT market, "said Yulia Larina, director of the T1 Group's partner network.

History

2024

Change in ownership structure

On November 28, 2024, the SFO Vector of Technologies fund received 41.17% in the Russian IT company Holding T1, and Yulia Mankos became the main ultimate owner of the system integrator. After changing the ownership structure, the shares of other participants were distributed as follows: 40.88% belongs to Sirocco Technologies and 17.94% to the combined closed-end investment fund Axis.

According to Kommersant, the Siberian Federal District Vector of Technologies is 100% owned by the Vector of Technologies Foundation, while its founders are hidden. The general director of the fund is Julia Mankos, who also owns 100% of Sirocco Technologies. Until November 28, 2024, the ownership structure of T1 LLC looked different: 69.5% belonged to Yulia Mankos through Sirocco Technologies LLC and 30.5% to ZPIF Axis.

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Freepik

Until March 2022, 30.5% of the IT company belonged to the bank, VTB which sold its stake to ZPIF Axis a month after the bank was included in the SDN List USA in February 2024. Svetlana Derevenko, Managing Partner of Correcto, Derevenko and Partners, noted that since September 2024 the company has been at the stage of changing its organizational form from LLC to JSC.

According to Anna Avakimyan, chief analyst at Regblock, the redistribution of the shareholder capital structure is a traditional tool to reduce personal sanctions risks.

Given the accumulated experience in lifting sanctions, it is possible that the alienation of these shares will help justify the arguments for lifting or not implementing sanctions, the expert notes.

Changes in the structure of the holding may also be due to the preparation of the company for entering an IPO to raise capital, while the company will hide the direct owners of the business.

Venture lawyer ASB Consulting Group Alexei Volokhov stressed that the change in the composition of the company's participants does not indicate plans to go public. The founder of the Institute of Financial and Investment Technologies Alexei Primak explained that for this it is necessary to have the status of a joint-stock company, and the T1 is in transitional status. According to him, the window of opportunity for IPO will open after the start of the rate cut cycle in the fall of 2025.

Creation of a joint venture with LANIT for the production of ATMs

As part of the development of cooperation, T1 Holding and LANIT organized a joint venture on the basis of which a prototype of a Russian ATM was created. The partnership aims to develop and manufacture Russian self-service devices for the financial market. This was announced by T1 on October 9, 2024.

When creating devices, Russian components and software are used that meet the requirements of the Decree of the Government of the Russian Federation No. 719 on the import independence of industrial products.

To solve import substitution problems, the parties combined their technological competencies: LANIT - many years of experience in creating hardware infrastructure and technical support for self-service devices, T1 Holding - expertise in developing software for players in the financial sector.

The partnership participants have been cooperating for a long time in projects to develop the financial ecosystem. countries Now this interaction has reached a new level and is aimed at implementing Russia innovative projects in the field of high technologies and solving the problems of ensuring the technological independence of hardware self-service devices in the banking sector.

Drone Electronics Development

T1 Holding has begun developing electronics for civilian unmanned aircraft systems (ALS), Konstantin Shadrin, director of the T1 Aerospace Technology Competence Center, said on June 6, 2024.

According to him, the holding plans to fully localize the production cycle of civilian drones based on the Rudnevo industrial park in Moscow. Already at the end of May 2024, T1 launched the assembly of Rubin drones for the agricultural sector and logistics.

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Unsplash

At the first stage, the holding focuses on frame structures and propeller groups for drones, - said Konstantin Shadrin. - We plan to deepen the team's expertise and expand the range of independently produced areas and products, including developing elements of electronics for ALS.

He added that priority will be given to domestic components in accordance with government decree No. 719, which defines the criteria for recognizing Russian products. If necessary, "T1" is ready for cooperation with other domestic suppliers.

According to Vedomosti, the holding is quite capable of localizing the assembly of drones and the production of individual electronic components, such as flight controllers or boards. However, the development of chips for ALS remains an extremely difficult task, requiring huge investments.

I strongly doubt that it will be possible to completely localize the production of microelectronics, because it is mainly used abroad, - said Vitaly Munirov, general director of Kursir. - At the same time, all microelectronics localized in Russia will still be more expensive than similar foreign systems.

According to him, the current level of localization in the Russian drone industry averages about 60-80%, with the greatest dependence remaining in the field of microelectronics, motors, batteries and other key components. Launched in 2024, the Unmanned Aircraft Systems national project with a budget of about 900 billion rubles is designed to significantly increase the technological independence of the industry within five years.^[1]

Building a Company to Develop AI Solutions for Business

In April 2024, IT Holding T1 and the Moscow Institute of Physics and Technology (MIPT) created a company to develop AI solutions for business. The joint venture (JV) was named Quantum and Optimization Solutions LLC (KOR). Read more here.

Joining the founders of the NCC ISU

The founders of the autonomous non-profit organization "National Competence Center for Holding Management Information Systems" (ANO "NCC ISU") included T1 Holding. Together with the Russian Railways holding, they will work on organizing the creation of a single national ERP platform in Russia - a resource management system (RMS). This was announced by T1 on April 5, 2024. Read more here.

Inclusion in the US sanctions list

In February 2024, the T1 IT holding was included in the US SDN sanctions list by the ^[2]

Russian IT companies that fell under US, EU and British sanctions in 2022-2024 TAdviser map

TAdviser has drawn up a map the Russian IT of -companies that fell under sanctions in 2022-2024. and USA EU. Britain It included, among other things, the company "T1." The article about the map can be found here.

2023

2nd place in the ranking of TAdviser "The largest IT companies in Russia"

T1 took 2nd place in the ranking of the 100 largest companies operating in the Russian IT market, prepared by TAdviser in June 2024 based on the companies' revenue for 2023. Read more here.

Data for 2023

Alexey Fetisov - New CEO

On October 7, 2023, it became known about the appointment of Alexei Fetisov as the new general director of the T1 holding. Prior to that, he headed the Department of Technological Development of VTB Retail Business. Read more here.

Issue of the first bonds for 30 billion rubles

The Moscow Exchange registered the debut program of T1 bonds in the amount of 30 billion rubles inclusive, or the equivalent of this amount in foreign currency. This became known on September 12, 2023.

Bonds can be issued for up to 10 years. For issues, the program provides for security in the form of a guarantee from the "Group of Companies" InoTech', which is part of the holding "T1." In addition to Innotech, the holding also includes T1 Integration"," T1 Consulting"," T1 Cloud"," Servionica"," MultiKarta"," "T1.Aero," Datatech"," vendor "Note and". "T1 Digital Academy

"T1" issues the first bonds and 30 billion rubles

According to the press service of "T1," the exchange-traded bonds program has a series of 001P, the placement will be carried out by open subscription. Coupon income on the issue, the term of circulation and the amount of funds raised will be established based on the market conditions at the time of placement, the IT holding noted.

They also added that through the placement of bonds, the company forms a market public history and expands the range of available financial instruments necessary for development in new technological areas. The funds raised are supposed to be used to develop new technological directions.

An additional impetus for development is planned to be obtained through entry into new industries and technological niches characterized by large and growing markets with high potential for import substitution, as well as through expansion into international markets, - said the acting Director General of T1 Holding Dmitry Kharitonov.

Earlier, the NKR rating agency assigned the T1 credit rating BBB +.ru with a stable forecast. The assessment of the business profile took into account the company's stable market positions, the stability of the markets of presence and the moderate potential for their growth in the context of the departure of foreign companies from Russia and the transition of state and corporate structures to domestic software^[3]

Appointment of Dmitry Kharitonov Acting General Director T1

As representatives of the T1 told TAdviser on August 28, 2023, Dmitry Kharitonov, who heads the Innotech Group, which is part of the T1, will act as general director of the T1 in connection with the resignation of Igor Kalganov from this post. Read more here.

Igor Kalganov's dismissal

On August 17, 2023, it became known about the departure of Igor Kalganov from the post of general director. According to Kommersant, citing a source in the IT market, top managers of the company that controls the T1 are unhappy with the head's work. The group itself confirmed to the publication the dismissal of Kalganov, but refrained from additional information. Read more here.

Digital Academy Presentation

Holding T1 July 4, 2023 presented the T1 Digital Academy. The opening of the holding's educational project is associated with the request of the Russian market for an increase in the number of highly qualified IT specialists, as well as the need to constantly expand the competencies of employees and the continuity of the IT training process. Read more here.

Discovery Labs Purchase

In early July 2023, it became known that the multidisciplinary holding "T1" concluded an agreement on the acquisition of Discovery Labs, a subsidiary of the IT structure of Otkritie Bank. Read more here.

Agreement with the Sports Programming Federation

The Sports Programming Federation and the holding T1 and entered into a cooperation agreement. This became known on June 22, 2023. Read more here.

Plan for the production of unmanned aircraft systems at Rudnevo

IT-holding T1 June 15, 2023 announced the start of a project to create a production of unmanned aircraft systems (ALS) based on the industrial park Rudnevo"." The agreement on this was signed by the General Director of T1 Holding Igor Kalganov and the head. Department of Investment and Industrial Policy of the city of Moscow Vladislav Ovchinsky

The project provides that the T1 holding will begin to produce unmanned aerial vehicles at the site of the Federal ALS Center in the Rudnevo Technopark. The test launch of the first drones is scheduled for the 4th quarter of 2023 with access to industrial capacity in the 1st quarter of 2024.

As part of the project, the holding will develop and produce a whole line of products - from an ultralight copter to a heavy drone. To do this, the Rudnevo Center for Development, Prototyping and Additive Technologies is being created. Here will also be located design bureaus and a full-cycle production site, an automated warehouse, a training and piloting center. Together, this will create 100 new jobs in the high-tech sector.

The Moscow government expressed its readiness to assist in preparing the infrastructure of airfields in the city, including the flight test complex in the industrial park, for testing unmanned aircraft systems.

The Holding Company T1 extensive and multidirectional expertise in the field of digital solutions. We are ready to convert the experience of our team into the development of unmanned aircraft systems, which are extremely in demand by agricultural producers, industrial and logistics companies. At the same time, T1 concluded agreements on the development of projects in the field of ALS in the Nenets Autonomous Okrug and in the Sakhalin Region. Combining the efforts of business and the state will create another industry and competitive products in Russia, "said Igor Kalganov, General Director of the T1 Holding.

Such cooperation will allow consolidating experience, knowledge, developments and direct them to the development of the Federal Center for Unmanned Aircraft Systems. It will unite Russian developers and UAV manufacturers who will develop and release new models for various purposes, develop avionics and introduce artificial intelligence technologies. The main platform for the placement of the federal center of ALS was the industrial park "Rudnevo," which in 2023 became part of the special economic zone "Technopolice Moscow." In the future, Rudnevo will become the largest in the country, and by 2025 about 15 thousand jobs will be created there, "said Vladislav Ovchinsky, head of the Investment and Industrial Policy Department.

Creating a software developer for automating corporate processes "Note"

T1 created a software developer to automate corporate processes. This was reported in the Russian IT holding in mid-June 2023. Read more here.

Starting T1.Aero Cluster

Holding T1 June 13, 2023 announced the launch of another direction - cluster T1. Aero. Within the framework of the cluster, the holding will develop and promote promising technologies in the field of unmanned aviation and space.

The main tasks of the direction will be the development and creation of technological solutions for the provision of services with. unmanned aerial vehicles At the first stage, methods of using drones for the provision of commercial services in the field of,, and logistics extractive industry transport the agro-industrial complex are being worked out. Thus, thanks to the developments of the holding, large corporate clients will T1 be able to constantly monitor their own infrastructure - for example, oil towers, pipelines, power lines and towers. cellular communications In addition, an important area of ​ ​ work will be to provide logistics in hard-to-reach regions - RUSSIAN FEDERATION the first test flights of drones have already begun where urgent delivery of goods is important, and the capabilities of ground transport infrastructure are limited. Finally, the third direction that is planned to be developed in the near future is the creation that agricultural drones will increase yields.

The creation of the cluster is a logical continuation of the active activities of the T1 Holding in the field of aerotechnologies. The beginning was a joint project with the administration of the Nenets Autonomous Okrug and the Ecolibri company, within the framework of which processes are being worked out in the okrug to provide logistics services using ALS.

Ecolibri is responsible for the manufacture of a line of vertical take-off and landing aircraft. It is planned that the payload of these drones will be from five to several hundred kilograms, and operation will be possible, including in the Arctic.

The specialists of the T1 holding are responsible for creating the software necessary for the project implementation, working with big data obtained during the operation of ALS, and creating complex service solutions based on them. Among the priority tasks is the solution of the issue of remote control of drones and the development of communication infrastructure.

The administration of the Nenets Autonomous Okrug allocated a zone near Naryan-Mar to create a single logistics center, identified the settlements that were the first to enter the project. Flights vary in distance from 40 to 250 km and allow you to work out various algorithms for the delivery of goods. For June 2023, the first test flights were carried out. In the future, the experience of operating ALS in the NAO is planned to be extended to other regions of the Russian Federation, the plans are to create a leading player in the Russian drone market.

According to our estimates, the UAV market in Russia today is approximately 4-5 billion rubles, it is steadily growing and developing with the support of the Russian government. T1 takes part in the formation of another sector of the economy as a technology company, but we are also open to cooperation in the formation of industry regulation and are ready to participate in work on legislation in the field of ALS, the definition of experimental and legal regimes within which it will be possible to test the use of drones in various regions of Russia, - said Igor Kalganov, General Director of T1 Holding. - Alexey Volynkin has been appointed the curator of the direction, expertise and experience of which will allow the holding to achieve significant results in this area in a short time.

As part of T1 work, it is important for us not only to solve pressing problems, but also to look to the future, to comprehensively solve the problem of developing innovative products and services. The implementation of the first project in the NAO allows us to empirically identify all pain points, determine the following areas of growth and development, - said Alexey Volynkin, Deputy General Director of the T1 Holding for Business Development.

Interview with Alexander Sobachkin, Director of the Center for Competence in Engineering Analysis and Product Development

In June 2023, Alexander Sobachkin, director of the Center for Competencies of Engineering Analysis and Product Development of the T1 Holding, told TAdviser about why T1 Holding started creating a specialized CAE product and what business goals it sets in this area. Read more here.

Receipt of a subsidy from the Ministry of Industry and Trade of the Russian Federation in the amount of 2.5 billion rubles for the development of CAE-class software

T1 Holding won the competition of the Ministry of Industry and Trade of Russia to receive a five-year subsidy in the amount of 2.5 billion rubles for the development of CAE class software (Computed Aided Engineering, computer engineering). The first cash tranches have already been sent by the department to the developer. This was announced on May 31, 2023 to TAdviser by representatives of the T1.

Холдинг «Т1» получит от states 2.5 billion rubles for the development of software for automation of engineering calculations
Photo: t1.ru

According to them, the CAE class solution is designed to automate engineering calculations by simulating a number of physical processes: thermal calculations, electromagnetism, power and signal integrity, photonics, thermooptics, etc. The scope of the software will include to the electronic engineer the instrument making automotive industry and,,,, transport mechanical engineering shipbuilding to the power engineering specialist architectural design,, and construction food industry many other industries.

Computer modeling will allow assessing the influence of changing thermodynamic and electromagnetic parameters of the medium (pressure, speed, liquid flow rate, liquid and solid body temperature, deformation, electric field, current and voltage) both on electronics components, instrument units, and on the product as a whole. Information about the processes that affect the product and its individual elements during operation will enable the engineer to detect design problems early in the design phase and create work models without or with a minimum number of field experiments.

According to representatives of the T1 holding, a wide class of engineers will be able to quickly master and effectively use the software thanks to Russian technological developments that expand classical methods of numerical modeling, as well as thanks to the interface with EDA systems and deep integration into CAD.

"Knowing the global market well, we have selected 2 priority and closely related development areas: CAE for electronics and CAD-integrated CAE for engineers and designers. We are going to make a new breakthrough and create something that has no analogues in the world, - said Alexander Sobachkin, director of the center for competencies of engineering analysis and product development of the T1 Holding. "Multifysical engineering analysis and design process will become inextricable, which means faster creation of new equipment and reduced costs while improving the properties of the created products."

According to Mikhail Knigin, executive director of the T1, in 5 years a whole family of software will be created for the calculations necessary to create a component base of electronics, instrument units, elements and even final products.

"This large-scale project will require painstaking work by more than a hundred experienced developers in close cooperation with potential customers from many industries," the top manager said.

T1 CRM - partner of the conference "Import Substitution IT: New Experience"

The Russian modular platform for automation of sales and client service T1 CRM is a partner of the conference "Import Substitution IT: New Experience."

During the conference, Alexey Ledenev, an expert on the client experience of CRM T1, will make a report "Creating domestic software: T1 CRM case" and will share the experience of developing a modular platform and how the team coped with the challenges in creating domestic software.

The report focuses on problems in the interaction of IT and business, as well as pressing issues of using the modern technological stack in the development of vendor solutions. In addition, participants will learn what opportunities the implementation of the T1 CRM system provides to the largest companies.

"Today, the greatest need for domestic counterparts is observed in the field of customer relationship management solutions. And if small and medium-sized businesses can find an alternative, then for enterprise companies this task is one of the most difficult. We were able to convert the accumulated expertise and experience of introducing vendor products into the development of our own CRM platform, which maximally covers both the usual and newly appeared needs of large business. The product allows you to abandon the use of foreign solutions without losing the usual functionality, ensures compliance with the changed requirements for information security and implements modern approaches to the design of information systems, "comments Alexey Ledenev.

T1 CRM is a modular platform for automating sales, marketing and customer service. A high-availability solution for enterprise companies that allows you to quickly replace foreign CRM systems. CRM T1 provides flexible automation of key business processes: B2B and B2C sales, marketing, service, and also allows you to work with the company's financial indicators to generate management reporting. Included in the register of Russian software.

2022

1st place in the ranking "Largest IT suppliers in Russian banks"

The T1 Group took 1st place in the TAdviser rating, prepared on the basis of revenue from the implementation of IT projects in Russian banks in 2022 and published in December 2023. Read more here.

Revenue growth by 90% to 166.7 billion rubles

The revenue of the holding "T1" in 2022 increased by 90%, to 166.7 billion rubles with VAT, the company told TAdviser. In the ranking "TAdviser100: The largest IT companies in Russia 2023," such an indicator allowed the company to take 3rd place.

According to data for 2022

The growth driver was the development of existing areas: the largest contribution to the revenue was made by the development, supply and implementation of software, technical support, cloud services, explained in T1. In addition, the indicators were affected by a significant increase in customer demand within the framework of the need to ensure technological independence - from the refinement and implementation of domestic software products to the supply of equipment.

Over the year, the holding's staff increased by 85%: from 8.7 thousand to more than 16 thousand people. In addition to joining more than 2 thousand specialists as part of Servionica, over 10 teams of specialized engineers from vendors who left the Russian IT market joined the holding company. The new expertise made it possible to form areas: engineering analysis and product development of CAE class solutions (automation of engineering calculations due to simulation of physical processes), as well as industrial engineering and automation (development and implementation of APCS and MES solutions).

Along with this, the expertise of T1 in the areas of information security and expanded support for SAP and Oracle was strengthened. The company previously said that Oracle, in particular, was joined by a team that was responsible for the development of large-scale banking solutions.

The holding also increased the number of local partners to 200 companies, increased its status and increased expertise on key Russian vendors. The client portfolio has been diversified.

T1 customers include more than 600 companies, including industry leaders with a significant share of investments in IT: finance, retail, industry, telecom, transport, and the public sector.

As for working with the public sector, in particular, in 2022, T1 companies entered into a number of large government contracts. For example, TS Integration signed a contract with Tax-Service, the structure of the Federal Tax Service, for the supply of equipment, software and the creation of a software and hardware complex with a volume of about 2.5 billion rubles. With FMBA of Russia "TS Integration" concluded two state contracts for the supply of software and technical support in the amount of about 1.7 billion rubles each.

The multiple growth of financial indicators and the steady scaling of the business were the result of the fact that the holding "T1" increased the number of customers and projects, the pool of partners expanded. Today, 16 thousand specialists from more than 250 cities of Russia work with us. In 2022, the holding ahead of time fulfilled the key goals of the strategy, exceeding the targets for 2024, says Igor Kalganov, general director of the T1 holding.

Igor Kalganov, we recall, in 2022 was recognized as the "Top Manager of the Year in the IT market of Russia" according to TAdviser IT Prize 2022.

In 2022, the T1 holding formed and brought to the market a pool of its own products. Its key decisions are registered in the unified register of domestic software:

• For operational needs, the Dion corporate communications platform, the T1 Talent Management digital HR platform, the online meeting system Committee Online, and the T1 CRM customer relationship management core system are offered;
• Technology processes are focused on the Mirion, Kore.DWH and Kore.Datalake, MLFactory, T1 Cloud, IaaS + cloud resources, as well as the Sphere software development platform and CRM enterprise business portal;
• To support the activities of financial institutions, a digital banking platform, a comprehensive solution for switching to the tax monitoring mode "T1 Tax Monitoring," processing services have been developed.

Also in 2022, the transition to a new management structure and model began. The internal services of the holding companies have become centralized and are based on a service support center. Areas of activity were combined into clusters:

• The T1 cluster brought together technological areas, which made it possible to comprehensively cover the needs of market customers: IT outsourcing and subsequent service (Servionica), integration business (T1 Integration), IT consulting and business process automation (T1 Consulting), the use of cloud services (T1 Cloud).
• Innotech Cluster is a fintech solution provider, a single development center.
• ABM cluster (products and partnerships) is a multi-product vendor of domestic software, which is responsible for the development of its own platform products and the formation of an external partner network for distribution and integration of solutions.
• Datatech cluster specializes in working with big data.
• The Multicart cluster provides processing and acquiring solutions and services.

In 2022, we recall that VTB Bank sold its stake in T1 LLC, explaining this by the "planned restructuring of the investment portfolio and withdrawal from non-core assets"^[4] its^[5]

Agreement on testing hybrid cargo, transport and unmanned aircraft in the Nenets Autonomous Okrug

Governor of the Nenets Autonomous Okrug Yuri Vasilyevich Bezdudny, Ecolibri JSC, which develops vertical take-off and landing aircraft, and the T1 Group, one of the representatives of the Russian IT market, signed an agreement on creating conditions for testing the created types of hybrid cargo, transport and unmanned aircraft in the Nenets Autonomous Okrug and for cooperation in the field of development work for unmanned aerial vehicles. This was announced on December 9, 2022 by T1. Read more here.

Opening the Product Development Area for Industrial Engineering Analysis Automation

The T1 Group on October 6, 2022 announced the opening of a product development area for the automation of engineering analysis in industry.

The direction will be headed by Alexander Sobachkin, previously the director of the direction R&D in the company. The Siemens PLM T1 Group's Engineering Analysis and Product Development Competence Center will develop a class CAE product (Computed Aided Engineering computer). Such solutions are part of the complex of software developments for computer-aided design - they CAD are part of the stack of Product PLM Lifecycle Management technology.

The solution is intended for automation of engineering calculations due to simulation of a number of physical processes: hydrogas dynamics, heat transfer, electrical processes, calculation of strength of structures, etc. It will include several specialized modules, for example, "PCB Analysis Module," "Power Electronics Analysis Module," "Optics and Photonics Analysis Module," etc.

Computer modeling makes it possible to assess the influence of changing thermodynamic parameters of the medium (pressure, speed, liquid flow rate, liquid and solid body temperature, stress, deformation, etc.) on the designed product in real operating conditions. Information about the processes that occur during the operation of the product allows the engineer to clarify its characteristics and optimize them if necessary.

The use of a digital analysis model provides an opportunity to improve the quality of development and obtain an assessment of the performance of the product with significantly less time and money. Cost savings are achieved by detecting design problems in the early stages of design and reducing the number of expensive field experiments, including the possibility of completely abandoning them. In addition, routine operations are reduced and time is freed up for high-tech specialists who can focus on innovative tasks.

The product will be intended for design engineers and calculation engineers at design bureaus. The industry sphere of application is diverse: instrument engineering, aircraft engineering, rocket and space industry, automotive industry, mechanical engineering, shipbuilding, oil and gas industry, power, architectural design and construction, etc.

Based on the experience gained, we chose for our product the use of an integral calculation method based on improved classical analysis methods together with experimental characteristics and analytical models already "sewn" into the system. This approach will avoid the inherent time-consuming initial preparation of input data in standard CAE systems. And all this - without losing the accuracy of modeling. Thus, we will get an easy-to-use solution that can be used by both calculation engineers and non-specialists in the field of CAE: software research will require a minimum of costs, - said Alexander Sobachkin, director of the center for competencies in engineering analysis and product development of the T1 Group.

{{quote 'According to experts, high-quality CAE products can reduce simulation time by 75%, and increase performance by up to 40 times. The program requires a geometric model with specified operating conditions to form a thermodynamic picture that allows the designer to assess the need for product modification. It is much easier to make changes to the parameters of the model during digital tests than to the product itself, so the use of such technologies can increase the company's revenues by up to 10%, accelerate the time the product enters the market by 50% and improve quality by 25%, "said Mikhail Knigin, executive director of the T1. }}

T1 Group buys 75% of IT integrator Servionica for 3.5 billion rubles

On July 6, 2022, it became known that T1 Group was buying 75% of IT integrator Servionica from I-Teco for 3.5 billion rubles. According to Kommersant, Servionica is needed by T1 Group as a structure that will serve computer equipment supplied to customers, especially in regions where the group is "planning expansion." Read more here.

Joining APKIT

On May 31, 2022, the T1 Group announced that it had become a member of the Association of Computer and Information Technology Enterprises (APKIT).

The Association's activities are aimed at developing effective mechanisms for implementing state policy in the field of information technology, as well as ensuring the consistency of government programs and development plans for IT companies.

APKIT is an expert industry platform that unites IT companies to form a structured approach to solving urgent industry problems. Consolidation of the interests of IT market players contributes to building an effective dialogue between business and the state. The T1 Group has extensive experience in implementing programs to maintain the sustainability of the business and develop its digital sovereignty and will share its expertise as part of its participation in the association, "said Nikolai Knyazev, Deputy General Director for Special Projects of the T1 Group.

The point of participating in the association is to shape the IT market together with leading players, to prepare the future for their business. Membership in the association opens up access to upcoming initiatives to change taxes, duties, support measures, makes it possible to adapt these initiatives taking into account the interests of the company, block bills that are inconvenient for the IT industry, offer their initiatives, establish direct contacts with top managers and owners of the IT market and government officials, - said Nikolai Komlev, Executive Director of APKIT.

Appointment of Igor Kalganov as CEO

The T1 Group on May 19, 2022 informed TAdviser about the change of the CEO of the T1 management company. The holding was headed by Igor Kalganov, who has been working in the T1 Group since 2020. Read more here.

VTB sold its stake in IT company T1 Group

At the end of March 2022, it became known that VTB had withdrawn from the capital of T1 LLC, the management company of T1 Group, which unites six enterprises operating in the field of integration, consulting, cloud technologies, software development and processing services.

As Kommersant was told in VTB, 30.5% of T1's shares, which the bank previously owned, were sold to a third-party investor. His name has not been revealed. Another 69.5% remain Sirocco Technologies LLC (the company, according to the Kartoteka.ru, was established in 2015 with an authorized capital of 10 thousand rubles, the sole owner of the legal entity is Yulia Mankos).

VTB sold its stake in IT company T1 Group

According to a VTB representative, the bank considered T1 Group, among other things, as a profitable investment asset. The bank's sale of a stake in the company is associated with a planned restructuring of the investment portfolio and withdrawal from non-core assets, VTB said.

By the end of March 2022, T1 Group continues to prepare for an IPO. Earlier, the financial director of T1, Roman Romashevsky, told RBC that the company is considering entering new promising markets and this requires funding. He noted that the group plans to use different sources of financing, and obtaining a credit rating is a basic step for the company in the stage of active growth. At the same time, Romashevsky stressed that the IPO is "just one of the possible scenarios."

T1 plans to go public in 2024. The IT company wrote this in the information about the vacancy for the position of head of corporate finance. The vacancy also states that among the duties of the candidate is the formation of a portfolio of external financing (credit, leasing, factoring), the activity of "T1" within the M&A, as well as obtaining a credit rating and the debut issue of bonds in 2022.^[6]

Moving the office to the Arena business center

On March 23, 2022, the T1 Group announced that it was moving to the Future Conceptual Smart Office (CUBE). The office is located on four floors of the Arena business center near the Dynamo metro station, where 374 smart workplaces are organized on an area of ​ ​ 5903 ^m2.

The office T1 uses advanced space management technologies. The "smart" office involves access to the building via Face ID and a system for booking workplaces through a special mobile application, which ensures clear planning of meetings and work activities. Each employee can book a meeting room or workplace from the phone, control the climate, lockers and light, and find the desired location on the interactive office map.

The office is equipped with open-space areas, coffee points, meeting rooms with multimedia systems. On one of the floors there will be a corporate library with a large selection of business literature and an amphitheater for events.

Office space and its technological content are inextricably linked. The relocation of the T1 Group to an office in a fundamentally different format, designed specifically for an updated work model, will make our colleagues' stay in the office more comfortable and business processes more efficient. The office space that the T1 Group creates for itself is maximally adapted to the main need on the part of employees in the hybrid mode of work - interaction and collaboration, - said Pavel Sokolov, Chief of Staff of the General Director of T1 Group.

KUB will become the flagship office of the T1 Group. It will house employees of the T1 management company, as well as provide jobs for employees of the holding's business units.

A hybrid work format is practiced in the T1: employees can work both in the office and at home. The hybrid format assumes that employees come to the office on a flexible schedule, more than 40% of employees work outside the office more than 50% of their working hours. Office spaces are used for collaborative teamwork, while individual work can be done from home.

The hybrid office has many advantages for employees: they can independently choose a convenient work format: in a comfortable office, at home or where it is convenient, to build a harmonious lifestyle and work for themselves with the team. For the T1 Group as an employer, the hybrid format of work increases the level of attractiveness in the IT market and is convenient for employees regardless of their place of residence, "said Ekaterina Melentyeva, Deputy General Director for Talent Development and Organizational Efficiency of the T1 Group.

Sale of controlling interest in Rexoft Group LLC

The T1 Group and Reksoft (Reksoft) on January 17, 2022 informed TAdviser about the closure of the transaction on the sale of T1 controlling stake in Reksoft Group LLC. The package was owned by the Reksoft management team under the leadership of the founder and CEO of the company, Alexander Egorov. Read more here.

2021

Revenue growth of 48%

At the end of 2021, the T1 group earned 87.7 billion rubles in revenue, which is 48.2% more than a year earlier, when the indicator was measured at 59.2 billion rubles. Such data were released on May 25, 2022. In the ranking TAdviser100: The largest IT companies in Russia 2022 the company "T1" took 8th place.

According to T1, the main shares of the group's revenue came from system integration, software development and IT consulting. In 2021, the number of customers of the group's companies increased by a third compared to 2020 - to more than 350 organizations, including government agencies and the largest companies in the main sectors of the economy.

T1 Group increased annual revenue by 48%

Among the customers of T1 are state structures and the largest companies in key sectors of the economy: telecom operators, financial organizations, industrial, fuel and energy, transport and trade enterprises.

In "T1" called the 2021 year of large-scale changes for the company. Thus, the group completed the business transformation, rebranded, approved a new strategy. Under the management of T1, Innotech Group of Companies (application software development), T1 Integration (integration business), T1 Consulting (consulting), T1 Cloud (cloud services), Multicart (processing and service services) are merged.

In 2021, the group continued to develop its own products and introduced new IT platforms on the market:

• T1 Watchman - system of operational monitoring of business applications and processes in enterprises;
• TalentForce's "T1" is an HR streaming recruitment service, a platform for automating point and mass recruitment;
• T1 EasyTax - a solution for communication between the Federal Tax Service and the taxpayer company as part of a new form of tax control;
• T1 CRM is a core customer relationship management system.

Composition of the group T1

The holding for April 2021 included: T1 Integration, T1 Consulting, T1 Cloud, Reksoft and Innotech.

TAdviser interview with commercial director Sergey Lobov

In 2020, T1 Group successfully completed the transformation of T1 Group and returned to the Russian IT market. TAdviser celebrated this with the Breakthrough of the Year Award. As a holding today builds a sales system, how many products you need to have in your portfolio, why "train" customers and why sales are a craft. TAdviser spoke about all this with Sergey Lobov, commercial director of the T1 Group. Read more here.

Acquisition of a 100% stake in MultiCard

On October 13, 2021, the T1 Group informed TAdviser that it had acquired a 100% stake in MultiCard LLC. Read more here.

Cooperation with Neutronics in order to provide the subjects of the Russian Federation with solutions in the field of VKS

The Group T1 on August 30, 2021 announced a partnership with the Neutronics group of companies. The main goal of cooperation is to implement a program to provide the constituent entities of the Russian Federation with standardized solutions in the field of VKS. The partnership of companies will support the state program for import substitution in the regions, provide a centralized tool for providing video conferencing to subordinate organizations. Within the framework of the program, it is planned to cover all subjects of the federation.

The Neutronics company will provide the regions with licenses to replace the VKS solutions used for August 2021. The T1 team will be responsible for their installation, integration with existing customer systems and subsequent service.

The Vinteo video conferencing solution is included in the Unified Register of Russian Programs for Electronic Computers and Databases. Its use will help the regions accelerate the implementation of digitalization and import substitution tasks.

The number of licenses will be determined by an agreement with the subject of the federation, they will cover various state departments from the fields of medicine, education, city management, legal proceedings, etc. Thanks to the widespread use of the Vinteo Telepresence product, the region will ensure the unification of the VKS system instead of disparate solutions from various manufacturers, which will significantly simplify subsequent maintenance and reduce the cost of it. In addition, the program provides for a period of piloting licenses to minimize investment from the region, the use of existing telepresence infrastructure and personnel training.

Since the beginning of 2020, we have seen an increase in the demand for VKS services by the regions due to the pandemic. At the same time, state bodies are faced with the task of a seamless transition to domestic software. For many years T1 Group companies have specialized in the design, implementation and maintenance of video conferencing systems, including significant experience in the implementation of federal projects. We used the accumulated expertise to develop a joint program with the distributor of the technologically most mature domestic solution in the VKS segment and are ready to support the regions in implementing import substitution tasks in this area, "said Sergei Solovyov, General Director of the T1 Group.

Understanding the problems of the regions, we conclude a partnership agreement with T1 Group in order to provide regional authorities with high-quality solutions of the Aerospace Forces, which they will be able to consolidate and centrally manage them, "said Grigory Ivanov, founder of the Neutronics group of companies. - In fact, we provide a digitalization tool, using which responsible persons will be able to focus on digitalizing public services and make them more convenient for citizens. Together, this will have a positive effect on the pace and quality of digitalization of interaction with citizens. To solve this problem, we have chosen the most reliable partner - the T1 Group.

Joining the "Association of Managers"

T1 Group, a player in the Russian IT market, became a member of the Association of Managers, a Russian business association whose activities are aimed at the professional development of the management community, the transition to socially responsible standards of doing business and integration into the global economy. Representatives of the T1 group reported this on August 3, 2021.

As a member of the Association, the T1 Group will take part in the formation of the agenda and the development of a unified position of the business community, promote the solution of tasks that are relevant for society and business, together with other participants, look for optimal models of digitalization of enterprises, promote programs to attract additional personnel to the IT industry and improve the quality of knowledge in the field of IT from management and specialists.

"Membership in the Association of Managers is a mutually beneficial partnership for everyone: each participant brings his own management and industry expertise to the business community and is enriched by the knowledge and experience of the rest. On the one hand, we will be able to promote significant projects that are aimed at dialogue and consolidation of the interests of the state, society and business. On the other hand, participation in the discussion of the industry agenda of various industries will open up new prospects for a more complete adaptation of industry areas of our business to the tasks of customers, "said Anastasia Osipova, First Deputy General Director of the T1 Group.

"The more members join the Association, the more effective our activities are, the more opportunities for the exchange of advanced professional and management know-how appear in our community. We are pleased with the new member of the Association of Managers - the T1 Group. It will strengthen our IT unit and help in promoting its initiatives. In addition, the group's management has excellent management skills: T1 showed some of the best results in the industry following the results of a difficult 2020, demonstrating business growth by 123% compared to the previous period, "said Vadim Kovalev, First Deputy Executive Director of the Association of Managers.

Association of the Technoserv group under the T1 brand

On April 21, 2021, Technoserv announced the rebranding and merger of its group of companies under a single brand - T1. The group changed its corporate identity, and structural changes were completed.

The holding's parent company is T1, which manages the strategic development of the group and acts as a "single window" for customers from various industries in the implementation of large complex projects.

The group is responsible for the integration business in the T1 Integration direction, consulting - T1 Consulting, cloud services - T1 Cloud (formerly Technoserv Cloud), application software development - Reksoft.

Also, the Innotech company appeared in the group. The "T1" explained to TAdviser that this is a new company that began its work in May 2020. This is a fintech with a specialization in custom software for the digitalization of the banking industry. Innotech is engaged in innovative activities in the areas of developing new solutions to increase the efficiency of production business systems, processing and analyzing large amounts of data.

In addition, at the beginning of 2021, I-Teco sold a stake in Servionica to T1 (TAdviser wrote about this earlier here. T1 is exploring growth opportunities not only organic, but also due to M&A in different segments of the IT market, TAdviser said in T1. In particular, 25.01% of Servionica LLC shares were acquired. T1 already had a service direction in its portfolio within the framework of the integration direction and expects to strengthen it with synergy with one of the largest players in this industry.

T1 CEO Sergei Solovyov says that Technoserv mainly worked in a highly competitive supply market and fairly simple, basic IT products, and this market is becoming less and less marginal every year

Company sites move to other domains: "T1" - t1.ru, "T1 Integration" - t1-integration.ru, "T1 Consulting" - t1-consulting.ru, T1 Cloud - t1-cloud.ru. For Innotech (nno.tech) and Reksoft (reksoft.ru), the sites remain the same.

According to the database of legal entities "Kontur.Fokus," LLC "T1" is 69.4% owned by Sirocco Technologies and 30.5% owned by VTB. 100% of Sirocco Technologies, in turn, are listed as Julia Mancos. There is no public information about whose interests it acts in yet. A source close to VTB, earlier in a conversation with TAdviser, called Julia Mankos a legally independent partner of the bank. And T1 told TAdviser they were not commenting on the group's shareholders.

The rebranding was launched last year. Technoserv was one of the oldest and largest IT holdings in the country, had a huge pool of competencies, but mainly worked in a highly competitive supply market and fairly simple, basic IT products. This market is becoming less and less marginal every year, for the customer there are fewer and fewer unique values, - said Sergei Solovyov, general director of T1, about the prerequisites for the transformation of the group. "We realized that for dynamic development we need new growth points, new breakthrough directions, since the IT market itself in 2020 has changed a lot[7] ambitions. "

The group is increasing new expertise, launching new lines of business, buying companies in the market, which it considers leaders in its industries. Rebranding is a reflection of the changes that are taking place within the group, Solovyov added.

The plans of "T1" are to expand the business in different segments: IT market,, Big Data,, and outsourcing IoT" cyber security import substitution software hardware," they say in the group.

Last year, we developed a strategy until 2024. It provides for the transformation of our group of companies into a national digital champion, occupying at least 6% of the market in those areas where the company is present or has products. But in general, our ambitions are even higher - to become number one on the market of Russia and the CIS, - said Solovyov.

According to the general director of T1, the shareholders of the group show involvement in business - in terms of assistance, support for certain projects. VTB Group, in particular, T1 has developed "sustainable financial and technological cooperation." T1 is a technology partner of both the bank and a number of its subsidiaries.

In turn, VTB Group is our financial partner, which provides us and our customers with a wide range of financial and related services: project financing, settlement and cash services, bank guarantees, credit, factoring and leasing products, - explained Sergei Solovyov.

According to T1, at the end of 2020, the group more than doubled its revenue: it reached 59.2 billion rubles with VAT against 26.5 billion rubles a year earlier.

Since the beginning of 2020, the team of the group has more than doubled: from 2.5 thousand to 5.4 thousand employees. And by the end of 2021, it is planned to attract about 3 thousand employees, mainly in the areas of development, testing and technical support.

The "T1" explained to TAdviser that the group's companies are faced with the task of launching new margin products and services. To this end, highly qualified specialists were involved in the team from the market: top management of companies, unique IT specialists, and the direction of recruitment was strengthened.

The search for specialists is on the open market, we are focused on attracting up to 1.2 thousand employees per quarter, mainly in the areas of development, testing and technical support, the company noted.

Ai-Teko sold its stake in Servionica to Technoserv owners

As TAdviser found out, in early 2021, I-Teco sold a 25% stake in Servionica to T1. "T1" combines the assets of "Technoserv" and is 30.5% owned by VTB, follows from the database of legal entities "Kontur. Focus." And 69.4% in T1 is owned by Sirocco Technologies. Read more here.

2020

Revenue growth by 123.1% to RUB 59.1 billion.

At the end of 2020, the revenue of T1 (Until April 2021 - Technoserv) amounted to 59.1 billion rubles, an increase of 123.1% compared to 2019, which allowed it to take 10th place in the ranking of TAdviser100: The largest IT companies in Russia 2021.