VTB purchased 100 thousand licenses "MyOffice" for 1.2 billion rubles

VTB purchased 100,000 MyOffice licenses worth 1.2 billion rubles to replace Microsoft Office with Russian office software. This became known on June 14, 2022.

As Vedomosti writes with reference to Elena Nepochatova, commercial director of MyOffice, negotiations on this deal with VTB have been going on since the beginning of 2021. According to Nepochatova, the package purchased by the bank included programs for working with documents, tables, presentations, etc., it is possible to work both in the cloud and from specific devices. The license is unlimited, with updates for five years, round-the-clock technical support, she clarified.

VTB purchased 100 thousand licenses "MyOffice" for 1.2 billion rubles

The purchase of MyOffice licenses for the state bank is the beginning of migration from foreign office software to Russian software throughout VTB, a representative of the bank's press service told Vedomosti. The products allow organizing work "without risk of falling under the restrictions of regulators or service providers," since they were developed in Russia, he added.

Market participants interviewed by Vedomosti call this transaction one of the largest purchases of Russian software by mid-June 2022. Earlier, the leader was the purchase of three-year Postgres Professional licenses in Russian Railways in the amount of 1.08 billion rubles.

Until recently, more than half of the software market in Russia was occupied by foreign vendors, with the departure of which "customers began to actively import substitution," says Sergey Ozhegov, general director of the SearchInform IT company, quoted in an article dated June 14, 2022. This is partly due to the fact that a comprehensive transition to domestic software takes a fairly long time, he explained.

It is noted that against the background of sanctions imposed on Russia in response to a military special operation in Ukraine, the demand for domestic operating systems has grown almost six times. The authorities and companies have begun testing Russian software, but the process from piloting to implementation can last at least a quarter.^[1]

Notes