Enterprise Europe Network

Russian data analytics software enterprise seeks partners abroad to sign license agreements

Country of origin:
Country: 
RUSSIA
Opportunity:
External Id: 
BORU20190311006
Published
15/03/2019
Last update
18/11/2019
Expiration date
18/11/2020

Keywords

Partner keyword: 
Artificial intelligence programming aids
Other Artificial intelligence related
Computer consultancy activities
Other information technology and computer service activities
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Summary

Summary: 
A Russian company from Moscow specializes in developing big data and machine learning software which can be used in various industries. The company is looking for foreign partners to enter into license agreements.

Description

Description: 

The Russian company from Moscow was founded in 2005. It specializes in developing prediction and recommendation software and has now developed programmes powered with big data analytics and machine learning algorithms for generation of various scenarios based on large data sets. Several examples of such scenarios (reports) can be energy consumption scenario, economies of scale scenario, waste management report etc.
Having established close long-term cooperation with several partners from Russia, the company has taken its niche on the domestic market while terms of collaboration with partners from the EEU are at final stage of negotiation.

The company offers scalable, machine-learning based software that helps to process large amounts of data. The customers get clear and vivid reports comprising all the necessary information about current industrial or business processes that include predictions of how variables will change and recommendations on how to avoid unfavourable situations or, for example, reduce costs.
The potential customers are energy and power supply companies, manufacturing enterprises, retail and digital marketing companies. Small companies will make their business more predictable and big corporations will find out new ways for expansion. The software is unique in being well-adjusted to the specific consumer and having clear user-friendly interface which allows to utilize it without atracttion of any new stuff.
The Russian company is looking for foreign partners to conclude license agreements. Under the license agreement, the company will provide the software product and holder of non-exclusive right to sell the software product and also provide services related to transfer of technical and reference information related to operation of the software product. This way of collaboration allows to avoid competition among the users of the software and its distributors. Finally, it is essential that the right to conduct further research to improve the technology of data processing rests with the Russian company as a licensor and inventor.

Advantages & innovations

Cooperation plus value: 
1. Each user is provided with an easy-to-use web service, not with resource consuming software. 2. Each user is provided with individual interface. 3. The company has its own servers and provide fast feedback and consulting. 4. Data scientists are continually improving artificial intelligence models, testing all the new algorithms and trying to minimize prediction errors. 5. The company provides analytics plots and charts on users' requests. 6. Predicting any variable if a historical dataset is avaliable (it can be electricity consumption, oil price, generated power etc).

Stage of development

Cooperation stage dev stage: 
Already on the market

Partner sought

Cooperation area: 
Type: SMEs, MNEs, Universities, R&D institutions. Role: under the license the partner must pay a fee for using the product.

Type and size

Cooperation task: 
University,R&D Institution,>500 MNE,251-500,SME 51-250,>500