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RVC Mapped Digital Economy Companies

03.06.2020

The map contains an analysis of the activities of about 400 small and medium-sized companies in the field of creating and commercializing products and services based on end-to-end technologies of the digital economy in Russia. The fastest-growing technologies were artificial intelligence, big data, robotics, and sensorics. More than half of the participants are microenterprises; the share of medium-sized businesses is only 5%.

The study also highlighted the top 50 leading companies in each business category based on an analysis of indicators such as annual revenue, growth, the use of end-to-end technologies, patent activity, and export potential.

The RVC study included companies that develop quantum technologies in Russia, neurotechnology and artificial intelligence, virtual reality technology, big data, industrial Internet, wireless technology, robotics and sensor components, distributed registries, and new manufacturing technologies. The full base includes more than 600 companies — developers of their digital technologies in Russia. Their total revenue for 2018 amounted to about 860 billion rubles, which is 0.8% of Russia's GDP. Among them, 16 companies with revenues of more than 10 billion rubles and 37 companies founded in 2018.

The study's main focus was 389 companies with annual revenue of up to 10 billion rubles, with confirmed data on the availability of registered intellectual property objects corresponding to the research topic, and continuously updated official websites. The study made it possible to identify the principal trends in the development of the technological business and create a "picture" of small and medium-sized companies that develop digital technologies in our country.

SIZE OF BUSINESS. Sixty percent of companies developing digital technologies in Russia are representatives of micro business with annual revenues of up to 100 million rubles. Slightly more than a quarter of companies (26%) represent small businesses with incomes from 100 to 800 million rubles. The lowest number of digital solutions developers were medium-sized companies with revenues of 800 million rubles up to 2 billion rubles — only 5%. This picture can be explained by the fact that medium-sized businesses are faced with the so-called growth problem when the tasks of finding liquidity to ensure large contracts and retaining highly qualified specialists come to the forefront. Under these conditions, the development of new technology areas is often out of the focus of companies.

INDUSTRIES AND TECHNOLOGIES. The vast majority of companies represent the information technology industry and are producers of software products (63%). At the same time, a significant group of research participants can be attributed to industrial production, engineering, medicine, and retail.

The most popular end-to-end technology among developers has become an artificial intelligence. Every fifth company focused on RVC research is concentrated in this area. At the same time, such companies also demonstrate the highest growth rates (CAGR revenue indicators for 2016–2018. — 66%). Another 17% of companies are developing virtual reality technologies. Industrial Internet technology is in third place (15% of companies).

In addition to AI, the leaders in terms of growth rates included big data technologies (CAGR 59%) and robotics and sensors (CAGR 35%). It is worth noting that neurotechnologies and artificial intelligence have also become the most patentable (2,935 patents) with their high registrations in 2018. The relatively low growth rate and the number of participants in other technological areas indicate an unformed infrastructure and demand. For instance, wireless technology can begin to skyrocket when deploying 5G infrastructure.

REGIONS. According to the study, the bulk of digital technology companies are concentrated in Moscow and the Moscow Region (50% of companies and 92 billion rubles in total revenue). This is followed by the Leningrad Region (13% and 28 billion rubles), the Republic of Tatarstan (3% and 4 billion rubles), Novosibirsk Region (2% and 9 billion rubles) and Tomsk Region (2% and 1 billion rubles) — Permanent leaders in the ranking of innovative regions of Russia.

EXPORT POTENTIAL. Only 45% of the sample companies have sites in English, which may indirectly indicate their orientation to export. Thus, the majority of domestic developers of digital technologies are not yet ready for ongoing expansion abroad, or at this stage, consider the local market as a priority.

Mikhail Antonov, Director for Development of Innovation Infrastructure – Deputy General Director of RVC
The study was made possible thanks to the formation of a database of technology companies in RVC, which we started with the launch of the Digital Platform, where each company can register and speak about its activities. The transition to a proactive analysis of such companies' operations and their needs will become the basis for the design of relevant support programs. The study showed that we are witnessing the emergence of new markets with active players in the scaling process. Medium-sized companies may become new drivers of growth in the digital technology market if the government initiates a comprehensive business stimulating program.

Based on the sample in each category, depending on the scope of the business, a list of leading companies in the field of digital technology development in Russia was formed. For ranking, various criteria with each weight assigned were used, in particular, annual revenue, growth, the number of cross-cutting technologies used and registered intellectual property, the availability of materials in foreign languages, participation in specialized associations.

TOP 5 micro-enterprises (from 20 to 100 million rubles):

  • Clover Group (intelligent systems for capital-intensive industrial enterprises)
  • 3DiVi (facial recognition systems, tracking the human skeleton)
  • BFG Group (smart production management platforms)
  • Unilight (intelligent lighting control systems in cities)
  • Cera (smart retail systems)

TOP 5 small enterprises (from 100 to 800 million rubles):

  • VisionLabs (Intelligent Face Recognition Systems)
  • Etton (intelligent systems for the public sector)
  • AB Technology (IPTV Intelligent Systems)
  • Laika Intellect (development of VR-systems)
  • Mallenom Systems (Intelligent CCTV and Industrial Control Systems)

TOP 5 medium-sized enterprises (from 800 million rubles to 2 billion rubles):

  • Aiteko (development of intelligent systems for various industries)
  • Ostec (development of electronic equipment)
  • IRZ (development of electronic equipment)
  • AVP Technology (Intelligent Automation Systems for Rolling Stocks)
  • Rusbitech (development of telecommunication equipment)

TOP-5 large enterprises (from 2 to 10 billion rubles.):

  • Smarts (telecommunication equipment development)
  • ABBYY (development of data recognition systems)
  • Proteus (development of solutions for telecommunications)
  • Infotecs (development of information security systems)
  • Pulsar (development of electronic equipment)


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