Rostelecom and YADRO set up a joint venture

Rostelecom and YADRO set up a joint venture. IT Market

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Ekaterina Alexandrova | 09/16/2020

Rostelecom and YADRO set up a joint venture

The technological basis of the joint venture between Rostelecom and YADRO (part of IKS Holding) will be a joint product portfolio that will combine a set of PaaS and IaaS services.

The new JV Cloud Platform LLC, whose work will expand the business line of Rostelecom’s data centers, will be created by merging the subsidiaries of Rostelecom and YADRO – LLC TIONIKS and LLC
“Digital Energy”, respectively. Rostelecom will receive a 51% stake in Cloud Platform LLC, YADRO’s stake in the joint venture will be 49%. The companies have already started developing a joint
a platform solution that is expected to meet the needs of large corporate clients and the public sector who have embarked on the path of digital transformation.

Rostelecom tops the rating of IaaS solution providers, occupying a quarter of the Russian public cloud services market. On the basis of JV Rostelecom creates a major player in the market of technological
solutions for cloud services under its control, complementing its line with PaaS solutions and thus strengthening its own competitive position in this area. It is planned that by 2025
the share of companies using the joint venture solution in the corporate and public sector will reach 40%, and the share of companies in the medium-sized market – 15%.

It is assumed that the transition to a unified product portfolio will allow customers to increase the efficiency of utilization of computing resources by 15-17% and reduce the cost of operation by 20%
structural services. It is expected that the solutions will be useful for meeting the growing demand of Russian enterprises for domestic IT systems.

Affiliate Programs, Cloud Service, PaaS, SaaS

Rostelecom | Rostelecom, YADRO

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