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Welcome to Lithuania! Growing source of ICT solutions, innovations and business development “Infobalt” – “Infopark” meeting, Vilnius, 24/04/09.

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Presentation on theme: "Welcome to Lithuania! Growing source of ICT solutions, innovations and business development “Infobalt” – “Infopark” meeting, Vilnius, 24/04/09."— Presentation transcript:

1 Welcome to Lithuania! Growing source of ICT solutions, innovations and business development “Infobalt” – “Infopark” meeting, Vilnius, 24/04/09

2 Balance Lithuania is located in Geographical Center of Europe
Jean-George Affholder, French National Geographic Institute, 1989 Balance Lithuania 1 hr. shift from Moscow, Berlin, Brussels and Madrid. 7 hrs. shift from Tokyo and New York

3 “Not only the size but history of Lithuania was bigger”
Last pagan state in medieval Europe; Lithuania was the largest county in Europe not because of the conquest, but because of the diplomacy. Europe’s biggest trading empire in the 15th century (from Moscow to the Black Sea)

4 brave nation brave’ isn’t something you say, it’s something you do
“We were first to announce independence from the Soviet Union. That was perfectly natural for us…” Lithuania is a member of the World Trade Organization since May 31, 2001, and became a full member of the Schengen Agreement on 21 December 2007. Lithuania was recognised as the most progressive EU member state in terms of harmonization of its national law with the EU legislation

5 reliable In the 1940 the standard of living in
Lithuania was higher than in Finland Half of the Baltic economy (50% GDP) is in LT Best quality roads in Northeastern Europe Less obstructive past and a potential brighter future than many of its “new EU” Most interesting country for investment in Northeast Europe for its size, self-sufficiency, strong national identity, colorful history, emotionally fulfilling place, superior infrastructure, remarkable work ethic, notable cultural creativity, good location in between Western and Eastern Europe and Russia; Lithuania is a member of the World Trade Organization since May 31, 2001, and became a full member of the Schengen Agreement on 21 December 2007. Lithuania was recognised as the most progressive EU member state in terms of harmonization of its national law with the EU legislation

6 Vilnius has never been ”mono” city
Vilnius is the right sized city (a bit bigger than Helsinki) Vilnius is the northernmost baroque city in Europe in the last Catholic country in the east. One of the greenest capitals in Europe (40% grass and space) Closest European capital to Moscow It has 14 confessions and 10 saints (5 ethnicities could claim as a native city) Lithuania is a member of the World Trade Organization since May 31, 2001, and became a full member of the Schengen Agreement on 21 December 2007. Lithuania was recognised as the most progressive EU member state in terms of harmonization of its national law with the EU legislation Vilnius: Lively and romantic. Comfortable and familiar.

7 Situation and membership
Lithuania is member of World Trade Organization since May 31, 2001 NATO since March 29, 2004 European Union since May 1, 2004 Schengen Agreement since 21 December 2007. Lithuania is the most progressive EU member state in terms of harmonization of its national law with the EU legislation Lithuania is a member of the World Trade Organization since May 31, 2001, and became a full member of the Schengen Agreement on 21 December 2007. Lithuania was recognised as the most progressive EU member state in terms of harmonization of its national law with the EU legislation

8 Lithuania shortly Lithuania was one of the Soviet Union’s major technology centers European Business ethics and EU regulations apply Lithuania is culturally and technologically sophisticated Direct, firm and determined. Love innovations Region leadership in retail, biotechnology, laser industry, ICT, policy, art synthesis and sports.

9 Society of educated people
2x average EU-15 in population with higher education 90% of Lithuanians speak at least one foreign language 50% of the population speaks 2 foreign languages (mostly Russian and English or Polish) Source “Invest in Lithuania” According to Invest in Lithuania, Lithuania has twice as many people with higher education than the EU-15 average and the proportion is the highest in the Baltic. Also, 90% of Lithuanians speak at least one foreign language and half of the population speaks two foreign languages, mostly Russian and English or Polish.

10 Lithuania in Europe’s 500 Lithuania scores 23 of 43! 2007
“Lithuania shows impressive growth performance: 23 companies from Lithuania are amongst these top performing companies, a dramatic increase from the 4 companies listed last year.” “The newer EU Member States are well represented: 43 companies from 7 of the newer Member States countries are amongst Europe’s top performers.” Lithuania scores 23 of 43! The annual Europe’s 500 Listing identifies 500 of the most innovative, growth-focused and entrepreneurial, mid-size companies from across 28 European countries: 25 European Union Member States plus Iceland, Norway and Switzerland. Lithuanian companies incredibly fast broke into Europe’s 500 list: Jumping from 4 to 23 companies in one year. Occupying 23 places of 43 from ALL newer EU Member States. That makes more than 50% of newcomers!

11 Fast 2 adaptation First in EU to implement the mobile signature solutions Bank account management Fixing of electronic signature to documents by mobile phone. E-banking systems are used by over 80% of internet users. Lithuanians are adopted to live and work in environment of dramatically fast changes Lithuanians acquired unique habits for very fast adoption in changing environment. Today Lithuania is first in EU to implement mobile signature solutions and one of highest rates of using of e-banking systems.

12 Attractive prices Vilnius is the second lowest-cost European capital (ECA International) Lowest mobile communications service prices comparing to all EU countries (European Commission’s report 2005 about electronic communications markets and regulation) Minimal vacancy in A and B class office space (Colliers Int.) Class A office rent – 18 EUR/sqm – among the lowest in Europe is recognised as cost effective test market for emerging technologies Taking all the best from the free market Lithuania become one of most attractive in terms of costs effectiveness. And at last but not least Lithuania is recognised as very effective TEST market for emerging technologies.

13 Lithuanian ICT sector

14 Lithuanian ICT in short
About 120 enterprises are members of InfoBalt association Almost ICT companies operate in Lithuania More than ICT specialists persons employed in ICT sector All Lithuanian ICT sector is dominated by Small and Middle-size Enterprises which cover all fields of industry. Sector is organized into kind of “cloud” structure. Association InfoBalt includes most advanced of ICT companies and coordinates all sector.

15 Engineered in Lithuania
MagicDraw UML by NoMagic ( Trusted brand among USA Global 500, NASA, and others The worlds first UML tool based on Java for variety of OS (since 1998) Lithuanian R&D, development and product management Distributed in 70+ countries MADI (Mobile AD Injection) by GetJar Baltic Advertising distribution for mobile platform 80% customers based in Silicon Valley (USA) Used worldwide (incl. Yahoo & Google) Cellular Expert by HNIT-Baltic Ladies & gentlemen, let me introduce one of the most notable Lithuanian IT products. Trusted brand among USA Global 500, NASA, and others, The worlds first in its category Recognized as most advanced modeling tool Its name is MagicDraw UML , made by company NoMagic!!! Research, development and product management of this product (MagicDraw UML) were 100% made in Lithuania. MagicDraw UML become even more than just product. It is now internationally recognized as platform of choice for own products development. Ladies & gentlemen, please see example of technology development. GetJar Baltic invented and distributes MADI (Mobile ADvertising Injection) technology. MADI is used for advertising distribution in mobile phone networks. Sold worldwide, with 80% of customers are based in Silicon Valley including Yahoo & Google. Pls. see impressive distribution of another product - Cellular Expert by HNIT-Baltic - in next slide.

16 Cellular Expert by HNIT-Baltic
Cellular Expert – Wireless network planning, design, optimization and data management solution This is not a new global empire described on the map. You see distribution of very specialized software solution - Cellular Expert. All of us use cellular devices today. That means the Cellular Expert serves all of us. Cellular Expert is Wireless network planning, optimization and data management solution developed by HNIT-BALTIC and successfully marketed internationally since Y2000. To date Cellular Expert is used by more than 70 customers across 29 countries worldwide.

17 Lithuanian IT serves to…
Just take look on few other well recognized names of companies who benefit on services especially from Lithuanian IT.

18 World outsource to Lithuania
INFOBALT members serve with outsourcing to world-wide customers of any size, including USA Fortune 500 companies. Lithuanian specialists work with USA Top 100 IT Services Companies. Additionally among INFOBALT members are those, who were recognized as Global Outsourcing 100 by the International Association for Outsourcing Professionals. From Fortune 500 From Top 100 IT Services Companies in USA (Inc.com)  Global Outsourcing 100 by the International Association for Outsourcing Professionals.

19 What Do They Say… “…Your work is very professional & articulate, I appreciate working with people who care about what they do!” Michael Gyler, Vector project, Bentley Systems (12 years of outsourcing in Lithuania) “To be honest we will grow as much as Lithuanian labor recourses allow” Mary Jo Morris, president CSC World Sourcing Here you may see what our customers are saying. Bentley Systems is one of most experienced outsourcers in Lithuania. In more than 12 years Bentley Systems moved outsourcing to the level of complex projects and consulting. They are happy to make product development via Lithuanian companies. Mr. Michael Gyler from Bentley Systems say: “...I appreciate working with people who care about what they do!” . Mary Jo Moris, President of Computer Science Corporation World Sourcing, sayd: “…we will grow as much as Lithuanian labor recourses allow” . After such words there is nothing to add.

20 Welcome to Lithuania! “InfoBalt” www.infobalt.lt
Your first contact in Lithuania for ICT solutions, innovations and business development – “InfoBalt” Let us serve you according to the best European traditions and be2gether !


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