The main development vectors in 2020
Financial Results
2020/2019
including revenue from new projects
Implementing the Nexign strategy would have been impossible without a team of like-minded colleagues that is the basis for sustainable development of the company. Nexign has managed to set up a tight-knit team, owing to which the company's products and services have a strong competitive edge in the market and win telecom operators' acknowledgment.
In 2020, the Nexign team included over 1,800 people. The Nexign team is distinguished by its stability: over the year the staff turnover amounted to 12%, which is 6% less than in 2019. More than a half of the employees have been working for Nexign for over 3 years, and it means that we have managed to create a comfortable work environment and provide our specialists with all possibilities for development.
Nexign headquarters is located in Saint Petersburg, Russia. Expanding its global presence, Nexign is developing a network of offices, branches, and affiliate companies in strategically important regions worldwide. 2020 became a year of geographic expansion and business diversification for Nexign. Despite restrictions placed by the pandemic, Nexign managed to open up its subsidiary in Latin America as well as purchased a strategically important asset — STORM Technologies. The company also strengthened its staff by opening up two new offices in Russia: in Rostov and Nizhny Novgorod.
At present Nexign operates on three continents and in 12 time zones, providing support for a combined subscriber base of 200 M people in 16 countries.
Established in 1992
Place of state registration:
Saint Petersburg, Russia
Field of activities:
Software development and implementation
Established in 2020
Place of state registration:
Moscow, Russia
Field of activities:
Consulting and computer technologies
Share in the authorized capital owned
by Nexign JSC: 99%
Acquired in 2020
Place of state registration:
Moscow, Russia
Field of activities:
Computer software development
Share in the authorized capital owned
by Nexign JSC: 99%
Established in 2020
Place of state registration:
Saint Petersburg, Russia
Field of activities: Software development in the area of commercialization and development of digital platforms, products and cloud (SaaS) services to solve various tasks in the field of production (including hydrocarbon extraction), processing, logistics and sales in the oil, gas and chemical industries
Share in the registered capital owned
by Nexign JSC: 50%
Product Portfolio
Converged BSS
Services
Product portfolio
Set of Measures for Implementing Nexign Product Strategy in 2020
Preparing for the deployment of 5G networks, communication providers modernise the architecture of BSS solutions to monetize new types of services and guarantee fast innovation implementation in the competitive market. To meet telecom operators' needs for digital transformation, in 2020 Nexign invested in a technology for omnichannel user interaction and developed its product portfolio to support new business models based on multi-standard 4G/5G networks. The company also carried out some organizational changes aimed at shaping an expertise in the area of digital ecosystem development based on the microservice architecture of Nexign BSS solutions.
Customers and Projects
Completion of the Unified Billing Project for MegaFon
Customers and Projects
Implementing an Internet of Things platform for Rostelecom and Tele2
Customers and Projects
Upgrade of Billing System for Uztelecom
Uztelecom (Uzbektelecom JSC) is Uzbekistan's leading telecommunications operator. The company's local telecommunication network comprises over 2 thousand ATSs with a capacity of over 2 M numbers. Uztelecom provides cell and land-line communication, BBA services, and is the main provider of telecommunications services for state bodies and departments. By the end of 2020, the subscriber base of Uztelecom cell network had reached 7 M users.
In 2018, Uztelecom faced the task of transforming five separate BSS systems into a single convergent solution. It was also necessary to reduce the time to market for new products and services, simplify the process of creating package offers for subscribers, and reduce operational costs.
We are glad that by developing high-tech solutions and ensuring a much lower total cost of ownership we were able to support Uztelecom in developing its business and mission to expand its capabilities of accessible and unlimited communication for Uzbekistan's citizens and guests".
Customers and Projects
Deploying the Nexign Network Monetisation Suite at Yota
Implementing the Nexign Network Monetisation Suite enabled the telecommunications operator Yota to reduce the total cost of ownership and successfully develop new products and services.
Yota became the first Russian mobile operator that offered its subscribers communication packages tuned accurately to a minute and a gigabyte, and differentiated payment for different traffic types. The available process solution did not provide for horizontal scaling, therefore a new flexible tool for billing and policy management inside the network was needed.
all the operator's needs were covered by a single Nexign solution".
Partners
Several business factors contributed to this.
As digital maturity of industries and separate enterprises is growing, the complexity of projects is increasing as well: more than 90% of them involve the use of third-party software. At the same time, customers prefer cooperation with one vendor getting a turn-key solution and transferring responsibility for all project components to a single company. Entering the system integration market by establishing the company Nexign Solutions is one of the important transformation results for Nexign under the influence of those circumstances.
Managing integration projects requires a big pool of partners, both from the IT industry and related industries.
Developing a partner ecosystem required Nexign's focus on regional expansion. Under the conditions of the pandemic in 2020, travel restrictions within the country and abroad, a developed partner ecosystem made it possible to retain operability and efficiency of many processes.
In the future Nexign will continue to expand its program of cooperation with global, regional, and technological leaders.
Designing the Future
Remote Work Support
Interacting with Personnel
Career Planning and Development
Nexign's employees and their knowledge and skills are our greatest asset. And that's why we make sure that our employees are constantly expanding their expertise.
In 2020, Nexign moved most of its training programmes to a distance learning format and continued to train its staff as well as the employees of ICS Holding.
In 2020, the Nexign HR team created the online project NX Leaders Jet aimed at development of leadership skills in mid-tier managers and those in their future successors. The HR department assists the company's employees in setting up a personal development plan. Every year Nexign runs a 360° Poll to let every specialist get feedback from colleagues and understand what skills they need to improve. After taking the poll, employees form a training plan and can pick up courses that will help them to improve needed skills.
Nexign offers its specialists a wide range of training programs. The training marathons that were launched in 2020 are among them.
Corporate Culture
One of the most important challenges in 2020 was the need to maintain the well-established corporate culture when working remotely. At the same time, it was needed not only to keep up the results that had been achieved during the previous years but to continue to develop Nexign's key values.
The NX Ambassadors club was actively working under this strategy in 2020. During the year, 40 Nexign specialists were promoting the company's values, participating in adapting new employees as well as implementing projects aimed at improving business processes.
All internal events aimed at supporting corporate culture were converted to virtual format. Thus, the first live stream of Nexign Heroes Awards in Nexign's history was carried out to reward the best employees and teams.
The company's management awarded 30 prizes: 20 individual ones, 8 team ones, and 2 special prizes from the CEO. A special feature of the event was that the statuettes were handed over to the prize winners in person. This award ceremony was the first such large-scale event at the company that was conducted online.
Key Vectors of Nexign Product Development
Supporting the 5G Communications Technology Standard
Today it is out of question that the 5G technology is the most powerful driver in transforming the telecommunications industry. Implementing new business scenarios within 5G networks promises operators not only additional revenue from communication services at new speeds but also a move beyond the markets that are traditional for the telecom industry.
Nexign's integrated solution will support the 5G Core functionality and interfaces to prepare for smooth transition to 5G. Telecom operators will have the capability to divide a single physical infrastructure into several logic segments for different business tasks, launch innovative services with unique communication characteristics, automate 5G Core launch and scaling processes.
Focusing on the global market, Nexign is developing a line of products for fifth generation networks in accordance with international standards. At the same time, the company takes an active part in scientific and research activities on building and monetisation of 4G and 5G networks as part of the “Russian Federation Digital Economy” program for development of solutions meeting the Russian market requirements.
Entering New Markets
Developing the IoT Platform
Strategic Development Priorities
with Customers
in the Emerging Markets
Product Line
Collaboration with USM Telecom
and ICS Holding
and Monetizing Non-Core Expertise