New Cloud Technologies

About New Cloud Technologies

New Cloud Technologies, operating under the brand name MyOffice, is a Russian software company established in 2013 by Dmitry Komissarov. Komissarov, a graduate of MIREA - Russian Technological University, has been involved in the Russian IT sector since 1993, holding various leadership positions before founding the company. New Cloud Technologies develops and markets a suite of office applications designed as an alternative to dominant international software, focusing on data security and control.

The company's flagship product, MyOffice, is an ecosystem of applications for collaborative work with documents across various platforms, including desktop, mobile, and cloud environments. It provides tools for editing text documents, spreadsheets, and presentations, alongside managing email, calendars, and contacts. The platform is engineered to offer clients complete control over their data, a key selling point, particularly for government and state-owned corporate clients who need to ensure sensitive information remains within their own private cloud infrastructure. This focus on data sovereignty has been central to its strategy, attracting clients in regions like Africa, where governments have sought to keep data within their borders.

New Cloud Technologies operates on a software-as-a-service (SaaS) and on-premises licensing model, serving a client base that ranges from large enterprises and government bodies to small businesses and individual users. A significant milestone in the company's history was the investment from Kaspersky Lab, a major cybersecurity firm, which acquired a 29.5% stake in 2019 and later became the majority shareholder. This partnership was aimed at enhancing the security features of MyOffice products. The company has faced challenges, including a reported decline in revenue in 2023 and management changes.