Orange Fab, the international accelerator network for start-ups of Orange, expands in Russia
- The agreement was signed in Skolkovo, a Russian high-tech business hub
- The Orange Fab will support B2B innovations, supported by Orange Business Services’ expertise in Russia
Orange Fab, the Group’s international accelerator for start-ups, has now launched in Russia. Start-ups now have access to 17 Orange Fab programmes globally. Orange Fab in Russia will offer selected start-ups specific support to accelerate their development in Russia, as well as internationally, leveraging the worldwide presence of Orange.
Orange Fab in Russia will involve technology startups in their programmes focused on artificial intelligence, big data analytics, solutions for the Internet of Things, next-generation network and cloud technologies.
The first acceleration programme will be announced in the nearest future. Its active part will last for three months, during which the startups together with Orange will prepare proposals for innovative technological solution pilots. Startups will be able to apply toon the accelerator’s website.
Orange has been accelerating and developing innovative start-ups internationally since 2013 through its Orange Fab programme, present in the most dynamic digital ecosystems, such as the US, Israel, Japan, South Korea, France and Senegal. During the three-month acceleration period, Orange will help develop products and services, while offering start-ups logistical support, access to its markets and its partners' markets, or even funding. More than 400 start-ups have benefited from Orange Fab's support so far. And, over 1,000 startups are supported by Orange through various programmes.
“Our mission at Orange Business Services is to help our customers reveal and shape their innovation, which will allow them to differentiate and outperform in their specific markets. Launching Orange Fab Russia is an illustration of our commitment to innovation strategy, creating an open ecosystem across the globe with businesses, startups, businesses, and partners, to co-creating innovative solutions, said Helmut Reisinger, CEO of Orange Business Services.
“With a wide network of partners and corporate clients around the world, Orange becomes a serious strategic partner, similar to us in spirit and goals. The launch of the Russian chapter of Orange Fab startup accelerator in Skolkovo opens up a new spectrum of opportunities for Russian companies to enter international markets. Among other things, our startups will have more possibilities to create high-tech and competitive solutions for large businesses,” said Konstantin Parshin, Vice President and Executive Director, Skolkovo Foundation Information Technologies Cluster.
Orange is one of the world’s leading telecommunications operators with sales of 41 billion euros in 2018 and 148,000 employees worldwide at 30 September 2019, including 88,000 employees in France. The Group has a total customer base of 268 million customers worldwide at 30 September 2019, including 209 million mobile customers and 21million fixed broadband customers. The Group is present in 26 countries. Orange is also a leading provider of global IT and telecommunication services to multinational companies, under the brand Orange Business Services. In December 2019, the Group presented its new "Engage 2025" strategic plan, which, guided by social and environmental accountability, aims to reinvent its operator model. While accelerating in growth areas and placing data and AI at the heart of its innovation model, the Group will be an attractive and responsible employer, adapted to emerging professions.
Orange is listed on Euronext Paris (symbol ORA) and on the New York Stock Exchange (symbol ORAN).
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