Source: Aroged

Yandex: Yandex first reported on the results of Yandex B2b Tech

Yandex company for the first time reported The financial results of his new unit Yandex B2B Tech, formed Last fall, on the basis of the Yandex Cloud platform, including II technologies for business, and the Yandex 360 virtual office. The revenue of the Yandex B2b Tech areas for 2024 amounted to 32.2 billion rubles, which is 48.4 % more compared to 2023. According to Yandex, the share of Yandex B2B Tech on the market was 13 %last year. As the company expects, the market volume will grow to 510 billion rubles. In 2028 from 240 billion rubles. In 2024, showing the average annual growth rate (CAGR) about 21 %. At the same time, Yandex expects Yandex B2b Tech to get ahead of the market for growth rates. Image source: Yandex The revenue of Yandex Cloud increased by a year by 1.5 times to 19.8 billion rubles. More than half of this amount (51 %) brought contracts with large companies. The number of Yandex Cloud customers increased by a year by 1.5 times to 44 thousand, the number of integrators increased 1.3 times to 674. By the end of the year, Yandex Cloud had 73 services. The highest revenue growth rates showed information security services - 2.1 times. They are followed by the Yandex Datalens BI tool (2 times growth) and AI services (growth of 1.6 times), whose share in the total revenue of the platform increased to 5 %. The number of users of the YandexgPT model exceeded 17 thousand, and more than 6.5 thousand customers use the Yandexart neural network. In 2025, as expected, the share of AI services in the revenue of Yandex Cloud will grow to 8 %. Among the achievements, the company called the introduction of a new supply model on-Premises, which allows enterprises to use some solutions not only in the cloud, but also in their servers, including solutions such as Yandexgpt, Datalens, the DBMS of YDB and Yandex Speechkit. A platform was presented for creating applications based on AI Yandex Cloud Ai Studio and the AI Assistant API tool for the development of personalized assistants, as well as a number of products for developers, including the platform SourceCraft . The Yandex Security Deck service also began to work, which allows you to identify cyberism and reduce the risks of leaks in digital products in the cloud, and the lease of the selected physical servers Yandex Baremetal. In turn, the Yandex 360 virtual office brought in 2024 almost 1.5 times more revenue for the year, reaching 12.4 billion rubles. More than half of the amount was received in the B2B segment, the revenue of which increased more than doubled. The most popular services in the B2B clients last year were "Post", "Calendar", "Disk" and "Television". The number of customers of paid services of Yandex 360 amounted to 151.5 thousand at the end of 2024, of which more than 25 thousand were new customers. Last year, Yandex 360 customers became accessible to use services on the On-Premises model. The first of them was Yandex Boards, and this year, this model can be used by services such as Documents and Disk. Also in Yandex 360 there was a role -playing model of distribution of access rights, support for authorization through corporate SSO, general disk and possibility Create a federation With organizations with which it is important to be constantly in touch. Source:

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Annual Revenue
$5.0-10B
Employees
10-50K
Artem Savinovsky's photo - CEO of Yandex

CEO

Artem Savinovsky

CEO Approval Rating

66/100

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