LITHUANIA: a reliable partner for USA

Growing source of ICT solutions, innovations and business

development

Balance• Lithuania is located

exactly in Geographical Center of Europe

– Jean-George Affholder, French National Geographic Institute,

1989

1 hr. shift from Moscow, Berlin, Paris and Madrid.

7 hrs. shift from Tokyo and New York

Lithuania

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 shortly

• European Business Ethics and EU regulations apply

• Direct, firm, brave and determined. Love innovations and technologies.– Region leadership in retail,

biotechnology, laser industry, ICT, policy, art synthesis and sports.

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

Fast 2 adaptation

• 1st 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.

Fast 2 transfer

• In EU 35, Lithuania is now the leading country with nearly 240,000 (18% HP) subscribers of FTTH at end December 2009. (Sweden 12%, Norway 11%)

• Fastest increasing of internet users in EU (2000-2009) – 834,9%

• 59,2% of citizens use internet (Europe average 52%)

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

Lithuanian ICT sector

Lithuanian ICT in short

• Almost 2.000 ICT companies operate in Lithuania

• About 120 enterprises are members of InfoBalt association

• More than 15.000 ICT specialists

• 23.000 persons employed in ICT sector

Engineered in Lithuania• MagicDraw UML by NoMagic (www.magicdraw.com)

– 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

Lithuanian IT serves to…

World outsource to Lithuania

• From Fortune 500• From Top 100 IT Services Companies in USA (Inc.com)•  Global Outsourcing 100 by the International Association for Outsourcing Professionals.

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 resources allow”

Mary Jo Morris, president CSC World Sourcing

Welcome to Lithuania!• Your 1st contact in Lithuania for ICT solutions,

innovations and business development is

InfoBalt associationwww.infobalt.lt

• Let us serve you according to the best European traditions