Professional Achievements

IBS Group

In 1992, Sergey co-founded IBS Group, which grew into one of the largest system integrators and providers of enterprise IT infrastructure and consulting services in the CIS region. Under his leadership, IBS:

Delivered large-scale digital transformation projects for government and corporate clients
Offered a full range of IT services including consulting, cloud solutions (PaaS, IaaS, SaaS), and systems integration
Raised $31 million from Citigroup and AIG in 1997

Successfully conducted an IPO on the Frankfurt Stock Exchange in 2005, raising $113 million for a 33% stake Sergey served as Executive Director, then CEO and Chairman of the Board, until stepping down in 2012 to focus on strategy and innovation.
Luxoft

In 2000, as part of IBS’s diversification strategy, Sergey co-founded Luxoft as a dedicated software engineering subsidiary. Luxoft quickly became a global leader in software development, serving Fortune 500 clients such as Boeing, IBM, Deutsche Bank, and the U.S. Department of Energy.

Key milestones include:

IPO on the NYSE in 2013, with a valuation of $555 million
Expansion to 42 offices across 21 countries, delivering solutions to clients in the finance, energy, telecom, automotive, and aviation sectors
Acquisition by DXC Technology in 2019 for $2 billion
Recent Ventures

In 2020, Sergey exited IBS Group to focus on launching and developing new businesses independently. He co-founded a new IT holding company with a diversified portfolio in:

Financial automation systems
Technological platform development
Analytical and data storage solutions
Enterprise-level system integration
Current Focus and Investment Interests

Sergey is currently focused on early-stage investments and advisory in open source technologies, artificial intelligence, and big data platforms, particularly in fast-growing and emerging markets. He actively supports innovative technology startups and often contributes his expertise to accelerate their strategic development and market expansion.

Commitment to Innovation in Education

Sergey has long been passionate about education. In 2007, he led the launch of a pioneering, fully funded master’s program in IT at the Moscow Institute of Physics and Technology (MIPT), offering students hands-on, practice-oriented training in partnership with the private sector. A similar program was later introduced at the University of Science and Technology.

He continues to invest in next-generation educational platforms for both students and experienced professionals.

Early Career and Education

Before his entrepreneurial career, Sergey worked as a systems programmer and department head at the USSR Ministry for the Construction of Oil and Gas Enterprises, leading the development of complex software systems.

He holds a degree in Applied Mathematics and graduated from a secondary school specializing in mathematics, physics, and computer science – an education that gave him early access to real-world IT challenges long before the industry matured.