Georgian Company Noxtton Enters the Swiss Market

Georgian technology company Noxtton enters the Swiss market. The company aims to fully capture the potential of European countries and create services focused on local requirements.

Giorgi Javakhidze, the co-founder of the company and CTO, talked Entrepreneur about the challenges in the new market and future plans.

"Initially, we started business in the UK, but soon we expanded and entered the Georgian and Estonian markets. Today Noxtton operates in 3 countries and our services are available in more than 10 countries. We believe that we have gained enough experience in the international market to compete with foreign technology organizations and offer services such as: cyber security, Custom Software, Data Driven Marketing. "

The Swiss market is of strategic importance for the development of Noxtton, as it is home to a large number of technology startups. In 2020 alone, up to 34,000 companies were established in the country.

"The Swiss market is quite large and developed, especially in terms of technology. There are many startups whose activities are directly or indirectly related to technology and especially blockchain. Given that we are also working in the direction of blockchain and are going to expand, it is important to be at the epicenter of events."

Despite the high level of competition, the Noxtton team thinks their company identity will help them establish themselves in a new market and find new partners. The company's portfolio includes more than 60 projects implemented in Georgia and the international market. Their advantage is the quality of the implemented projects.

"We think that our new product, Digital Asset Management, which will be designed for small and medium-sized companies, will help us to establish our place in the Swiss market. This platform will enable users to easily manage all their own digital assets (e.g. website, app, domains) from a single platform. We believe that this project, which we will launch at the end of the year, first in Georgia and then in several European countries, will have a positive impact on the business process. "

Entrepreneur