Novian

The Novian IT group has announced its results for 2024.

The group‘s consolidated revenue in 2024 amounted to EUR 38.9 million and grew 2.4% compared to 2023. The group’s EBITDA for the 12-month period was EUR 2.57 million and was 2.1 times the previous year’s figure. The operating profit for last year was EUR 1.5 million, or 14.3 times the amount in 2023.

“We are pleased with last year’s results, which again show that the success of an IT business depends not just on experience and the application of relevant innovations but also work together with clients to create innovations. I am grateful to the team, which has contributed to this,” says Tomas Vitkus, the CEO of the Novian group.

He says that, looking forward, the priority areas for Novian’s work include not only projects for national institutions and businesses, but also defence projects, artificial intelligence and high-performance computing solutions to address the challenges of climate change, and potential applications of quantum technologies.

“In the context of the digital era, with Lithuania and Europe actively considering ways to strengthen their defences, advanced technological and programming solutions that leverage artificial intelligence and other innovations should be among the top priorities for the country and the region. We are confident that Novian’s experience and know-how can be useful, and we are ready to contribute to projects in this area,” Vitkus says.

Novian last year earned most of its revenue – 59% – from activities related to IT solutions, with another 24% coming from software development and 17% from IT services. Its companies conducted operations in 37 countries, earning 77% of their revenue in Lithuania, 12% elsewhere in Europe, and 11% in other countries of the world.

Read more: https://novian.io/news/novians-consolidated-revenue-increased-2-4-in-2024-to-eur-38-9-million/

This year's finalists of the Lithuanian national digital innovation competition Skaitmeninis Knygnešys (Digital Book Carrier) include SABIS, the Invoice Administration General Information System!

The SABIS system for managing the invoices of Lithuanian contracting authorities and their suppliers is one of the projects developed in Lithuania to promote joint digitisation in the public and the private sector by implementing the digitisation of invoices.

The modern system enhances the efficiency of daily operations, supports improved collaboration between public institutions and private sector suppliers, and implementation of public procurement, and facilitates the organizations’ international engagement.

The system for the Lithuanian National Shared Functions Centre (Nacionalinis bendrųjų funkcijų centras) was developed by the IT services group Novian.

We’re thrilled to have played a role in bringing SABIS to life — and we wish the team great success in the final round!

Read more: https://novian.io/news/novian-developed-sabis-system-named-finalist-in-national-digital-innovation-awards/

Experience SABIS, the Invoice Administration General Information System, has been named a finalist in the Lithuanian digital innovation competition.

𝐓𝐢𝐫𝐞𝐝 𝐨𝐟 𝐦𝐚𝐧𝐮𝐚𝐥 𝐩𝐫𝐨𝐝𝐮𝐜𝐭𝐢𝐨𝐧 𝐭𝐫𝐚𝐜𝐤𝐢𝐧𝐠? Join our 45-minute webinar including live Q&A to see how the Assembly Application—built on Microsoft Power Platform—helps manufacturers digitize their factory floor, improve efficiency, and gain real-time insights.

𝐖𝐡𝐚𝐭 𝐭𝐨 𝐞𝐱𝐩𝐞𝐜𝐭: Live demo + real use case from a factory floor.
𝐖𝐡𝐞𝐧: July 1st | 3:00 PM CET
𝐖𝐡𝐞𝐫𝐞: YouTube Live

𝐑𝐞𝐠𝐢𝐬𝐭𝐫𝐚𝐭𝐢𝐨𝐧 𝐨𝐧𝐥𝐢𝐧𝐞: https://novian.io/webinar-accelerating-manufacturing/

Can’t attend live? Register to get the recording.

🚀 𝐀𝐮𝐭𝐨𝐦𝐚𝐭𝐞 𝐞𝐯𝐞𝐧 𝐟𝐚𝐬𝐭𝐞𝐫? 𝐘𝐞𝐬, 𝐢𝐭’𝐬 𝐩𝐨𝐬𝐬𝐢𝐛𝐥𝐞!

Today, when speed is increasingly important, and organisations seek ways to optimise their processes, we believe Microsoft Power Platform has flexible solutions to meet evolving needs.

💡 Power Platform is a modern low-code platform that enables building IT solutions quickly and adaptably – 𝐰𝐢𝐭𝐡𝐨𝐮𝐭 𝐥𝐞𝐧𝐠𝐭𝐡𝐲 𝐝𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭 𝐜𝐲𝐜𝐥𝐞𝐬. It can be used to:

• create internal process management applications (𝐏𝐨𝐰𝐞𝐫 𝐀𝐩𝐩𝐬),
• automate repetitive tasks and connect different systems (𝐏𝐨𝐰𝐞𝐫 𝐀𝐮𝐭𝐨𝐦𝐚𝐭𝐞),
• generate personalised data analyses and reports (𝐏𝐨𝐰𝐞𝐫 𝐁𝐈),
• provide secure access for external users via portals (𝐏𝐨𝐰𝐞𝐫 𝐏𝐚𝐠𝐞𝐬),
• integrate and manage data in one structured environment (𝐃𝐚𝐭𝐚𝐯𝐞𝐫𝐬𝐞).

The platform also makes it easier 𝐭𝐨 𝐫𝐞𝐬𝐩𝐨𝐧𝐝 𝐭𝐨 𝐜𝐡𝐚𝐧𝐠𝐞 during solution development.

🗣️ Insights into how these tools are used in practice were recently shared by Ieva Pavilionė, Head of Power Platform at Novian, at the 𝑇𝑒𝑐ℎ𝑛𝑜𝑙𝑜𝑔𝑦 𝑎𝑛𝑑 𝑅𝑒𝑠𝑖𝑙𝑖𝑒𝑛𝑐𝑒 2025 conference.

𝐈𝐧𝐭𝐞𝐫𝐞𝐬𝐭𝐞𝐝?
🔧 Having extensive experience working on projects of all complexities, we provide professional Power Platform services from needs analysis to implementation and support.

🔍 Want to know more? Contact Ieva Pavilione (find her contact information in the link below).

🌐 More about the types of applications we work on: https://novian.io/services-and-solutions/microsoft-power-platform/

💡 𝐀𝐈 𝐌𝐞𝐞𝐭𝐬 𝐂𝐮𝐬𝐭𝐨𝐦𝐬: 𝐀𝐝𝐯𝐚𝐧𝐜𝐢𝐧𝐠 𝐁𝐨𝐫𝐝𝐞𝐫 𝐒𝐞𝐜𝐮𝐫𝐢𝐭𝐲 𝐢𝐧 𝐋𝐢𝐭𝐡𝐮𝐚𝐧𝐢𝐚

Novian software development companies are proud to be part of an innovative project with Lietuvos muitinė / 𝐋𝐢𝐭𝐡𝐮𝐚𝐧𝐢𝐚𝐧 𝐂𝐮𝐬𝐭𝐨𝐦𝐬, where artificial intelligence is being applied to enhance border security and streamline cargo inspection processes.

𝐓𝐡𝐞 𝐜𝐨𝐫𝐞 𝐢𝐝𝐞𝐚? Using AI to analyze X-ray images of goods transported by rail, allowing the system to detect undeclared or suspicious items faster and more objectively than traditional methods.

🔍 A few insights from the project:

✔The AI being developed is 𝐡𝐢𝐠𝐡𝐥𝐲 𝐬𝐩𝐞𝐜𝐢𝐚𝐥𝐢𝐳𝐞𝐝, tailored to the unique challenges of customs inspections.
✔As the system continues to evolve and more X-ray data becomes available, 𝐭𝐡𝐞 𝐚𝐥𝐠𝐨𝐫𝐢𝐭𝐡𝐦𝐬 𝐰𝐢𝐥𝐥 𝐛𝐞 𝐫𝐞𝐟𝐢𝐧𝐞𝐝 𝐚𝐧𝐝 𝐫𝐞𝐭𝐫𝐚𝐢𝐧𝐞𝐝 to ensure even greater accuracy and efficiency.

Read more about the project: https://novian.io/news/lithuanian-customs-is-developing-an-ai-based-x-ray-image-analysis-system/

𝑇ℎ𝑒 𝑝𝑟𝑜𝑗𝑒𝑐𝑡 𝑖𝑠 𝑝𝑎𝑟𝑡 𝑜𝑓 𝑎 𝐶𝑢𝑠𝑡𝑜𝑚𝑠 𝑅𝑖𝑠𝑘 𝑀𝑎𝑛𝑎𝑔𝑒𝑚𝑒𝑛𝑡 𝑀𝑜𝑑𝑒𝑟𝑛𝑖𝑠𝑎𝑡𝑖𝑜𝑛 𝑝𝑟𝑜𝑗𝑒𝑐𝑡 𝑓𝑢𝑛𝑑𝑒𝑑 𝑢𝑛𝑑𝑒𝑟 𝑡ℎ𝑒 𝑁𝑒𝑤 𝐺𝑒𝑛𝑒𝑟𝑎𝑡𝑖𝑜𝑛 𝐿𝑖𝑡ℎ𝑢𝑎𝑛𝑖𝑎 𝐸𝑐𝑜𝑛𝑜𝑚𝑖𝑐 𝑅𝑒𝑐𝑜𝑣𝑒𝑟𝑦 𝑎𝑛𝑑 𝑅𝑒𝑠𝑖𝑙𝑖𝑒𝑛𝑐𝑒 𝑃𝑙𝑎𝑛.

🚀 Investing in the Future of Innovation!

🎓 This year, Novian proudly awarded scholarships to four outstanding young Lithuanian scientists for their exceptional research in Information and Communication Technologies (ICT).

The Young Scientists Scholarship was created to foster stronger collaboration between science and business in Lithuania—and to inspire the next generation of researchers to drive meaningful ICT innovation using cutting-edge technologies.

🏅 Two first-prize and two incentive scholarships were awarded to the nominees of the Lithuanian Academy of Sciences’ Young Scientists’ conference “Interdisciplinary Research in the Physical and Technological Sciences.”.

The awards were presented on May 22 during a ceremony hosted by the Lithuanian Academy of Sciences, with opening remarks by its President, Jūras Banys, and Taurimas Valys, Adviser to the Prime Minister of the Republic of Lithuania on Economic Diplomacy and Efficiency of State-Owned Enterprises. The young scientists were also congratulated by Gytis Umantas, CEO of Novian Technologies, and others.

We are proud to contribute to the promotion of science in Lithuania! 🚀

Read more: https://novian.io/news/novian-awards-scholarships-to-young-scientists/

Photo by Virginija Valuckienė

🚀 NEWS FROM THE FUTURE! It is said – the future is now – and this is best reflected in the cooperation between science and business in advanced technologies.

This year, Novian is proud to partner with the young scientists’ conference Interdisciplinary Research in Physical Sciences and Technology, organized by the Lithuanian Academy of Sciences. As part of this collaboration, we’ve established Novian scholarships to recognize the most outstanding scientific research in the ICT field using advanced technologies. We’re especially thankful to the Lithuanian Academy of Sciences for the opportunity to explore those future possibilities together! 🌟

👏 We are glad to have joined the opening of the conference and the discussion. A big thank you to Gytis Umantas, CEO of Novian Technologies and President of Quantum Lithuania, for his inspiring insights at the conference opening. Quantum technologies—an area where Novian Technologies is actively contributing— can be a real inspiration for future business and innovation!

The conference wrapped up with a discussion on one of today’s hottest topics: defense industry practices and innovation.

💬 Special thanks to Paulius Vaitkevičius, Head of Innovations at Novian PRO, for sharing valuable insights on how AI can be applied in defense, data management, and information warfare.

At Novian, we strive to drive progress in defense, AI, quantum technologies, and more—and we’re excited to support the next generation of scientists who are committed to driving innovation too.

NEWS FROM THE PROJECTS. Retal, an international packaging manufacturer, was looking for a solution to ensure its IT systems operated smoothly and securely.

IT company Novian Technologies took over the maintenance of all Retal’s data centres, IT infrastructure monitoring, information systems management, and workplace maintenance in its Lithuanian production facilities.

As a result, Retal’s IT infrastructure now operates seamlessly, allowing the manufacturing group to focus on its core business.

Read more: https://novian.io/experiences/with-novian-taking-over-it-maintenance-retal-shifts-focus-to-business-objectives/

Išsamiau: https://novian.lt/patirtys/it-prieziura-peremus-novian-retal-daugiau-demesio-skiria-verslo-tikslams/

We are pleased to have contributed to developing the Lithuanian national information system SABIS. This public sector invoice information system replaced the “E. Invoice” system, which has been in operation since 2015.

The new system was developed by the Novian programming companies at the request of the Lithuanian Nacionalinis bendrųjų funkcijų centras (National Shared Functions Centre), and advanced technological solutions were used during the project.

Integrations with other relevant systems of the country have been created for more convenient work, and cooperation of Lithuanian organizations with foreign countries is facilitated by the system’s compatibility with the unified e-invoice standard approved by the European Commission (eInvoicing).

The system was launched last year and at the beginning of 2025, new functionalities were added, including additional interfaces, system features, and bulk invoice actions.

“We are pleased to have successfully completed this nationwide project, which we believe will contribute to the country's digitalization and enhance the efficiency of public sector organizations.

During the project, we implemented several advanced technological solutions ranging from the development of a system based on modern microservices architecture and various integrations, to preparing the system to handle current loads and transferring historical data, a crucial stage in any digitalization process,” said Tadas Jonušas, CEO of Novian Pro.

Read more: https://novian.io/news/modern-sabis-for-more-efficient-management-of-e-invoices-in-lithuania-and-europe/

Išsamiau: https://novian.lt/naujienos/moderni-sabis-patogesniam-e-saskaitu-administravimui-lietuvoje-ir-europoje/

The IT services group Novian has made use of stock options as an employee benefit. This modern financial instrument has been used under a stock option programme for employees of businesses owned by INVL Technology, which owns Novian.

The programme, which ran from 2021 to 2023, envisages that the INVL Technology stock options may be exercised after three years. Based on the contracts exercised this year, the Novian group employees obtained almost 17,000 such shares.

Read more: https://novian.io/news/novian-employees-benefit-from-stock-option-programme/

Išsamiau: https://novian.lt/naujienos/novian-darbuotojams-akciju-opcionu-programa/

A cooperation agreement with the Massachusetts Institute of Technology (MIT; Boston, USA) was signed today at the Presidential Palace of the Republic of Lithuania.

The agreement with this world leader in science and innovation was signed by a consortium for implementing the MIT International Science and Technology Initiatives (MISTI) programme in the country. It includes Lithuanian universities and other higher education institutions, public enterprises and organisations, and private companies – among them Novian.

“The Massachusetts Institute of Technology is an exciting global laboratory for science and business ideas. We are honoured to be a part of this programme and believe that this partnership will generate significant new insights and opportunities, especially for effectively developing and applying innovations in the areas of programming and IT infrastructure,” said Tomas Vitkus, the group CEO at Novian.

The programme is seen as an important strategic investment in Lithuania's future. It offers the country an opportunity to become a regional leader in science and innovative solutions, while partnership with MIT and participation in the MISTI programme will strengthen Lithuania's image as an innovation and technology hub.

Read more: https://novian.io/news/a-strategic-investment-in-lithuanias-future-novian-will-work-to-drive-innovation-in-partnership-with-mit/

Išsamiau: https://novian.lt/naujienos/strategine-investicija-i-lietuvos-ateiti-bendradarbiaudama-su-mit-novian-sieks-inovaciju-pletros/