Perfect business assembly: Web Summit brings together intellect and investments

- Everything you need to know about what happened on a world’s largest tech event
- ABM Cloud showcased its innovative products in Lisbon

Nov 7, 2019

Web Summit story started in 2009 in Dublin, when the most progressive and innovative people of the tech world gathered to discuss the latest ideas, trends and technology news. In 2011 the event brought together 400 people. The story continued, and over the past 10 years the Web Summit has moved to Lisbon and has grown into the largest tech event of the world.

In 2019 more than 70 000 tech entrepreneurs, developers, engineers, investors and journalists from 170 countries arrived to Portugal’s Lisbon.

ABM Inventory on Saummit 2019

Some record-breaking facts and figures of the Web Summit 2019:

  • 1800+ start-ups
  • 1500+ investors
  • 2600+ media representatives
  • 1200 speakers

The main event stage hosted key politicians, large-scale investors and executives representing the most successful global businesses. This year we have heard the insights from UN Secretary-General Antonio Guterres, Apple Vice President of Environment, Policy and Social Initiatives Lisa Jackson, Samsung President Jong-Yong, Margrethe Vestager, Executive Vice-President for A Europe Fit for the Digital Age and Competition, European Commission, Guo Ping, Huawei Rotating Chairman, Kate Brandt, Google Sustainability Officer, Tony Blair, Prime Minister of the United Kingdom 1997 to 2007, and Edward Snowden, former CIA contractor.

Participants at Websummit

The event features 22 stages and several parallel flows that give floor to both promising start-ups and successful project leaders, who can attract investors and find new partners for business development.

ABM Cloud Managing Partner Andrew Maximov took place in one of the Web Summit’s events called Surf Pitch Night where he presented the ABM Inventory, an innovative tech solution for retail market, and shared his experience on successful global product launch.

Andrew Maximov at websummit

Andrew Maximov - ABM Cloud Managing Partner

Innovative B2B software

The rise of B2B technology and automation of the major business processes are the trends that literally swept the Surf Pitch Night stage. Automation in B2B is becoming a must-have, not a nice-to-have.

Andrew Maximov presented a cloud solution that can provide automated inventory management. ABM Inventory is an effective and widely-used tool: ABM Cloud successfully cooperates with 70 key retail networks in 3 countries and has strong partnerships in India, the USA, and Brazil.

Andrew Maximov shares his Summit experience:

“We came to Web Summit to expand our horizons and establish new relationships. And we have succeeded! As a result of our participation, we are already negotiating with potential partners from Germany, the UK, Spain, Portugal, the USA, India, Brazil etc. We are preparing ourselves for 20 forthcoming business meetings and presentations.

Do you know what was the most challenging part of the Web Summit? I had to make a product pitch in just 3 minutes, and learn to present our product to event attendees in one minute - these are the summit rules! Time is money. Summit has taught me to grab clients and partners attention quickly and keep it! “

working at summit

Web Summit’s exhibit zone helped to establish meaningful connections by getting acquainted with startups in different industries: advertising, content and marketing, AI and machine-learning, e-commerce and retail, big data and analytics, entertainment and media, pharmaceuticals and medical technology, travel, fintech, automotive technologies, legal and consulting, education, social media, IoT etc.


Summit vibe and culture is totally unique. People coming here are smart and successful, their expectations are high and they know the value of their time. Time is money. Summit helps you to take your pitch from good to great.

ABM Cloud team

We at the ABM Cloud recommend you to join the next Web Summit to experience the next-level international networking, as well as:

  • learn the latest technology trends;
  • find new partners and expand your business globally;
  • earn to make great 1-minute product pitches;
  • enlarge your potential clients database by making follow-ups;
  • network with savvy people in informal setting;
  • be inspired by out-of-the-box ideas and thoughts;
  • feel the rhythm of the global technological world.


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