Yesterday Jelastic, a California-based startup with Russian origins, saw one of its innovative solutions picked from five Russian finalists in the SmartCamp contest staged by IBM, as reported by the Skolkovo Foundation. Jelastic received a three-month mentorship course from IBM and will participate in the qualifying continental final in London at the end of November.
The solution distinguished by IBM, christened “Jelastic Private Cloud” (JPC), has been designed to help organizations lower the cost of running business-level apps that are presented in Java, PHP and .NET formats.
JPC was developed by Jelastic’s R&D spinoff established in Skolkovo, the international tech hub under completion on the outskirts of Moscow.
“The projects presented in the SmartCamp final develop their respective businesses in the areas that the market demands, and even define the markets,” said Kirill Kornilev, the general director for IBM in Russia and the CIS.
The five finalists on the Hypercube stage at Skolkovo: Jelastic, Easy Wallet, Ingenious Team, Forecast NOW! and Profit Maximizer. Photo: sk.ru
