Marchmont News

Marchmont News is a bi-lingual news website for the Russian and international business community focusing on a dozen economic sectors across Russia's nine time zones, with special emphasis on industrial modernization and technological innovation in the Russian regions. Marchmont's analytical archive contains more than 17,500 feature stories and news updates. Marchmont readership consists of active business network representatives, with more than 8,700 daily readers. The site is published by Marchmont Capital Partners, Nizhny Novgorod, a 100% owned Russian subsidiary of Florida based Marchmont Capital Partners, LLC. The company offers products and services to meet the unique needs its target audience that includes entrepreneurs seeking business expansion, professional managers, and investors looking for new opportunities on the Russian market. Contact: Oleg Kouzbit, [email protected]

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NFC on the move in Russia; compatible phones and payment systems to fuel traction

NFC technology enabled 4.5 billion rubles, or about $138 million, worth of payments in Russia in the first six months of this year, reported i-Free, a developer and publisher of mobile applications and games, in an exchange with Russian news agency RIA Novosti. Svetlana Kostochka, the head of i-Free’s innovation marketing department, explained she expects …

NFC on the move in Russia; compatible phones and payment systems to fuel traction Read More

M2M market up 63% in one year with 3 million SIM card enabled connections

Russia’s M2M service market grew a hefty 63% year-to-year by June 2012, from an estimated 1.84 to 3 million SIM card enabled connections, MTS, a leading Russian mobile operator and retailer, has found in a special study. Sharing its results with Russian news agency RIA Novosti, Valeria Kuzmenko, a spokesperson for MTS, said the company, …

M2M market up 63% in one year with 3 million SIM card enabled connections Read More

MTS engages in telemedicine; SIM chip powered straps to safeguard health

MTS, a leading Russian mobile operator and retailer, has announced plans to bring special, radio-enabled wrist straps to the Russian market by the end of this year. The electronic bracelets will help users obtain unaided health checkups and  obtain professional medical advice remotely. This telemedicine-supporting device, called ‘Opeka,’ has been designed by a private-public partnership …

MTS engages in telemedicine; SIM chip powered straps to safeguard health Read More

Report: Russian cloud market to top $460 million by 2016

Russia’s public and private ‘cloud’ computing service market mushroomed a healthy 417.3% last year to reach $59.38 million and is poised to continue to burgeon in increments of over 50% a year, IDC Russia/CIS reports in its most recent Cloud Services Market 2012–2016 Forecast and 2011 Competitive Analysis research. In 2011, the IaaS (Infrastructure as …

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With Runa Capital’s $5 million, US’ Station X poised to “crack genetic code”

Station X, a Silicon Valley based developer of software for scientific and clinical genome research, has just raised $5 million in its second funding round led by Runa Capital, a Russian early stage VC fund. The two-year-old US start-up, which focuses on genome data analysis and visualization for clinical and research apps, is expected to …

With Runa Capital’s $5 million, US’ Station X poised to “crack genetic code” Read More

Apple’s iOS 6 uses Yandex geo-search for Russia

Apple has tapped into solutions offered by Yandex, Russia’s Internet search giant, for the latest update of its iOS 6 mobile platform, the Russian news agency RIA Novosti reported, citing an unidentified source with knowledge of the matter. “Apple’s Russian map coverage is far from ideal, and therefore the company is drawing on Yandex technology,” …

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MTS assets seized in Uzbekistan; mobile operator envisions $1 billion loss

On Monday, the Tashkent City Court in Uzbekistan handed down a decision ordering the forfeiture of assets held by a local mobile service operator in a controversial ruling that may cause the operator’s owner, Russia’s MTS, to charge off a loss of up to $1 billion, the Russian news agency RIA Novosti reported. The Court’s …

MTS assets seized in Uzbekistan; mobile operator envisions $1 billion loss Read More

iCarnegie to open IT training center in Tatarstan

iCarnegie, the technology arm of Carnegie Mellon University, announced plans to open an IT training center in what is now developing as Innopolis, an ‘innovation city’ outside of Kazan, the capital of Tatarstan, an autonomous republic of the Russian Federation. The international educational and training facility will reportedly have the capacity to train as many …

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Artificial neural networks near fruition in Tyumen

TASO, a Russian company based in Tyumen, Western Siberia, has plans to complete by the end of this year the development of TASO-NeuroMeccano, a software for global supercomputers, the regional news agency Tyumen Line reported last week citing the West Siberia Innovation Center. The software will reportedly enable the development of neurogenetic networks, dynamic models …

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Russian and Chinese technoparks strike cooperation agreement

Last week, “Zhigulyovskaya Dolina,” a technopark nearing completion in Russia’s Samara region, and China’s Tsinghua Science Park (TusPark) of Tsinghua University in Beijing signed a memorandum of cooperation. TusPark specializes in commercializing science and technology research.

Tatarstan startup contest sees six winners; government grants issued

Six projects have won the “Startup-Sabantuy!” contest organized by Kazan’s IT-Park and the venture fund Runa Capital. Two thousand participants from 13 cities of the Volga Federal District presented 130 projects in an “elevator pitch” format. Thirty selected projects then took part in the next stage – a five-day Startup Camp that included business training …

Tatarstan startup contest sees six winners; government grants issued Read More

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