Digital data

Maxfield Capital invests in “magic” Californian farming data platform

November 12, 2020

Maxfield Capital, a venture fund operating globally from its offices in Moscow, New York City and Tel Aviv, has invested “up to $500,000” in OnFarm. This Fresno, California-based startup defines itself as an “Internet-of-Things platform that enables a comprehensive array of leading farm hardware technologies into a single grower-friendly management and decision platform.” Thus the startup …

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Global players challenged by new Russian law on personal data storage

February 15, 2017

Just two months before the new Russian law on personal data storage will come into effect, many international players are implementing the necessary steps to comply with it. Thus last month Booking.com announced that all data from its Russian users will soon be transfered to a local data center. Preceding Booking.com were such companies as eBay, Google, PayPal, …

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Booking.com confirms commitment to “important Russian market,” gets prepared to comply with personal data storage law

February 15, 2017

Earlier this month, Booking.com announced that it will comply with Russia’s new law on personal data storage. The global online travel operator will soon transfer all data from the country’s users to a local data center, Russian business daily Kommersant reported. The announcement came after a meeting between Steffen Mueller, Booking.com’s senior manager of infrastructure and …

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On the steps of Amazon: Russian data center Selectel launches “Virtual Private Cloud” storage service

February 28, 2017

Selectel, a major commercial data center operator in Russia, has just launched the “Virtual Private Cloud” (VPC) — an offer that it says is new in Russia but inspired by the models of Amazon Web Services, Microsoft Azure and Rackspace. “The VPC isn’t private in the traditional sense that it belongs to one client, but it’s …

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Loyalty program, mobile payments, personal data storage: AliExpress to conquer Russian e-commerce on all fronts

February 15, 2017

Over the past few weeks, AliExpress has multiplied initiatives to strengthen its leadership on the Russian e-commerce scene. The Chinese giant has teamed up with Russian online bank Tinkoff Bank to launch a co-branded loyalty program. Associated with MasterCard credit and debit cards, this program is the first of its kind in the world, said …

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Google moves some servers to Russian data centers

February 28, 2017

Russia’s state-controlled telecommunications company Rostelecom informed the government that Google Inc. has moved some servers to Russia to comply with a controversial law requiring Internet companies to store Russians’ personal data within the country’s borders, a person familiar with the matter said Friday. Following a meeting in late March with the communications ministry, a Rostelecom representative who attended the meeting said that …

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eBay and PayPal to comply with Russian personal data storage law earlier than Sept. 1 deadline

February 15, 2017

eBay has become the first US company to say it will comply with the new Russian legislation requiring businesses to store Russian users’ personal data in Russia, business daily Kommersant reported earlier this week. Vladimir Dolgov, eBay’s general manager in Russia, met with a deputy head of telecom regulator Roskomnadzor last week to clarify “a series of questions” related to the law.

Tomasz Czechowicz of Polish fund MCI: “We believe it’s a time to buy and build in Russia”

February 25, 2016

While several international investors have suspended or reduced activities in Russia, MCI, a major Polish fund, is continuing to invest in the country, among others. Its current Russia portfolio includes KupiVIP, Travelata and Oktogo. In this exchange with East-West Digital News, the fund’s managing partner Tomasz (Janusz) Czechowicz shares his vision of the Russian digital market, and …

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Personal data storage and management in Russia: Report by EWDN and EY sheds full light on legal and organizational challenges

February 15, 2017

From September 1, 2015, companies operating in Russia will be required to store their users’ or clients’ personal data on servers located physically on Russian territory. A white paper released by East-West Digital News, in partnership with EY and leading market players, sheds full light on the legal and organizational aspects of the matter.

Telecom regulator Roskomnadzor cuts off staff, decreases salaries while fields of responsibility expand

February 25, 2016

Last week, the Russian Federal Service for Supervision in the Sphere of Telecom, Information Technologies and Mass Communications (Roskomnadzor) announced that the salaries of its staff are being reduced this year “from 23% to 54%, depending on the region,” news agency TASS reported.  For example, “a Roskomnadzor employee who received last year 50,000 or 55,000 …

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Russian data center market grew 20% in 2014

February 28, 2017

In 2014, according to a new report by international market research company PMR, the Russian market of commercial data center services reached 11.7 billion rubles (approximately $303 million at the average 2014 exchange rate), up 20.4% from the previous year. Development forecasts for the next few years remain positive. Organic growth is driven by the rapid development of …

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Rostelecom to acquire major data center and Internet infrastructure company

March 1, 2016

Rostelecom, Russia’s national telecom operator, announced yesterday the acquisition of a majority stake in SafeData (LLC Data Storage Centre), a leading operator of commercial data centers, traffic exchange services and content delivery. In a first stage, Rostelecom will acquire a 5.4% stake in LLC Data Storage Centre for 104.2 million rubles (approximately $1.6 million at …

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