The Moscow city government has signaled its preliminary approval for a five year city informatization program on Tuesday. The draft proposal of the program concludes that the whole initiative would cost 329.5 billion rubles, about $11 billion –a quarter of the city’s annual budget – and would be rolled out from 2012-2016. Following a series of public …
$11 billion to be poured in Moscow e-city development program Read More
EPAM Systems, an offshore software developer with major R&D centers in Russia, Belarus and Ukraine, has informed the US Securities and Exchange Commission that it plans to launch an IPO, reported Russian daily Vedomosti on Thursday.
Luxoft announced that it has agreed with Harman International to design and develop sophisticated infotainment systems for the automotive industry. Part of the Moscow-based IBS Group and traded on the Frankfurt Stock Exchange, Luxoft is a prominent offshore software developer with headquarters in Moscow.
“Where are the Russian technology success stories?” As a foreigner, this question often sounds like an odd question. There are many Russian success stories in the IT sector, ranging from world-class software outsourcing companies like EPAM and Luxoft, to Russian software product companies that have international success, like Kaspersky Labs, Abbyy and Parallels. However, simply …
Where are the Russian technology success stories? Try looking in Perm Read More
Rostelecom, Russia’s national telecommunications operator, intends to invest more than ten billion rubles (approximately $357 million) into the development of a national cloud computing platform through 2015. Rostelecom was appointed by the Russian government to develop the platform in March.
VimpelCom, a major Russian mobile operator, is talking with outsourcing companies about developing an IP telephony product functionally similar to Skype. The news, provided by unnamed sources, was reported last week by CNews.ru, a Russian site covering IT and telecom issues.
Moscow city authorities have budgeted up to 6.26 billion rubles (approx. $222 million) this year for the creation of an intelligent transportation system that improves traffic management.
Armada, a Russian group offering software development and other IT services, announced last Friday that it sold 2.4 million additional shares for $13 each on Russia’s MICEX and RTS stock exchanges.
While Russia has set for itself the strategic goal of modernization through technological development, to date the country remains largely terra incognita to many international players in the IT sector because of the general lack of market data and business information in English.
Rostelecom, the national telecommunications operator, was appointed last Monday by the Russian government to implement important parts of the federal program Information Society 2011–2020, including the “creation of a national platform for distributed data treatment in which computing resources are provided to users as Internet services” – or cloud computing in simpler terms.
New York and St. Petersburg — First Line Software, a premiere provider of custom software development services to industry leaders and growth companies around the world, announced today its impressive growth figures for 2010.
SAP recognized SAP Russia as its most successful subsidiary in 2010, with the 5th highest contribution to the overall corporate revenue of all its divisions, reports Vedomosti, a Russian business daily.
