IT services

Luxoft acquires Ukrainian software development company IntroPro

February 6, 2017

Last week Luxoft, a NYSE-listed provider of software development services and innovative solutions and a part of Russia’s IBS Group, announced the acquisition of Ukrainian IT service provider IntroPro. The details of the transaction have not been disclosed. Established in 2008, IntroPro is an engineering consultancy that employs development teams in Ukraine to serve essentially clients in North America. Its expertise covers consulting, architectural design, development as well as …

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Major Russian IT firms prepare to go public

December 29, 2016

Industry association Russoft and the Moscow Exchange have created a joint working group to help Russian software companies get ready for IPOs, Rambler News Service (RNS) reported last week based on exchanges with industry representatives. Nearly 10 Russian software developers are preparing to go public. Among them are I.T. Group, which intends to sell its software assets on the stock exchange …

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For tech hub in Russia’s rustbelt, recession’s a godsend

December 13, 2016

Voronezh — Russia’s economy is in a quagmire thanks to sanctions and low oil prices, but it’s a boom time for Mikhail Khorpyakov. The 32-year-old, who develops software for Russian and foreign clients, has seen his earnings rise over the last two years even as the country fell into recession and the national currency lost half …

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LinkedIn blocked in Russia: A welcome warning for global players?

November 29, 2016

Earlier this month the Russian telecom regulator Roskomnadzor blocked access to LinkedIn for non-compliance with recent legislation on personal data storage. EWDN chief editor Adrien Henni analyzes the significance of this move far beyond Russia’s borders.   Adopted in 2014 and applicable since September 2015, the law requires companies operating in Russia to store Russian …

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China and Russia have the best developers in the world, leaving USA and India far behind, says new ranking

September 9, 2016

Which countries have the best programmers in the world? HackerRank, a platform that ranks engineers based on their coding skills and helps companies discover talent faster, has tried to answer this question based on coding challenges. Attracting hundreds of thousands of developers from all over the world, these challenges involved a variety of languages and knowledge domains, …

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Rostec suggests to use pension fund to finance implementation of ‘Big Brother law’

September 6, 2016

Last week, the Industry and Trade Ministry suggested to entrust the National Informatics Center (NIC), a subsidiary of the state-owned corporation Rostec, with implementing the requirements of the new “anti-terrorist” legislation related to the storage of phone and Internet communications. Dubbed “Big Brother law,” this legislation was adopted by the Russian parliament and signed by …

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Russia’s Softline secures $40 million from Da Vinci Capital, intends to acquire “over 20 companies” in emerging markets

August 9, 2016

Two funds managed by Da Vinci Capital Management — Da Vinci Private Equity Fund II L.P. and Da Vinci Pre-IPO —  have invested in Softline, a Moscow-based international software licensor and IT service provider. The news was reported last week by Russian business daily Kommersant based on exchanges with Softline top executives. The details of the transaction has not been …

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Selectel makes GPU server leasing available in Russia

July 22, 2016

Earlier this week Selectel, a major Russian hosting and cloud service provider, announced the launch of a GPU hosting offer in the country. GPU (graphics processing unit) servers are intended for executing high-performance and memory-intensive tasks. Their processors significantly reduce the execution time for computations, which is critical for neural network algorithms, modelling and analyzing physical processes, drafting, real-time …

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Rostec to export Russian tech products worldwide with state support

July 3, 2016

RT-Business Development, a subsidiary of the government-backed tech corporation Rostec, is launching a new company dedicated to the advancement of Russian digital products on the international market. Aiming to virtually cover the whole world except Western countries, Rosinformexport will operate in a variety of markets – from Eastern Europe, to the Middle-East, South and South-East …

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Russian authorities block, then unblock, Amazon’s cloud service

June 26, 2016

Earlier this week Roskomnadzor, the Russian telecom and Internet regulator, added Amazon’s cloud storage domain (s3.amazonaws.com) to the register of prohibited sites, before cancelling this access restriction. The web address was included into the register on June 21, although the Tax Service had already ordered to do so in May. According to Russian tech blog Habrahabr, the …

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Panasonic bets on Russian software to run data for 100 years

June 13, 2016

Panasonic and Raidix, a St. Petersburg based IT developer, have partnered to create a unique data management and storage system to be run by Russian software. An MoU was inked earlier this month, announced Russia’s Skolkovo Foundation, also a participant in the deal. The partners are said to be planning to develop a brand new product enabling …

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Russian scientists work on quartz-based data storage that can hold data forever

May 26, 2016

Glass through which we see the world may soon be used as a data storage system that can outlive mankind. A new five dimensional (5D) digital data storage technology uses nano-structured quartz glass to store information. Scientists at the Mendeleev University of Chemical Technology say they can make these new storage devices the size and …

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