After INDUSTRIA: Stories of First Industrial Oscar Finalists14 June 2018
INNOPROM-2018 will host the fifth anniversary conferral of the National Industrial Award INDUSTRIA. Since April, the Award Council, which includes representatives of the Russian Government, members of business associations and international experts, has been selecting innovative projects for the upcoming ceremony.
The Award was established by the Ministry of Industry and Trade of Russia in 2014 as a way to encourage the development of innovative ideas in the national economy and draw public attention to them.
First companies which were shortlisted for the Award continue to develop their technologies and promote them in foreign markets. As we approach the anniversary ceremony, INNOPROM VIEW decided to catch up with previous INDUSTRIA winners and finalists.
Technologies, Gongs, and Animated Films: South Korea's Cultural Program at INNOPROM-20188 June 2018
The Republic of Korea, INNOPROM-2018 Partner Country, will present its cultural program in Ekaterinburg.
Ekaterinburg locals and tourists will have an opportunity to attend musical and film festivals. Korean performers will present contemporary and classical national pieces, and movies will be shown in downtown Ekaterinburg and at INNOPROM.
Day 1 at INNOPROM will also feature the official opening of Korea's national exhibit, where over one hundred national companies will demonstrate their technologies.
What movies will be shown at the exhibition? What companies will be representing the Partner Country at INNOPROM-2018? INNOPROM VIEW answers these questions.
Smart Megawatts: Artificial Intelligence in the Russian Power Industry30 May 2018
Russia’s energy complex is launching artificial intelligence projects. The technology allows for downtime prevention, lowers servicing costs, and helps reduce damages caused by system failures.
Experts estimate that up to 80% of all company information is not structured, and smart solutions have proven themselves as an efficient instrument for data organization.
Several Russian companies, including startups and well-known concerns which specialize in this area, will present their solutions at INNOPROM-2018.
What resources can be saved with the implementation of artificial intelligence systems? How can neural network reduce power consumption? INNOPROM VIEW discusses these issues.
Energetic Digitalization: Russian Companies Implement Digital Projects in the Energy Sector11 May 2018
Russian corporate involvement in digital projects in the power industry
In the next four years, Russia intends to create a unified digital environment for key players in the power industry. The Government and state-owned Rosseti announced their global strategy for sectoral digitalization which would result in the creation of the Internet of Energy, allow for a 30% reduction in the dissipation of power, and promote import substitution.
Russian IT developers, manufacturers of automation systems, and top companies working with cybersecurity were the first to introduce those projects which the power industry is currently implementing in various regions. What companies pioneered digitalization? What have they achieved? INNOPROM VIEW discusses these issues.
Massive Forecasting: The Industrial Sector Implements Predictive Maintenance System28 April 2018
Russian industrial sector brings into play predictive maintenance pilot projects. The first models have already been put in operation at metallurgical plants as well as at power plants of generating companies – by the results of 2017, the market volume has been estimated US $ 100 mln. PdM will help the industrialists to cut the downtime and increase the efficiency of their facilities.
What companies are engaged in the development of predictive technologies? What are the barriers impeding the rapid market development? Read in the INNOPROM VIEW material.
Gold, Pharmaceuticals, and Engineering: Cooperation between Russian and Swiss Industrialists24 April 2018
Trade turnover between Switzerland and Russia is estimated to have exceeded $6bn in 2017. Russian manufacturers export precious metals and stones and minerals and import Swiss pharmaceuticals, grocery items, machines, and equipment.
The two countries plan to expand their partnership in mechanical engineering and machine-tool building and will discuss cooperation prospects at INNOPROM-2018. Swissmem association intends to demonstrate its members’ products and services at the national pavilion during the exhibition.
What is the dynamics of bilateral turnover? What Swiss companies have placed major investments in Russia? INNOPROM VIEW discusses these issues.
German Optimism: The Country Prepares for INNOPROM and a New Business Season13 April 2018
German companies first participated in INNOPROM International Trade Fair in 2010. Since then, business relations between the Russian Federation and Federal Republic of Germany (FRG) have reached a new level, in part due to discussions and meetings held at INNOPROM.
Currently, Germany occupies the second place (behind China) in its trade turnover with Russia. Based on 2017 results, it increased by more than 20% to $50bn. Germany primarily exports machinery, cars, and products of the chemical industry, whereas Russia predominantly supplies raw materials.
In 2018, German companies intend to boost their business activity and investment into the Russian economy. What barriers prevent European companies from performing better in Russia? What German concerns will attend INNOPROM-2018? INNOPROM VIEW discusses these issues.
Machinery and Digital Manufacturing: Russian Business Adapts to Smart Technologies9 April 2018
Russian industrial enterprises are gradually testing smart production technologies and lines. Shipbuilding, aircraft and motor engineering companies are launching new digital projects.
The federal authorities have approved the construction of 40 Factories of the Future. Initial investment will constitute RUB 15.6bn and let Russia claim a 1.5% share in the global smart factory market.
What smart companies are emerging in Russia? How can we accelerate industrial digitalization? INNOPROM VIEW discusses these issues.
The rising sun economy: INNOPROM-2017 had resulted into turnover enhancement between Japan and Russia30 March 2018
In 2017, Japan participated as Partner-country within INNOPROM. More than 170 national companies visited the Exhibition, contracts valued at over $1 million have been signed with Russian organizations.
This year new comprehensive measures are being planned in order to strengthen collaboration. Besides, Japan has already confirmed its participation in INNOPROM-2018 and organizes the national pavilion which is to represent production of Asian companies.
Which areas of business in Russia are the priority ones for the Japanese economy? What is the strategy of partner relationships development between two countries? Find details in the new INNOPROM VIEW material.
Industry Chooses Internet: IIoT Development Worldwide and in Russia22 March 2018
In 2016, the market of software and components for Industrial Internet of Things (IIoT) amounted to $115bn, and in 2023 the segment might grow to $200bn. Software developers – both large industrial corporations and independent manufacturers – are gradually implementing their IIoT platforms.
In just two years, IIoT trade turnover in Russia may reach $9bn. Local telecommunications companies are opening special labs and developing relevant legislation.
What platforms are currently competing in the IIoT market? Is the Russian industry prepared for a new digital revolution? INNOPROM VIEW answers these questions.