The Center for Strategic Research (CSR) points out that the transformation of the energy sector will empower entrepreneurial initiatives and attract private investment. Moreover, Russian digital projects hold export potential because they can assist in shaping the scientific, technological and industrial foundation for further expansion into foreign markets of equipment, systems, and services.
Experts estimate that the income of Russian companies may reach $40bn in 2035. Russia's current share in the global power engineering and systems equipment market is less than 1%, but the transformation of the global market is creating a window of opportunity for Russian innovators. "Russia has several companies ( Tavrida Electric, IED-Holding, RTSOft, Qiwi, TibboSystems, Kaspersky Lab, Yandex, etc.) which possess competitive competences and experience in the global markets. They have the necessary potential for leading the implementation of the proposed strategic maneuver," CSR emphasizes.
Digitalization of the power industry requires the development and wide application of cross-industry technologies, including industrial internet, robotics components, wireless connectivity, etc. INNOPROM-2018 visitors can explore cutting edge technologies at the specialized exhibition on Industrial Automation and IoT. We invite innovative companies to participate in the exhibition.