Digitalization at 1% Interest Rate: Securing State Loans for IT Projects and Robotization4 December 2018
In the fall of 2018, the Industrial Development Fund of the Russian Federation introduced a special support instrument for enterprises which intend to introduce new digital projects at their sites. Under the Industrial Digitalization program, companies can procure RUB 20-500 mln loans for the implementation of IT technologies or robotization projects. Market participants believe that the minimum threshold should be reduced.
What are the terms and conditions of IDF loans? Are Russia’s regional enterprises ready for digitalization? INNOPROM VIEW answers these questions.
City Future: Prospects for Russian Smart City Projects3 December 2018
By 2025, the global market of smart city technologies may exceed $2 trillion. As at 2017, the total amount was estimated to exceed $400bn with key developers of relevant IT solutions representing the U.S., European Union, and Japan.
Russian intends to launch its pilot smart city projects in 18 municipalities. The smart city segment is included in the federal Digitalization of the Economy program.
What obstacles stand in the way of smart city developers and their projects? Where will smart cities be created from scratch? INNOPROM VIEW answers these questions.
Factory Data: Big Data in Russian Industry19 November 2018
Over the course of 5 years, Big Data market in the Russian economy may increase to RUB 800bn. Domestic industrialists are gradually collecting information and developing digitalization strategies in order to use opportunities offered by Big Data in their production processes. Nevertheless, some corporations are still weary of digital technologies, while others are implementing them in infrastructure projects.
How much money can an enterprise save by using Big Data? What Russian industries are currently actively accumulating large sets of data? INNOPROM VIEW answers these questions.
GPS, Flax, National Stand: What Russian and Belarusian Industrialists Discussed at INNOPROM31 October 2018
The Republic of Belarus is Russia’s key trade partner, and Belarusian companies use the annual International Trade Fair INNOPROM, which is held in Ekaterinburg, as a site for negotiating with their Russian partners.
In 2018, Belarusian industrialists, state agencies, and universities presented their products and solutions manufactured under Made in Belarus brand, signed new contracts, and discussed promising projects. In 2017, bilateral trade turnover exceeded $30 bn.
What corporate partnership agreements were signed at INNOPROM-2018? How many companies with Russian participation are currently operating in Belarus? INNOPROM VIEW answers these questions.
Russia and Hungary cooperate in economic projects and at INNOPROM24 October 2018
Hungarian companies have demonstrated their capabilities in a new format during INNOPROM-2018: their technologies were presented at their National Stand exposition. Managers of foreign companies held a series of talks with Russian businessmen and officials and announced their plans to take part in INNOPROM 2019.
In general, over the past fifteen years have seen the rise of trade between Hungary and Russia. In 2017, the volume of import and export amounted to more than 5 billion dollars, and in the first half of 2018 — over 3 billion.
What are the areas of cooperation of the two countries? What high-tech goods does Hungary supply in the RF? Read about it at INNOPROM VIEW.
Digital Testing: Why Do Industrialists Choose Virtual Polygons11 October 2018
Testing with the use digital technology is gradually gaining popularity at Russian production companies. Industrialists save their resources and reduce the time required for the design and testing of products.
In corporations, they have estimated that virtual tests in some areas allow cutting by half the number of full-scale tests and giving up the manufacture of dozens of test models.
How are digital technologies changing the course of pilot projects? What Russian IT-systems of this type appeared on the market? Read about it at INNOPROM VIEW.
AI in the Arctic: which digital projects are launched at polar production sites1 October 2018
The Polar regions may become the key territories for implementation of projects with application of Artificial Intellect (AI) in Russia. The digital solutions will raise the work efficiency at gas and oil deposits as well as increase the safety.
The first pilot projects with smart technologies have made it possible to save millions to industrialists, and digitalization may help to organize electrical energy infrastructure and environmental monitoring.
How does AI help avoid accidents at flowlines? Will smart technologies be used at the first floating NPS? Read about it at INNOPROM VIEW.
Export for Africa: Why Russia Organizes ARABIA-2019 in Cairo26 September 2018
In 2019, Russia will appear on the global stage in a new capacity: for the first time, it will serve as organizer and partner of a foreign global exhibition. Formika Group, which organizes INNOPROM, intends to prepare and manage ARABIA industrial week in Cairo.
The Arab Republic of Egypt holds a lot of promise for Russian non-primary exports: over the past four years, the sales of Russian equipment and machinery in Egypt increased by almost 90% in spite of the fact that not too long ago the largest contracts were signed by manufacturers of oil products.
What themes will become the most pertinent at ARABIA? What countries will act as the main exhibitors and buyers? INNOPROM VIEW answers these questions.
Automation As a Matter of Survival21 September 2018Production automation provides industrialists with an opportunity to resolve a wide range of issues. Companies which are already successfully operating in the market have been using smart machines and 3D projects to launch new products and diversify their production, and enterprises that were going through some hard times used new technologies to avoid bankruptcy and restore their viability.
Quick Profit in Lieu of Strategy: Procurement Pitfalls18 September 2018Import substitution program which is currently being implemented in Russia seeks to bring together manufacturers of final products and national components suppliers. Even though local companies are gradually replacing their foreign competition, they still need to resolve a number of issues in order to secure contracts under localization projects.
Large companies believe that components suppliers are neglecting the opportunity for receiving consultations from the Ministry of Industry and Trade of Russia and Industrial Development Fund and have failed to develop a strategy for cooperation with their clients.
INNOPROM VIEW answers these questions.