Over the past five years, Russian software exports have more than doubled, reaching about $7 billion. At the same time, demand for IT companies’ products on the domestic market has been falling. Analysts attribute it to a transformation of the Russian market, with demand shifting from hardware to services.
The boom is over
“Here we must run as fast as we can, just to stay in place. And if you wish to go anywhere, you must run twice as fast as that.” This quote from Lewis Carroll’s “Alice in Wonderland” has become a motto for many Russian IT companies these days.
Software developer Infomaximum is going global with its employee-monitoring program CrocoTime. Already quite popular in Russia, CrocoTime is designed for big companies and is capable of monitoring up to 10,000 users simultaneously.
Young scientists at Lomonosov Moscow State University (MSU)’s department of physics and the Skobeltsyn Institute of Nuclear Physics, also part of MSU, have developed electronic components that operate on superconductivity.
Fastvideo released Fastvideo SDK library for processing video from digital cameras. The library is based on Nvidia CUDA architecture and uses the resources of graphics accelerators computing systems, says the official report.
Michael Kechinov is the founder of Rees46, an Internet service for e-commerce and
co-founder of Coffeelab, an early-stage internet-startup accelerator. An expert in recommending systems and personalization services, Kechinov posses a wealth of experience and often acts as a CTO for the various companies he is involved in. His development studio has played a remarkable role in the development of the Russian startup-community as the organizer of HackDay, a marathon 48-hour event where participants workshop prototypes of projects before presenting them to colleagues, experts and investors.
Shell, a global group of energy and petrochemical companies present in more than 70 countries, announced in mid-May that its Russian division has inked an agreement with Russian company Antel-Oil on joint research into ways of developing software to process 3D seismic prospecting data.
ITFY, a Russian public-private IT services provider, has announced the opening of its development center for microelectronics hardware and software development based on the IBM platform, the company said in a statement.