Business In Hi-Tech

All surveillance cameras in Moscow will distinguish by faces

On October 22, 2019 it became known that all video surveillances cameras in Moscow will include face recognition function. It was said by Vladimir Kolokoltsev, the head of the Ministry of Internal Affairs of the Russian Federation.

Topics: National infrastructure and major projects

Sales of Cisco products grow in Russia despite import substitution policy

Product revenue of Cisco in Russia in 2019 financial year (came to the end for the company on July 31) grew by 6% in dollars. It is said in the annual report of Cisco published in October, 2019.

In general over BRICM countries (Brazil, Russia, India, China, Mexico) Cisco turnover from sales of products was reduced by 1% with especially strong falling in China – minus 16%. However Russia and also India and Mexico where growth was observed, allowed to level negative effect, said in the annual report of the company.

Topics: National infrastructure and major projects

Venezuela intends to pay Russia in cryptocurrency for construction of housing

At the beginning of November, 2019 it became known of plans of Venezuela to pay Russia in cryptocurrency for construction of housing. Experts consider that such transactions are still impossible.

As the Venezuelan Minister of Construction Ildemaro Vilyaroel told RIA Novosti, the government of the country is going to resume cooperation with Russia in the field of construction of social housing and intends to involve in financing cryptocurrency El Petro.

Topics: National infrastructure and major projects

VMware announced "aggressive" growth of business in Russia

Business of VMware in Russia in 2018 grew much more in high gear in dollars, than on average in the world, the head of the company in Russia and the CIS Alexander Vasilenko told TAdviser. He preferred not to disclose dynamics in absolute measures, but characterized growth as "very aggressive".

Topics: National infrastructure and major projects

Huawei invests $10 million in development of an ecosystem of mobile applications in Russia

At the beginning of November, 2019 Huawei announced investment of $10 million into development of mobile applications in Russia. Means will go for encouragement of the Russian developers and owners of software which will become a part of an ecosystem of Huawei Mobile Services (HMS). The details of future investments into the companies are not disclosed.

Topics: National infrastructure and major projects

Huawei will deliver its "most high-performance processors" to fulfill the "Yarovaya law"

Huawei will supply its most high-performance processors of the Kunpeng series for the implementation of the "Yarovaya law" and for other projects of the national program "Digital economy". The Chinese company intends to establish joint production of the equipment necessary for realization of the law with the Russian company "Norsi-Trans". The equipment will be created on the basis of Kunpeng processors and using Russian components. The signing ceremony of the partnership agreement between the companies will be held on October 31.

Topics: National infrastructure and major projects

Schneider Electric built a data centre for Narxoz University

Schneider Electric announced the finishing of the project on data center building for the biggest Narxoz University of Kazakhstan Republic, preparing specialists in the sphere of economic, law and business education.

Topics: National infrastructure and major projects

Alibaba Group, MegaFon, Mail.ru Group and RDIF complete formation of the joint venture

Alibaba Group, MegaFon, Mail.ru Group and the Russian Direct Investment Fund (RDIF) have completed an investment to establish a joint venture to integrate key Russian consumer Internet and e-commerce platforms and launch a leading joint venture on social commerce in Russia and CIS.

Topics: National infrastructure and major projects

Chinese company Shenzhen Sunwin won the tender to implement the 2nd stage of the Safe city project in Kyrgyzstan

The state committee of information technologies and communications and the tender commission announced the results of the competition.

Topics: National infrastructure and major projects

Panasonic expands its business in Russia, opening a new direction of Life Solutions

The direction of the electrotechnical equipment (brands VIKO and Panasonic) begins its work in the Russian division of the Japanese Corporation Panasonic in September 2019. New structure will take over the development of relevant product categories (wiring accessories, switching equipment, surge protectors, switchboards etc.) and direct distribution in Russia.

Topics: National infrastructure and major projects