The Russian Venture Company (RVC) and Intel Corporation entered into an agreement on strategic cooperation. Activities of the parties will be aimed at supporting and developing the Russian community of innovators and technical enthusiasts within the concept of the National Technology Initiative. As part of the preparation for the development of the 2016 roadmap the companies will offer its comprehensive study called “Do-It-Yourself in Russia: A Hobby or Industry?”; the two companies will submit the results of this research in December.
According to experts (Source: Maverick Research: Makers and Startups Are the Ones Shaping the Internet of Things; Gartner, September 2014) by 2017 50% of decisions made in the area of the Internet of Things will be specialty products and services developed by startups ‘younger’ than three years old, while (Source: Worldwide Internet of Things Forecast, 2015–2020; IDC, May 2015) the market size of the Internet of Things will reach USD 1.7 trillion by 2020. The community of technical Do-It-Yourself (DIY) enthusiasts which is distributed across the globe – ‘makers,’ inventors, engineers, programmers, and young startup teams – is evolving as a source of ideas and opportunities thereby creating the new wave of industrialization.
The Russian ecosystem of digital DIY at its current stage of development requires support and attention on the part of industry and public authorities. The key aspects of interaction which both Intel and RVC will focus will include increasing project-based,- technology,- and business expertise of the community, preparation and engagement of skilled specialists and mentors, provision of access to advanced equipment, as well as popularization and information support for DIY movement in the Russian Federation. A more far-reaching objective is the development of a strategic approach to supporting technical creativity at the federal and regional levels – will be resolved under the auspices of the National Technology Initiative (NTI) by specialized work groups who will be represented by Intel employees, too.
The Russian DIY ecosystem is interested in the analysis of its current status, as well as in finding ways to self-organize and further develop itself. This is validated by the establishment of the Russian Association of Open Digital Laboratories in June 2015. A joint study by RVC and Intel called “Do-It-Yourself in Russia: A Hoppy or Industry?” will lay the foundation for the development of the 2016 interaction roadmap. Until the end of 2015, the companies plan to work toward popularization of DIY topic in Russia. The results of this research will be presented in December at a special event for the ecosystem stakeholders.
“The digital Do-It-Yourself movement is transforming itself into an independent market while becoming a source of new technologies and an important factor of forming global high-tech markets of the future global economy – said Christian Morales, Vice President and General Director for Intel Europe, Middle east and Africa, – Intel is confident about the potential of Russian developers and innovators and is happy to join forces with RVC in our efforts to support the development of this ecosystem under the auspices of our program “Developing Everyone’s Talents.”
“We have been cooperating with Intel for a long time now in the area of researching makers communities in Russia. This topic is especially important given the development of new markets for the National Technology Initiative which is underway in our country. At any point of time the emergence of new, breakthrough markets is accompanied by explosive growth of amateur activities by innovators, – says Igor Agamirzian, General Director of RVC, – Teenagers, senior schoolchildren who get involved in such technological creative work will become a valuable human resource for new Russian technology companies that will be competing on the global level. Our cooperation with Intel is very important: It helps build the groundwork and impetus for a stream of new projects to appear several years from now. These projects will be on the border of digital and physical worlds; and they will be worth investing in.”
About the National Technology Initiative
The National Technology Initiative is a set of measures aimed to shape brand new markets and create the conditions for Russia’s global technological leadership by 2035. NTI involves systemic solutions aimed to determine key technologies, necessary changes in the area of standards and regulations, operable tools for financial and human resource development, and a mechanism for engagement and stimulation of those having the necessary competencies. The choice of relevant technologies is performed using the main trends in international development based on the priority of network technologies concentrated around a human being as an end consumer.
About the Russian Venture Company
OJSC RVC is a government fund of funds and a development institute of the Russian Federation, one of Russia's key tools for building its own national innovation system. The authorized capital of OJSC RVC exceeds RUB 30 billion. 100% of the authorized capital of RVC is owned by the Russian Federation duly represented by its Federal Agency for Managing the State Property of the Russian Federation (Rosimushchestvo). The total number of funds formed by OJSC RVC is 21, and their total size is RUB 29.1 billion. The share of OJSC RVC amounts to RUB 18.5 billion. The number of companies that enjoyed funding by RVC has reached 176. The total amount of investment to date is RUB 17 billion. Since 2015, OJSC RVC has been defined as a project office for the implementation of the National Technology Initiative (NTI) – a long-term strategy of the country's technological development aimed at the formation of new global markets by 2035.
About Intel Corporation
Intel Corporation is the leader in computer-based innovations. The corporation develops and creates the technologies which underpin the modern computing industry. Being the leader in corporate and social accountability, Intel Corporation also makes the first and only ‘conflict-free’ microprocessors. For more information about Intel Corporation please visit its official website: www.intel.ru/pressroom, and its Russian language server http://www.intel.ru and the portal conflictfree.intel.com which deals with Intel-led initiatives for waiving conflicting materials.
Intel, Intel Atom, Intel Core, Intel Quark, Intel Xeon, and Intel logo are registered trademarks of Intel Corporation in the USA and other countries. Other trademarks are property of their legitimate owners.