Russia moves up Networked Readiness Index – but still lags behind Kazakhstan

Networked Readiness Index: Russia has has risen nine places to 41st  in the World Economic Forum’s  2015…

IBM opens Baku office in boost to Azerbaijan’s ICT sector

IBM opens Baku office: Azerbaijan’s Deputy Minister of Communications and High Technologies Elmir Velizade yesterday welcomed…

S&T to invest millions in Russian companies in show of confidence

The  board of Austrian IT provider S&T has approved an investment plan which will see millions of…

Luxoft capitalises on rouble’s weakness as profits rise 57%

Q3 profits at Luxoft, the Russian international custom software development and IT outsourcing company, grew by 56.8% compared…

KamAz to develop driverless heavy truck by 2020

KamAz to develop driverless heavy truck: The Russian heavy truck maker KamAZ plans to have launched a driverless heavy…

Apple rescinds contracts with Crimean software developers

Apple has unilaterally terminated cooperation contracts with Crimean-based software developers, according to one of them. Maxim Serdyuk is claiming…

Acer poised to open production line in Azerbaijan

Acer, the Taiwanese multinational hardware and electronics corporation, is in negotiations with Azerbaijan’s Kur electronic equipment manufacturer about…

Asteroid detection software under development at Russian ministry

Asteroid detection software: EMERCOM, the Russian federal ministry dedicated to the prevention of natural and man-caused emergencies is working with…

Leta Capital invests in remote control technology for the auto industry

Leta Capital, the VC arm of Russian IT security solution provider Leta Group, has invested $1.5 million…

Belarus tops ICT development rankings among post Soviet states

Belarus tops ICT development rankings: The ITU’s annual ICT Development Index has ranked Belarus the 38th…

UAE and Azerbaijan in bilateral talks over satellites and high tech

The UAE and Azerbaijan have agreed to work together to develop their satellite communications and high-tech…

Facebook eyes up Russian social media start-up for film buffs

Facebook is reported to be showing a keen interest in CinemaWell.com, a new Russian online social network…

Russian software sector to target BRICS countries as export markets

Russian software sector: Russia’s Communications  Minister Nikolai Nikiforov has spelt out his government’s intention to turn Russia…

Azerbaijan ICT Fund hooks up with Hungarian start-up specialists

Azerbaijan ICT Fund: The Hungarian investment and business services company DBH Group has signed MoUs with…

Azeri high-tech sector to develop cutting-edge chip production

Azeri high-tech sector: Azerbaijan’s government has announced that it is to allocate $7m to its ICT sector…

Viktor Vekselberg invests in nCrypted Cloud through Maxfield Capital

Viktor Vekselberg, sometimes dubbed Russia’s richest man, has invested £5m in the US-based nCrypted online data protection…

Kazan IT Park to be incorporated on the way to privatisation

The Kazan IT Park,    is to be turned into a public company, Tatarstan’s Minister of Technology…

HP signs info security MoU with High Tech Park Azerbaijan

HP, one of the world’s largest IT companies,  has signed a Memorandum of Understanding with High Tech…

Russian VC Life.Sreda sets up financial IT fund

Russian VC Life.Sreda has set up a new $100m fund dedicated to investments in foreign start-ups  looking…

Iran-Azerbaijan ICT talks begin in Baku

Iran-Azerbaijan ICT talks: A delegation of representatives from Iran’s ICT sector was due in Bakuy today to…

Cisco Russian sales down 24% in 2013/14

Cisco Russian sales of hardware and software fell by 24% in the fiscal year just ended.…

Software sales tax proposed to fund domestic production

Software sales tax: Russia’s Ministry of Communications is planning to introduce a 10% sales tax on major…

Webinar.ru online conferencing service raises $7.3m

The Webinar.ru online conferencing service has raised $ 7.3m from four investors – Intel Capital, EBRD, Flint Capital and…

China and Russia strengthen IT trade links

China and Russia strengthen IT trade links: As Russia’s relations with the West continue to deteriorate, the…