EPAM Systems Presents the Potential of the Russian Software Industry at the US-Russia Technology Symposium at Stanford
Feb 12, 2004
Moscow, February 11, 2004. - On January 29-30, 2004 the Stanford Institute for International Studies and Graduate School of Business, Palo-Alto (USA, California) hosted the U.S.-Russia Technology Symposium. The symposium focused on investments opportunities in the Russian IT industry and the dramatic changes in the investment climate for the science and high tech fields in the Russian Federation.
During his speech Arkadiy Dobkin, CEO of EPAM Systems - a company which has successfully implemented complex projects for leading companies in the USA and Europe for 10 years, - pointed out the following: "Russia has a good chance to strengthen its position as a major player in the world IT market. Even the most exigent customers recognize the expertise, creativity and high performance of our specialists. The example of such companies as EPAM Systems has made them believe in the efficient management of large projects and reliability of our high-tech solutions providers..."
The initiative of the Government of the Russian Federation laid the foundations for drastic changes in the Russian investment environment. At the opening session of the symposium First Deputy Minister of Industry, Science, and Technology of the Russian Federation Andrey Fursenko underscored that in the nearest future the Government of the Russian Federation would issue a decree regulating transfer of patent rights and other objects of intellectual property from state scientific organizations to the real authors. This will allow the authors get benefits from their activity and will foster the development of intellectual potential in Russia. Fursenko emphasized that Russia is particularly strong in the fields of information technology, biotechnology and alternative energy.
Symposium participants included William Perry (former Secretary of Defense, Professor at Stanford University), George Atkinson (Special Science and Technology Adviser to the Secretary of State), Victor Lizun (Consul General of the Russian Federation in San Francisco), Andrew Somers (American Chamber of Commerce in Moscow, President), Sharon Nunes (IBM, Vice President of Emerging Businesses), Sean Maloney (Intel, Executive Vice President and Managing Director), John Harper (Cisco, IOS Technologies Division, Vice President), Esther Dyson (EDventure Holdings, Chairman), Olga Dergunova (Microsoft Russia & CIS, President), Anatoly Karachinsky (IBS, President), Stepan Pachikov (founder of Paragraph), representatives from other Russian IT companies, the Academy of Sciences of the Russian Federation, as well as executives of the leading international banks, investment and consulting companies.
The conference has already roused the US Media to response. For example, The Globe and Mail wrote: Russia, just as India and China did before, revises the national policy in order to extend its presence in the global information technology industry.
About EPAM Systems
Established in 1993, EPAM Systems is headquartered in Lawrenceville, New Jersey with technology development centers in Moscow, Russia and Minsk, Belarus. EPAM is a leading provider of software development outsourcing services, e-business, enterprise relationship management, and content management solutions. EPAM solves complex business and technology problems using an on-site/onshore/offshore delivery model. EPAM software engineering process is certified to SEI-CMMI maturity level 4, while its quality management system is certified to ISO 9001:2000.
EPAM's customer base includes CareFirst BlueCross BlueShield, Reuters, SBLI USA Mutual Life Insurance Company, Colgate-Palmolive, Halliburton, Verizon Communications, Samsung America, West Group, Bally of Switzerland, among others. In the technology world, EPAM provides services to firms such as SAP, Hyperion Solutions, ServiceWare, Logic Library and others. http://www.epam.com
About the U.S.-Russia Technology Symposium
The U.S.-Russia Technology Symposium is the first investor conference focused primarily on Russias technology sector. Unlike other U.S. - Russia conferences, such as the Harvard Symposium, the participants of the Stanford symposium concentrated on the business effect of high tech implementations and on intellectual property investment opportunities. http://usrts.stanford.edu
During his speech Arkadiy Dobkin, CEO of EPAM Systems - a company which has successfully implemented complex projects for leading companies in the USA and Europe for 10 years, - pointed out the following: "Russia has a good chance to strengthen its position as a major player in the world IT market. Even the most exigent customers recognize the expertise, creativity and high performance of our specialists. The example of such companies as EPAM Systems has made them believe in the efficient management of large projects and reliability of our high-tech solutions providers..."
The initiative of the Government of the Russian Federation laid the foundations for drastic changes in the Russian investment environment. At the opening session of the symposium First Deputy Minister of Industry, Science, and Technology of the Russian Federation Andrey Fursenko underscored that in the nearest future the Government of the Russian Federation would issue a decree regulating transfer of patent rights and other objects of intellectual property from state scientific organizations to the real authors. This will allow the authors get benefits from their activity and will foster the development of intellectual potential in Russia. Fursenko emphasized that Russia is particularly strong in the fields of information technology, biotechnology and alternative energy.
Symposium participants included William Perry (former Secretary of Defense, Professor at Stanford University), George Atkinson (Special Science and Technology Adviser to the Secretary of State), Victor Lizun (Consul General of the Russian Federation in San Francisco), Andrew Somers (American Chamber of Commerce in Moscow, President), Sharon Nunes (IBM, Vice President of Emerging Businesses), Sean Maloney (Intel, Executive Vice President and Managing Director), John Harper (Cisco, IOS Technologies Division, Vice President), Esther Dyson (EDventure Holdings, Chairman), Olga Dergunova (Microsoft Russia & CIS, President), Anatoly Karachinsky (IBS, President), Stepan Pachikov (founder of Paragraph), representatives from other Russian IT companies, the Academy of Sciences of the Russian Federation, as well as executives of the leading international banks, investment and consulting companies.
The conference has already roused the US Media to response. For example, The Globe and Mail wrote: Russia, just as India and China did before, revises the national policy in order to extend its presence in the global information technology industry.
About EPAM Systems
Established in 1993, EPAM Systems is headquartered in Lawrenceville, New Jersey with technology development centers in Moscow, Russia and Minsk, Belarus. EPAM is a leading provider of software development outsourcing services, e-business, enterprise relationship management, and content management solutions. EPAM solves complex business and technology problems using an on-site/onshore/offshore delivery model. EPAM software engineering process is certified to SEI-CMMI maturity level 4, while its quality management system is certified to ISO 9001:2000.
EPAM's customer base includes CareFirst BlueCross BlueShield, Reuters, SBLI USA Mutual Life Insurance Company, Colgate-Palmolive, Halliburton, Verizon Communications, Samsung America, West Group, Bally of Switzerland, among others. In the technology world, EPAM provides services to firms such as SAP, Hyperion Solutions, ServiceWare, Logic Library and others. http://www.epam.com
About the U.S.-Russia Technology Symposium
The U.S.-Russia Technology Symposium is the first investor conference focused primarily on Russias technology sector. Unlike other U.S. - Russia conferences, such as the Harvard Symposium, the participants of the Stanford symposium concentrated on the business effect of high tech implementations and on intellectual property investment opportunities. http://usrts.stanford.edu