A socially oriented non-financial development institution and a major organizer of international conventions, congress, exhibitions, business, social and sporting, public, and cultural events.

The Roscongress Foundation is a socially oriented non-financial development institution and a major organizer of international conventions; exhibitions; and business, public, sporting, and cultural events. It was established in pursuance of a decision by the President of the Russian Federation.

The Foundation was established in 2007 with the aim of facilitating the development of Russia’s economic potential, promoting its national interests, and strengthening the country’s image. One of the roles of the Foundation is to comprehensively evaluate, analyse, and cover issues on the Russian and global economic agendas. It also offers administrative services, provides promotional support for business projects and attracting investment, and helps foster social entrepreneurship and charitable initiatives.

Each year, the Foundation’s events draw participants from 208 countries and territories, with more than 15,000 media representatives working on-site at Roscongress’ various venues. The Foundation benefits from analytical and professional expertise provided by 5000 people working in Russia and abroad. In addition, it works in close cooperation with 160 economic partners; industrialists’ and entrepreneurs’ unions; and financial, trade, and business associations from 75 countries worldwide.

The Roscongress Foundation has Telegram channels in Russian (t.me/Roscongress), English (t.me/RoscongressDirect), and Spanish (t.me/RoscongressEsp). Official website and Information and Analytical System of the Roscongress Foundation: roscongress.org.

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Russia – Germany: ‘smart’ factories – increasing productivity with network technology
1 June 2017

The Internet of Things has now reached the manufacturing industry, where it is not only transforming the logic of production, but also presenting challenges to many companies’ business models. Value chains are becoming networks, products are turning into platforms for innovative services, and real-time data processing is taking on ever-greater significance. It is estimated that just 3.5% of factories around the world are presently connected to the Internet of Things. An enormous market is emerging here: it is quite possible that, in 10 years’ time, 75% of all production sites will be connected to digital networks. The demand for data analysis services in manufacturing is already soaring. How can businesses participate in these transformations? Why is it advisable for businesses, and for medium-sized manufacturers in particular, to join this trend as soon as possible? How is intelligent data analysis helping to increase the productivity of manufacturing facilities?

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