Urals | Technology & innovation | Finance, business

Next gen business management and forecasting solution announced

12 Sep '12
Prognoz Innovatsii, a business analytics systems developer based in Perm, West Urals, is putting together its software and hardware complex to control businesses and forecast economies, sector-specific news agency TASS-Telecom reports citing a company source.

The developer has been recently granted residency status in Skolkovo, Russias widely touted government-sponsored innovation hub under construction just outside Moscow, where the core research will be reportedly conducted.

The future software and hardware complex is believed to be able to effectively control complex financial and economic systems, such as companies, banks, economic sectors, regions and even national economies, with an array of shock impacts factored in.

The product will use what the developer claims are unique algorithms and mathematical models enabling increased accuracy of mid-term and long-term forecasts by taking into account some external influence and peculiarities in development dynamics of systems to be looked into. Alongside in-depth analytics tools like forecasting, scenario modeling or venture management, this product is expected to include conventional data presentation approaches like reporting or OLAP analysis.

According to Prognoz Innovatsii CEO Dmitry Andrianov, theres no market competition for the new solution as theres no similar combination of algorithms, models, modeling instruments and business analytics tools in one product.

The company is reportedly seeking a Skolkovo Foundation grant to start promoting its end product in the global market once the complex is fully developed.
Publish in Twitter
Write to Facebook
Google Buzz
Write to LiveJournal
Show in MM
Share MK
Find Related Content

Locations: Perm

Tags: Skolkovo (329) / software and hardware complex (0) / Prognoz Innovatsii (0) / Dmitry Andrianov (0) /

Latest News: Urals
16 Nov '17 | Finance, business | Technology & innovation
27 Oct '17 | Technology & innovation
1 Mar '17 | Technology & innovation | Industry, manufacturing
4 Aug '16 | Technology & innovation | Finance, business

Feature stories

29 Jan '19
Russian biologists and biophysicists have developed...
2 Nov '18
Drawing upon in-depth interviews, the book channels...
27 Aug '18
Search (News archive - 21320)
Independent Software Developers Forum
Marchmont News

Latest News

15 Feb '19
Scientists at the Far Eastern Federal University in...
14 Feb '19
Scientists in Nizhny Novgorod have developed and put...
13 Feb '19
A Russo-American accelerator called Starta...

Most read stories from last week

15 Feb '19
Scientists at the Far Eastern Federal University in...