Yakov and Partners - In the media

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In some areas Russian solutions could even be among the global leaders. Developing unmanned technologies offers huge potential. A window of opportunity is now opening for Russian manufacturers due to increased demand for a whole range of technologies, including high-performance chips, video cameras, and 4D imaging radars capable of detecting objects at a distance of 300 meters at any speed and in any weather, says Fedor Chemashkin

Many companies are testing GPT solutions, but they are not getting the expected results and are therefore refusing to use them.“Banks, technology companies, telecoms, and retailers lead the way in terms of implementation of GPT solutions and are continuing to actively incorporate such solutions into their operations. They collectively account for approximately 50% of the impact expected from generative AI,” says Marina Dorokhova, a Senior Engagement Manager at Yakov and Partners

Ten years after the implementation of the food ban, Russia has successfully met the needs of its citizens for food. “It is rather difficult to assess the impact of restrictive measures on food inflation, as a meaningful part of the cost of agricultural produce is still pegged to the dollar, including genetic material, fine chemicals used in the food and feed industry, machinery, and equipment,” explains Alexey Kletsko, a director at Yakov and Partners

“Domestic and international companies are beginning to actively use text and picture generation tools. Walmart claims that the time required to create advertising banners and campaigns in general has been slashed almost tenfold. Yet not every business manages to achieve such outstanding results, and a lot depends on how the process itself is structured. Carrefour and Metro reported a 15% to 30% increase in CTR after implementing content generation tools,” says Maksim Bolotskikh

Speaking on RBC TV’s Den.Glavnoe news show, Yakov Sergienko said that the Arctic has a great potential for international cooperation and collaboration. At the same time, due to the increasing competition, there is a need to reassess the priorities of the Russian Arctic strategy

Businesses in Russia and other partner countries require creative solutions, but the practices used in classical consulting may not be suitable in uncertain conditions. “We have already reached a scale comparable to that of the top three local consultancies in China, although the market there is about seven times larger than the Russian one,” said Dmitry Plotnikov, Partner at Yakov and Partners. In the future, the company plans to become one of the world’s top 50, and then top 30 international consulting firms

Yakov and Partners experts Fedor Chemashkin and Marina Dorokhova told RBC that the most valuable benefit of artificial intelligence lies in its ability to solve applied business problems rather than abstract logical ones. They point out that according to forecasts, AI still has a lot of room for growth in the coming years

Fedor Chemashkin, CTO of Yakov and Partners Digital, explains how the IT market will be shaped and transformed in 2024: “We estimate that annual growth rates may exceed 10%. In the near future, the instruments of state support and import substitution will directly impact the volume of investments, which, in turn, will determine the speed of development of domestic hardware, software, and AI technologies”

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Victoria Trifonova, an expert at the Yakov and Partners Research & Insights, focuses on the support of electric transport. In many countries, there are benefits for both its producers and buyers. For example, in some regions of Norway, owners of electric vehicles are almost exempt from taxes on them. And in the EU countries, subsidies for the purchase of an electric car are common up to 23% of the total cost

Maxim Bolotskikh, a director at Yakov and Partners, notes that the share of electric transportation in Russia is increasing, but not at a rate that would generate revenue comparable to gas stations. He predicts that in the coming years, development of electric charging stations (EHS) will mainly occur mainly in big cities, where sales of electric vehicles are highest and infrastructure is already well developed

Transportation cannot be considered in isolation from the economy, says Igor Piun, a director at Yakov and Partners. The main goal of transport infrastructure development is to sustain dynamic growth of the city's economy. Improving the connectivity between Moscow and its suburbs will help stimulate economic growth, while making travel more predictable and often cheaper, he notes

In recent years, the automotive industry has been undergoing a significant transformation. Electric vehicles are taking an increasing share of the market. Yakov and Partners director Maxim Bolotskikh believes the latest boom in global electric vehicle sales is being driven by the rapid financing and development of electric transport in China and, to a lesser extent, Europe

Dmitry Plotnikov shared his vision on the evolution of management approaches. At Yakov and Partners, we place a high priority on the environment we create and the people who contribute to it. We see our clients as partners with whom we can work together and share ideas and resources. Our goal is not only financial success, but also the creation of harmonious relationships that lead to positive change in the world

The potential of Public Private Partnerships currently remains underutilized, in particular due to overregulation, special requirements for project preparation, and a cautious attitude on the part of business. However, successful implementation of infrastructure projects could create up to 400,000 jobs and improve the quality of life of 70-80 million people, says Yakov Sergienko

Covid has had a significant negative impact on the nervous and immune systems of many people who have contracted it. Many have reduced their physical and mental energy levels, as people focus more on their survival and physical well-being. This is explained by Yakov Sergienko, who also notes that people now work in a different environment due to the pandemic

The estimated amount of financing for the new national project "New Nuclear and Energy Technologies" until 2030 is 2.14 trillion rubles. Gennady Masakov, director of the Yakov and Partners Research & Insights center, considers cryogenic LNG facilities and ice-class carriers to be the most critical technologies that the domestic oil and gas industry needs to replace

Imports of nitrogen fertilizers into India decreased by 35% year-over-year in the first quarter of 2024, to 1.1 million tons, due to lower domestic gas prices and an increase in liquefied natural gas imports. The competitiveness of Russian fertilizers on the Indian market will continue, provided that Russia can maintain not only low production costs but also efficient delivery logistics, according to Egor Bespyatov

The number of gamers worldwide has reached 3.8 billion and continues to grow, while traditional media is rapidly losing popularity. In order to unlock the enormous potential of the gaming market, Russia needs to learn from international experience and create its own hubs to export creative products, shared Dmitry Plotnikov, Partner at Yakov and Partners

“Moscow's transportation system is being rapidly upgraded, but there still are areas for logistics improvement,” says Andrey Pavlovich, CEO of LogiX. “For instance, booming online sales require the construction of small dark stores (mini-warehouses) to ensure the delivery of goods to customers. Now there is still a shortage of dark stores, which affects the efficiency of courier delivery.”

In many countries around the world, the government plays a significant role in funding technology programs. For example, the United States, China, and European countries all invest between 1% and 3% of their gross domestic product (GDP) in technological development and ensuring their technological independence, says Fedor Chemashkin. A similar situation is also seen in Russia, where RUB 3 trillion will be allocated to support 12 national projects, with 55% coming from the state

In 2023, the volume of grain trading on the National Mercantile Exchange doubled year-on-year to reach RUB 31 bn. Alexey Kletsko, a director at Yakov and Partners, expects this year’s trading volumes to match those of 2023. According to his data, in the first five months of 2024 the figure climbed to RUB 11 bn

One of the largest Russian fertilizer producers, Phosagro, increased fertilizer supplies to Latin American countries by 1.5 times to 3.2 million tons in 2023. "In 2023, exports of fertilizers to Brazil increased by 17% to 9.4 mn tonnes. It now accounts for about 80% of fertilizer imports in the region," says Andrey Strogonov, an expert at the Yakov and Partners Research & Insights Center

Russian exports to European countries in January – February 2024 decreased to $9 billion from $18.3 billion in the same period last year. "The share of European countries in Russian exports of oil and petroleum products did not exceed 5% last year and is unlikely to be any higher this year," says a Yakov and Partners expert Victoria Trifonova. "The ongoing reorientation of exports to Asian countries also contributes to the decline of exports to the EU"

The oil and gas projects in Russia’s Arctic will require about 200 ice-class vessels by 2035, according to a study by Yakov and Partners. Of the 748 gas tankers in operation worldwide, only 24 meet the necessary criteria for transportation through the NSR. Of the global tanker fleet of 2,319 vessels, only nine are capable of providing transportation through the NSR