Yakov and Partners - In the media

Russia is one of 10 countries, including the U.S., China, Britain and Israel, that are developing their own generative AI models. Yakov and Partners says this gives it the potential to become a much more significant player.
Russia sees the use of AI technologies across all sectors adding 11.2 trillion roubles ($109 billion) to gross domestic product in 2030, compared to 0.2 trillion roubles ($1.9 billion) in 2023

Fedor Chemashkin, Yakov and Partners Digital CTO, notes that private funds are cautious about investing in the electronics market due to high risks and long payback periods. Despite this, the IPO of Element Group, the largest Russian microelectronics manufacturer, can serve as an indirect example of attracting private capital into the industry

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

According to Marina Dorokhova, the adoption of AI varies from industry to industry. About 70% of companies in the metals and mining industry use AI internally and plan to expand its use. This is why investments in this area are growing. However, in the oil and gas, electric power, and chemical industries, only a third of companies have reached a level of maturity that allows them to scale AI within their organizations, allocate money for it, and make it a strategic goal

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

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Experts say Russia is creating a window of opportunity for establishing its own tech leaders. The government has already disbursed RUB 300 billion to back the industry. The market keeps growing at an annual rate of 50%; new industry requirements for automation are being shaped; new subsidies and incentives are introduced. The next five years will be pivotal for the industry development

Alphabet, the parent company of Google, has removed the stipulation that its AI developments can be used solely for peaceful purposes from its founding document. Fedor Chemashkin, CTO of Yakov and Partners Digital, explains that Google's possible cooperation with military industries reflects the hard-to-reach balance between “ethical” principles, market interests, and national geopolitical ambitions

Fedor Chemashkin, CTO of Yakov and Partners Digital, shared his vision for taking lead in the AI race. To ensure successful development in the current environment, Russia needs to make the most of its advantages, including strong scholarly traditions, high-quality engineering education, and the wealth of expertise in developing advanced technologies

Between 1960 and 2023, South Korea increased its GDP from USD 4 billion to USD 1.7 trillion. The government played a key role in this by creating new markets and industries, fostering the development of major corporate systems known as chaebols (including Hyundai and Samsung), and promoting exports and innovation. This analysis is featured in an article by Fedor Chemashkin, CTO at Yakov and Partners Digital

Large investments, technological advancements, and the rapid growth of AI startups have raised concerns that the world may be on the verge of another dot-com bubble similar to the one that occurred in the early 2000s. There are indeed signs of overheating in the field of AI, says Fedor Chemashkin, CTO of YnP Digital. However, this technology is unlikely to recede into the background in the near future and will continue to attract investment

Fedor Chemashkin notes that the state is flexibly adapting assistance to various industries. In 2020, 10 billion rubles were allocated to support microelectronics, and then 210 billion rubles in 2024. Over the next few years, Russia's digital maturity will continue to grow, but there are several obstacles in the way. These include the lagging Russian technological base and a shortage of skilled personnel

In order to achieve technological independence, it is crucial for the country to develop its semiconductor manufacturing industry. According to Oleg Shenderyuk and Fedor Chemashkin, Russia should actively pursue opportunities for cooperation with BRICS member countries in order to strengthen its technological capabilities and exchange technologies in areas where localization is not possible

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"By 2030, there will be a shortage of 2-4 million personnel in the workforce, with 25-40% of those in the manufacturing industry," said Fedor Chemashkin, CTO at Yakov and Partners. "At the same time, median salaries have doubled in the last five years. Additionally, stricter security requirements for critical information infrastructure have led to the modernization of automated process control systems, taking into account cybersecurity and localization requirements"

After 2022, Russian exports of digital products and services saw a sharp decline, due to the increased complexity of the geopolitical situation. In 2023, software exports fell by around 44%-47% compared to the previous year, to around $3.1-$3.3 billion. This is almost half the level seen in 2021, according to Fedor Chemashkin

In terms of import substitution, the most challenging types of software are operating, infrastructure, and heavy industry software (PLM, CAD, MES), explains Fedor Chemashkin, CTO of Yakov and Partners. He adds that it took the developers of foreign systems decades to develop, lay the technological basis, fine-tune the professes for implementation, training, and collecting feedback from users

By 2028, the UAS market may grow to RUB 81 billion, says Fedor Chemashkin, CTO of Yakov and Partners Digital. In the most optimistic estimate, it may exceed RUB 120 billion by 2030. The expert names the Far Eastern Federal District, where drones are extensively used to survey infrastructure and deliver cargo to hard-to-reach areas, as the driver behind unmanned technology development

Generative AI may soon become a major driver of the rise in cybercrime. Fedor Chemashkin, CTO at Yakov and Partners Digital, believes that the current AI applications are "limited since the technology is still imperfect and requires special skills and infrastructure, but it could, in time, become widespread." The financial, telecom, energy, industrial, government, and healthcare sectors face the highest risks from sophisticated cyberattacks

Fedor Chemashkin, CTO at Yakov and Partners Digital, says that tax deductions lower the barriers for investors, making investments more attractive and increasing startups’ chances of success. At the same time, in order to ensure the maximum effectiveness of this initiative, it is essential to address several related issues: infrastructure development, support for startup businesses, and legal protection for investors

A survey conducted by Yakov and Partners in 2024 shows that 60% of companies named the lack of qualified staff as their top problem, according to Dmitry Plotnikov, Partner at Yakov and Partners. He believes that these businesses can benefit from structural transformation and rapid introduction of authorized digital solutions

As Fedor Chemashkin, CTO at Yakov and Partners, pointed out, the public sector currently plays a significant role in the growth of the data center market. In fact, according to him, in 2024, state orders accounted for half of the revenue generated by companies involved in designing and constructing data centers. The cost of public sector investments in data center construction is estimated at 60 billion rubles

Fedor Chemashkin, Yakov and Partners Digital CTO, speaks on how to evaluate trends. To predict the impact of specific trends on the industry as a whole, it is crucial to consider legislative barriers or incentives, technological maturity, and implementation readiness, which affects the risks and the time required to introduce this trend

The global civil aviation crisis raises concerns among transportation and logistics companies, and all other companies by extension. The solution is the development of new technologies, including drones. You can already imagine a world where drones fly freely over the BRICS countries, creating invisible links between continents through tech and cooperation. But how realistic is this? Fedor Chemashkin, Yakov and Partners Digital CTO, offers his opinion