Fund Skolkovo “and IBM (NYSE: IBM) signed two agreements on cooperation aimed at the development of the ecosystem of innovation in Russia. Under the first agreement which was signed by the President of the Foundation 7 December “Skolkovo” Viktor Vekselberg, Director of IBM in the Central and Eastern Europe David Stokes and the Director of IBM in Russia and CIS Biographies “Skolkovo” will create a scientific and technical center of IBM. IBM estimates that by the end of 2012, the scientific and technical centre will work up to 170 people. Under the second agreement, IBM will license the Fund some know-how in the field of intellectual property management system, including methods of identification and evaluation of technologies that are promising in terms of commercialization.

The first agreement elaborates the basic provisions of the memorandum of understanding signed between IBM and fund Skolkovo “in June 2011, inter alia, define the main directions of development of science and technology centre, IBM” Skolkovo “and project timelines. The key objective of scientific and technological centre for IBM as a party “Skolkovo” are expected to participate in development projects of intelligent oilfields, a Russian NFC technologies and business intelligence solutions for improving road safety.

Under the second agreement IBM experts will give professionals the Foundation and its subsidiaries, including the Centre for intellectual property “Skolkovo”, a number of documents that describe experience IBM and methodology of the establishment of centres of competence in the field of intellectual property, which will use the Skolkovo “modern approaches to the identification and development of competitive technologies. Fund looks forward to receiving analytical tools and methodological baggage of IBM in the area of analysis of the demand for technologies and search partners in research and commercialization. In practical terms the lack of national expertise in the latter area, the transaction is unique.

Road map of our cooperation more circumscribed plans and expectations of the parties and determines the main directions of work, which will enable us to stimulate the development of the ecosystem of innovation – in particular to develop intellectual property management structure “Skolkovo” and our partners, said the President of the Foundation “Skolkovo” Viktor Vekselberg. -International expertise and leading positions in IBM research and development and focus on the development of Skolkovo innovation define the serious potential of our cooperation for Russia “.

“Technologies and solutions with high intellectual potential plays an important role in the development of business, State and society. IBM is pleased to cooperate with “Skolkovo” for the development of innovation and entrepreneurial culture, of key importance for the future of Russia, “said David Stokes, Director of IBM in the Central and Eastern Europe.

On the basis of new scientific and technological centre of IBM, which initially will be located at the Russian lab IBM systems and technology in Moscow, IBM and fund Skolkovo “will cooperate in the development of innovative solutions for efficient development of oil and gas, the transport industry and the retail trade. Three directions of development that are planning to work specialists of the scientific and technical center of IBM, include:

-Development of virtual models of oil and gas fields with trudnoizvlekaemymi stocks. The use of such models, based on high-performance computer systems, aimed at improving the efficiency of oil production.

-The development of Russian NFC applications. The project aims to build secure and customized mobile transaction for use in such industries as communication, retail and banking.

-Development of integrated mining operations centre that uses the technology of intelligent video surveillance. These technologies allow you to anticipate the development of situations on the road to improve traffic safety. Among the tasks that can be solved in the course of the project, the use of technology analysts and intelligent video surveillance to detect road accidents and the identification of potential violations of on the road.

“IBM and the Skolkovo” unite expertise and strategic vision, to boost development and commercialization of innovative technologies in the Russian and international markets, Biographies, Director of IBM in Russia and CIS. -The agreement signed today, contribute to the development of open and efficient ecosystem of innovation in our country. “