Russia is getting stronger with artificial intelligence

IT product market leaders use the opened window of opportunity, expand their business and enter foreign markets

In the second and third quarters of 2022, the number of monthly registrations of enterprises in the field of information technology has increased dramatically in our country. According to the Spark-Interfax service, from March to September, 81% more companies of this profile appeared every month than in January and February. The incomes of these organizations also increased: in August, the sector’s turnover was 17% higher than the average figures at the beginning of the year. The policy of import substitution and tax incentives pursued by the government stimulates the emergence of a large number of new players and the expansion of business among market leaders. About the main technology of the 21st century, which is actively used by Russian corporations – in the material “MK”.

Large companies in Russia have been implementing Big Data and Machine Learning technologies in risk analysis, decision-making and other business processes for a long time and effectively. For example, Sberbank is actively experimenting in this area. His decisions concern not only the sphere of lending. There are also quite unusual developments. For example, in April 2019, the bank introduced a digital TV presenter Elena, who is able to lead news stories using text to generate a full-fledged video image and speech, accompanied by facial expressions and emotions of a real person. This year, Sber launched the Kandinsky 2.0 service, the first Russian multilingual diffusion model for generating images from a text description with 2 billion parameters.

It should be noted that the team of the financial institution has its own vision of the future. The main technology of the 21st century will be artificial intelligence (AI). This opinion was expressed by Alexander Vedyakhin, First Deputy Chairman of the Board of Sberbank, during the international online conference Artificial Intelligence Journey. Moreover, simple solutions in this area are no longer of interest to anyone. The main direction is the movement towards a strong artificial intelligence capable of understanding human speech, solving many different problems and self-learning in order to help people and businesses even more effectively.

In the near future, the bank will even issue a special collection on key industries – agriculture, construction, medicine, etc. — where he will directly assess the economic effect of introducing AI into the organization’s business process. Artificial intelligence is a mature technology that allows you to make projects using it pay off well. There are startups that, after launch, pay off within 3-6 months, including those in “loaded” industries, such as petrochemistry. The expert did not disclose how much investments were made for the development of artificial intelligence technologies in Sberbank, however, he indicated that this year the profit from its use in the financial institution will be more than 200 billion rubles, and last year every sixth ruble in this state bank was earned for account of such implementation.

AI helps to do business around the client: to generate offers quickly, individually for each, efficiently and conveniently. “For individuals, all decisions on loans are already being made online,” Vedyakhin explained. – Legal – 60% of the flow of standard transactions are also accepted online. The state bank has very interesting developments in medicine. They are used by more than 3.5 thousand Moscow doctors, with the help of AI, more than 7.5 million preliminary diagnoses were made. “Of course, artificial intelligence does not replace the doctor, but it supports and greatly facilitates his work,” the expert emphasized. Today, a physician, when looking at a solution proposed by artificial intelligence, agrees with him in 70% of cases. But today, artificial intelligence can be used much more widely, since it provides a 5-7 times improvement in any criterion that is important for business development.