On June 1-3, Nizhny Novgorod hosted the VII Annual Conference "Industrial Russia Digital Industry" (IRDI). The platform gathered more than 4000 participants, including IT communities of CIS and EEC countries, IT management specialists, leaders of state institutions’ digital transformation, business representatives, etc.

IRDI is Russia's first conference for global dialogue and cooperation between government and business on development of digital economy, digital transformation of industry, implementation of the national program "Digital Economy of the Russian Federation," development of Russian high-tech exports, and cybersecurity.

Within the framework of the panel discussion "How Big Data and ML are Transforming the Energy Industry: Where to Find Domestic Solutions", Alexey Kovalevich, Managing Director of Engineering and Technology Center GET JSC, delivered his report on "Digital twins":

“For ETC GET JSC “digital transformation of business” are more than mere words. The creation of digital twins significantly expands the boundaries of our company, and we are ready to actively develop and reveal our potential in this area. It is hard to overestimate the economic effect of implementation of the digital station which is not only about reducing the cost of energy resources for balanced operation of the plant in given modes, minimizing economic losses when switching over the modes, but also about reducing costs due to downtime, defects and failures of industrial equipment," emphasized Alexey Kovalevich. 

Within the framework of the business program (more than 70 events), the participants discussed a number of topical issues, including the current conditions of digital technology development and creation of supply and demand for Russian solutions and products, as well as the sustainability of economic and social development.