Sberbank Group’s Cloud Platform and Supercomputer to Become the Digital Core of the lesvostok.rf Service

The Far East and Arctic Region Development Fund (FEDF, affiliated with VEB.RF Group) and Sberbank Group have entered into a technical cooperation agreement in the field of digital products and cloud technology under the project of lesvostok.rf online service development.

In particular, to ensure the service operation, the parties intend to use Sberbank Group’s SberCloud platform and Christofari supercomputer ranked 36th among the world’s most powerful supercomputers.

The new system of forestry sector management and forest infrastructure development is being developed upon instruction of Yuri Trutnev, Deputy Prime Minister of the Russian Federation — Plenipotentiary Envoy of the President of the Russian Federation to the Far Eastern Federal District. The objectives of the project are as follows: creating an environment conducive to sustainable development of the forestry management sector and wood processing industry, generating open public data and procedures for allocating forest plots for use, implementing exchange auction mechanisms, and creating an infrastructure required to establish a public market of wood transactions.

Kirill Berman, Vice President, FEDF: “Sberbank Group’s IT cloud platform will be the core of the lesvostok.rf digital ecosystem. Our cooperation will make it possible to process huge data arrays. In particular, we will be able to comprehensively analyse the satellite images of all forests in the Russian Far East using AI solutions every 72 hours. This will enable real-time monitoring of forest resources and prompt prevention of illegal logging.

Mikhail Chachin, Vice President, Director of the Department for Public Sector Affairs, Sberbank Group: “We take pride in our involvement in the initiative that will add innovation, technical sophistication, and transparency to one of the key economic sectors. I am certain that our cooperation with the Far East Development Fund will prove efficient and make it possible for the forestry department to benefit from all opportunities provided by the digital platform in the near future. Considering the geographic location, the findings of the industry expert evaluation conducted by the bank indicate that the region’s timber industry has a strong potential. Availability and transparency of timber supply data will ensure mobilisation of investments in the sector and boost its growth”.

Far East and Arctic Region Development Fund (affiliated with VEB.RF Group)

The Fund implements top priority investment projects in the macroregion by extending repayable soft financing (at 5% per annum). Besides, as instructed by the Government of the Russian Federation, the Fund develops digital services for investors that make the relations between the government and business in various sectors more dynamic and transparent, as well as supports small and medium business.

Official website: www.fondvostok.ru

Sberbank PJSC is Russia’s largest bank and one of the leading global financial institutions. Sberbank Group accounts for about a third of total assets controlled by the Russian banking sector. Sberbank Group is the key creditor for the national economy and controls the largest share of the deposit market. The majority interest in Sberbank PJSC belongs to the Russian Federation represented by the Ministry of Finance of the Russian Federation — 50% of Sberbank PJSC’s authorised capital plus 1 voting share. The remaining 50% minus 1 voting share in the bank’s authorised capital belongs to Russian and international investors. Sberbank Group provides services to customers in 18 countries across the world. The bank has an extensive chain in Russia — about 14,000 banking outlets. The bank’s foreign network is composed of subsidiary banks, branches, and representative offices in the United Kingdom, USA, CIS, Central and Eastern Europe, India, China, and other countries.

General Banking License No. 1481 issued by the Bank of Russia.

Official websites: www.sberbank.com (Sberbank Group’s website), www.sberbank.ru.

SberCloud is Sberbank Group’s cloud platform providing services based on the IT architecture of the largest bank in Russia, CIS, Eastern Europe. The SberCloud infrastructure, IT platforms, and services are the core of Sberbank Group’s digital ecosystem and available to outside corporate and public customers.

The Christofari supercomputer is the most powerful supercomputer in Russia designated for AI-related tasks. It has been designed and created by Sberbank Group and SberCloud specialists in partnership with Nvidia and is based on NVIDIA DGX-2 high-capacity modules equipped with Tesla V100 graphics accelerators. The Christofari’s maximum effective capacity in Linpack benchmark amounts to 6.7 PFLOPs. The peak capacity is 8.8 PFLOPs.

s