Home News & events Press Releases 2006 The Institute of Information Technologies celebrates its 50th birthday

 

bCompassPlusThe Institute of Information Technologies celebrates its 50th birthday. In 1956 Project and Construction Institution of Information Technologies was established as a branch of Moscow Central Project and Construction Bureau in order to develop industrial process automation systems at one of the word’s largest steel mills. In 1973 the institute became independent and started to extend its field of activities into other diverse areas. Since its first project the institute went through all stages of automation system research and development, from localised hardware control and automation to contemporary large integrated information systems in such areas as metallurgy, power engineering, civil engineering, agroindustrial sector, industrial administration and finance industry. In addition, the institute carried out a number of international projects and by the end of the 20th century has successfully completed in excess of 4500 projects.

Today Institute of Information Technologies is a part of Compass Plus and specialises in the area of large IT systems development technology, engages in a fundamental R&D in the area of object-oriented technologies, rapid application development (RAD) facilities and software development for electronic payment system automation.