Big Data Platform, a company founded in the spring of 2020 by VTB Bank and Rostelecom, has developed and is introducing Russia's first universal geoplatform analyzing depersonalized data using automatic machine learning (Auto ML) methods, the bank informed.
The platform forecasts demand, customer flows, and other factors in specific locations for decision-making on the location of retail outlets, offices and advertising facilities, assesses the investment appeal of buildings and land plots.
VTB Group is a Russian financial group comprising more than 20 credit and financial companies operating in all the key segments of the financial market. In the CIS, the group is active in Armenia, Ukraine, Belarus, Kazakhstan, Azerbaijan. VTB's banks in Austria, Germany and France are operating as parts of the European sub-holding led by VTB Bank (Austria). Besides, the group has subsidiary and affiliate banks in the UK, Cyprus, Serbia, Georgia and Angola, as well as one VTB branch in China and India, two VTB Capital Plc branches in Singapore and Dubai.