Sber and AvtoVAZ will cooperate in the field of digitalization of production – advanced developments of the financial organization based on artificial intelligence will be included in AvtoVAZ automobile products. Additionally, Sber will participate in an investment project for the development and production of a new passenger car model. This agreement was reached at a working meeting in Tolyatti by First Deputy Chairman of the Board of Directors of Sberbank Alexander Vedyakhin and AvtoVAZ President Maxim Sokolov.
Sberbank noted that the companies are united by long-term cooperation in the field of lending, factoring, clearing and cash services, and AvtoVAZ also participates in the bank’s salary project. Sber contributes to the development of production, the introduction of innovations in the enterprise and the successful implementation of its social function.
According to Alexander Vedyakhin, the purpose of the meeting was to create the product and service offer that AvtoVAZ needs to continue effective operation and development, taking advantage of Sber’s experience and developments in the fields of digitalization of business processes, machine learning and artificial intelligence technologies. .
“Sber is ready to integrate the solutions and services of partner companies into the multimedia system of Lada cars. Our technical experts also provide consultancy on the use of industrial IoT technologies in production, visualization of technological processes and equipment monitoring. Lada is the most popular car in our country and we are happy that we were able to meet and stimulate demand thanks to our cooperation with Sber,” said Vedyakhin.
AvtoVAZ President Maxim Sokolov thanked the bank for long-term support and financing of new projects.
“The bank, one of the leaders in the IT industry, approached us with an offer to use its developments in the field of automotive telematics and services. “These are modern and interesting solutions that we will analyze in detail in the near future,” he said.
An agreement aimed at expanding cooperation between Sberbank and AvtoVAZ will be concluded in the summer of 2023 in St. It was signed at the St. Petersburg International Economic Forum.