YNDX Yandex NV Class A

Yandex Launches Public Cloud Platform Yandex.Cloud

Yandex Launches Public Cloud Platform Yandex.Cloud

MOSCOW and AMSTERDAM, the Netherlands, Sept. 05, 2018 (GLOBE NEWSWIRE) -- Yandex has launched its intelligent public cloud platform, Yandex.Cloud, enabling companies to develop and support web apps and services using Yandex’s advanced technologies and infrastructure. Yandex.Cloud is deployed across local data centers, enabling companies to store and use databases containing personal data in Russia as required by law.

Yandex.Cloud will help companies of various sizes and industries to boost their efficiency or expand their business without large-scale investment. Yandex.Cloud’s ease of use, flexible pricing, and the accessibility of Yandex technologies make it easy to complement an existing IT infrastructure or even serve as an alternative to it.

Yandex.Cloud currently provides:

  • Scalable virtual infrastructure with multiple management options: management from a graphical interface or the command line, plus developer tools for popular programming languages such as Python and Go;
  • Automated services for the labour-intensive management tasks of popular databases systems such as PostgreSQL, ClickHouse (Yandex’s open source high performance database management system) and MongoDB;
  • AI-based Yandex services: SpeechKit speech recognition and synthesis and Yandex.Translate machine translation.

Yandex.Cloud offers flexible pricing to suit the needs of any size business. Large enterprises with predictable needs can reserve blocks of resources for a specified period of time at a discount, while those with less predictable needs can accomplish tasks with a flexible pay per use pricing model. 

“Yandex has an entire ecosystem of successful products and services that are used by millions of people on a daily basis. Yandex.Cloud provides access to the same infrastructure and technologies that we use to power Yandex services, creating unique opportunities for any business to develop their products and services based on this platform,” explained Head of Yandex.Cloud, Yan Leshinsky.

Since April 2018, over 50 leading Russian and international companies including industry leaders such as Tinkoff Bank, S7 Airlines and X5 Retail Group have been utilizing Yandex.Cloud in test mode through an invite-only private preview. Future updates will include new infrastructure services, additional services based on Yandex’s machine intelligence and analytics tools, and developer tools intended to simplify the entire code lifecycle management within Yandex.Cloud.

Access to Yandex.Cloud is currently available on request and will be open to all by the end of 2018.

Yandex.Could clients and partners about the platform:

“The Tinkoff philosophy is built on using cutting-edge technology to create user-friendly and affordable financial products. We have long sought a cloud platform with features comparable to those of international market players, and have always believed that Yandex, with its know-how and experience, would sooner or later opt to create one. I believe that the Russian market will duly appreciate Yandex.Cloud's opportunities. At this stage, we are testing the platform for hosting our cloud services where resources are needed on demand and within short timeframes,” said Viacheslav Tsyganov, Vice President for Information Technology at Tinkoff Bank.

“Businesses are interested in the development of technologies that allow for experimentation without large-scale investment or long-running projects. Extensively testing the infrastructure and platform services of Yandex.Cloud allows us to see opportunities for gaining a competitive advantage right from the start,” explained Vitaly Porubov, Head of Strategy and Innovation at X5 Retail Group's IT Division.

“We are actively improving our services to ensure passenger comfort. Many of our business challenges require resources that are available on demand. Having tested Yandex.Cloud, we see opportunities for us to use a range of services, including development tools and services based on machine intelligence,” explained S7 TechLab CTO Nikolay Mukhanov.

Yandex (NASDAQ:YNDX) is a technology company that builds intelligent products and services powered by machine learning. Our goal is to help consumers and businesses better navigate the online and offline world. Since 1997, we have delivered world-class, locally relevant search and information services. Additionally, we have developed leading on-demand transportation services, navigation products, and other mobile applications for millions of consumers across the globe. Yandex, which has 22 offices worldwide, has been listed on the NASDAQ since 2011.

Contacts:

Investor Relations

Katya Zhukova

Phone: 8

E-mail:

Media Relations

Ilya Grabovskiy

Phone: 0

E-mail:

EN
05/09/2018

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