19 April 2017 year Mikhail Lifshitz took part in the Innovation Summit 2017

Chairman of the Board of Directors of ROTEC Mikhail Lifshitz addressed the plenary meeting of Innovation Summit 2017. Participants of the forum discussed possibilities of Industrial Internet technologies for risk management of critical infrastructure facilities.

"The Internet of Things, prognostics technologies, machine2machine are reality we live in already. And a tool enabling to increase efficiency and competitiveness of business. You may ignore it, but in such case you will just be pushed out of the market. Look back, in the 19th century in England, a movement of the Luddites appeared — people who were against the implementation of machines during Industrial Revolution. And who was the winner finally?" Mikhail Lifshitz noted.


Innovation Summit 2017 is a discussion platform for representatives of electrical engineering business, industry and technological companies. This year the summit included 100+ business events on relevant subjects of the market and nearly 1000 m² of exposition devoted to innovative solutions. The Organizer is Schneider Electric.

ROTEC JSC ( is an industrial holding that is a part of the Renova Group of companies. It carries out maintenance of gas and steam turbines, manufactures power generating equipment, renders engineering services and develops a series of high-technology projects in various industrial branches, including power plant engineering, aircraft and automobile manufacturing, energy accumulation and storage systems.

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