The M.Video-Eldorado group created M.Tech IT company, which will develop solutions in the field of artificial intelligence and biometrics. The products will be used for the needs of the group and external customers. The new company will also be able to claim benefits intended for IT companies.

M.Tech was created on the basis of the provider of fintech services Direct Credit. According to the representative of M.Video-Eldorado, developers, analysts, testers and other technology experts of the group will move to M.Tech, and the company will become an external partner for the IT development processes of M.Video-Eldorado.

At the moment, the group is working on more than 100 products and solutions based on data analysis, biometrics, and artificial intelligence. The specialists of M.Video-Eldorado do not rule out that M.Tech may sell its IT solutions to external market.

Original in Russian