Digital Transformation of the World Economy: Evaluation of the Global and Russian Internet of Things Markets

2020 ◽  
Author(s):  
Alexey V. Bataev ◽  
Iulia Zhuzhoma ◽  
Nadezhda N. Bulatova
Keyword(s):  
Internet Of Things ◽  
World Economy ◽  
Digital Transformation ◽  
The World ◽  
Economy Evaluation

scholarly journals ON THE IMPACT OF DIGITAL TRANSFORMATION ON THE ECONOMY

2020 ◽  
pp. 32-38
Author(s):  
I. V. Goman ◽  
I. N. Shakhtarina
Keyword(s):  
Artificial Intelligence ◽  
World Economy ◽  
Digital Transformation ◽  
The World ◽  
The Impact

The article is devoted to the study of the impact global digitalization on the economy. The analysis of the development of technologies, including digital ones, and their impact on the world economy was carried out. Historical works describing possible changes in the mechanism of benefits distribution were studied. The main concerns related to digitalization, creation of artificial intelligence and global robotization were considered. Assumptions regarding possible development of the economy were made.

scholarly journals NEOBANKING AS A DIRECTION OF DEVELOPMENT OF MODERN FINANCIAL TECHNOLOGIES

2020 ◽  
pp. 134-142
Author(s):  
A. V. Komarov ◽  
V. M. Martyukova
Keyword(s):  
Comparative Analysis ◽  
Russian Federation ◽  
World Economy ◽  
Dominant Role ◽  
Digital Transformation ◽  
The World ◽  
Banking Institutions ◽  
The Russian Federation

Neo-banking as one of the most important directions of development of modern financial technologies has been considered. The aim of the paper is to study the fundamental prerequisites, advantages and prospects of neobanking development in the Russian Federation. By the methods of retrospection, analysis, comparison and graphical research, characteristics of foreign and domestic neobanks, such as: Tinkoff Bank, Rocketbank, Touch Bank, Tochka have been given and also their detailed comparative analysis with traditional banking institutions is carried out. Based on the results of the study, the conclusion about the dominant role of neobanking in terms of the modern digital transformation of the world economy has been made.

scholarly journals The Integration of Azure Sphere and Azure Cloud Services for Internet of Things

2019 ◽  
Vol 9 (13) ◽  
pp. 2746 ◽  
Author(s):  
Jiong Shi ◽  
Liping Jin ◽  
Jun Li
Keyword(s):  
Cloud Computing ◽  
Internet Of Things ◽  
Software Design ◽  
Digital Transformation ◽  
Cloud Services ◽  
Public Cloud ◽  
Key Factors ◽  
Related Services ◽  
Processing Data ◽  
The World

Internet of Things (IoT) has become one of the key factors that enables, drives and accelerates the digital transformation all over the world. The vision of the IoT is not only the immediate access to the data but also the ability to turning data into intelligence. As such, there is a growing number of public cloud computing providers offering IoT related services, including data processing, data analyzing and data visualization. However, with tens of billions of microcontroller-powered devices getting involved in the era of IoT, the concerns for overall security, privacy and cost are rising constantly and exponentially. Furthermore, these issues cannot be solved by public cloud computing providers since they mainly focus on the software and services rather than on the end devices. In this article, an integrated solution including Azure Sphere devices and Azure cloud services is proposed to provide a comprehensive and efficient way to ensure security that starts in the device and extends to the cloud with limited budgets. Moreover, the implementation details including hardware components, software design and Azure cloud integration are presented to demonstrate the feasibility and efficiency of the proposed solution.

Paradigm Shift in Technological Development of Socio-Economic System in the Context of Digital Transformation

2020 ◽  
Vol 10 (2) ◽  
pp. 653
Author(s):  
Tatiana Vitalievna POGODINA ◽  
Natalya Leonidovna UDALTSOVA ◽  
Alla Vadimovna FILUSHINA
Keyword(s):  
Economic System ◽  
National Economy ◽  
World Economy ◽  
Technological Development ◽  
Value Added ◽  
The United States ◽  
Digital Transformation ◽  
Dynamic Mode ◽  
The World ◽  
Post Industrial

The world economy is entering the post-industrial technological stage, the basis of which is the fundamentally new technologies (information and communications, bio-, and nanotechnology). Their importance has significantly increased and is reflected in the transformation of the resource base of the modern economic system. These changes are of a civilizational nature, affecting the national economy of any country, and are embodied in a specific technological policy. The research hypothesis is to identify the leading trends in the post-industrial technological structure in the world economy, consisting in the transformation of technology into a basic resource and in knowledge-intensive nature of production that allows extracting additional benefits from international cooperation, creating unique values and providing an increase in economic value added. The purpose of the present study is to identify key trends and assess the potential of technological development of the world and national economy. In this work, statistical, comparative, dynamic, coefficient-based, and structural research methods are used as the main approaches. The article reveals the main trends, problems, and prospects of technological development of the leading economically developed countries and Russia for 2005-2016. The tendencies of the post-industrial mode of production and the most innovative-driven companies are highlighted in each sector of the economy. The authors define the main stages of changing technological structures in the world economy (pre-industrial, industrial and post-industrial), as well as reveal the technologization processes and their characteristic features proving the change of the role of technologies and their transformation into the main factor of socio-economic system development. The effectiveness of technological development is estimated on the basis of a comparative analysis of Russia with the leading countries of the world using indicators of patent applications to the patent office of the country, the proportion of countries in the total number of publications in scientific journals indexed in Web of Science, as well as the proportion of domestic research and development expenditure as a percentage of GDP presented in dynamic mode for 2005-2016. The authors define key characteristics of digital transformation, including stages, segments, dominant technologies, values, and approaches, as well as calculate the level of the economic added value of the country as a target indicator of technologization of the social and economic system. The authors have revealed a direct relationship between the size and nature of the investment and technological development, as well as made conclusion about the need to invest in key sectors of technological development, which is actively progressing in Europe, India, the Republic of Korea, Japan, China, and the United States.

scholarly journals CREATING THE GROWTH POTENTIAL OF GLOBAL CITIES IN THE CONTEXT OF DIGITALIZATION

2020 ◽  
Vol 19 (Vol 19, No 2 (2020)) ◽  
pp. 341-355
Author(s):  
Larysa SARKISIAN
Keyword(s):  
World Economy ◽  
Social Processes ◽  
Digital Transformation ◽  
Growth Potential ◽  
Global Cities ◽  
Leading Role ◽  
The World ◽  
Territorial Structure ◽  
Technology Parks ◽  
The Internet Of Things

The peculiarities of the development of global cities and their role in the development of the world economy are considered. The trends of economic development of global cities is analysed and the main industries towards which investments are directed are identified. It is noted that innovations play a leading role in increasing competitiveness and establishing a sustainable economic and social system. Particular attention is paid to technologies that determine the sectoral and territorial structure of cities, including artificial intelligence, the Internet of Things, blockchain and 5G. The digital strategies of global cities are studied, which, despite different structure and priorities, set general principles for the development of the information technology and telecommunications sector and the implementation of its results in economic and social processes (government, infrastructure, technology parks, etc.). It is established that global cities should adhere to the developed strategy of digital transformation in determining the digital priorities. It is substantiated that the development of digital infrastructure is the basis for the creation of growth potential of global cities.

scholarly journals DIGITAL TRANSFORMATION OF HIGHER EDUCATIONALESTABLISHMENTS OF UKRAINE

2021 ◽  
Vol 140 (6) ◽  
pp. 147-154
Author(s):  
KALINICHENKO Oleh
Keyword(s):  
Higher Education ◽  
World Economy ◽  
Digital Transformation ◽  
Innovative Activity ◽  
Current Status ◽  
Innovative Development ◽  
The World

The dynamics of digital transformation of the world economy is described. Current status of innovative activity and factors that reducedigital transformation in Ukraine are considered. The necessity of digital transformation of of Higher Education Establishments (HEEs) for strengthening of innovative development of country is given. Key trends in whichdigital transformation of higher education of Ukraine must beoffered.

scholarly journals CONTAINING FACTORS OF THE RUSSIAN DIGITAL TRANSFORMATION AT THE TRANSIT STAGE FROM THE FORMATION OF THE DIGITAL ECONOMY TO ITS DEVELOPMENT IN THE CONTEXT OF GLOBAL TRENDS

2019 ◽  
Vol 7 ◽  
Author(s):  
Elena Zolochevskaya ◽  
Tatyana Cherkasova ◽  
Valeriya Arsenieva ◽  
Larisa Lozovova
Keyword(s):  
Economic Growth ◽  
National Economy ◽  
World Economy ◽  
Digital Technologies ◽  
Digital Economy ◽  
Digital Transformation ◽  
High Tech ◽  
Innovative Development ◽  
National Program ◽  
The World

The article reveals the concepts of innovative development and digital economy and defines their categorical correlation. The main modern trends in the development of the world economy in the context of globalization are highlighted, which implies that the digital transformation of national economies is becoming a key factor for sustainable economic growth, allowing to ensure strong competitive positions in the global space. Expert assessments of cross-country ratings in terms of the global competitiveness and innovativeness of the national economy demonstrate that the leading role in the development of the world economy belongs to the developed and rapidly developing countries at the top of these ratings. However, the leading positions some countries in the ratings are not the result of simple evolution of economic development, but a purposeful strategy of innovative development implemented through a set of public policy measures. The analysis of the state innovation policy of the USA, EU countries, Sweden and Norway, which occupy leading positions in the Digital Economy and Society Index (I-DESI) rating, made it possible to identify the main directions of economic growth that are important to consider in the Russian state policy of digitalization. As part of the study of the current state of the Russian digital transformation, the achieved success is highlighted and the constraints are identified, the elimination of which will determine the success of the development of digital technologies and their implementation in government bodies, public organizations and business structures. The successful result of Russian digitalization is the adoption of a strategic document (National Program "Digital Economy of the Russian Federation"), which defines the goals and institutional conditions for its implementation for all subjects of the national economy. Critical analysis of national programs helped to highlight some of the contained flaws, including the lack of: - economic objectives that concern system development of national industry 4.0 and the withdrawal of Russian digital technologies on global markets;- the indicative indicators of the pace of development of e-Commerce, the share of high-tech jobs in the total employment structure, growth of high-tech exports, and others; incentive mechanism for businesses to transition on the numbers; - ways to increase investment in research and development. In addition, the need for its adjustment is due to the selected seven limiting factors of Russian digitalization, which demonstrate the low efficiency of the national program in the transition from the stage of formation to the stage of development of the digital economy in Russia.

scholarly journals Modern Factors of Activating International Business in Ukraine and in the World

2021 ◽  
Vol 26 (1) ◽  
pp. 74-83
Author(s):  
M. N. Leshchenko ◽  
◽  
V. M. Pasenko ◽  
Keyword(s):  
Internet Of Things ◽  
Information And Communication Technologies ◽  
International Business ◽  
Economic Activity ◽  
World Economy ◽  
Digital Technologies ◽  
Communication Technologies ◽  
Developed Countries ◽  
The World ◽  
Information And Communication

Introduction. The article is devoted to the issues of the modern factors of international business activation in Ukraine and the world. It has been noted that the last decade is characterized by the intensification of digital technologies and their active influence on the development of international economic activity. It has been confirmed that the most important factors in the intensification of international business are the development of information and communication technologies and the "fintech" technologies. It has been shown that the key carriers of modern digital technologies are the leading multinational corporations, which play a key role in the creation, development and dissemination of innovations. Modern TNCs directly affect new trends in international business, global competitiveness in international markets, as well as the economies of the world's economies. The article defines that in the current conditions of international business development it is becoming increasingly obvious that the interdependence between the activities of modern corporations and key trends in the world economy. Purpose. The main purpose of the article is to highlight the trends in the development of digitalization and informatization processes as the most important factors in the development of modern international business. It is necessary to study the indicators of economic activity of corporations in the sector of information and communication technologies. Results. It has been noted that the products of the ICT sector are used mainly by developed countries and especially by developing countries. The least developed countries and countries with economies in transition are almost not involved in this trade, but since 2017 they have been slowly increasing this trend. It has been confirmed that areas of international business differ significantly depending on the use of digital technologies. The risks and opportunities of digitalization for international companies have been identified. The indicators of the information and communication technologies’ development in Ukraine have been analyzed. The progressive development of the IT ecosystem in Ukraine in such elements as the number of IT outsourcing and product companies, the number of people employed in this industry, the growing market share of Ukrainian IT services and products have been identified. Among the modern world-class digital technologies that successfully transform the business environment within the country are the following: cloud computing, Internet of things, robotics, big data, machine learning, artificial intelligence, 3D printing and blockchain. It has been proved that among the main tasks of modern corporations today is the desire to gain new competitive advantages through the use of information and communication technologies, the full use of the needs of informatization of the world economy. Conclusions. Modern opportunities for TNCs in the information sphere are related to the sphere of the Internet of Things (IoT). IoT creates new opportunities for better business conduct and quality, increased customer satisfaction, consumermanufacturer relationships, and generally increased business activity in the industry The risks of informatization have been identified, namely: the growth of cybercrime; strengthening the technological vulnerability of digital infrastructure; issues of aging of fixed assets and their safe disposal; possible weakening of technological and economic national security of individual countries due to the growth of technological dependence on foreign suppliers. The issues of possible job loss due to the development of the innovative industry and automation of production processes are becoming more relevant.

scholarly journals Approaches to changes in business-model by applying digital technologies

2021 ◽  
pp. 161-169
Author(s):  
T. Baigarin
Keyword(s):  
Theoretical Analysis ◽  
Business Model ◽  
World Economy ◽  
Business Models ◽  
Digital Technologies ◽  
Scientific Work ◽  
Digital Transformation ◽  
The World ◽  
Trading Activities

The purpose of the study is to disclosure of the essential incentives for digital transformation of traditional business models in the modern conditions of the world economy development and to form a model of digital transformation of the company's trading activities.Methodology. The scientific work is based on the method of theoretical analysis of research by modern authors regarding the features in the field of digital transformation of business models of companies.Originality / value of the research. Values and prerequisites for digital transformation of business models of trade organizations have been determined. The advantages of this transformation in the system of long-term planning and management of the organization are highlighted.Findings. The basic business model of digital transformation has been identified and refined. The specification of the organization's business model key components in the context of digital transformation of operating activities has been determined.

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