scholarly journals Challenges in Creating Transformative Growth for Companies In Digital Economy

ECONOMICS ◽  
2018 ◽  
Vol 6 (2) ◽  
pp. 37-48
Author(s):  
Branislav Mašić ◽  
Ljubiša Vladušić ◽  
Sandra Nešić
Keyword(s):  
Digital Economy ◽  
Digital Transformation ◽  
Manufacturing Companies ◽  
Information And Communications Technologies ◽  
Collaborative Relationships ◽  
Product Cycles ◽  
Communications Technologies ◽  
Transformational Growth ◽  
Short Product ◽  
Operational Excellence

Summary Digital economy creates waves and waves of disruptions. To survive and thrive in digital economy, where technology is disrupting industries from education to even manufacturing, companies are looking for new approaches to stay relevant. As the world becomes more digitalized, customer-centric approach to product development, short product cycles and rapid decision-making is needed. At the same time, while optimizing the existing core business, companies must grow more entrepreneurial culture and transformational growth engines inside the companies. Following this path, the major challenge for companies is how to implement strategic growth innovation along with executing traditional business model and operational excellence. This paper aims to explore and present the importance of digital transformation and innovations. Companies should strive to build collaborative relationships as a means to creating transformational growth. It is suggested that information and communications technologies are significant in the process of strategic planning. The Paper also emphasizes the importance of organizational structure and culture required for implementing strategies that are aligned with digital transformation.

Socio-Economic Impacts and Influences of E-Commerce in a Digital Economy

2011 ◽  
pp. 1-20 ◽  
Author(s):  
Sushil K. Sharma
Keyword(s):  
Economic Growth ◽  
Privacy Protection ◽  
Economic Impacts ◽  
Digital Economy ◽  
Information And Communications Technologies ◽  
Policy Makers ◽  
Economic Productivity ◽  
Digital Revolution ◽  
The Social ◽  
Communications Technologies

Innovations in information and communications technologies have created a digital revolution that is changing the way the world works, learns, communicates and transacts business. E-commerce continues to show strong growth and has been influencing the social and economic growth of nations. On one hand e-commerce technologies have helped nations to accelerate their economic growth and to provide more opportunities for businesses to grow, but it has also created many challenges and effects across numerous domains of society, and for policy makers. These issues involve economic productivity, intellectual property rights, privacy protection, and affordability of and access to information, among other concerns. This chapter describes the various socio-economic impacts and influences that have been created by e-commerce in a digital economy.

scholarly journals Collaborative Strategies and Tourist Competitiveness in Medium Mountain Destinations: Study on the Positioning of Tourist Actors in the Natural Park of Serra da Estrela

2021 ◽  
Vol 11 (1) ◽  
pp. 121-134
Author(s):  
Gonçalo Fernandes ◽  
Ana Daniel ◽  
Helder Almeida
Keyword(s):  
Business Networks ◽  
Operational Flexibility ◽  
Information And Communications Technologies ◽  
Collaborative Relationships ◽  
Natural Park ◽  
Tourism Sector ◽  
Communications Technologies ◽  
Collaborative Strategies ◽  
Serra Da Estrela ◽  
Productivity And Competitiveness

Abstract The tourism sector, due to its specificities, is one area of economic activity where collaborative strategies can most contribute to increasing productivity and competitiveness. The need for immediate responses to customer interests and requirements has led companies to become more proactive, which in turn leads to the pursuit of external collaboration to develop business networks that increase business dynamism and the operational flexibility of partners. Encouraging collaboration lies in the pressures brought on by globalization and increased competitiveness, supported by the development of information and communications technologies. Collaboration promoting strategic and organizational alignments in the field of tourism is revealed to be decisive for the qualification and sustainability of destinations, promoting new markets, and facilitating synergies of larger dynamism between companies. Serra da Estrela corresponds to a medium mountain destination, classified as a UNESCO World Geopark, where the development of collaborative relationships is valued as a resource for businesses and as expanding the offer of tourist products, as well as a source of competitive advantage.

scholarly journals A Proposal for Assessing Digital Economy Spatial Readiness at Tourism Destinations

2021 ◽  
Vol 13 (19) ◽  
pp. 11002
Author(s):  
Vicente Ramos ◽  
Maurici Ruiz-Pérez ◽  
Bartomeu Alorda
Keyword(s):  
Spatial Distribution ◽  
Digital Economy ◽  
Balearic Islands ◽  
Information And Communications Technologies ◽  
Technological Infrastructure ◽  
Regional Approach ◽  
Digital Infrastructure ◽  
Communications Technologies ◽  
Tourism Destinations ◽  
Ict Infrastructure

Information and communications technologies (ICT)—and more precisely, their use from fulltime connected mobile gadgets—offer valuable opportunities to interact with tourists using their own devices. In order to exploit these benefits, destinations should have appropriate digital infrastructure to allow for bidirectional smart communication with their visitors. However, the spatial distribution of such coverage, and the geographical concurrence of tourism activities and ICT infrastructure, have been poorly examined. This paper contributes to this analysis by quantifying digital accessibility with both a broader regional approach and a narrower local perspective. First, we propose a digital immersion index, and apply it to the Balearic Islands, Spain. Second, alternative Moran’s indices are used to study the spatial distribution and correlation of tourism and technological infrastructure for a local destination. The results are presented through easily interpretable maps, which can inform tourism policies, such as identifying and prioritizing ITC investments.

Implementaon of digital economy elements in electric power industry

2018 ◽  
Vol 11 (2) ◽  
pp. 94-102 ◽  
Author(s):  
A. G. Filimonov ◽  
N. D. Chichirova ◽  
A. A. Chichirov ◽  
A. A. Filimonovа
Keyword(s):  
Electric Power ◽  
Energy Production ◽  
Predictive Analytics ◽  
Digital Economy ◽  
Digital Transformation ◽  
Cloud Services ◽  
Small Scale ◽  
Economic Activities ◽  
Industrial Enterprises ◽  
Automation Systems

Energy generation, along with other sectors of Russia’s economy, is on the cusp of the era of digital transformation. Modern IT solutions ensure the transition of industrial enterprises from automation and computerization, which used to be the targets of the second half of the last century, to digital enterprise concept 4.0. The international record of technological and structural solutions in digitization may be used in Russia’s energy sector to the full extent. Specifics of implementation of such systems in different countries are only determined by the level of economic development of each particular state and the attitude of public authorities as related to the necessity of creating conditions for implementation of the same. It is shown that a strong legislative framework is created in Russia for transition to the digital economy, with research and applied developments available that are up to the international level. The following digital economy elements may be used today at enterprises for production of electrical and thermal energy: — dealing with large amounts of data (including operations exercised via cloud services and distributed data bases); — development of small scale distributed generation and its dispatching; — implementation of smart elements in both electric power and heat supply networks; — development of production process automation systems, remote monitoring and predictive analytics; 3D-modeling of parts and elements; real time mathematic simulation with feedback in the form of control actions; — creating centres for analytical processing of statistic data and accounting in financial and economic activities with business analytics functions, with expansion of communication networks and computing capacities. Examples are presented for implementation of smart systems in energy production and distribution. It is stated in the paper that state-of art information technologies are currently being implemented in Russia, new unique digital transformation projects are being launched in major energy companies. Yet, what is required is large-scale and thorough digitization and controllable energy production system as a multi-factor business process will provide the optimum combination of efficient economic activities, reliability and safety of power supply.

ROLE OF LIBRARIANS IN TEACHING INFORMATION LITERACY IN ZIMBABWEAN AND SOUTH AFRICAN UNIVERSITIES: A COMPARATIVE STUDY

Mousaion ◽  
2016 ◽  
Vol 33 (1) ◽  
pp. 23-42 ◽  
Author(s):  
Tinashe Mugwisi
Keyword(s):  
South Africa ◽  
South African ◽  
Information Literacy ◽  
Ethical Issues ◽  
University Libraries ◽  
Information And Communications Technologies ◽  
Communications Technologies ◽  
Information Skills ◽  
The University

Information and communications technologies (ICTs) and the Internet have to a large extent influenced the way information is made available, published and accessed. More information is being produced too frequently and information users now require certain skills to sift through this multitude in order to identify what is appropriate for their purposes. Computer and information skills have become a necessity for all academic programmes. As libraries subscribe to databases and other peer-reviewed content (print and electronic), it is important that users are also made aware of such sources and their importance. The purpose of this study was to examine the teaching of information literacy (IL) in universities in Zimbabwe and South Africa, and the role played by librarians in creating information literate graduates. This was done by examining whether such IL programmes were prioritised, their content and how frequently they were reviewed. An electronic questionnaire was distributed to 12 university libraries in Zimbabwe and 21 in South Africa. A total of 25 questionnaires were returned. The findings revealed that IL was being taught in universities library and non-library staff, was compulsory and contributed to the term mark in some institutions. The study also revealed that 44 per cent of the total respondents indicated that the libraries were collaborating with departments and faculty in implementing IL programmes in universities. The study recommends that IL should be an integral part of the university programmes in order to promote the use of databases and to guide students on ethical issues of information use.

Digital Transformation as a Way to Improve Public Administration

2020 ◽  
Vol 8 ◽  
pp. 48-53
Author(s):  
I. I. Zedgenizova ◽  
◽  
I. V. Ignatieva ◽  
Keyword(s):  
Public Administration ◽  
Relevant Information ◽  
Digital Economy ◽  
Digital Transformation ◽  
Digital Government ◽  
Dynamic Development ◽  
Modern Technologies

The relevance of the article is due to the dynamic development of modern technologies and the transition of state bodies to a digital way of exchanging legally relevant information. The purpose of the article is a brief overview of the problems associated with the regulation of the digital economy in the direction of «Digital government», as well as approaches to their solution.

THE SHAPE OF A COMMERCIAL BANK IN THE CONTEXT OF DIGITAL TRANSFORMATION IN THE ECONOMY

2020 ◽  
Author(s):  
Магомед Русланович Таштамиров
Keyword(s):  
Commercial Bank ◽  
Digital Economy ◽  
Digital Transformation ◽  
Economic Relations

Данная статья посвящена актуальным вопросам необходимости преобразования коммерческого банка в условиях цифровой трансформации экономических отношений. Представлены некоторые тенденции цифровизации экономики. Отмечена объективная необходимость пересмотра роли и облика коммерческого банка в перспективе цифровой экономики. Выявлены проблемные аспекты ускоренного преобразования цифрового банка в России. This article is devoted to topical issues of necessity of transformation of commercial bank in conditions of digital transformation of economic relations. Some trends in digitalization of the economy are presented. The objective need to review the role and appearance of the commercial bank in the perspective of the digital economy was noted. Problematic aspects of accelerated transformation of digital bank in Russia identified.

Cyber Peacekeeping: Critical Evaluation of Digital Blue Helmets Program

2020 ◽  
pp. 17-27
Author(s):  
Fahad Nabeel
Keyword(s):  
United Nations ◽  
Critical Evaluation ◽  
Threat Detection ◽  
Information And Communications Technologies ◽  
The Past ◽  
Research Article ◽  
Un Peacekeeping ◽  
Starting Point ◽  
Communications Technologies ◽  
Future Potential

In 2016, the United Nations (UN) launched the Digital Blue Helmets (DBH) program under its Office of Information and Communications Technologies (OICT). The launching of DBH was a continuation of a series of steps that the UN and its related agencies and departments have undertaken over the past decade to incorporate cyberspace within their working methodologies. At the time of inception, DBH was envisioned as a team capacitated to act as a replica of a physical peacekeeping force but for the sole purpose of overseeing cyberspace(s). Several research studies have been published in the past few years, which have conceptualized cyber peacekeeping in various ways. Some scholars have mentioned DBH as a starting point of cyber peacekeeping while some have proposed models for integration of cyber peacekeeping within the current UN peacekeeping architecture. However, no significant study has attempted to look at how DBH has evolved since its inception. This research article aims to examine the progress of DBH since its formation. It argues that despite four years since its formation, DBH is still far away from materializing its declared objectives. The article also discusses the future potential roles of DBH, including its collaboration with UN Global Pulse for cyber threat detection and prevention, and embedding the team along with physical peacekeepers.

Tendencies of development of modern innovative technologies and the digital economy

2018 ◽  
Vol 35 (2) ◽  
pp. 40-47
Author(s):  
S. M. Doguchaeva
Keyword(s):  
Internet Of Things ◽  
Digital Economy ◽  
Digital Transformation ◽  
The Internet ◽  
Successful Development ◽  
Innovative Technologies ◽  
Digital World ◽  
Blockchain Technology ◽  
The Internet Of Things

The era of digital transformation provides the opportunity for leading companies to change priorities - to begin to take care of the support environment using innovative technologies and become a leading creative platform open for innovation. The successful development of the digital world, the blockchain technology, the Internet of things – the mechanism which will change the financial world. 

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