“Four groups of fundamental interconnected digital technologies can be identified that define the digital transformation of the economy and society. All of them have revolutionary significance for the economy and people's livelihoods, the perception of information, methods of production and consumption, education, medical diagnostics, transportation, tourism, and culture,” noted Evgeny Vakhovsky, Dean of the Faculty of “Digital Economy and Mass Communications” at MTUCI and Candidate of Economic Sciences.
The rapid pace of technological development fosters the evolution of technologies, which brings even more significant changes to economic and social spheres, opening new opportunities for innovation, production and consumption, improving the quality of life, and addressing global challenges, including environmental issues. Scientists at MTUCI have compiled their perspective on the evolution and trends in technology development.
“A systematic approach to the national program ‘Digital Economy’ has not only yielded positive results from its early implementation but has also established a technological foundation for high potential future development. Nationwide, all indicators of national objectives were exceeded, with the level of digital maturity at 65.8 percent, the share of mass socially significant services provided electronically at 99.97 percent, and the proportion of households with internet access at 86.1 percent,” explained Tatiana Salyutina, Head of the Department of “Digital Economy, Management and Business Technologies” at MTUCI, Doctor of Economic Sciences, and Associate Professor.
On average, more than 329 million terabytes of data are created daily in the global space. Big data statistics indicate that 70 percent of all data across all sectors of the economy is generated by users. The vast majority of this data, 90 percent, is unstructured: email correspondence, social media messages, audio, video, and online search queries.
Thus, MTUCI scientists have identified the main reasons for the transition to a data economy:
– the growth of volumes of data collected and processed based on corporate information systems;
– the use of big data technology for optimizing sales and production;
– the application of data-driven decision-making tools;
– the development of data collection technologies based on the Internet of Things;
– business interest in the development of the data market and access to government data.
Analytical materials and the results of a multifactorial forecast on the growth of information necessary for production and human activity confirmed the inevitable nature of the transition to a data economy and the continuity of the achieved results in the technological and social development of the digital economy. The results are published in the journal “RISK: Resources, Information, Supply, Competition” in the section “Information Technologies in the Economy.”