THE IMPACT OF DIGITAL TRANSFORMATION PROCESSES ON THE GLOBAL ECONOMY

Author(s): Khachaturyan K.S.

Rubric: Economy

DOI: 10.21777/2587-554X-2024-2-36-41

Release: 2024-2 (49)

Pages: 36-41

Keywords: digital economy, innovative technologies, Big Data, remote work, coronavirus pandemic, Internet of things, artificial intelligence, distance learning, digitalization of business, global economy

Annotation: The article is devoted to the transformation of the economy in the context of digitalization and the introduction of innovative technologies. The article examines the impact of information and communication technologies on various aspects of companies’ activities, including distance learning, contactless transactions and remote work, especially in the context of the past COVID-19 pandemic. The author focuses on the importance of digital tech- nologies, such as Big Data, artificial intelligence, the Internet of Things and mobile technologies, to increase competitiveness and adapt businesses to new business conditions. The geographical aspects of the spread of these technologies are analyzed, with special emphasis on the leading positions of China, the United States and Singapore. The article also highlights the role of digital innovations in solving production problems and developing international economic cooperation. It is concluded that there is a need for further development and implementation of digital technologies to ensure sustainable economic growth and integration of companies into the global innovation environment.

Bibliography: Khachaturyan K.S. THE IMPACT OF DIGITAL TRANSFORMATION PROCESSES ON THE GLOBAL ECONOMY // Economics and Management. – 2024. – № 2 (49). – С. 36-41. doi: 10.21777/2587-554X-2024-2-36-41