TRANSFORMATION AND DEVELOPMENT OF INDUSTRY IN THE DIGITAL ECONOMY

Аннотация

It is predicted that by 2020 the market for robotics and artificial intelligence products will grow to 142 billion euros. By 2025, the automation of information, labor, robotics and autonomous cars is expected to have a combined economic impact of 6.5 trillion euros and 12 trillion euros per year, including productivity gains and benefits in sectors such as safety and healthcare. KEYWORDS: However, such changes and their speed can destabilize both governments, which are forced to evaluate the existing framework for digital transformation, and existing industries, which will be replaced by new business models. INTRODUCTION challenges of an individual organization. Digital transformation includes various For all industries, as well as companies changes in how businesses interact with each interacting in industrial networks, digital other, for example, potentially increasing the transformation presents new opportunities total number of interactions in order to and challenges. There are many ways to define increase the value created. Value creation and digital transformation, and much of the engagement are two fundamental aspects of research on this subject has focused on digital transformation (Reddy and Reinartz, identifying technology characteristics and 2017; Roblek et al., 2016). capabilities, primarily on the internal “TRANSFORMATION AND DEVELOPMENT OF INDUSTRY IN THE DIGITAL ECONOMY” P age 22 | 7 Embedding digitally-enabled solutions into the application of digital technologies and digital technical resources that manufacturing innovations. In addition to improving the companies need to create value is how digital quality of life of people living in regions with transformation drives change. This is changing an economy focused primarily on the how business relationships are formed and production of raw materials, industrialization managed and, as a result, how industrial firms is important to address the problem of create value when interacting with each other significant regional and interregional (Albukhitan, 2020; Morakanyane et al., 2017; differentiation. It is also necessary to unlock Ojala et al., 2016; Stolterman and Fors , 2004; the potential for industrial growth and Westerman et al., 2014). development in a number of industries traditionally important for Russia and Siberia. The interaction model, established early in the The main goal of the reindustrialization Industrial Marketing and Purchasing Method process should be to restore the position of (IMP), postulates that companies create value industry as the basis of the national economy through their interactions with other and diversify its growth through the companies in the network. In order to development of high-tech industries. understand how resources such as new technologies intertwine in a broader context Academician Yevgeny Primakov argues that and how technological innovations emerge the key characteristics of the new from interactions in an industrial network, the industrialization are: - diversifying the IMP approach explored business ties. As a structure of the economy in order to increase result, it depends on the activities of the its share in the manufacturing industry; various organizations participating in the ensuring this process with a workforce of network, and not only on the actions of appropriate qualifications; bringing the individual enterprises. country's banking system to the needs of reindustrialization; development of This study aims to determine how digital "channels" and "elevators" linking scientific transformation affects industrial network potential with production; systemic interconnections between enterprises and immaturity (2012) Bodrunov, p. thirty value creation. The paper will analyze issues of communication, change and value creation in Literature the context of two large production networks We are seeing how the development of digital of manufacturing firms undergoing complex technologies is changing a wide range of digital transformation using an IMP activities in society as a whole, which can be perspective and in particular a resource briefly called digital transformation. interaction approach (Hkansson and Technological advances have penetrated our Waluszewski, 2002a). The discussion section daily routine, changing the way we work, our of the essay will answer the following research communication and consumer characteristics questions and create a theory of change that (Aral et al., 2013; McDonald and Russel-Jones, can be applied to the case of changes within 2012). Moreover, digital technologies are industrial networks undergoing gradually meeting the individual needs of transformational change processes such as consumers in order to connect the physical digital transformation in Uzbekistan. world with the digital one (Henfridsson et al., Many scholars classify the current economic 2014). As a result, companies across all structure as a digital economy based on the industries are going through