Key conclusions
Digitalization becomes the key to competitive advantage for companies
“The first thing we start with when we talk about industry is its automation. It is important to understand that digitalization itself cannot be a value. Digitalization is what makes production better, more cost efficient, and more effective, increases its competitiveness and productivity,” Vasiliy Shpak, Deputy Minister of Industry and Trade of the Russian Federation.
“Ninety percent of the largest companies (by capitalization) work in the field of information technology. This means that companies get a competitive advantage thanks to data, or date in other words. They used to get it from natural resources, energy opportunities, and minerals, now it is a date and how effectively we analyze and use this date,” Ashot Muradyan, Deputy Chairman of the State Revenue Committee of the Republic of Armenia.
Russia can make digital technologies an export item in demand
“Digital technologies are obviously becoming the basis of technological sovereignty. We need to long to the export model of this technological sovereignty. Overall, we are ready for this. In our understanding, the export model of technological sovereignty will become a service one we will offer to our partners as a full range of services, the entire life cycle,” Vasiliy Shpak, Deputy Minister of Industry and Trade of the Russian Federation.
“I would like to express my gratitude to our partners in all countries where we are represented and work. These are, at the moment, all the EurAsEC countries and Uzbekistan – six countries altogether. The use of a single technology within a single market obviously has technological and economic advantages. Interestingly, in the new reality we see a certain demand for our technology in countries that go beyond the list of those presented here. It is clear that this is happening because Russia has a unique technology that is implemented not just on slides, but in real life and is in high demand,” Mikhail Dubin, Chairman of the Board of Directors, Advanced Technologies Development Center (ATDC).
PROBLEMS
Citizens are concerned about the safety of their personal data
“A huge number of people are very afraid to give their data. Recently, some high-profile events took place in this regard, for example, the leakage of data from food delivery companies,” Andrey Tsyper, Executive Director of Media, Rambler&Co.
“The more open the data, the faster the economy develops. The more protected the data, the safer people feel. Those leakages contained building numbers, apartment numbers, floor numbers, intercom codes and other details of how to get through. This is a perfect database for burglars,” Alexander Chernoshchekin, Senior Vice President, Head of the Medium and Small Business Unit, Promsvyazbank.
Data protection does not allow businesses to develop their services faster
“The data accessibility for legal entities and, first of all, for banks significantly affects the credit accessibility. The more data we see, the better access we have to it, the better and cheaper we lend money to our clients, and thus we make a significant contribution to the final GDP growth. In this regard, it is important for us to have access to tax data,” Alexander Chernoshchekin, Senior Vice President, Head of the Medium and Small Business Unit, Promsvyazbank.
“It makes sense to open the data to business since it is beneficial to the state. Interested in this data business cleans it itself. As a result, the state has a really high-quality tool. This allows us to return to the same business with additional opportunities,” Mikhail Dubin, Chairman of the Board of Directors, Advanced Technologies Development Center (ATDC).
SOLUTIONS
The state, business, and consumers benefit from the labelling system
“The state is forming a unique data field that allows, on the one hand, on the basis of medicines for example, to avoid shortages, and on the other hand, to make decisions regarding the distribution of supply chains, the transfer of balances across regions, and the monitoring of margins,” Mikhail Dubin, Chairman of the Board of Directors, Advanced Technologies Development Center (ATDC).
“It is important for us, ordinary consumers, what medications we take or what kind of water we drink. I asked about the beneficiaries because it is clear that there is the state with a fiscal function, there is a function of whitewashing business, but this is, of course, very important for consumers as well”, Vladimir Lavitsky, Head of Publishing Syndicate Service, Kommersant.
“The option to track each of these 210 million servings of ice cream across the country, to locate a region and a store, to check available stock is certainly a great gift for business you cannot value in terms of money. The second point is the planning of regional sales”, Armen Beniaminov, Vice President, Chistaya Liniya.
Participation and assistance of the state in the development of the data economy are important
“We are interested in creating, financing and emerging of large companies in various promising technological industries: cybersecurity, EdTech, or anything related to the digitalization of housing and communal services. We believe that such companies will have a great effect for the development of an industry and third-party services”, Alexander Demyanov, Managing Director, State Development Corporation VEB.RF.
“One of the most important tasks at the current phase, both on the part of the state and on the part of business, is to deal with myths about the possible use of data. There was a struggle for it for a very long time. As we finally learnt how to accumulate it, it is time to start using it properly. Algorithms should lead to proper use. There are still problems with it”, Andrey Tsyper, Executive Director of Media, Rambler&Co.
“The main goal for us is to create such operating conditions so that any transaction in the economy has its digital footprint and is monitored by tax authorities”, Jahongir Abdiev, Deputy Chairman of the State Tax Committee of the Republic ofUzbekistan.
