Year: 2023 | Month: May | Volume 68 | Special Issue
The Role of Digital Transformation in Building a Competitive
Economy: a Case Study of Azerbaijan
Kamran Abdullayev
Rauf Allahyarov
Gunay Teymurova
Mahir Zeynalov
Gulnara Fataliyeva
DOI:10.46852/0424-2513.2s.2023.11
Abstract:
The purpose of this study is to examine indicators of digital transformation in enterprises of Azerbaijan by analysing statistical data and forming recommendations for improving this process, considering regional features. In the course of the research, the following scientific methods were used: economic-statistical analysis, rating comparison analysis, deduction and induction, graphical methods. As a result of the study, the main advantages and disadvantages of the digital transformation process are identified. The place of Azerbaijan in the Digital Index rating is determined, the dynamics of the share of informationcommunicationtechnologies in the gross domestic product (GDP) of the country is presented, and an analysis of the ease of establishing and conducting business in the country is conducted an economicstatistical analysis of data from Azerbaijani enterprises regarding the implementation of digital transformation on them was conducted. The following indicators were analysed: the main indicators of the use of information-communication technologies by enterprises, and the distribution of enterprises by the purposes of using the Internet. A number of recommendations were formulated regarding improving the process of digital transformation of enterprises in Azerbaijan.
Highlights
- Digital transformation is a priority in the economic policy of most countries of the world, but along with many advantages, including increasing the competitiveness of the economy in general, it also carries serious challenges for economic entities.
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