BAKU, Azerbaijan, May 21. Azerbaijan’s oil
trade has all the probabilities to guide the digital transformation
course of within the listing of industries with a excessive stage of such
transformation, CEO of Russian DIS Group Pavel Likhnistkiy informed
Trend.
According to Likhnistkiy, main banks in Azerbaijan maintain excessive
positions within the rankings within the subject of innovation, which is due
to the defining function of the oil trade within the nation’s economic system,
in addition to the agitating demand for Azerbaijani oil because of the
dramatic change within the international financial scenario.
“In many international locations, industrial corporations, together with the gasoline and
vitality sector, are within the second echelon of digital transformation,
however Azerbaijan is exclusive in that the oil trade right here has all of the
possibilities to guide this course of,” he stated. “The rising demand, first
of all, from the EU international locations and Turkey, requires a radical change
within the enterprise technique, manufacturing progress and logistics
restructuring within the shortest time. To date, digital transformation
primarily based on knowledge stays the one efficient software for such large-scale
enterprise adjustments.”
He additionally famous that telecommunications and the banking sector
historically head the listing of industries with a excessive stage of
digital transformation, and on this sense, Azerbaijan isn’t any
exception to international tendencies and the achievements of the Azerbaijani
telecom in creating good knowledge are acknowledged internationally.
“The transition to a digital society is without doubt one of the key factors of
Azerbaijan 2030 technique. This means bettering the digital literacy
of the residents and creating worth via data-driven
improvements,” the CEO additional stated. “It requires a excessive stage of
digital maturity, strategic decision-making and implementation of a
knowledge administration tradition. Active authorities assist accelerates this
course of. Azerbaijan’s expertise right here matches that of nations
corresponding to Singapore, India, and Russia.”
Besides, in line with Likhnitskiy, since Azerbaijan’s economic system
and enterprise present a gradual optimistic dynamics, excessive demand will be
predicted for knowledge monetization options within the subsequent few
years.
“We are speaking not solely about exterior monetization – for
instance, on the expense of bettering gross sales effectivity – but in addition
about inner monetization on the expense of price discount.
Business course of optimization and knowledge monetization via IT
analytics options come to the fore,” he famous.
“Data-driven analytics can speed up the event of each
the enterprise as an entire and its particular person features. In the
future, for not less than 5 years, this pattern will decide the
growth of digital transformation of Azerbaijani enterprise,”
added the CEO.
