Challenges and Opportunities in Breakthrough Development in Global Markets

Abstract:

Economy digitalization presents new possibilities for the industry, in particular, in processing sectors and a service sector related to them, as well as possibilities for transformation of production processes and business models and for improved economic growth in the medium and long term. Significant progress has been achieved in many developing technologies such as the Internet of things, big data, cloud computing technologies, artificial intelligence, robotic technologies, industrial production based on additive technologies, new materials, augmented reality, nanotechnologies and biotechnologies. Technological developments like that allow for smart manufacturing, customization, co-production and introduction of other new production methods and business models. However, this new environment also causes problems for enterprises, workers, consumers, governments and other parties concerned. Amid the Fourth industrial revolution not only is the list of cross-cutting technologies changing but also the way of thinking and methodological approaches to the development of scenarios of the leap are fundamentally transforming. It is rather obvious that actively restoring industry will become one of the main drivers of the economic growth in Russia in the nearest future. Promising exponential industrial companies that have the highest leadership potential both in the Russian and the global market will become the main agent for breakthrough development in these conditions. They are national private high-tech export-oriented companies, leaders in terms of development and potential participants of transnational companies basing in Russia.