Digital Transformation of the Russian Economy: Incentives and Barriers

Abstract:

Today, digital transformation is one of the main drivers of economic growth. Businesses that can embrace flexible work models and adapt to change have more room for growth than ever. Russian companies have a unique chance to realize their potential in the course of the digital revolution and take their rightful place among the key players in the global market. Despite the presence of objective constraints, companies are transforming, and the state is developing new support mechanisms. The article discusses the main factors stimulating the introduction of digital technologies into the practice of Russian enterprises, as well as the barriers hindering the development of digitalization in Russia.