The Role Of Data Management In Resource Recycling

Abstract:

At the current stage of social development, the need for digitalization of waste management manifests itself as an unresolved issue of its own. Its nature, patterns, specific features, and ways of solving this problem need to be thoroughly studied. This attests to the relevance of the presented study, which is aimed at analyzing the role of data management in the field of waste management. Today's global problem – the exhaustibility of natural resources – challenges the society to eschew the traditional resource-based economy in favor of economic development through industrial reproduction. This study shows the fundamentals of economic transformation based on the resource factor and formation of innovative resource potential, establishing data management as a component of such potential and providing a theoretical framework for resource recycle in connection with digital technologies.

The study also substantiates that development of digital information systems in resource recycling is a basic prerequisite for its implementation, identifies a number of areas for the application of digital technology, determines the scope of activities and goals for the implementation of digital information systems, and examines the prospects of resource recycling using digital technology as well as the risks of neglecting such technology.