EFFICIENCY OF DIGITAL TRANSITION IN INDUSTRY: RUSSIAN EXPERIENCE
V. V. Akberdina
Institute of Economics of the Ural Branch of the Russian Academy of Sciences, Yekaterinburg, Russia
e-mail: akberdina.vv@uiec.ru
Abstract. The article is devoted to the study of the digital transition’s effectiveness in Russian industry. The purpose of the study is an in-depth analysis of budgets for digital transformation in industrial sectors, as well as their relationship with the effectiveness of production. The study has the following theoretical frameworks: the concept of the fourth industrial revolution, the theory of innovation management and the concepts of digital maturity. The main research methods are structural and comparative analysis. The author obtained the following results: the structure of budgets for digitalization is investigated, the main cost items are highlighted; individual characteristics of each industry are shown. The analysis of «digital» budgets in the Russian industry showed a significant differentiation of industries both in terms of the amount of costs and their structure. The scientific novelty of the article is the matrix of the «digital» budget efficiency and the production growth index. The matrix shows that a number of industries with large absolute values of «digital» budgets are characterized by a rather low relative value and medium growth rates. These industries turned out to be raw materials industries such as oil and gas extraction and processing, metallurgy and the food industry. The study also confirmed the conclusion that the amount of financing for the digitalization of industrial enterprises is not always the main factor in the digital transition. If these costs do not work to increase efficiency (production volumes, growth rates), then the problems may lie deeper, for example, the discrepancy between the goals of digitalization and business goals, the lack of involvement of management in digitalization and organizational weakness of business processes, low digital culture at the enterprise, etc.
Key words: digital transition, industry, efficiency, digitalization costs.
Acknowledgements: The article is funded by the state assignment of the Ministry of Education and Science of the Russian Federation for the Institute of Economics of the Ural Branch of the Russian Academy of Sciences, the project «Forecasting the transformation of industry in industrially developed regions in the conditions of the industrial ecosystems’ creation and new institutions of regional industrial development».
Cite as: Akberdina, V. V. (2023) [Efficiency of digital transition in industry: Russian experience]. Intellekt. Innovacii. Investicii [Intellect. Innovations. Investments]. Vol. 1, pp. 10–18, https://doi.org/10.25198/2077-7175-2023-1-10.
