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SPECIAL FEATURES OF DIGITALIZATION IN INCREASING THE
EFFICIENCY OF INDUSTRIAL ENTERPRISES
Astanayev Kulmakhammat Sanayevich
PhD, Assoc. Prof.,
University of Economics and Pedagogy
as.kulmaxammat@mail.ru
https://doi.org/10.5281/zenodo.15722151
Abstract:
In Uzbekistan, systematic work is being carried out to ensure the
effective use of the complex of economic potential in the activities of enterprises
based on various forms of ownership, to assess and forecast their economic
efficiency, and to analyze their financial and investment potential using
econometric methods. This article analyzes the development of the digital
economy in modern society in the development of the national economy, the
development of demand for innovative technologies in the digitalization of the
economy, the concept of "Innovation" as an innovation and as an economic
category, and the features of the introduction of innovations in conditions where
digitalization drives economic processes aimed at innovative development.
Keywords:
industrial enterprises, digital economy, innovative economy,
digital transformation, innovative platforms, innovative technologies, network
effect, telecommunications infrastructure, economic networks.
Introduction.
In order to further develop science in our country, educate
young people with deep knowledge, high spirituality and culture, and to rapidly
continue the work begun on the formation of a competitive economy and raise it
to a new, modern level, as the President of the Republic of Uzbekistan Shavkat
Mirziyoyev emphasized, “To achieve progress, it is necessary and necessary to
master digital knowledge and modern information technologies. This will allow
us to take the shortest path to progress. Decree of the President of the Republic
of Uzbekistan No. PF-6079 dated 05.10.2020 On approval of the “Digital
Uzbekistan-2030” strategy and measures for its effective implementation was
published. This embodies a deep meaning and content, because an investment in
science, spirituality and enlightenment is an investment in a great future [1, 2].
Literature Review.
The sources present a number of scientific approaches
to the development of successful hardware for solving the problems of industrial
development from these basic tools. In particular, Z. Vanessa, D. Vikenti and a
number of research scientists cite scientific approaches to the application of the
SEEM-Smart methodology in the electrical engineering industry as a means of
innovative and technological optimization of systems. This study on the
introduction of smart technologies into the system proposes the SEEM-Smart
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methodology as a model aimed at stimulating innovations that better support
the development of Smart PSS[3].
Researcher M. Zanon-Zotin's research uses the global integrated
assessment model (IAM) COFFEE with a detailed representation of industrial
processes to understand the role of the industrial sector in climate change
mitigation scenarios with different temperature ambitions, in the context of
operational research tool citation[4].
Research methodology.
The lack of adequate infrastructure and
systematic marketing strategies to market products produced in regional
industries can be a major problem for enterprises. Limited access to local and
international markets slows down the development of regional industries. In
some regions, the lack of a skilled workforce is one of the main problems in the
development of regional industries. The lack of employees with specialized
knowledge and skills limits the effective operation of enterprises and creates
difficulties in introducing new technologies;
Analysis and discussion of results
. Digitalization is a technological
process that ensures the automation and optimization of all processes in
financial systems. Digitalization in the financial sector includes several main
processes:
Payment systems and electronic banking services: Electronic payments,
mobile banking, online banking services are widespread. These digital services
make it easier for banks to communicate with customers and reduce errors.
Investment and financial consulting: Digital platforms create new
opportunities for investors. Effective investment decisions can be made using
data analytics and artificial intelligence.
Fintech startups and innovations: Digitalization is giving rise to new
startups and innovations in the field of financial technologies. This is not only
enriching the banking system, but also the entire financial ecosystem with new
approaches.
There is no sector in our country where the digitalization of the economy
and digital technologies have not penetrated. Through the digitalization of
processes, the burden of our people is being lifted, and the distance is getting
closer.
One of the greatest achievements of our time, a factor of rapid development
is the digitalization of the economy. This achievement is precisely the fruit of the
development of science and education. The digital economy and a number of
effective technologies related to it are rapidly entering our lives.
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The digital economy is a system of implementing economic, social and
cultural relations based on the use of digital technologies. Sometimes it is also
expressed by the terms Internet economy, new economy or web economy.
Digitalization of the economy, first of all, significantly increases the standard of
living of people, which is its main benefit. Another main aspect is that it is the
main culprit of corruption and the "black economy". Because numbers record
everything, store it in memory, and quickly provide information when needed.
The purpose of the research work is to contribute to the development of the
economy, the development of innovative technologies in the digitalization of the
economy, and the creation of new entrepreneurs to increase the potential and
efficiency of the system. The objectives of the research are to study the stages of
increasing competitiveness and productivity in industry and to substantiate its
specific features, to stimulate an increase in the share of high-tech products, to
increase production, to increase their share in the structure of production and
exports, to identify factors affecting the expansion of the use of innovative
technologies and advanced management. The research problem is to explore the
possibilities of establishing and developing institutions of the digital economy,
creating favorable conditions for the formation of an innovative component in a
modern state.
The purpose of the study is to examine the features of innovation in the
modern conditions of the digital economy. In the conditions of the modern
economy, it is through the development of an innovative economy based on
knowledge that it is possible to achieve the prospects for economic growth and
increase the competitiveness of the state in the world market. Innovation is a
novelty in the form of the final result of scientific and entrepreneurial activity,
interpreted as an investment in a scientific project. Innovation, as an economic
category, is considered as a set of knowledge participating in innovation
processes, and in turn, it is a determining force for technological changes that
provide economic benefits and meet the needs of modern society.
The role of innovation is constantly growing and is associated with the
concepts of innovation, innovation process, innovation potential, innovative
technology, digitalization. This aspect describes the presence of elements of
action that indicate the dynamics of innovative development. The
implementation of priority innovative development occurs due to the effective
influence of internal innovative potential and management. The innovative
development strategy is developed to regulate innovative processes in the state,
effectively use innovative technologies.
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Innovations are characterized by great benefits for the state, since various
levels of innovative activity are reflected in the growth of GDP (as a result of
productivity growth, disposable income of the population and tax revenues) and
ensure the rapid development of individual sectors. At the same time, it should
be taken into account that the main effect of innovations is achieved through
increased productivity and technological breakthroughs in various sectors and
areas, in particular, technological innovations directly increase efficiency
through the introduction of advanced technologies and approaches to the
organization of internal processes.
Digital technologies help improve the efficiency of financial services in
several ways:
Process automation: With the help of digital systems, banks and financial
institutions can automate processes. This speeds up services such as payroll,
borrowing, and deposits and reduces errors.
Increased competitiveness: Digitization increases the quality of services,
which in turn increases competition among banks and other financial
institutions. As a result, more useful services are provided to customers.
Future prospects for digitization are observed in the following areas:
Blockchain technology: Blockchain technology increases security in the
financial sector. These systems help make financial transactions transparent and
reliable.
Digital currency: Centralized and decentralized digital currencies are
creating new opportunities in the financial sector. Cryptocurrencies and CBDC
(Centralized Digital Currency) systems help further develop financial systems.
Hidden digital identification and security: Digital identification technologies
can ensure customer safety and reduce fraud. Biometric technologies and secure
electronic signatures provide new security measures for the financial sector.
Conclusion.
In conclusion, it should be said that in the current period of
human development and in the near future, the qualitative development of
economic sectors, the social sphere and the state administration system is
directly related to the widespread introduction of digital technologies. The
prospects for the development of our country also depend on the development
of the digital economy and the level of coverage of digital technologies.
Digitalization plays a significant role in increasing the efficiency of industrial
enterprises. Digital technologies create opportunities in areas such as
automation of production processes, efficient use, data analysis, and
strengthening quality control. At the same time, digitalization is necessary not
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only to optimize production processes, but also to increase innovation growth
and competitiveness for enterprises.
References:
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