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CURRENT TRENDS IN THE DEVELOPMENT OF BUSINESS
PRODUCTS AND SERVICES IN THE CONTEXT OF DIGITAL
ECONOMY FORMATION
Khasanov Sokhibjon
Master of Tashkent State University of Economics
Abstract:
The present article shows that in the conditions of formation of digital
economy on an international scale, the creation and continuous improvement of
information products and services for all sectors and spheres of the economy,
including bines, is of greater importance. The article shows that the development of
the information component of economic objects is the basis of their competitiveness
in the global economic market.
Keywords:
digitalization, information products and services, competitiveness,
efficiency, software products, optimization, digital transformation, e-commerce.
Introduction
Over the past two decades, most of the information activities of developed
countries have become a major element of market infrastructure and have been
embedded in the structure of market relations. Although the formation of the
information and communication market as a market infrastructure began in the
second half of the 1950s, the structural changes of the last 10 years have turned this
sector into a strategic economic force. Today, this market sector is considered the
basic foundation of the national economy of each country. Because the development
of the world economy requires a modern information and communication
infrastructure. In developed countries, their economic growth is driven by
information, knowledge and intellectual potential. Information and software
products - the basis for the development of economic objects in the conditions of
digital transformation
As the world practice shows, the world's largest research institutions in the field
of ICT (ITU, Gartner Research, IICD, JB infoDev program, UNESCAP) in the field
of processes of formation of digital economy, index of economic development and
ICT consumption, measurement of the impact of knowledge and innovation,
efficiency of AMH research works. The Republic of Uzbekistan is also conducting
a whole range of research in such areas as efficiency of investments in ICT, e-
“JOURNAL OF SCIENCE-INNOVATIVE RESEARCH IN
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government, e-commerce, information society, creation of innovative types of
information and software products and services. In this regard, it is important to
study methodological aspects of the development of information products and
services business in our country.
The development of information products and services business provides
economic development and growth in many ways. That is why developed and
developing countries of the world try to develop ICT business and create new types
of AMX. The largest and most profitable software companies of the world are
located in the USA, 65 out of 100 largest software companies of the world,
announced by "Top 100 Research Foundation" in 2010, are located there. In terms
of the number of companies, Japan and France ranked second and third (Fig. 1).
Figure 1:
Geographic location of the world's top 100 information products
companies.
In terms of exports of software products and related services, India has been
leading the global market for several years now. In this regard, Ireland and China
ranked second and third respectively.
India entered the global software export market in the early 1990s. According to
Nasscom, the software industry grew 58% between 2007 and 2013, accounting for
“JOURNAL OF SCIENCE-INNOVATIVE RESEARCH IN
UZBEKISTAN” JURNALI
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ResearchBib Impact Factor: 8.654/2023 ISSN 2992-8869
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6.5% of India's total ICT outsourcing in 2009. By 2016, annual exports in India's
ICT outsourcing industry totaled $155.2 billion. More than two million people are
employed in this industry, accounting for more than USD. Companies in the United
States and the European Union can be called the main buyers of Indian programmers'
services.
Conclusion
In recent years, the analysis of global economic indicators related to the
information society shows that there are trends of a natural increase in the share of
information products and services in the national economies of developed and
developing countries. From these analyses, it can be concluded that while the
emphasis is on the innovation economy, the economies of countries are growing at
the expense of information products and services, and this sector is the basis of the
innovation economy. The development of the information products and services
sector on a proper scientific basis and based on the experience applied in developed
countries serves the formation of information society and innovation economy in the
country. It should be taken into account that the development of entrepreneurship
and business processes in this sphere is impossible without a thorough analysis of
structural aspects of information products and services, without taking into account
modern trends, without studying its specific aspects. In this respect, studying unique
and important aspects of our country, identifying problems and finding solutions on
their basis is the key to tomorrow's development.
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