Digital Economy

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The unprecedented disruption by COVID-19 is accelerating the urgency for digital services and economies.

The unprecedented disruption by COVID-19 is accelerating the urgency for agility, adaptability and transformation. Industry structures and business models are being disrupted – and the digitalization of the economy is being rapidly accelerated. An estimated 70% of new value created in the economy over the next decade will be based on digitally enabled platform business models. Russia is an example of a country where the government see the need to accelerate the digital economy through major public expenditure in infrastructure to support the growth of the domestic digital as a member of the global digital economy.