Digital economy

The ability to adapt is critically to future successes. To survive and thrive the leaders must focus their strategies on two overarching goals: maintaining a competitive advantage and enabling the ability to win in a way that embraces rather than resists change. In the 21 century, an adaptive business is typically powered by digital technology, prompting many organizations to pursue digital transformation.

The digital economy is a portmanteau of digital computing and economy, and is an umbrella term that describes how traditional brick-and-mortar economic activities are being transformed by Internet, World Wide Web.Digital Technology Improves how you Engage With Consumers and Enhances Customer Experience. Customer satisfaction, loyalty and retention have always been important for business survival and growth. 

Digital technologies have advanced more rapidly than any innovation in our history – reaching around 50 per cent of the developing world’s population in only two decades and transforming societies. By enhancing connectivity, financial inclusion, access to trade and public services, technology can be a great equalizer.

Digital technology has changed the way we live, play, communicate and work.

Digital transformation can improve profitability, boost speed to market for products, and leverage customer satisfaction into loyalty.

We currently live in the digital age. As technology continues to develop, we’ve seen fascinating innovations throughout the years. 

The President of Turkmenistan signed the Resolution, having approved the Concept of Development of Digital economy in Turkmenistan in 2019 – 2025. The document reflects current condition of national system of information and communication technologies, goals and objectives of the Concept, ways and methods of its implementation and expected outcomes.

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Rozyyev JUMAMYRAT,

student of the Agroindustrial secondary
vocational school in Turkmenabat
of the Turkmen Agricultural University named after S.A. Niyazov.

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