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December 2018 www.intellinews.com I Page 7
In addition, UEC is working on a digital platform that would allow it to optimise processes at all of its production and R&D divisions.
But while leading Russian companies have made considerable progress in digitising, most other enterprises are still lagging behind.
"Russian businesses are moving too slowly, especially in traditional sectors," the World Bank said in a report published in October 2018. "As
such, digital transformation must be enforced in large traditional enterprises and [state owned enterprises], which would create demand for innovation in their respective ecosystems."
According to the World Bank, the focus should be on sectorial and cross-sectorial digital platforms, which grow into seamless horizontal digital ecosystems, enable the emergence of new business models, innovation and private sector competitiveness.
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