1 Mar '19
Russia ranked 31st among the 33 economies included in a global Business Digitalization Ranking compiled by the Higher School of Economics (HSE), the U.S.-Russia Business Council (USRBC) reported.
The ranking evaluates economies’ “adaptiveness to digital transformation,” including the use of broadband Internet, cloud computing, electronic identification (RDIF) technologies, and enterprise resource planning (ERP) systems.
The HSE noted that 18% of Russian companies still had no broadband Internet access. Only 12% of Russian firms used online sales, 23% used cloud services, and only 6% used RDIF technologies.
Russia’s place in the ranking was next to some other Eastern European economies including Poland, Hungary and Bulgaria.
Finland was placed at the top of the ranking, followed by Belgium, Denmark and South Korea.
A study released by the Moscow School of Management Skolkovo in November 2018 attributed Russian companies’ limited use of digital technologies to insufficient employee training, low investment in new technology, underdeveloped telecommunication infrastructure in many Russian regions, and outdated regulations in the digital area.