Russian Week of High Technologies 2019: digitalisation sets new challenges

24 / 04 / 2019

"Digital transformation of the telecom industry: strategy 2024", this was the name of the conference within the Russian Week of High Technologies 2019 held at Expocentre Fairgrounds.

The conference organised by the RBC media holding was attended by representatives of government, business, and industry experts. They discussed successful strategies for diversification of telecommunications business, import substitution in the telecom market, creation of telecommunications infrastructure, development of 5G networks, and many other important issues of practical importance to telecom market players.

Head of the RBC Telecommunications Department Anna Balashova, in particular, noted that a significant part of telecommunication equipment was imported. The main reason is unequal economic conditions of domestic producers compared to those of the main foreign competitors. The state is developing measures to support Russian industry companies in the form of increasing import duties on imported equipment as well as tax allowances and insurance premiums.

During the discussion, it was mentioned that the traditional business of telecommunications companies was becoming a thing of the past setting new tasks for them and opening up opportunities for growth. The future of the industry is directly related to such concepts as the Internet of Things, cloud services, transition to 5G, Big Data technology, mobile finances, development of converged communication services, methods of the content monetisation, etc.

Professional audience provided an extensive feedback on the discussion of smart city technologies and new opportunities that their introduction opens up for the telecommunications business. It was noted at the session held by the Editor-in-Chief of RBC Nedvizhimost Ignat Bushukhin that Russian cities were drastically changing today. Smart technologies penetrate into the life of not only megacities, but also small urban entities. According to the moderator, the interests of immovable property and classic telecom find synergy in the city.

Representative of the Russian Ministry of Construction Elena Semenova told in detail about the Smart City interdepartmental project. She, in particular, noted that the project goal was to make our cities more comfortable and safe for residents. The project provides for a complex of activities in cities with population of over 100 thousand people in such areas as urban management, renovation of the urban environment, public safety, transport, ecology, housing and community amenities, etc. The Smart City concept focuses on technological efficiency of the urban infrastructure, improvement of the quality of urban resources management, economic efficiency including the service component of the urban environment.

At other conference sessions devoted to telecommunications start-ups and new markets, experts stated that the rapid development of information and communication technologies was fundamentally changing all industries. Digitisation of data makes processes faster, streamlined. Traditional business models are giving way to new ones. Diversification of business and access to new markets will be the key to the future success.

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Press Service, Expocentre AO