Changes in the world show that Azerbaijan, like all countries, needs to deepen the digitalization of the economy, Director General of AzerTelecom Fuad Allahverdiyev told local media, noting that currently, reforms on building digital economy are underway, and large-scale public and private programs are being implemented. A partnership is being created between the state and private owners to promote the country as a digital hub at the global level and apply digital technologies, he added.
“Major content providers such as Facebook, Google, Netflix, Amazon, Alibaba, and Tencent attract Azerbaijan to meet the traffic needs of Asian countries, and, as a result, this creates an opportunity for Azerbaijan to become a digital center,” he said. “Successful implementation of the program will ultimately create conditions for the formation of a digital ecosystem in Azerbaijan, the creation of a digital economy, and an increase in the share of the digital sector in the economy. Looking at the economic indicators of different countries, we see that the share of the digital sector of the economy is multidirectional.”
According to the World Economic Forum, in the next decade, 70% of the new values in the economy will be created on the basis of digital platforms. Google predicts that by 2025 the volume of the digital economy in Southeast Asia will triple and reach $240 bln.
“Given the importance of building a digital economy, countries around the world are taking various initiatives. Countries such as the US, the UK, France, Norway, Qatar, China and Russia have created specialized agencies and adopted national programs in this field for more efficient progress in building a digital economy and making digital transformation processes more efficient,” he stressed.