INTERNET PLUS" ERA: DIGITAL TRANSFORMATION IN ECONOMIC MANAGEMENT

Authors

  • Michael Thompson Tianjin Institute of Technology, Seoul, South Korea

Keywords:

Enterprise transformation, Economic management, Informationization, Modernization, Big data, Artificial intelligence, Innovation.

Abstract

In the era of the 14th Five-Year Plan and the low-carbon economy, enterprises are experiencing a significant transformation driven by technological advancements and market dynamics. This transformation is characterized by the integration of digital technologies, particularly big data and artificial intelligence, into economic management practices. Enterprises are proactively embracing the "Internet plus" era and modernizing their operations to align with the evolving market landscape. The central theme of this transformation is the shift toward informationization and modernization in economic management. Enterprises are recognizing the need to standardize, refine, and specialize their economic management practices to remain competitive and resilient. This transition is not only a response to government policies but also an intrinsic initiative to adapt to changing market conditions. As businesses navigate this critical juncture, they must explore innovative economic management models that leverage the power of data-driven insights, automation, and artificial intelligence. These advancements have the potential to revolutionize decisionmaking, optimize resource allocation, and enhance overall operational efficiency. In summary, the 14th Five-Year Plan and the low-carbon economy are propelling enterprises toward a new era of economic management. This abstract explores the imperative for enterprises to embrace informationization and modernization as they seek to thrive in an increasingly dynamic and competitive business environment.

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Published

2024-04-30

How to Cite

Thompson, M. (2024). INTERNET PLUS" ERA: DIGITAL TRANSFORMATION IN ECONOMIC MANAGEMENT . Contemporary Journal of Management and Economic Research, 11(2), 40–46. Retrieved from https://aydenjournals.com/index.php/CJMER/article/view/460

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Section

Articles