Digital Transformation of Key Industries to Be Discussed at SPIEF
The ‘Technologies Shaping the Future’ track of the St. Petersburg International Economic Forum will feature three sessions devoted to the digital transformation of economic sectors.
One of the main sessions with this focus will be devoted to digital technologies in industry. Russia has set the goal of increasing non-resource and non-energy exports to USD 250 billion per year by 2024. The digital transformation of industry is seen as key tool for its implementation and will result in the increased competitiveness of Russian products and the country’s integration into global commodity chains. Increased labour productivity is another anticipated result of digitalization. In modern Russia, labour productivity amounts to roughly USD 26 per hour, which is three times less than in Germany and the United States, and two times lower than the OECD average. The session will be moderated by Digital Economy General Director Yevgeny Kovnir and will feature the following participants: Skolkovo Foundation Chairman of the Board Viktor Vekselberg, Norilsk Nickel President and Chairman of the Management Board Vladimir Potanin, Ericsson President and CEO Borje Ekholm, and Nokia Solutions and Networks Senior Vice President for Europe Jan Van Tetering, among others.
The ‘Digital Subsoil Use’ session will answer the question of why the digitalization of subsoil use is important for Russia today. Geological exploration is a strategic industry on which Russia's economic development depends. The potential economic effect of the Russian economy’s digitalization could increase the country’s GDP up to RUB 8.9 trillion, which amounts to 34% of total expected GDP growth. The session will be moderated by Rosgeology General Director and Chairman of the Executive Board Sergey Gorkov. The panellists include: Russian Minister of Natural Resources and Environment Dmitry Kobylkin, Russian Academy of Sciences President Alexander Sergeyev, and InfoWatch President Natalya Kasperskaya, Chairman, Managing Director of Srei Infrastructure Finance Limited Hemant Kanoria, among others.
“The introduction of modern technologies will provide a new impetus to the development of geological exploration – a strategic sector on which our country’s prosperity depends”, Sergey Gorkov said.
The issue of cybersecurity will be discussed during the session ‘Digital Frontiers: By Limiting Cyberspace Are We Limiting Opportunities?’ Along with the widespread digitalization of processes and all sectors of the economy, new technological challenges and threats are emerging. Information has become the most valuable and vulnerable asset, and nowadays not only the state, but major companies as well are becoming responsible for the security of their customers in the digital environment. As the free Internet develops, more and more digital boundaries are being built to protect users in cyberspace. What awaits us in the future – segmented Internet or carte blanche? What does a safe and transparent digital world look like? And do we have a chance to achieve it? These questions will be discussed by the session participants, including Kaspersky Lab General Director Eugene Kaspersky and MTS President Alexey Kornya. The session will be moderated by Sberbank Deputy Chairman of the Executive Board Stanislav Kuznetsov.
The Russian Direct Investment Fund anticipates the biggest ever number of its partners to attend the St Petersburg International Economic Forum, the total capital under their management amounting to over USD 8 trn. This was announced by RDIF Head Kirill Dmitriev at an extended panel of the Ministry for Economic Development.
Russian Minister of Energy Alexander Novak met with Saudi Arabian Minister of Energy, Industry, and Mineral Resources Khalid Al-Falih in Baku on the eve of the 13th meeting of the OPEC-Non-OPEC Joint Ministerial Monitoring Committee.
A meeting has taken place to discuss plans for the upcoming 25th World Energy Congress, which will be held in 2022 in St. Petersburg. Among those in attendance were Deputy Prime Minister of the Russian Federation and Chairman of the WEC 2022 Organizing Committee Dmitry Kozak, Advisor to the President of the Russian Federation and Executive Secretary of the WEC 2022 Organizing Committee Anton Kobyakov, Chief Executive Officer of the Roscongress Foundation Alexander Stuglev, and Chairman of the World Energy Council Jean-Marie Dauger. Dauger’s visit coincided with the Russian Energy Week International Forum, which is running from 2 to 6 October in Moscow.
“Digital economy is a new paradigm for the development of the state, the economy and society.”
To the participants, organizers and guests of the St. Petersburg International Economic Forum 2019
I extend warm greetings to all the Forum participants and guests.
For more than two decades now, the Forum has been contributing in significant ways to finding answers to the key questions the world is facing today, and shaping a meaningful and constructive agenda for far-reaching international cooperation in the interests of sustainable and balanced development. This year government officials, prominent politicians and experts, as well as business leaders and researchers, will come together to discuss the future of the Russian and global economy and exchange views on various matters related to digitalisation and the technological challenges, as well as such urgent problems as climate change and growing social inequality.
We are all, undoubtedly, committed to promoting peace and security in the world, preserving and multiplying the cultural heritage of humankind so that people from across the world can fulfil their potential, get an education and work in dignity, confident in the future of their children. In order to deliver on these objectives, we need an economy that is strong and effective, honest and transparent global trade rules, free exchange in investment and technologies, and competition that is healthy and fair. Russia is open to proactive and equitable cooperation with all countries, regional and international organisations for achieving overall economic growth, developing transport, energy and telecommunications infrastructures, and promoting integration processes, including in Eurasia and the Asia-Pacific Region.
I strongly believe that the recommendations developed at the Forum and the agreements signed on its sidelines will serve the cause of enhancing international partnerships and building a prosperous future for our countries and peoples.
I hope you enjoy fruitful communication and wish you all the best.