On November 13, 2019, at the Financial University the TEDS conference was held.
Here we publish the results of the Conference:
The conference was traditionally attended not only by Russian specialists from cities such as St. Petersburg, Ivanovo, Moscow, Yekaterinburg, Rostov-on-Don, but also by foreign guests - from Italy, Armenia, Belarus, Kazakhstan and Pakistan. The key event of the the conference was the plenary session, which considered the development of Industry 4.0 and changes in the behavior of companies.
The head of the Management Department of the Financial University under the Government of the Russian Federation, Professor, Doctor of Economics, spoke about the impact of new technologies on the electricity market and improving the energy efficiency of industrial companies. Arkady Trachuk. He focused on the fact that the energy sector is facing a new challenge associated with the transformation of business models based on IoT technologies, the emergence of new configurations of power systems, and the market growth for distributed generation technologies. These trends entail a transformation in the behaviour of energy market participants. The demand response phenomenon has become more widespread, which in practice means a transition from a passive consumer, when a citizen only buys electricity, to an active consumer who effectively manages his consumption.
Consequently, new participants in the energy market appear, who are both consumers and producers of energy. The speaker presented the results of a study conducted in 2018 by a team of researches of the Management Department and focused on studying new technologies in the energy sector, determining their impact on consumer behaviour. Within the framework of this study, a computational model has been formed, which makes it possible to assess the economic effects of the introduction of new technologies in the electric power industry, and also a maturity index has been developed to assess the possibilities of industrial companies to switch to an active consumer model.
Professor at the Polytechnic University of Bari (Italy) Umberto Panniello spoke about the technologies of entrepreneurship in a digital society. The expert is convinced that modern technologies have a significant impact on existing business models. The transition to Industry 4.0 has become a driver for the digitalization of companies around the world. Still, in order for the digital revolution to really take place, many advanced solutions have to be mastered and implemented.
The most promising for Professor Paniello are: additive and cloud technologies, augmented reality, computer modeling, the Internet of things, Big Data and cybersecurity technologies. Another striking trend is personalization: today users want to receive an exclusive product or service, but the personalization strategy depends on the characteristics of the interaction between the user and the business (the maturity of their relationship, the complexity of interaction, and a number of technological factors). At the same time, the characteristics of their interaction can change under the influence of evolutionary factors and can lead to a change in the personalization strategy.
Lorenzo Ardito, professor at the Polytechnic University of Bari (Italy), specializing in business strategy and sustainable development, focused on innovation in the field of entrepreneurship and how it affects different segments. According to the scientist, modern economic development and environmental responsibility are compatible concepts. In doing so, companies should follow a threefold approach that balances environmental, social and economic considerations in their decision-making process. As part of the transition to sustainable development, businesses should pay close attention to the innovative component of their activities. Professor Ardito illustrated the pros and cons of this approach using the example of electric vehicles, mentioning the environmental impact of the transport of the future, what characteristics it has and how it corresponds to the concept of sustainable development. During his speech, the speaker noted that electric vehicles are indeed an effective innovation. Still, they are losing out to traditional cars, since, for example, disposal of a battery has a harmful effect on the environment. Summing up, the speaker emphasized that the transition to sustainable development cannot be quick since we are talking about forming a new culture.
Professor of the University of Padua (Italy) Patricia Garengio is convinced that in order to improve efficiency, it is necessary to introduce a system of its measurement because the more mature the system is implemented, the more mature the company demonstrates. Measuring performance refers to assessing, identifying, marking critical differences between actual and desired outcomes and understanding the underlying reasons for taking corrective action to address any gaps, including in the company's performance.
After the plenary session, the work continued in sections:
"TEDS. Innovation and Technological Entrepreneurship ";
"TEDS. Sustainable Development and Entrepreneurship ".