Russian industrial sector in the conditions of the Fourth Industrial Revolution

Abstract

The Fourth Industrial Revolution is taking on an ever-increasing scope in the world. The construction of the digital economy is the core of the revolution. Russia's potential in digitalizing the economy is promising. The potential effect on Russia's GDP from digitalization of the economy by 2025 is estimated at 4.1-8.9 trillion rubles, which is 19-34% of the total increase in GDP. The purpose of the study is to describe and to analyze the current state of the Russian industry under the conditions of the Fourth Industrial Revolution with a focus on the agile management methodology in industry. It is a review-based work. Theoretical and practical aspects of agile management are presented. It is concluded that the agile approach in industry corresponds to the goals of the Russian economy at the present stage of the development of the world community.

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