Fostering Sustainable Development: The Crucial Impact of Digital Technologies
Fostering Sustainable Development: The Crucial Impact of Digital Technologies

Summary/Abstract: This article delves into fundamental characteristics of emerging digital technologies and explores their potential applications in both the economic and social realms. A comprehensive understanding of these technologies is deemed essential for making informed decisions concerning effective digitization processes aligned with the strategic goals of a company. The article delineates opportunities for transforming business processes and models through digitalization within the context of sustainable development, circular (green) economy, and additive manufacturing. In addition to cognitive competencies in economics, contemporary management necessitates proficient skills for the successful application of cloud technologies, artificial intelligence (AI), and software designed for large database analysis (big data computing) in the execution of innovative projects. The primary objective of this article is to scrutinize the role of digital technologies and their interplay with sustainable development. Employing content analysis, comparative analysis, and synthesis as research methods, the article derives key findings and conclusions regarding the intricate relationship between digitalization and sustainable development.

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