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National Interests: Priorities and Security
 

New development forms of information systems for business support during globalization

Vol. 13, Iss. 4, APRIL 2017

PDF  Article PDF Version

Received: 19 December 2016

Received in revised form: 13 February 2017

Accepted: 7 March 2017

Available online: 3 May 2017

Subject Heading: CHALLENGES OF GLOBALIZATION AND THEIR IMPLICATIONS

JEL Classification: C55, M01, О10

Pages: 760-772

https://doi.org/10.24891/ni.13.4.760

Avdeeva I.L. Orel State University named after I.S. Turgenev, Orel, Russian Federation
i-avdeeva-i@yandex.ru

Importance IT systems for business support should be designed and implemented as a priority goal to move the so called Economy 4.0 forward. New development formats of information systems should be based on methods and techniques for Big Data analysis and practical guidelines. Big Data technologies have a positive effect on business growth, and respective benefits will be proportionate to an increase in sophistication of Big Data solutions.
Objectives The research examines contemporary business forms that tend to new methods for IT development. I also overview development prospects of information systems for business support, which will underlie Economy 4.0.
Methods The research relies upon logic, analytical, statistical methods and management by objectives so to study new development forms of information systems for business support during globalization.
Results I analyzed how global IT evolved, identified their development trends in various sectors. The article evaluates future development of Big Data technologies abroad, explains the need to integrate them into various business areas of Russia. Maturity phases of Big Data technologies shape the evolution of any business, thus unveiling the extent to which the technologies penetrated contemporary business processes.
Conclusions and Relevance As I conclude, Big Data technologies is a key trend in information systems development. The contemporary market of information systems keeps on growing through Big Data technologies, analytical data, cloud, social and mobile applications. In the mean time, Big Data technologies and services account for a comparatively small share in the global IT market.

Keywords: economy 4.0, globalization, information systems, Internet technologies, Big Data

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