The Possibilities for Cyber Management Based on Cyber-Physical Systems in the Context of the Formation of a New Model of Development
Purpose: The purpose of the chapter is to examine the possibilities for cyber management based on cyber-physical systems in the context of the formation of a new model of development.
Design/methodology/approach: The research is performed with the help of regression analysis. The authors determine the regression dependence of the indicators for the competitiveness of the public (first pillar: Political and regulatory environment) and corporate (second pillar: Business and innovation environment) management of the indicators for the usage of new information and communication technologies in business (seventh pillar: Business usage), government (eighth pillar: Government usage), and the economy as a whole (ninth pillar: Economic impacts). The work is based on data and empirical materials in The Global Information Technology Report 2016, prepared by the World Economic Forum. The research objects are 20 countries, comprising the top 10 (1–10, developed countries) and the second (31–40, developing countries) in the World Digital Competitiveness Ranking for 2018, compiled by the IMD (63 countries in total are rated).
Findings: It is substantiated that the possibilities for cyber management based on cyber-physical systems in the context of the formation of a new model of development are substantial. The key directions for automatized state management are monitoring and control, statistical accounting, determining violations of the law, information and consultation support, and provision of state services. The key directions for automatized corporate management are economic accounting and reporting, production management, personnel management, and marketing management.
Originality/value: The developed structural and logical scheme of cyber management based on cyber-physical systems shows that such systems could be created at both the micro- and macro-levels using end-to-end (currently actively being developed) digital technologies of Industry 4.0: Internet of Things, AI, and Ubiquitous Computing. This could help to provide the expected advantages and support the announced principles of a new model of development: transparency, accessibility, and full openness of state management, as well as the effectiveness, flexibility, and integration of corporate management.
KeywordsCyber-physical systems Cyber management Cyber economy Industry 4.0 New model of development Internet of things Ubiquitous computing AI Automatization
JEL CodeG34 G38 M11 M12 M15 O16 O31 O32 O33 O38
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