Cooperation of International Organizations and Private Sector is Key to World Digital Transformation

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Cooperation of International Organizations and Private Sector is Key to World Digital TransformationSource: Private Sector Cannot Discover a Way AloneSource: Digitization is the core tool for cooperationSource: Proper collaboration creates a secure environment
Cooperation of International Organizations and Private Sector is Key to World Digital Transformation
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Cooperation of International Organizations and Private Sector is Key to World Digital Transformation
The world is constantly confronted with numerous and global challenges that lie through the digitalization of the economy.
Food quality, climate change, living standards, health, preservation of natural resources, education, and community and social relationships are international subjects affecting the wellbeing of the whole of humanity. Therefore, only joint efforts, international programs, and innovative technologies can help to find solutions.

Private Sector Cannot Discover a Way Alone

To unite the world in the struggle for our survival and prosperity, we need to digitize both local economies and the global economy. Digitization is the core tool for efficient international cooperation. When everyone understands the lack of digitization, the main point is the choice of the path and technologies for its launch.

The obstacle is that the real sector has been disconnected from digital technologies for too long, and it is challenging for companies to find the technology that will work for them. In addition to economic benefits, technological transformation should bring companies greater efficiency, better handling, transparency of supply chains, security, and confidence in the quality of products.

A lot of traditional consulting companies and even more startups offer different approaches using diverse technologies and their combinations. The private sector should find solutions that match existing models and are flexible and secure adequately. However, lots of digital opportunities are confusing, and the risks of being mistaken are too critical, especially for global companies. It turns out that companies cannot make decisions alone.

Best Solutions Need Cooperation

Now the world is at the crossroads, choosing technological gear for its future, and experiments, investigations, and research are keys to make the right choice. The situation requires the involvement of government agencies and global organizations. Government and the intergovernmental structures should support companies in launching the digital transformation process.

In addition to research projects, it is important to maintain and broadcast pilot launches. The first steps in the global process will show where to focus the efforts of tech providers, companies, and governments. In the overall global process of finding, customizing, and adopting technologies, the role of UN organizations, NGOs, and nonprofit organizations becomes incredibly important. They aim to develop a methodology for the transition to the digital economy and create frameworks for launching pilot projects.

Not only support but also consultation and close interaction of program participants will make the global digitization profitable. Proper collaboration creates a viewable, transparent, secure, and sustainable environment for economic development. It will become a well-trodden path for private businesses, - prepared guidebooks and formed flexible approaches.
Source: Private Sector Cannot Discover a Way Alone
Source: Private Sector Cannot Discover a Way Alone
Source: Digitization is the core tool for cooperation
Source: Digitization is the core tool for cooperation
Source: Proper collaboration creates a secure environment
Source: Proper collaboration creates a secure environment
Programs on the Road to the Digital Age

International organizations have already launched programs pointed at finding the shift to the digital economy. For example, FAO, actually as a global government for food and agriculture industry, launched Hand-in-Hand Initiative to bring technologies to the agricultural sector. The program’s projects are aimed at overcoming hunger for sustainable development of the agricultural sector. The WTO also manages programs and initiatives to support entrepreneurs applying technologies and launching pilot projects. The WTO focused on promotion of economic and social development, improvement of infrastructure and services, transparent budgetary processes, innovative financing, and enhanced implementation.

These are the grains from which the new global economy will grow. However, they need good soil - support from local government structures.

The search for a methodology and better paths to digitization cannot evolve when it is locked within the framework of several industries. The transition to digital management cannot be the initiative of one organization, company, or even industry. This should be a consolidated decision of the governments and the private sector.

Understanding this, the UN is looking for solutions for international interactions. The fact that different countries have different policies concerning technologies can become an obstacle to global digitalization. Research, discussions, publications, and reports are the first steps towards a systems approach.

FCE has the tools to make digitization real and accessible to everyone. A unique combination of technologies for secure data collection and storage, the System of Smart Sensors of the Internet of Things, and other tools for digitizing the workflow have already been developed and ready for the first pilots.

A systematic approach will help a smooth shift to the digital age. Participation in ongoing international programs, launching new ones, developing a dialogue among nations, between government and the private sector, close cooperation, and continuous communication are essential requirements for achieving collaborative solutions, successful employment of technologies and a smooth transition to a digital economy. A well-managed digital economy means resolving a variety of pressing complex problems and a more reliable and accessible world.




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