Vol.9, No.2, May 2020.                                                                                                                                                                                     ISSN: 2217-8309

                                                                                                                                                                                                                        eISSN: 2217-8333


TEM Journal



Association for Information Communication Technology Education and Science

Data Science and Big Data Technologies Role in the Digital Economy


Sergey V. Novikov


© 2020 Sergey V. Novikov, published by UIKTEN. This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License. (CC BY-NC-ND 4.0)


Citation Information: TEM Journal. Volume 9, Issue 2, Pages 756-762, ISSN 2217-8309, DOI: 10.18421/TEM92-44, May 2020.


Received: 21 March 2020.

Revised:   04 May 2020.
Accepted: 10 May 2020.
Published: 27 May 2020.




This article explores the role of Data Science and Big Data technology in the modern digital economy. The author states that large and medium companies from retail trade and service sector show increased interest in using them. These technologies are actively used by banks, mobile operators and large manufacturing companies to analyze data on equipment failures and to reduce downtime, which allows reducing costs. The role of Big Data technology is to be a liquid product and a necessary condition to increase the profitability of enterprises through personalized customer service and predictive analytics. For today's Russian digital economy, it is very important to legalize a single definition of Big Data and to achieve the emergence of special data exchanges.


Keywords –Big Data technology, digital economy,machine learning, innovative technologies, project management based on Data Science.



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