Prospects for smes in Moldova in a world of revolutionary change: challenges and opportunities

Анотація

Like any processes taking place in the world, the revolutionary changes associated with the Fourth Industrial Revolution have two sides. Their inevitability is no longer in doubt, therefore, proof of the need for transformations at enterprises is not required. So, the changes taking place in today’s world are associated with the emergence of new technologies that, until today, for the most part were not known and have not yet been fully studied. This is primarily due to artificial intelligence, which today penetrates into all areas of our lives and leaves no choice for companies, because. organizations that use it are distinguished by increased efficiency hundreds, and sometimes thousands of times. Industrialization 4.0 technologies are all about disruptive innovations that uncompromisingly lead to changes in companies’ business models. How to cope with the challenges of the external environment for small and medium-sized enterprises, which are limited by their characteristics in terms of the number of personnel, financial resources, and often the lack of opportunities to introduce advanced technologies due to a lack of skills, knowledge, and understanding. At the same time, we note that in the Republic of Moldova the overwhelming majority of companies are organizations of this type (today their percentage is 98,6 % of the total number of enterprises in the republic).