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Azerbaijan reveals nationwide SME digitalization program progress

Economy Materials 30 September 2024 16:36 (UTC +04:00)
Azerbaijan reveals nationwide SME digitalization program progress
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, September 30. The digitalization program for small and medium-sized enterprises (SMEs) in Azerbaijan is currently in its third phase, Elturan Ahmadbayli, head of the SME digitalization program, said during the presentation of the platform in Baku today, Trend reports.

"The program consists of four implementation phases. According to the project leader, the program includes the following phases: market research, analysis of global experiences and local SMEs, meetings with suppliers, and the implementation of projects within the program.

The second phase, titled 'Program Concept Development', focused on three main areas: creating the Digital Competence Index (RYI), establishing a platform for RYI assessment, and engaging with suppliers.

The third phase, aimed at preparing for implementation, involves several key steps: forming a supplier selection committee, developing financial mechanisms, creating new digital products, and promoting SMEs in international markets," he explained.

Ahmadbayli mentioned that the full implementation of the program is planned for the first quarter of 2025.

"The primary operational goals of this phase include the digitalization of registered SME entities and the organization of educational and training programs. The program not only aims to implement digital solutions but also to continuously improve them. As noted, all processes and outcomes will be regularly monitored and analyzed for further optimization and enhancement," he added.

To note, Baku is hosting a presentation of a platform that helps SMEs digitize.

The event is featuring Deputy Minister of Digital Development and Transport of Azerbaijan Samir Mammadov, Chairman of the Small and Medium Business Development Agency (KOBIA) Orkhan Mammadov, Chairperson of the Innovation and Digital Development Agency Inara Valiyeva, and several other officials.

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