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Digital Market Development Prospects: Huang Law vs Moore's Law



V.S. Nazilin
V.S. Chernova
D.A. Stepanenko
specialist, sales department, Mars LLC
specialist, economic department, EnergoProect-Stalkonstrukciya
senior lecturer, the Department of Management and Innovation, St. Petersburg State University of Economics, PhD in Economics
St. Petersburg
St. Petersburg
St. Petersburg

Keywords:

  • innovation
  • digitalization
  • digital market
  • information technology
  • efficiency of business processes
  • change management

We study the impact of information technology on the efficiency of companies’ business processes. We reveal key factors for the success of companies under digitalization. Patterns of successful development of Intel and Nvidia are determined; the comparative characteristic of Moore's law and Huang's law is given. Conclusions are made about the relevance of the laws depending on the scope and priority of economic indicators for assessing company performance.