Technical aspects of analysis, monitoring, and visualization of data characterizing the current state of macroeconomic indicators
24.03.2023
Technical aspects of analysis, monitoring, and visualization of data characterizing the current state of macroeconomic indicators. Over the past decades, the world has been rapidly moving towards a new type of economy, where digital technologies have become the main tool for its formation. The implementation of digitization technologies in the economy, which allows the government, business, and society to interact effectively, is becoming an increasingly large-scale and dynamic process. Therefore, there is a need to model various socio-economic processes, forecast the development of the situation, and plan necessary corrective actions through the implementation and provision of the functioning of an information system. For these purposes, a study has been conducted to develop a digital tool for monitoring, analyzing, and visualizing data that characterize the current state of macroeconomic indicators to make management decisions.  The following tasks were carried out for the analysis and monitoring of socio-economic processes:
Informers display the "Sparkline" line and allow users to navigate to different levels of data detail (tables, graphs, and diagrams), as well as visually represent them in the form of cartographic data. In general, the main advantages of the digital tool are:
Thus, the conducted study allowed the creation of a prototype of a digital tool for connecting to various data sources, simplifying their processing and analysis, and creating various reports.  The official partner of the research work was JSC "National Managing Holding "Baiterek", the key institution of the Government of the Republic of Kazakhstan, corresponding to the advanced standards of corporate governance and ensuring the implementation of tasks for the sustainable development of the Kazakhstani economy through its diversification, support for innovation, export development, and increasing labor productivity.
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