Abstract
The authors’ research is interconnected with the socio-economic policy of the Republic of Belarus. Structural components and metrics of economic efficiency in the scientific work are studied based on government demand, which is reflected in the National Strategies for Sustainable Socio-Economic Development of the Republic of Belarus until 2020 and 2030. In addition, statistical data on the activities in economic sectors allows us to identify the most vulnerable areas of business, where telematics solutions can be used as drivers of growth and development. Considering that in the Republic of Belarus there are no fundamental studies on the application of business solutions based on the telematics tools for socio-economic development, the relevance, and reasonableness of the study is subsequently substantiated by economic results obtained from the analysis of the implementation of telematics solutions in foreign practice and in Belarusian business, that’s reflecting significant savings and cost reduction.
Highlights
In a transitional economy, socio-economic systems are undergoing significant changes for sustainable development at the micro, meso and macro levels
Telematics is inextricably linked with a GPS tracking technology, which was originated in the 1960s, when the US Department of Defense and the Applied Physics Laboratory of Johns Hopkins University began developing a global positioning system (GPS) [10]
As a result of the study of the concept of "telematics" as a socio-economic category, the authors come to the conclusion that the definition does not have a universal character and for the topic of the research, should be clarified in the direction of commercialization and business, which is important for the formation of telematic solutions as drivers of the development of the national economy at the micro, meso, macro levels
Summary
Socio-economic systems are undergoing significant changes for sustainable development at the micro, meso and macro levels. As a result of the study of the concept of "telematics" as a socio-economic category, the authors come to the conclusion that the definition does not have a universal character and for the topic of the research, should be clarified in the direction of commercialization and business, which is important for the formation of telematic solutions as drivers of the development of the national economy at the micro, meso, macro levels.
Sign-in/Register to view highlights & summary Sign-in/Register to access full text options 
Free) 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a call
