Demand for economic data is undergoing explosive growth, and public authorities are increasing their expectations for both quality and speed of delivery of the official statistics, as well as generating additional sources of data to take timely and strategic decisions. Statistical data is fundamental to assessing effectiveness of government initiatives and informing HR-related decisions. Will traditional statistics or big data operators be best equipped to meet the new demands posed by business, government, and society? How will the digital revolution change approaches to assessing key socio-economic indicators? What risks are associated with the new data? Which of the new approaches in the official statistics should be adopted in Russia as a priority, and which require further testing?