Conceptual provisions for ensuring balanced development of railway transport enterprises under the conditions of implementation of digital changes in the industry

Volodymyr Dykan, Hanna Obruch and Illia Dmytriiev
Additional contact information
Volodymyr Dykan: Ukrainian State University of Railway Tansport
Hanna Obruch: Ukrainian State University of Railway Tansport
Illia Dmytriiev: Kharkiv National Automobile and Highway University

Chapter 9 in Innovative development of the road and transport complex: problems and prospects, 2023, pp 139-157 from PC TECHNOLOGY CENTER

Abstract: Today, the world is experiencing an era of radical changes caused by the rapid introduction of digital technologies into all types of economic and social activities. Digital technologies change not only individual sectors of the economy, but also transform the entire system of global economic relations, creating enormous opportunities for sustainable business development and increasing the competitiveness of countries. The technologies of big data, machine learning, virtual and augmented reality, and robotics shape the leadership potential of national economies in the global system of highly effective digital communications and determine their future place on the geo-economic map of the world. Aware of the importance of digital technologies for the development of new horizons of activity in sectors strategic for the economy and ensuring their inclusive development, already today the leading states are implementing a large-scale policy of digital transformation of the country, focused on restructuring business processes, competencies and models of operation of industry, transport, trade, system public administration and education. As mentioned in the previous sections of this monograph, the key driver for the digital transformation of Ukraine's economy is the process of digitalization of infrastructure industries and, above all, domestic railway transport, the activity of which creates a multiplier effect, which is manifested in the ability not only to satisfy the needs of business entities in transportation, but also to stimulate the growth of economic activity in related industries by forming demand for products of metallurgy, instrument and wagon building, chemical and fuel and energy complexes.

Keywords: Digitalization; railway transport; modernization of services; business model; potential of railway transport enterprises (search for similar items in EconPapers)
Date: 2023
References: Add references at CitEc
Citations:

Downloads: (external link)
http://monograph.com.ua/pctc/catalog/view/978-617-7319-71-8.ch9/197/723-1 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:baq:pcchap:978-617-7319-71-8-ch9

DOI: 10.15587/978-617-7319-71-8.ch9

Access Statistics for this chapter

More chapters in Chapters of Monographs from PC TECHNOLOGY CENTER
Bibliographic data for series maintained by Iryna Prudius ().