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Problems of business processes transformation in the context of building digital economy

Karine Alexandrovna Barmuta, Elvir Munirovich Akhmetshin (), Iryna Yevheniivna Andryushchenko, Asiyat Akhmedovna Tagibova, Galina Vladimirovna Meshkova and Angelina Olegovna Zekiy
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Karine Alexandrovna Barmuta: Don State Technical University, Russian Federation
Elvir Munirovich Akhmetshin: Kazan Federal University, Russian Federation
Iryna Yevheniivna Andryushchenko: Zaporizhzhia Polytechnic National University, Ukraine
Asiyat Akhmedovna Tagibova: Moscow State Institute of International Relations, Russian Federation
Galina Vladimirovna Meshkova: Bauman Moscow State Technical University, Russian Federation
Angelina Olegovna Zekiy: I.M. Sechenov First Moscow State Medical University, Russian Federation

Entrepreneurship and Sustainability Issues, 2020, vol. 8, issue 1, 945-959

Abstract: The article explores the main problems and features of one of the most relevant phenomena today - digital transformation, which implies fundamental changes in the activities of organizations based on the use of digital technologies. The paper reviews sources on the problems of building a digital economy and moving a business to the digital level. The purpose of this study is to identify the main difficulties for the restructuring of organizations' processes on a digital format, as well as the formation of the theoretical and conceptual foundations of digital business transformation in the face of uncertainty and variability of the modern business environment. Using the methods of analysis, generalization, comparison, synthesis, deduction, induction, the essence of digital transformation is studied, Russia's positions among other countries in terms of readiness for the digital economy are analyzed, problems and barriers that impede the process of digital transformation for Russian and foreign companies are formulated. Based on the use of a systematic approach, methods of scientific abstraction, economic modelling, the work identifies the main functional areas of change, presents a loop of digital business transformation that reflects its main stages, necessary components and changes, and describes key segments of new digital business models of companies. The results can be used to conduct further theoretical and methodological and practice-oriented research in the field of digital business transformation, and can also be used by design teams of organizations to analyze the problems of switching to a digital format, develop a digital transformation strategy and rebuild a business model.

Keywords: digital economy; digital transformation (search for similar items in EconPapers)
JEL-codes: M21 O10 O39 (search for similar items in EconPapers)
Date: 2020
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:ssi:jouesi:v:8:y:2020:i:1:p:945-959

DOI: 10.9770/jesi.2020.8.1(63)

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