TECHNOLOGICAL TRENDS AND ITS TRANSFORMATIONAL IMPACT ON BUSINESS MODEL IN ERA OF THE DIGITAL ECONOMY

Journal Title: INTERNATIONAL ACADEMY JOURNAL "Web of Scholar" - Year 2018, Vol 3, Issue 1

Abstract

The article is devoted to the technological trends needs to successful transformation in the Industry 4.0 conditions. Nowadays 5 of the TOP-10 companies by market capitalization are IT-companies. More than 2/3 of all successful managers, which were included in Forbes list, focused on the digital transformation corporate strategy chiefly. It is necessary to understand the importance of digital transformation and specifics of its implementation. Many companies face difficulties and lack of understanding of the future development path. The fundamental aim of the research work is to highlight the main trends that will help companies to improve the efficiency of their business, to reduce costs and to take a leading position in the era of Digital Economy.

Authors and Affiliations

D. S. Shemonchuk, A. A. Makarova

Keywords

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  • EP ID EP405811
  • DOI -
  • Views 82
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How To Cite

D. S. Shemonchuk, A. A. Makarova (2018). TECHNOLOGICAL TRENDS AND ITS TRANSFORMATIONAL IMPACT ON BUSINESS MODEL IN ERA OF THE DIGITAL ECONOMY. INTERNATIONAL ACADEMY JOURNAL "Web of Scholar", 3(1), 13-15. https://europub.co.uk/articles/-A-405811