Abstract

The article is concerned with the development of the use of information technologies and accumulated information in business management in order to make all types of business activities more efficient and, thus, to provide a new quality of economic growth. The authors studied the stages of the use of information technologies development in accounting, identified their advantages and disadvantages, and also identified new stages in the development of information technologies: artificial intelligence, machine learning, blockchain technology. There were substantiated digital technologies potential in business entities operation process. The paper determined that companies can form technological capabilities and infrastructure that are required for more effective risk management and data analysis in the future in the process of efficiency upgrading. The study and comparative analysis of information technologies made it possible to substantiate the possibility and necessity of using an information and analytical support model of managerial decisions under block chain technology, which enables to monitor onlineand manage business worldwide. The authors conclude that information and analytical support for business management in digital economy is a global unity of accounting, analytical and organizational support.

Full Text
Paper version not known

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

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.