Abstract
Research background: The article reveals the nature and mechanisms of the influence of the digital economy on the development of the transport industry in the world. The prerequisites for researching the problems of digitalization in the transport sector are determined by several factors. Firstly, the use of digital technologies is especially evident in the transport sector. Secondly, it is the efficiency of using the latest technological achievements that determines the competitiveness of transport companies. Purpose of the article: The aim of the study of this topic is to identify the most significant manifestations of the impact of digitalization on the transport sector, trends and the nature of this impact. Methods: The methodology of the work is to use the method of scientific abstraction, analysis of facts and observation of the real existing picture, as well as induction and deduction to determine the relationship of concepts in general to individual cases. The authors of the study identified the key components of the digitalization process of the economy, and identified those that have the greatest impact on the transport sector. The article contains an analysis of the existing experience of transport digitalization, the consequences of this process. Also in this article, the authors made their forecast for the further development of transport digitalization processes. Findings & Value added: The main result of the study was the conclusion that the objective need of the transport industry for new innovative developments is very high. The economic effect, that the introduction of transport sector digital technologies, brings, is obvious and tangible.
Highlights
In the knowledge economy, digitalization processes are recognized as one of the most significant manifestations of innovative and scientific and technological development
The transport sector was one of the first to experience the introduction of digital technologies: the objective need for automation of management, increases of the reliability of the transport system pushed transport companies to computerize management processes earlier than others, and to digitalize the entire sphere [1]
The following approach is used as a basis: digitalization is a complex of processes in the economy and society, which consists in the massive dissemination of technologies based on the use of a binary code, which entails obvious qualitative changes in the organization of the technological and social order [2]
Summary
Digitalization processes are recognized as one of the most significant manifestations of innovative and scientific and technological development. There are no unambiguous estimates of how large-scale the transformations of the economy will be due to digitalization, in what way and when they will manifest themselves. There are several approaches to defining the essence of the digitalization process. The following approach is used as a basis: digitalization is a complex of processes in the economy and society, which consists in the massive dissemination of technologies based on the use of a binary code, which entails obvious qualitative changes in the organization of the technological and social order [2]
Sign-in/Register to view highlights & summary 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 callDisclaimer: 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.
