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.

Highlights

  • Digitalization leads to large-scale changes in business and society, which are becoming permanent

  • 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

  • The analysis of the content of digital transformation allows us to identify it as a continuous process of changes in the company, carried out using digital and other technologies, as well as organizational techniques for building a digital culture and achieving “digital maturity”, which as a result will contribute to the creation and implementation of better and more competitive products for consumers, gaining competitive advantages and responding effectively to changes in the business environment

Read more

Summary

Introduction

Digitalization leads to large-scale changes in business and society, which are becoming permanent. The future of the economy of any country depends on the ability of enterprises and companies of all forms to successfully transform into a digital business environment. This determines the relevance and importance of researching issues related to the nature and categorical apparatus of the digital economy, as well as the difficulties and possibilities of moving to the digital level. One of the most significant phenomena in the scientific and business environment is the digital transformation, reflecting the changes in society and economy due to the development of digital technologies (Gapsalamov et al, 2020; Minakhmetova et al, 2020). The purpose of this study is to identify barriers to the restructuring of companies' processes for a digital format, as well as the formation of the theoretical and conceptual foundations of digital business transformation in the face of uncertainty, mobility and complexity of the modern business environment

Objectives
Methods
Results
Discussion
Conclusion
Full Text
Published version (Free)

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