The existing international education system is a product and simultaneously an element of the rst industrial revolution, functioning on the basis of the principles of ow-type production established more than a hundred years ago, and solves the problem of maximum penetration of a typical set of knowledge into the masses of the population, rather than maximizing the quality of the obtained knowledge and its individualization.New industrial revolution based on wide digitalization and networking, which we are witnessing, requires modernization of most economic institutions, including education system, and offers for this modernization not only a new set of technologies, but also new principles of exibility, individualization, maximization of ef ciency. The subject of electronic education has been developing in different countries for quite a long period. By now the necessary set of technologies and organizational elements has been created. However, it is during the 2019-2021 pandemic that suf cient conditions have emerged for the non-alternative widespread implementation of a new holistic education system based on remote mode and adaptive digital content. The article considers the modernization of the education system, the creation of the Digital SMART University or University 4.0. The main problems of implementing the new educational system and approaches to their solutions are analyzed. The modernization of the educational system has many parallels with the digital transformation of other sectors of the economy. This makes it possible and necessary to use the experience and knowledge accumulated in other areas of economic activity, their systematization and analysis of applicability.The main tasks in creating a new e-university are the introduction of new processes of design, production, systematization, storage and delivery of educational content, as well as modernization of management and administration of the educational process. Implementation of e-learning is based on integrated organizational and functional structures, IT-architectures with their own rules, responsibilities, people, processes, system of interaction and relationship, i.e. the new business structure, which is built into the overall corporate information system and business architecture of the university system. The paper examines the business processes, services, IT infrastructure of the university, providing a new form of e-learning. The object of the study is the electronic educational environment of the university, which is an electronic educational platform of a new set of educational IT-services. The term «service» de nes a service for the educational business, which is quanti ed by a set of business metrics, the metrics of availability, continuity, security, reproducibility, repeatability and scalability. The result of the implementation of the new University 4.0 should be a progressively developing catalog of electronic educational services of the university, which can be used as a basis for designing specialized educational trajectories and use in various educational institutions.