ASSESSING THE RISKS OF INTRODUCING END-TO-END DIGITAL TECHNOLOGIES IN INDUSTRY

Authors

  • Aleksandr Shablakov South Ural State University
  • Irina Solovyeva South Ural State University

Keywords:

end-to-end digital technologies, digital economy, industry, digital upgrade of industry, risks of introducing end-to-end digital technologies

Abstract

The article studies the problem of assessing the risks of introducing end-to-end digital technologies in industry. Theoretical foundations of the concept of end-to-end digital technologies and their types are considered. The trends and practices of their implementation in domestic companies of the industrial sector of the economy are analyzed. A classification of the risks of introducing end-to-end digital technologies at industrial enterprises has been developed, which includes two levels of risks: general risks associated with the digitalization process as a whole, and special risks inherent in individual digital technologies. Based on the proposed system of general and special risks, a risk assessment method has been developed to determine the feasibility of introducing the considered end-to-end digital technology at an enterprise in the current internal and external conditions of activity. A system for interpreting the results of using the method is proposed, and recommendations are formulated for making managerial decisions with regard to the short-term and long-term possibility and feasibility of implementing end-to-end digital technologies in business processes at industrial enterprises.

Author Biographies

Aleksandr Shablakov, South Ural State University

Postgraduate student

Irina Solovyeva, South Ural State University

Head of the Department of Economics and Finance

Published

2023-07-05

Issue

Section

Economics and finance