Bìznes Inform (Jun 2018)

Determining the Transformational Changes in the Region’s Economy and the Development of IT-Sphere

  • Shevchuk Iryna B.

Journal volume & issue
Vol. 6, no. 485
pp. 344 – 348

Abstract

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The article is aimed at studying transformational changes in the region’s economy due to the processes of informatization of society and the development of IT-sphere. The main signs of transformational changes are indicated. Six transformations of economy connected with development of information society and introduction of information technologies in all spheres of human activity are allocated and analyzed. The first transformation is connected with transition of economy to new principles of management where information is a source of economic growth. The second is the digital transformation of the economy. The third is the digital transformation of business processes. The fourth is the scaling of business. The fifth is transformation of the value of product and services for clientele. The sixth is the socio-economic transformation of the labor market. An approach to evaluation of such transformations is proposed by comparison with similar processes occurring in the world, in a particular country or region.

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