Information technology: effects of application in the mining industry

Abstract

The influence of information technology application in the main business processes on direct and indirect effects received by mining enterprises is considered. The purpose of the study was to develop a scientific and technical approach to assess the economic effects of information technology application in the mining industry, based on parametric and scenario modeling of discounted cash flows. The results were the development of a scientific and technical approach and an algorithm for its step-by-step implementation to assess the economic effects of information technology application for a particular enterprise in the mining industry.