Proceedings of the 1st International Scientific Conference "Modern Management Trends and the Digital Economy: from Regional Development to Global Economic Growth" (MTDE 2019)

Transformation of the service industry in digital economy

Authors
T.S. Shcherbakova
Corresponding Author
T.S. Shcherbakova
Available Online May 2019.
DOI
10.2991/mtde-19.2019.55How to use a DOI?
Keywords
digital economy, services industry, business transformation, digital platforms, cloud IT-technologies, service model of business, sharing economy, uberization, crowd technologies
Abstract

Digital economy affects all aspects of human life, causing significant changes in the business environment for companies, reducing the effectiveness of traditional forms and methods of managing business and at the same time providing new opportunities for development in modern conditions. Тhe future in competition of companies in service industry will be determined by new organizational mechanisms of connecting the possibilities of digital technologies and human creativity. The article shows the impact of digitalization on the activities of companies in service industry and the inevitability of business transformation based on digital technologies; the possibilities for creating new business models of companies' activities; the mechanisms of service model of business, sharing economy, which provide new dividends for business in service industry.

Copyright
© 2019, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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Volume Title
Proceedings of the 1st International Scientific Conference "Modern Management Trends and the Digital Economy: from Regional Development to Global Economic Growth" (MTDE 2019)
Series
Advances in Economics, Business and Management Research
Publication Date
May 2019
ISBN
978-94-6252-721-8
ISSN
2352-5428
DOI
10.2991/mtde-19.2019.55How to use a DOI?
Copyright
© 2019, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Cite this article

TY  - CONF
AU  - T.S. Shcherbakova
PY  - 2019/05
DA  - 2019/05
TI  - Transformation of the service industry in digital economy
BT  - Proceedings of the 1st International Scientific Conference "Modern Management Trends and the Digital Economy: from Regional Development to Global Economic Growth" (MTDE 2019)
PB  - Atlantis Press
SP  - 288
EP  - 292
SN  - 2352-5428
UR  - https://doi.org/10.2991/mtde-19.2019.55
DO  - 10.2991/mtde-19.2019.55
ID  - Shcherbakova2019/05
ER  -