Proceedings of the 2nd International Scientific and Practical Conference “Modern Management Trends and the Digital Economy: from Regional Development to Global Economic Growth” (MTDE 2020)

Service Business Model - a New Approach to Improving Efficiency in the Digital Economy

Authors
T. Shcherbakova
Corresponding Author
T. Shcherbakova
Available Online 5 May 2020.
DOI
10.2991/aebmr.k.200502.167How to use a DOI?
Keywords
digital economy, business transformation, service model of business, remote monitoring, predictive analytics, predictive maintenance
Abstract

Active development of digital technologies (cloud, big data processing, business analytics, etc.), communication technologies, the Internet of things, which is based on a wide offer and the possibility of using a variety of sensors, and other machines that allow you to remotely transmit various data in real time about the operation of equipment, led to the emergence of a new model of business organization - a service model. The concept of the aggregate supply of industrial products and services for their operation, and the provision of them “as services” is gaining high development speed in the modern economy, capturing more and more new areas and areas of business. The article shows the essence, main features and benefits of predictive services, as the basis of the service model of a business, directions and prospects of its development. It is shown that the service business model provides a new level of competitiveness for both enterprises - manufacturers of equipment, and all participants in the value chain. The active development of modern intelligent digital systems allows to consider the service business model as a very promising direction for increasing the efficiency of production chains and building business ecosystems.

Copyright
© 2020, 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 2nd International Scientific and Practical Conference “Modern Management Trends and the Digital Economy: from Regional Development to Global Economic Growth” (MTDE 2020)
Series
Advances in Economics, Business and Management Research
Publication Date
5 May 2020
ISBN
10.2991/aebmr.k.200502.167
ISSN
2352-5428
DOI
10.2991/aebmr.k.200502.167How to use a DOI?
Copyright
© 2020, 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. Shcherbakova
PY  - 2020
DA  - 2020/05/05
TI  - Service Business Model - a New Approach to Improving Efficiency in the Digital Economy
BT  - Proceedings of the 2nd International Scientific and Practical Conference “Modern Management Trends and the Digital Economy: from Regional Development to Global Economic Growth” (MTDE 2020)
PB  - Atlantis Press
SP  - 1012
EP  - 1017
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.200502.167
DO  - 10.2991/aebmr.k.200502.167
ID  - Shcherbakova2020
ER  -