Digital Businesses Ecosystem Financial Health

The development of digital ecosystems is a hallmark of the new technological era. The organizations require more financial and human resources for rapid growth. This excessive consumption of resources can increase risks for the organization, and a critical combination of risk factors can threaten its very existence. The article examines information technologies for analyzing organizations’ financial and economic health, emphasizing fast-growing organizations in digital ecosystems. It uses a model to assess their financial and economic condition comprehensively. Open data from the BFO digital service of the Federal Tax Service of Russia is used as source data. The methodology for assessing the growth of the digital ecosystem is considered, and areas of potential risk are identified. Awareness of these risks can lead to critical circumstances that can destroy the entire system.

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Publication Details

Published
2024-10-01
DOI
https://doi.org/10.1109/icct62929.2024.10874950
Citations
1
Primary Topic
Economic Development and Digital Transformation
Type
article
Field-Weighted Citation Impact
0.83
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article

Digital Businesses Ecosystem Financial Health

Oleg Dranko
1 citations
Economic Development and Digital Transformation
0.83
article

Digital Businesses Ecosystem Financial Health

Oleg Dranko
article en
1 citations

Abstract

The development of digital ecosystems is a hallmark of the new technological era. The organizations require more financial and human resources for rapid growth. This excessive consumption of resources can increase risks for the organization, and a critical combination of risk factors can threaten its very existence. The article examines information technologies for analyzing organizations’ financial and economic health, emphasizing fast-growing organizations in digital ecosystems. It uses a model to assess their financial and economic condition comprehensively. Open data from the BFO digital service of the Federal Tax Service of Russia is used as source data. The methodology for assessing the growth of the digital ecosystem is considered, and areas of potential risk are identified. Awareness of these risks can lead to critical circumstances that can destroy the entire system.

V. A. Trapeznikov Institute of Control Sciences (RU)
Openalex Percentile: Top 18%
Economic Development and Digital Transformation
0.83
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