Substantiating the digitalization project effectiveness: Practical aspects

Subject. This article discusses the issues of digital technologies development investment. Objectives. The article aims to substantiate the investment project from the standpoint of marketing and calculate its key performance indicators through product labeling with QR codes. Methods. For the study, we used an economic analysis and the graphical method. Results. Based on the review of existing methodologies for assessing the effectiveness of projects related to the implementation of digital solutions, the article presents a set of indicators for calculation. As well, the article proposes an author-developed project roadmap for labeling products with QR codes, and calculates the project’s economic efficiency based on three scenarios. Conclusions. Projects on digitalization are often associated with uncertainty of economic outcomes, stakeholder resistance, and technical limitations. This leads to the necessity of exploring industry, regional, and corporate aspects of the development of digital technologies.

Authors

Institutions

Publication Details

Journal
Regional Economics Theory and Practice
Published
2025-02-27
DOI
https://doi.org/10.24891/re.23.2.162
Primary Topic
Digital Economy and Transformation
Type
article
Field-Weighted Citation Impact
0.00
Controls
|||
ALL TIME
JAN
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
OCT
article

Substantiating the digitalization project effectiveness: Practical aspects

М. В. Головко, Maksim Belousov
Regional Economics Theory and Practice
Digital Economy and Transformation
article

Substantiating the digitalization project effectiveness: Practical aspects

М. В. Головко, Maksim Belousov
article en

Abstract

Subject. This article discusses the issues of digital technologies development investment. Objectives. The article aims to substantiate the investment project from the standpoint of marketing and calculate its key performance indicators through product labeling with QR codes. Methods. For the study, we used an economic analysis and the graphical method. Results. Based on the review of existing methodologies for assessing the effectiveness of projects related to the implementation of digital solutions, the article presents a set of indicators for calculation. As well, the article proposes an author-developed project roadmap for labeling products with QR codes, and calculates the project’s economic efficiency based on three scenarios. Conclusions. Projects on digitalization are often associated with uncertainty of economic outcomes, stakeholder resistance, and technical limitations. This leads to the necessity of exploring industry, regional, and corporate aspects of the development of digital technologies.

Regional Economics Theory and PracticeVol. 23(2)
Kuban State Agrarian University (RU)
Openalex Percentile: Top 95%
Digital Economy and Transformation
AI Navigator

Ask Laika to Summarize, Analyze, and Connect papers live on the map.

Summarize Papers & Methodologies

Extract key findings, datasets, and comparative methods across publications.

Benchmark Rankings & Visual Analytics

Rank top research institutions, authors, funders, topics, and journals by Field-Weighted Citation Impact (FWCI) and paper volume with instant charts.

Connect Distant Disciplines

Bridge topological clusters on the map to find hidden collaborative intersections.