Digital transformation of biotechnology sector organizations as a factor of innovative development

Aim. To identify the problems of digital transformation of organizations in the biotechnology sector to the terms of the “Industry 4.0” concept in the context of their innovative development. Methodology. The research methodology is based on the methods of analysis and synthesis, induction and deduction, diagnostic approach, interpretation of research results and some others, as well as analysis of the theoretical basis of the scientific and expert communities. Results. Revealed the problems of digital transformation of organizations in the biotechnology sector to the terms of the “Industry 4.0” concept: difficulty in synchronizing and integrating information; regulatory constraints; incompleteness of legislative requirements; the need to ensure cybersecurity; lack of qualified personnel; outdated technological base; resistance to change on the part of employees; high costs; uncertainty in the final results and others. Ways to solve the identified problems have been identified. Research implications lies in the fact that the authors have identified the problems of digital transformation of organizations in the biotechnology sector to the terms of the “Industry 4.0” concept, as well as identified and justified ways to solve them. The practical significance of the work lies in the possibility of optimizing the existing procedures for the digital transformation of specific organizations in the biotechnology sector of companies, which ultimately determines their accelerated innovative development.