COMPETITIVE ADVANTAGES OF AN ENTERPRISE IN THE CONDITIONS OF DIGITAL TRANSFORMATION

Modern digital technologies provide new opportunities for enterprises to develop their business, meet customer needs, and strengthen their competitive positions in the market. The formation of long-term competitive advantages is a necessary element of an enterprise’s strategy and the key to its successful business activity. The article analyzes criteria for competitive advantages and their formation depending on the level at which digital transformation is carried out. The impact of digital trends and technologies on the formation of competitive advantages and competitiveness of enterprises is considered in detail. It has been determined that the impact of digital transformation on the competitive position of an enterprise depends on the environment: internal or external. Main attention in the article is paid to the study of the use of modern digital tools and technologies for main and auxiliary types of enterprise activities according to M. Porter value chain model. In particular, examples of the formation of competitive advantages of enterprises in various areas of their activity based on specific digital transformation tools are given. Modern digital systems and technologies and their application to form competitive advantages of an enterprise are considered in detail, in particular, in terms of reducing the cost of production, increasing sales volumes, improving the level of service, and increasing the efficiency of an enterprise. As it is mentioned in the article, an important aspect of successful digital transformation of an enterprise is ensuring a comprehensive and systematic approach when implementing digital systems. This process includes identifying the business process that needs improvement, forming requirements for the digital system being implemented, its selection, implementation and customization, staff training, as well as analyzing the effectiveness of system operation and taking corrective actions if needed during the operation phase. The relevance of implementing digital transformation processes is confirmed by examples of implemented projects at Ukrainian leading enterprises.

Authors

Publication Details

Journal
Eastern Europe economy business and management
Published
2025-01-01
DOI
https://doi.org/10.32782/easterneurope.47-2
Citations
1
Primary Topic
Digital Economy and Transformation
Type
article
Field-Weighted Citation Impact
2.23
Controls
|||
ALL TIME
JAN
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
OCT
article

COMPETITIVE ADVANTAGES OF AN ENTERPRISE IN THE CONDITIONS OF DIGITAL TRANSFORMATION

Наталія Коваленко, Оleksander Yurchenko, Vladyslav Milenkii
1 citations
Eastern Europe economy business and management
Digital Economy and Transformation
2.23
article

COMPETITIVE ADVANTAGES OF AN ENTERPRISE IN THE CONDITIONS OF DIGITAL TRANSFORMATION

Наталія Коваленко, Оleksander Yurchenko, Vladyslav Milenkii
article en
1 citations

Abstract

Modern digital technologies provide new opportunities for enterprises to develop their business, meet customer needs, and strengthen their competitive positions in the market. The formation of long-term competitive advantages is a necessary element of an enterprise’s strategy and the key to its successful business activity. The article analyzes criteria for competitive advantages and their formation depending on the level at which digital transformation is carried out. The impact of digital trends and technologies on the formation of competitive advantages and competitiveness of enterprises is considered in detail. It has been determined that the impact of digital transformation on the competitive position of an enterprise depends on the environment: internal or external. Main attention in the article is paid to the study of the use of modern digital tools and technologies for main and auxiliary types of enterprise activities according to M. Porter value chain model. In particular, examples of the formation of competitive advantages of enterprises in various areas of their activity based on specific digital transformation tools are given. Modern digital systems and technologies and their application to form competitive advantages of an enterprise are considered in detail, in particular, in terms of reducing the cost of production, increasing sales volumes, improving the level of service, and increasing the efficiency of an enterprise. As it is mentioned in the article, an important aspect of successful digital transformation of an enterprise is ensuring a comprehensive and systematic approach when implementing digital systems. This process includes identifying the business process that needs improvement, forming requirements for the digital system being implemented, its selection, implementation and customization, staff training, as well as analyzing the effectiveness of system operation and taking corrective actions if needed during the operation phase. The relevance of implementing digital transformation processes is confirmed by examples of implemented projects at Ukrainian leading enterprises.

Eastern Europe economy business and management(2(47))
Openalex Percentile: Top 11%
Digital Economy and Transformation
2.23
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.

COMPETITIVE ADVANTAGES OF AN ENTERPRISE IN THE CONDITIONS OF DIGITAL TRANSFORMATION — Наталія Коваленко, Оleksander Yurchenko, et al. · Eastern Europe economy business and management (2025) | TGRS Research Map | TGRS