UDC 330.1
DOI: 10.36871/ek.up.p.r.2025.03.10.005

Authors

Aza B. Temirova,
Rashid R. Akhmadov,
Grozny State Petroleum Technical University named after akad. Millionshchikov, Grozny, Russia

Abstract

This article examines the importance of digitalization in the field of entrepreneurship and its impact on modern business. Digitalization has become an integral part of modern entrepreneurship, changing business paradigms in all sectors. Modern business cannot be imagined without the introduction of digital technologies. Digitalization gives companies access to vast amounts of data, which facilitates informed strategic decision-making.
The use of data analytics and artificial intelligence allows enterprises to make accurate forecasts, optimize production processes, and improve customer service. Digital markets and e-commerce contribute to the global expansion of businesses, which gives them the opportunity to successfully compete both locally and internationally.
A virtual presence on the Internet and social media opens up new horizons for attracting customers and maintaining relationships with them. Some experts also express concerns about how digital technologies can help enterprises optimize internal processes, reduce costs, and increase staff productivity.
Automation of routine tasks and robotization can improve the quality of products and services. On the other hand, digitalization is associated with certain difficulties, such as the need for significant investments in technical infrastructure and the training of qualified personnel. Nevertheless, it plays a key role in the development of modern business, accelerating the growth of companies and expanding their potential. Achieving successful results requires strategic thinking, investment, and attention to cybersecurity issues.

Keywords

enterprise; digitalization; interaction; indicators; digitalization functions