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Scientific paper ID 2483 : 2024/4
FINANCIAL AND ECONOMIC DIMENSIONS OF INVESTMENTS IN INFORMATION TECHNOLOGIES AS A BUSINESS DEVELOPMENT TOOL FOR TRANSPORT COMPANIES
Stoyan Dinev This article examines the financial and economic dimensions of information technology (IT) investments in the transport sector and how they can contribute to business development. The main benefits of these investments reducing operating costs, increasing efficiency and productivity, improving customer service and reducing risks. Despite the significant upfront costs and risks associated with cyber security and rapid technology obsolescence, IT investments have the potential to increase competitiveness and long-term returns for transport companies. The paper highlights the need for careful planning, needs analysis and risk assessment to successfully implement IT solutions.
It is argued that in the long run, IT investments not only increase the economic efficiency of transport companies, but also create opportunities for innovation and business growth as a necessary, but not sufficient, condition for their competitiveness at national and international level. информационни технологии комуникации софтуерни решения в транспорта инвестиции в ИТ рискове при инвестиции в ИТ дигитализация транспортни компанииinformation technologies communications software solutions in transport IT investments risks in Stoyan Dinev BIBLIOGRAPHY [1] Transportation Technology Update / Sector Coverage Report: 2023 Year in Review and Perspectives on 2024. (2023). [2] Evropeyska komisiya. Indeks za navlizaneto na tsifrovite tehnologii v ikonomikata i obshtestvoto (DESI), 2020 g./Balgariya. (2020). https://ec.europa.eu/digital-strategy/desi ... ( [2] Европейска комисия. Индекс за навлизането на цифровите технологии в икономиката и обществото (DESI), 2020 г./България. (2020). https://ec.europa.eu/digital-strategy/desi ... ) [3] United Nations Economic Commission for Europe (UNECE). Sustainable Transport 2022. Geneva: UNECE. (2022). [4] Wang, Y. Understanding the Impact of Emerging Technologies on the Freight Sector. University of Cardiff. (2019). [5] XIII International Conference on Transport Infrastructure: Territory Development and Sustainability. Proceedings of XIII International Conference on Transport Infrastructure. (2023). [6] Kartsana, P., & Mavrin, S. The Digital Revolution of the Transportation Industry. XIII International Conference on Transport Infrastructure. (2023). [7] Koralova-Nozharova, P. Protsesat na digitalizatsiya i negovoto znachenie za razvitieto na transportniya sektor v Balgariya. VTU „Todor Kableshkov“, n.sp. „Mehanika Transport Komunikatsii“. (2019). ( [7] Коралова-Ножарова, П. Процесът на дигитализация и неговото значение за развитието на транспортния сектор в България. ВТУ „Тодор Каблешков“, н.сп. „Механика Транспорт Комуникации“. (2019). ) [8] Thekrallah, F. F. Digital Transformation in Public Transportation: Investigate the Impact of Digital Transformation in Public Transportation Business Model in UAE on Public Transportation Customer Relationship. MSc Dissertation, The British University in Dubai. (2021). [9] Sardarabady, N. J., & Durst, S. A Systematic Literature Review on the Economic Impact of Digitalization Technologies in Transport Logistics. Transport Economics and Management, 2, 76–89. (2024). [10] Complete Guide TMS Freight Software: Market, Capabilities & Solutions (www.intekfreight-logistics.com) (2024). [11] Top Transportation Management System (TMS) Providers - Logistics Viewpoints (logisticsviewpoints.com). (2023). [12] TMS Update: Adoption Accelerates - Kuebix (www.kuebix.com). (2021). [13] 60 Critical ERP Statistics: Market Trends, Data and Analysis | NetSuite (www.netsuite.com). (2020). [14] Must-Know ERP Statistics and Trends for 2024 (www.bluelinkerp.com) . (2024). [15] CRM for Logistics & Transportation Industry. Let’s Move IT! - Nimble Blog (www.nimble.com). (2023). [16] CRM Statistics: Growth, Revenue & Adoption Trends in 2024 (crm.org). (2024). [17] World Economic Forum Future of Jobs Report. (2023). [18] European Commission on Transport Research and Innovation Monitoring and Information System (TRIMIS), (2022). |