MECHANISMS OF DIGITALIZATION OF ECONOMIC PROCESSES OF ENTITIES IN THE METALLURGICAL INDUSTRY: STRATEGIC VECTOR AND PROSPECTS
Authors:   Zaporizhia National University, Ukraine, Shapurov Olexandr 
Published: June 2023

The formation of digitization of economic processes of metallurgical business entities based on industry 4.0 innovation tools is a powerful strategic vector of the global development of the world economy and is a promising direction of innovative development. The purpose of the work is to develop a structural and systemic approach to the formation of mechanisms for digitalization of economic processes of business entities in the metallurgical industry on the basis of industry 4.0 innovative tools: blockchain, artificial intelligence, big data, industrial Internet of things. Methodology. The results of the presented scientific research were obtained using general and special methods of cognition (abstract-logical analysis, systematization and combination, method of theoretical generalization, method of dialectical cognition, deduction and induction, statistical analysis. Results. A system of factors restraining the development of the mining and metallurgical complex based on the innovative tools of industry 4.0 has been formed. A single system of industry 4.0 digital technologies has been formed. in the mining and metallurgical sector, which includes directions, key innovation tools and digitization trends. To overcome barriers to the formation of a single system of industry 4.0 digital technologies. a scientific and practical approach based on the interaction of the system of adaptation accelerators is proposed and disclosed. The categorical basis for the effective development of the industrial Internet of Things (concept, classification, main subjects) and the directions of the deployed system of IIOT applications have been determined; a scientific and practical approach to the application of IIOT in the system of predictive maintenance of coal equipment of the enterprise of the mining sector and in the management system of the maintenance of the transport fleet of the mining company. The effectiveness of the use of artificial intelligence has been proven. In the future, the subjects of entrepreneurial activity in the metallurgical sector are offered the use of Digital Twin technology based on the ISO 23247 standard. A system of competitive principles of blockchain technology has been developed. The conceptual apparatus of Big Data has gained further development: tasks, characteristics of 5 V, structural components. Practical implications. It consists in the possibility of using the results of the conducted research for scientific developments and practical activities. The feasibility of systematic use of industry 4.0 innovative tools in the formation of mechanisms for digitalization of economic processes of mining and metallurgical enterprises is proven, which is proposed to be implemented by using a structural and systemic approach, which is built on the principle of hierarchy and provides an opportunity to determine the current vectors of development of mining and metallurgical enterprises. Value/originality. The structural and systemic approach, which is built on the principle of hierarchy, is substantiated, which makes it possible to determine relevant vectors and form appropriate mechanisms for the development of mining and metallurgical enterprises based on the innovative tools of industry 4.0: blockchain, artificial intelligence, big data, industrial Internet of things.