Benefits of Digital Transformation of International Oil Trading Companies' Business Models

Student: Uvarova Elizaveta

Faculty: Faculty of World Economy and International Affairs

Educational Programme: International Business (Master)

Year of Graduation: 2019

In today's world of technological progress, innovation and globalization, many companies have to constantly improve their products and services to keep up with the growing competition. For each company correctly chosen and developed business model plays an important strategic importance. However, progress does not stand still, so companies need to follow the latest trends. Today, this trend is the digital transformation of traditional business models. Oil is the most demanded raw material in the world. Companies engaged in the sale of oil and getting the goods to the final consumer – oil trading. This study is devoted to finding the benefits of digital transformation of international business models of oil trading companies.

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