Digital Transformation Trends in Russian and Foreign Companies

Nowadays, digital revolution is taking place in different countries around the world. Many private and state-owned companies started to implement various digital technologies to increase the efficiency of their business processes and, at the same time, to reduce their costs. The most widely used digital technologies in Russia and foreign countries (USA, Germany, Japan, China, etc.) are: cloud technologies, artificial intelligence, e-commerce programs, blockchain. The authors provide a detailed overview and effects of using these four digital technologies. The authors also compare the main trends of digital transformation in Russian and American companies, and conclude with recommendation to use foreign companies' experience adapting it to Russian specifics.