Assessment of competitive advantages of IT system integrator companies taking industry factors into account
- Details
- Category: Content №5 2024
- Last Updated on 29 October 2024
- Published on 30 November -0001
- Hits: 129
Authors:
S.Baryngolts*, orcid.org/0000-0002-1579-6334, Interregional Academy of Personnel Management, Kyiv, Ukraine, e-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.
I.Kalina, orcid.org/0000-0001-5662-6967, Interregional Academy of Personnel Management, Kyiv, Ukraine, e-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.
* Corresponding author e-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.
Naukovyi Visnyk Natsionalnoho Hirnychoho Universytetu. 2024, (5): 157 - 162
https://doi.org/10.33271/nvngu/2024-5/157
Abstract:
Purpose. To evaluate competitive advantages of IT system integrators in Ukraine. To investigate the influence of industry factors on the formation of competitive advantages using cases of the mining and fuel & energy industries.
Methodology. The empirical basis of the study was presented by performance indicators of the leading system integrator companies of Ukraine. The methodological basis of the research was the scoring method using weight coefficients and the graphic method of creating a radial diagram of competitive advantages. During the research, the following methods were used: analysis and synthesis (to study the components of competitive advantages and to form integral indicators), induction and deduction (to form market trends and to identify enterprise strategies), classification (to form indicators that determine competitive advantages).
Findings. In the process of research, a model of competitive advantages for system integrator companies was formed. A methodology was developed and an assessment of competitive advantages of the leading system integrators of IT industry of Ukraine was carried out. A radial diagram of competitive advantages was created. It allows performing a comparative analysis of the factors of company competitive advantages with the aim to form a development strategy to improve the competitive position of the company in the market. Features of influence of the industry factors on the formation of competitive advantages of system integrators were considered and this influence was evaluated using cases of the mining and fuel & energy industries.
Originality. A model and methodology for assessing competitive advantages for system integrator companies in IT industry were proposed; the main factors of competitive advantages for system integrators have been identified. The necessity of taking industry factors into account when assessing the competitive advantages of these enterprises has been proposed and confirmed by the research results.
Practical value. The applied value of the research lies in the possibility of applying the developed model and methodology to assess the competitive advantages of system integrators. The results of such an assessment can be used by system integrators to develop a competitive strategy and improve their competitive positions in the market. Customers (including enterprises in the mining and fuel & energy industries) can use evaluation elements when conducting procurement (tender) procedures for selection of contractors for the implementation of system integration projects. Also, the results of the study can be used for the analysis of the system integration market.
Keywords: system integration, competitive advantage, integral indicator, IT industry, industry factors
References.
1. Gartner Inc. (2024). System Integration. Retrieved from https://www.gartner.com/en/information-technology/glossary/system-integration.
2. Grand View Research (2023). System Integration Market Size, Share & Trends Analysis Report By Services (Infrastructure Integration, Application Integration, And Consulting), By Enterprise Size, By End-use, By Region, And Segment Forecasts, 2024–2030. Retrieved from https://www.grandviewresearch.com/industry-analysis/system-integration-market#.
3. Sydorenko, O. (2023). System integration in Ukraine: will there be a counteroffensive? Networks and Business, (3), 8-28.
4. Baryngolts, S. (2022). System Integration Market in the Structure of Information Technology Industry of Ukraine. Scientific Works of Interregional Academy of Personnel Management. Economic Sciences, (3), 29-38. https://doi.org/10.32689/2523-4536/66-4.
5. Kernez, R. (2024). Competitive Advantage: The Key To Business Success. Forbes. Retrieved from https://www.forbes.com/sites/forbescommunicationscouncil/2024/02/07/competitive-advantage-the-key-to-business-success/?sh=1f7712a738d2.
6. Twin, A. (2023). Competitive Advantage Definition With Types and Examples. Investopedia. Retrieved from https://www.investopedia.com/terms/c/competitive_advantage.asp.
7. Shapovalova, I.V. (2017). Competitive Advantages of the Enterprise: A Retrospective Analysis of the Terms’ Interpretation. Economy and Society, (10), 427-432.
8. Shevchenko, L. S. (2022). Competitive Advantages of Business: Management-Oriented View of the Problem. Economic Theory And Law, (2), 72-92.
9. Kudenko, N. V. (2011). Key Success Factors in the Industry and the Company’s Competencies. Formation of the Market Economy, 223-235.
10. Troyan, A. V. (2013). Classification of Competitive Advantages and Company’s Opportunities for Their Achievement. Efektyvna ekonomika, (11).
11. Wang, W.-Ch., Lin, Ch.-H., & Chu, Y.-Ch. (2011). Types of Competitive Advantage and Analysis. International Journal of Business and Management, 6(5), 100-104. https://doi.org/10.5539/ijbm.v6n5p100.
12. Frederiksen, L. (2023). Competitive Strategy for Professional Services. Hinge. Retrieved from https://hingemarketing.com/blog/story/competitive-strategy-for-professional-services.
13. Lopes, S. C. P., Lopes, H. E. G., Coleta, K. G., & Rodrigues, V. C. (2019). Business Models and Competitive Advantage: A Dynamic Approach. Revista Ibero-Americana De Estratégia, 18(1), 90-105. https://doi.org/10.5585/ijsm.v18i1.2698.
14. Roch, S., Smith, B., Fowler, J., & Bourgeois, D. (2022). Information Systems for Business and Beyond. Fanshawe College Pressbooks. Retrieved from https://ecampusontario.pressbooks.pub/informationsystemscdn/front-matter/about-this-book/.
15. Chi, J., & Sun, L. (2015). IT and Competitive Advantage: A Study from Micro Perspective. Modern Economy, 6(3), 404-410. https://doi.org/10.4236/me.2015.63038.
16. Atstaja, D., Koval, V., Grasis, J., Kalina, I., Kryshtal, H., & Mikhno, I. (2022). Sharing Model in Circular Economy towards Rational Use in Sustainable Production. Energies, 15(3). https://doi.org/10.3390/en15030939.
17. Rothaermel, F. T. (2016). Competitive Advantage in Technology Intensive Industries. Technological Innovation: Generating Economic Results (Advances in the Study of Entrepreneurship, Innovation and Economic Growth, 26, 233-256. https://doi.org/10.1108/S1048-473620160000026008.
18. Precedence Research (2023). System Integration Market – Global Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2023-2032. Retrieved from https://www.precedenceresearch.com/system-integration-market.
19. Moskalenko, O., & Zozulov, O. (2020). Marketing in the Formation of Competitive Positions on the Industrial Services Market on the Example of the System Integration Market of Ukraine. Actual Problems of Economics and Management, (14).
20. Raatikainen, P. (2024). What are system integrations? Methods, challenges and best practices. ONEiO. Retrieved from https://www.oneio.cloud/blog/what-are-system-integrations.
21. FasterCapital (2024). Systems integration: Eliminating Information Silos for Seamless Operations. Retrieved from https://fastercapital.com/content/Systems-integration--Eliminating-Information-Silos-for-Seamless-Operations.html#Real-Life-Examples-of-Successful-Systems-Integration-in-Different-Industries.
22. Sukhodolia, O. (2022). Artificial Intelligence in the Energy Sector: Analytical Report. The National Institute for Strategic Studies. https://doi.org/10.53679/NISS-analytrep.2022.09.
23. The National Association of Extractive Industry of Ukraine (2024). Opportunities for Artificial Intelligence to Improve Operational Efficiency in the Mining Industry. Retrieved from https://neiau.com.ua/mozhlyvosti-shtuchnogo-intelektu-v-pidvyshhenni-operaczijnoyi-efektyvnosti-dobuvnoyi-galuzi/.
24. Baryngolts, S. (2024). Value chain for system integrators. Digital Transformation and Innovative Technologies in Economics: Collection of materials of the International Scientific and Practical Internet Conference, (pp. 30-35). Lomzha – Kharkiv. https://doi.org/10.58246/OIMD8414.
25. Baryngolts, S., & Kalina, I. (2024). Competitive Environment of the System Integration Market in the Information Technology Industry of Ukraine. Scientific View: Economics and Management, (5), 98-104. https://doi.org/10.32782/2521-666X/2024-85-15.
26. IT Integrator – Solutions (2024). Retrieved from https://it-integrator.ua/solutions/.
27. Netwave – Products and Services (2024). Retrieved from https://netwave.ua/solutions/.
28. Seeton – Solutions (2024). Retrieved from https://www.seeton.pro/.
29. Opendatabot – ІТ-Integrator (2024). Retrieved from https://opendatabot.ua/c/31091208.
30. Opendatabot – Netwave (2024). Retrieved from https://opendatabot.ua/c/37470306.
31. Opendatabot – Seeton Group (2024). Retrieved from https://opendatabot.ua/c/33332092.
32. Kyrylov, I. (2022). Unbreakable, or Ukraine’s System Integrators in the Midst of War. Networks and Business, (1-2), 8-24.
33. Kyrylov, I. (2021). System Integration in Ukraine: There Is No Place for Weaklings. Networks and Business, (3), 8-27.
34. IT Integrator – Clients (2024). Retrieved from https://it-integrator.ua/clients/.
35. Netwave – Clients (2024). Retrieved from https://netwave.ua/kliyenty/.
36. Seeton – Clients (2024). Retrieved from https://www.seeton.pro/.
Newer news items:
- Transformation of e-commerce business models in the digital economy - 29/10/2024 18:15
- Prerequisites of hybridization of university financing as a tool for ensuring sustainability and strategic development - 29/10/2024 18:15
- Analysis of mathematical methods for describing financial flows: dynamic modeling of an innovative company - 29/10/2024 18:15
- Analysing forced migration’s impact on Ukraine’s economic sustainability - 29/10/2024 18:15
- Innovation and infrastructure: driving forces for entrepreneurship development and economic opportunities - 29/10/2024 18:14
Older news items:
- Assessment of digital elevation models accuracy for local geoid modeling - 29/10/2024 18:14
- Intelligent Sentinel satellite image processing technology for land cover mapping - 29/10/2024 18:14
- Cyber risk management technology to strengthen the information security of the national economy - 29/10/2024 18:14
- Frequency dependence of reflections on radar landmarks - 29/10/2024 18:14
- Pipe production cost management model based on graph theory - 29/10/2024 18:14
- Establishing a plastic waste map using remote sensing data in the coastal area of Thanh Hoa province (Vietnam) - 29/10/2024 18:14
- Assessment of the efficiency of functioning of the environmental management system of enterprises - 29/10/2024 18:14
- Adequacy of measures to threats as one of the fundamental principles of safety riskology - 29/10/2024 18:14
- Analysis of natural and man-made factors of landslide development in the Carpathian region using GIS - 29/10/2024 18:14
- Justification of the safe parameters of recreational zones during the reclamation of watered residual quarry spaces - 29/10/2024 18:14