Transformation of the Service Sector as Part of the Agribusiness Digitalization

Abstract

Abstract The digitalization of production in agriculture is a global trend. The national priorities of modern Russia to be established by the program documents of the country’s socio-economic development for the period up to 2030 determine the digitalization of various industries including the agribusiness as a priority task for ensuring the country’s entry into the number of the largest economies in the world. To speed up the process in the agribusiness, a departmental project titled’Digital Agriculture’ is being implemented, the ultimate goal of which is to ensure a technological breakthrough and achieve productivity growth at enterprises by developing and launching replicated end-to-end intelligent systems. Agriculture ranks fourth in terms of the possibility of automation among all sectors of the economy ahead of construction, insurance and trade. The digitalization of the country’s economy has determined the transformation of the service sector including banks and telecom operators. Digital initiatives of banks and telecom operators have been analyzed in the interests of the agribusiness.