Application of digital technologies in the process of development and management decision-making in vertically integrated oil companies

Abstract

The digital transformation of the activities of oil companies has necessitated the adoption of management decisions based on the analysis of a large amount of data. The purpose of the study is to analyze and evaluate the role of digital technologies in the development and adoption of management decisions in the vertically integrated oil companies. The object of the study is the process of developing and making managerial decisions in the vertically integrated oil companies. The subject of the research is digital technologies used by managers in the process of development and decision-making. The methodology of the research includes both general scientific and private scientific methods, techniques and approaches, among them are methods of analysis and synthesis, classification and generalization in the study of management decision-making technologies in the vertically integrated oil companies, structural-functional, systemic and situational approaches that determine the choice of the necessary digital technology for making a management decision. The results of the study. This article reveals the role of digital technologies in the process of developing and making management decisions in the vertically integrated oil companies in the context of global challenges and threats.