Sustainable Business Models and IT Innovation: The Case of the REMIT

This paper aimed to explore IT innovations used in sustainable business models in the European single energy market. For this purpose, the academic literature and content analyses of organized marketplaces were performed. The results showed that end users are not always interested in changing the se...

Full description

Saved in:
Bibliographic Details
Main Authors: Svitlana Kolosok, Serhiy Lyeonov, Iryna Voronenko, Olena Goncharenko, Julia Maksymova, Oksana Chumak
Format: Article
Language:English
Published: University of Tehran 2022-09-01
Series:Journal of Information Technology Management
Subjects:
Online Access:https://jitm.ut.ac.ir/article_88894_15625eb592a0256f074368f37abb56e0.pdf
Tags: Add Tag
No Tags, Be the first to tag this record!
_version_ 1849411340008947712
author Svitlana Kolosok
Serhiy Lyeonov
Iryna Voronenko
Olena Goncharenko
Julia Maksymova
Oksana Chumak
author_facet Svitlana Kolosok
Serhiy Lyeonov
Iryna Voronenko
Olena Goncharenko
Julia Maksymova
Oksana Chumak
author_sort Svitlana Kolosok
collection DOAJ
description This paper aimed to explore IT innovations used in sustainable business models in the European single energy market. For this purpose, the academic literature and content analyses of organized marketplaces were performed. The results showed that end users are not always interested in changing the service and try to choose services/resources well known to them. At the same time, market operators see the need for radical change by introducing strategic innovations and digitizing energy markets. Sustainable e-government management models are typically sustained by IoT, blockchain, and smart grid management technologies.
format Article
id doaj-art-60428e95013b4561aad8ef79c2fdf12f
institution Kabale University
issn 2008-5893
2423-5059
language English
publishDate 2022-09-01
publisher University of Tehran
record_format Article
series Journal of Information Technology Management
spelling doaj-art-60428e95013b4561aad8ef79c2fdf12f2025-08-20T03:34:48ZengUniversity of TehranJournal of Information Technology Management2008-58932423-50592022-09-0114Special Issue: Digitalization of Socio-Economic Processes14715610.22059/jitm.2022.8889488894Sustainable Business Models and IT Innovation: The Case of the REMITSvitlana Kolosok0Serhiy Lyeonov1Iryna Voronenko2Olena Goncharenko3Julia Maksymova4Oksana Chumak5Oleg Balatskyi Department of Management, Sumy State University, Sumy, Ukraine.Economic Cybernetics Department, Sumy State University, Sumy, Ukraine.Department of Information Systems and Technologies, National University Of Life And Environmental Sciences Of Ukraine, Kyiv, Ukraine.Department of Financial Management and Stock Market, Odessa National Economic University, Odessa, Ukraine.Department of Economics and Entrepreneurship, Odessa I.I.Mechnikov National University, Odessa, Ukraine.Department of Economics and Business Technology, National Aviation University, Kyiv, Ukraine.This paper aimed to explore IT innovations used in sustainable business models in the European single energy market. For this purpose, the academic literature and content analyses of organized marketplaces were performed. The results showed that end users are not always interested in changing the service and try to choose services/resources well known to them. At the same time, market operators see the need for radical change by introducing strategic innovations and digitizing energy markets. Sustainable e-government management models are typically sustained by IoT, blockchain, and smart grid management technologies.https://jitm.ut.ac.ir/article_88894_15625eb592a0256f074368f37abb56e0.pdfenergy marketsit innovationsustainable business modelremit
spellingShingle Svitlana Kolosok
Serhiy Lyeonov
Iryna Voronenko
Olena Goncharenko
Julia Maksymova
Oksana Chumak
Sustainable Business Models and IT Innovation: The Case of the REMIT
Journal of Information Technology Management
energy markets
it innovation
sustainable business model
remit
title Sustainable Business Models and IT Innovation: The Case of the REMIT
title_full Sustainable Business Models and IT Innovation: The Case of the REMIT
title_fullStr Sustainable Business Models and IT Innovation: The Case of the REMIT
title_full_unstemmed Sustainable Business Models and IT Innovation: The Case of the REMIT
title_short Sustainable Business Models and IT Innovation: The Case of the REMIT
title_sort sustainable business models and it innovation the case of the remit
topic energy markets
it innovation
sustainable business model
remit
url https://jitm.ut.ac.ir/article_88894_15625eb592a0256f074368f37abb56e0.pdf
work_keys_str_mv AT svitlanakolosok sustainablebusinessmodelsanditinnovationthecaseoftheremit
AT serhiylyeonov sustainablebusinessmodelsanditinnovationthecaseoftheremit
AT irynavoronenko sustainablebusinessmodelsanditinnovationthecaseoftheremit
AT olenagoncharenko sustainablebusinessmodelsanditinnovationthecaseoftheremit
AT juliamaksymova sustainablebusinessmodelsanditinnovationthecaseoftheremit
AT oksanachumak sustainablebusinessmodelsanditinnovationthecaseoftheremit