This book is dedicated to the 120th anniversary of economic education at Peter the Great St. Petersburg Polytechnic University (SPbPU). It gathers the best and most recent research materials of scientists from SPbPU’s Institute of Industrial Management, Economics and Trade and their colleagues from other universities. This book reflects many years of experience, unique results and interesting discoveries made by collaborative teams exploring the following issues: engineering economics, sustainable development and other topics related to the digitalization of enterprises, industries and systems; digital transformation of the service market in the face of global challenges; automation of enterprise control systems, digital and data management solutions for business; socio-economic development and territorial management in the era of Industry 4.0, etc. This book offers various views on challenges faced by today's economy and industry that are undoubtedly relevant to readers of almost all categories: from students to practitioners and scientists, but mostly for researchers.