Business Digitalization Significance

2022-06-19 0 By Edwards

Business digitalization is a process in which the physical world merges with the online one. Some examples include cyber-physical systems and smart factories. Other illustrations are the impression of new software and services and the need to reimagine the way organization is done. With this paper, we explore the organization digitalization ramifications and outline three research gaps in this area. Inevitably, we might explore some of the confident and very bad impacts with this new technology, and how we can help businesses adjust to it.

The advantages of digitalization include the ability to group many persons and visit their website departments and connect those to create innovative ways to generate worth. This provides a low-risk environment for testing new ideas or concepts and proving that they work. The creators suggest tech support team for digitalization to help companies close this gap. In the meantime, they recommend a few concrete ideas for corporations to take to help make the transition. In the end, the target is to allow a booming business ecosystem.