Ascent Soft explains in this article what digitalization is in business, what benefits digitalization brings, how this process is implemented and what are the costs.
Digitalization is the process by which we introduce digital technology into certain business processes. This process results in major changes in the organization of the business and in the way it operates. Moreover, digitalization is a change of mentality in a business or an organization. Digitalization is one of the important steps in creating a business as automated as possible.
The terms digitalization and digitization have distinct meanings. Often, people confuse the two processes because of very similar names. Digitization is the process of transforming analog data into digital data. Once you have digitized the business you can start preparing for digitalization. Digitalization works with the help of digital data.
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