Business Digitalization Implications

Business digitalization is a method in which the physical world integrates with the digital one. Some examples include cyber-physical systems and smart production facilities. Other good examples are the effects www.cloudycrowd.net/2020/04/01/digital-transformation-of-the-market-the-data-room-is-the-technology-1/ of recent software and services as well as the need to reimagine the way business is done. With this paper, we explore the company digitalization implications and outline 3 research gaps in this area. In the long run, we will explore a number of the great and detrimental impacts of this new technology, and just how we can help businesses adjust to it.

The key benefits of digitalization range from the ability to group many people and departments and connect those to create new ways to generate value. This provides a low-risk environment for tests new concepts or ideas and demonstrating that they work. The writers suggest tech support team for digitalization to help companies close this difference. In the meantime, that they recommend some concrete actions for firms to take to make the transition. Finally, the goal is to allow a growing business ecosystem.