Business Digitalization Ramifications

Business digitalization is a process in which the physical world merges with the online one. Some examples include cyber-physical systems and smart industrial facilities. Other examples are the affect of new software and services and the need to reimagine the way business is done. In this paper, all of us explore the company digitalization effects and outline 3 research gaps in this area. In the long run, we is going to explore some of the my explanation positive and harmful impacts of the new technology, and just how we can support businesses adapt to it.

The advantages of digitalization range from the ability to group many persons and departments and connect those to create new ways to generate value. This provides a low-risk environment for screening new concepts or ideas and proving that they operate. The creators suggest tech support team for digitalization to help companies close this gap. In the meantime, they recommend a lot of concrete techniques for corporations to take to make the transition. Eventually, the target is to enable a booming business ecosystem.

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