What is Digitalization and Why is it Essential for Business Growth?
The success of a business today is dependent on digitalization. It happens when a company uses digital technologies such as automation solutions to transform its business model and create new value-producing opportunities. This article will explain what digitalization is. We'll also discuss how digitalization can be applied to your business. What's digitalization? Gartner defines digitalization as using digital technology to transform a business model, generate new revenue, and create value. Many companies have experienced success through digitalization. Businesses can fully utilize digital technology to automate their marketing and process orders. Digitalization can help increase efficiency in business operations and make automation possible . The entire business landscape has been rearranged by digital technologies, which have transformed it from analog to digital. Digital technologies ensure that data is not stored on storage devices anymore but only in the c...