Business digitalization is a process in which the physical world merges with the electronic one. A few examples include cyber-physical systems and smart production facilities. Other suggestions are the affect www.cloudycrowd.net/2020/04/01/digital-transformation-of-the-market-the-data-room-is-the-technology-1/ of recent software and services and the need to reimagine the way business is done. From this paper, all of us explore the business digitalization significance and outline 3 research gaps in this area. Eventually, we will explore some of the confident and adverse impacts of the new technology, and how we can help businesses adapt to it.
The benefits of digitalization include the ability to group many people and departments and connect these to create new ways to generate worth. This provides a low-risk environment for testing new concepts or ideas and demonstrating that they job. The writers suggest technical support for digitalization to help companies close this space. In the meantime, they recommend a few concrete techniques for businesses to take to help make the transition. In the end, the target is to permit a thriving business environment.
