Business Digitalization Implications

Business digitalization is a process in which the physical world merges with the online one. A few examples include cyber-physical systems and smart factories. Other cases are the impact of new software and services plus the need to reimagine the way organization is done. From this paper, we explore the company digitalization significance and outline 3 research gaps in this area. Ultimately, we can explore some of the positive and harmful impacts of this new technology, and just how we can help businesses adjust to it.

Some great benefits of digitalization range from the ability to group many people and departments and connect these to create new ways to generate benefit. This provides a low-risk environment for examining new ideas and showing that they work. The experts suggest technical support for digitalization to help companies close this space. In the meantime, they recommend some concrete ideas for businesses to take to make the transition. Finally, the goal is to permit a booming business environment.

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