Digitalization is the mixing of virtual technologies with cutting-edge progress into everyday lifestyles through the digitization of everything that can be digitized.
For businesses, digitalization is the way toward moving to an advanced business through the use of digital technologies by changing the plan of action, providing new revenue and value-producing opportunities.
According to Gartner, “Digitization is the process of changing from analog to digital form.”
Digitalization is not quite the same as digitization. Through digitalization, an organization's digitized assets (any information about you or created by you that exists in digital form) are changed into new sources of profits, operational advantages, and augmentations.
White Paper By: Bristlecone
Since digitalization is the key to enhancing customer experience, organizations go through the digitalization journey to create an ecosystem and provide a significant number of products and services which focus on the customer experience. This whitepaper defines digitization as the process by which various analog elements into electronically readable formats in order to create a paperless...
White Paper By: Software AG
Digitalization is the road of moving towards digital business and digital transformation, as well as the creation of new digital revenue streams and offerings while doing so. Through digitalization, a company’s digitized resources are transformed into new sources of revenue and operational gains. Businesses need to develop entirely new processes based on modern software architectures...
White Paper By: Nexright
Application Programming Interface (API) economy is the key to provide great digital banking experience to the customers. API provides value in the context of Bank’s business & competitor strategy to meet demands of customer experience driving banking innovations. How do the banks benefit from APIs? Identify attributes which can provide individualized customer experience...