What is Digitalization? Why do businesses choose digital transformation?

Mondo Technology Updated on 2024-01-29

DigitalizationIt refers to the use of digital technologies to change business models and provide new opportunities for revenue generation and value creation; It's the process of transforming into a digital business.

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Digitalizationis the process of converting analog information and data into digital form – for example, scanning a ** or file and storing it on a computer. DigitalizationIt's using digital technology to transform business processes and projects – for example, equipping employees with the skills to use new software platforms to help launch products faster.

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Digital transformationIt can mean anything from information technology modernization (e.g., cloud computing) to digital optimization to inventing new digital business models. In public sector organizations, digital transformation typically refers to modest initiatives such as servicing or modernizing legacy services in the process of going digital"。

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Digital transformationAdopt a customer-driven, digital-first approach that touches every aspect of the business, from business models to customer experience to processes and operations. It leverages artificial intelligence, automation, hybrid cloud, and other digital technologies to leverage data, drive intelligent workflows, enable faster, smarter decision-making, and respond in real-time to market disruptions.

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With the rise of digital technology, customer expectations have also changed. Customers now expect businesses to deliver seamless experiences across multiple channels. For example, if you have a web app, then you need to develop a mobile app to retain your customers and attract new ones.

The official website of Yizhiwei provides a large number of industry cases and large-screen templates to help enterprises in their digital transformation.

Source: Yizhiwei official website.

Digital transformation can dramatically improve business efficiency by automating manual processes, reducing errors, and increasing productivity. For example, adopting a cloud-based solution can enable employees to access data and collaborate more effectively from anywhere in the world. If you're a business owner of a large eCommerce store, you should consider where your customers are coming from** and choose region-specific cloud storage to reduce latency.

Many businesses can leverage emerging technologies such as artificial intelligence, machine Xi, big data, and the Internet of Things to gain insight into customer behavior, streamline operations, and improve decision-making.

Digital transformation can help businesses save costs by reducing manual labor, streamlining processes, and increasing productivity. For example, by adopting cloud storage, businesses can save on hardware costs and reduce the need for physical storage.

Digital transformation can also help businesses adopt advanced security measures such as multi-factor authentication, encryption, and network segmentation to improve their security posture. This can help businesses protect their data from potential cyberattacks and minimize the risk of data breaches.

Digital technologies can make businesses more agile and adaptable, allowing them to respond quickly to changing market conditions and customer needs. This can give them a competitive edge over businesses that are slower to adapt.

The above are the relevant insights of digital transformation, it is not easy to share, thank you for your support!

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