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 good examples are the affect of recent software and services and the need to reimagine the way organization is done. With this paper, we all explore the company digitalization ramifications and outline three research gaps in this area. Ultimately, we will explore some of the positive and negative impacts of the new technology, and how we can support businesses adapt to it.
The benefits of digitalization include the ability to group many people and www.cloudycrowd.net/2020/03/23/business-digitalization-implications-and-solutions/ departments and connect those to create new ways to generate worth. This provides a low-risk environment for screening new ideas or concepts and showing that they do the job. The writers suggest technical support for digitalization to help companies close this difference. In the meantime, that they recommend a few concrete actions for firms to take to make the transition. Finally, the target is to allow a growing business ecosystem.