Business Digitalization Implications

Business digitalization is a procedure in which the physical world integrates with the online one. A few examples include cyber-physical systems and smart production facilities. Other examples are the affect of recent software and services plus the need to reimagine the way organization is done. In this paper, we explore the business enterprise digitalization ramifications and outline 3 research spaces in this area. In the long run, we will explore a number of the great and bad impacts on this new technology, and just how we can support businesses adapt to it.

The benefits of digitalization include the ability to group many people and important site departments and connect them to create innovative ways to generate benefit. This provides a low-risk environment for testing new ideas or concepts and showing that they function. The authors suggest technical support for digitalization to help companies close this space. In the meantime, they will recommend a lot of concrete ideas for companies to take to help make the transition. In the long run, the aim is to permit a thriving business ecosystem.