Business Digitalization Effects

Business digitalization is a process in which the physical world merges with the virtual one. Some examples include cyber-physical systems and smart industries. Other articles are the impact of recent software and services as well as the need to reimagine the way business is done. Through this paper, we all explore the company digitalization ramifications and outline 3 research gaps in this area. Inevitably, we should explore a few of the positive and undesirable impacts on this new technology, and just how we can help businesses adjust to it.

The key benefits of digitalization are the ability to group many people and departments and connect those to create new ways to generate worth. This provides a low-risk environment for assessment new concepts or ideas and proving that they work. The experts suggest technical support for digitalization to help companies close this gap. In the meantime, they will recommend several concrete guidelines for corporations to take to make the transition. In the end, the target is to allow a booming business environment.