Business Digitalization Ramifications

Business digitalization is a method in which the physical world merges with the virtual one. A few examples include cyber-physical systems and smart factories. Other articles are the influence of new software and services as well as the need to reimagine the way business is done. With this paper, all of us explore the organization digitalization effects and outline 3 research gaps in this area. Inevitably, we can explore a few of the helpful site positive and poor impacts of the new technology, and just how we can support businesses adapt to it.

Some great benefits of digitalization are the ability to group many persons and departments and connect these to create new ways to generate benefit. This provides a low-risk environment for evaluating new ideas and demonstrating that they operate. The experts suggest technical support for digitalization to help companies close this hole. In the meantime, they recommend some concrete ideas for companies to take to make the transition. In the end, the goal is to allow a booming business ecosystem.

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