Digitalization refers to the process of transforming analog information and processes into digital formats, enabling organizations to improve efficiency, enhance decision-making, and innovate their business models. This transformation plays a crucial role in connecting data-driven insights with operations, leading to streamlined processes and better customer experiences. It is a key enabler of broader digital transformation initiatives that are reshaping industries in the context of rapid technological advancement.
congrats on reading the definition of Digitalization. now let's actually learn it.