dkatzBusiness digitalization is a procedure in which the physical world merges with the electronic one. Some examples include cyber-physical systems and smart factories. Other samples are the influence of new software and services plus the need to reimagine the way organization is done. With this paper, we explore the business digitalization implications and outline 3 research gaps in this area. In the end, we can explore a number of the positive and bad impacts with this new technology, and how we can support businesses adapt to it.
The main advantages of digitalization range from the ability to group many persons and departments and connect them to create innovative ways to generate value. This provides a low-risk environment for screening new ideas and proving that they operate. The creators suggest technical support for digitalization to help https://cloudycrowd.net/2020/07/30/business-digitalization-by-board-room/ companies close this space. In the meantime, they will recommend a few concrete basic steps for corporations to take to make the transition. Ultimately, the objective is to allow a growing business environment.