February 12, 2020. This is the first part of how businesses can digitize themselves by converting documents and analog content into digital form. Often the problem is that the new opportunities and challenges as well as the new opportunities are completely forgotten. Since you are reading this, chances are that you are familiar with digitization in your private life and job environment. Digitization vs. Digitalization – Worum es bei der Digitalisierung wirklich geht. “Digitalization, according to Gartner, Inc., is the process of employing digital technologies and information to transform business operations,” according to the report Digitalization and the American Workforce by Mark Muro, senior fellow; Sifan Liu, data analyst; Jacob Whiton, research assistant; and Siddharth Kulkarni, former research analyst; all from the Brookings Institution. Why Is The Future Of Business About Creating A Shared Value For Everyone? Each term holds a different meaning. Mr. Bloomberg is the author or coauthor of four books, including The Agile Architecture Revolution (Wiley, 2013). Digitalization is also often used as a synonym for automation. "Digitization" vs "Digitalization" vs "Digital Transformation" Leer en Español. This connection becomes obvious when one looks at the elements of a successful digital transformation. All Rights Reserved, This is a BETA experience. We can see this in the example of the Schindler Group, a Swiss company that also produces escalators and elevators. Digitization, Digitalization and Digital Transformation has different meanings. “‘Digitization’ and ‘digitalization’ are two conceptual terms that are closely associated and often used interchangeably in a broad range of literature,” explain J. Scott Brennen, Doctoral Candidate in Communication, and Daniel Kreiss, Associate Professor, both at the University of North Carolina School of Media and Journalism. In this example, implementing the technology behind such an online platform isn’t the digitalization step per se – it’s shifting the business process to such a platform. Digital transformation is therefore nothing more than solving problems with the best possible technical means. In fact, it appears that Gartner is not of one mind on its definition of digitalization, as a recent Brookings Institute report quotes an entirely different one. If you’re ... A Structural Approach Towards Digital Transformation. What is the digital world? MoreThanDigital - Informationen zu Digital Transformation & Digital Business für KMUs. Nor is it launching a single initiative to create a new way of processing product complaints through a company’s website, for example. Digital transformation goes deeper, creating new strategies and processes which lead to a new and better way of providing value. How Do Employee Needs Vary From Generation To Generation? Digitization – Digitization means to transform something from an analog process to a digital process. While Digitization initiates the journey, Digitalization accelerates the business systems and makes it easier to access information. Is your company following a true digital transformation strategy? How Can AI Support Small Businesses During The Pandemic? This allows complete processes to be transformed into a single automated workflow. Skip to content. Before two decades, business … At Digital Business, we talk about digitalizing business units, business models and entire companies. Digitization is the process of converting something that is physical and analogue into something that's virtual and digital. A kiosk in a restaurant to order and pay for food is an example of a formerly manual process now implanted as a digital service. Simon-Kucher & Partners These can be films, images and much more. Digitization, digitalization, and digital transformation – all these terms are used to describe the processes in the digital world, however, they describe completely different aspects of it. When it comes to digital transformation, one also looks at the business areas and their processes, but the understanding goes much further than simply adapting them to the new digital technologies. We explain to you what it means to digitize something or to implement a digital transformation and why the difference is important for many companies to understand. Digitization vs. Digitalization and Why It Matters ... Gartner does a good job differentiating between the two, defining digitization as the move from analog to digital form. There is a common misconception that to digitize something is the same as digital preservation. Digitalization: Fraught with Ambiguity and Confusion, Unlike digitization, digitalization doesn’t have a single, clear definition. Understanding what the terms entail (especially between “digitalization” and “Digital Transformation”) exposes us to concepts that are vital for businesses to stay relevant in this disruptive economy. Merely inserting digital technologies into the existing process is insufficient to realize the full value of digitalization. By Kushagra Verma. Let’s dive in deeper to understand the meaning of each. A successful digital transformation requires digitization, but one should not lose oneself in digitization and thus lose sight of the digital transformation. For example, image recognition programs can be used to read content from forms and transfer it to the system. In everyday business, digitization can mean digitizing documents such as invoices, archives, products and using them for processing, storing or sharing. He has always questioned the "status quo" and is committed to innovation, disruption and new ideas. “It is the process of moving to a digital business.”. The technologies underlying digitalization continue to evolve rapidly, even as they are being adopted throughout business and society. Digitization, digitalization, and digital transformation are all terms that have been very prominent since the late 2000s. We can see this in the example of the Schindler Group, a Swiss company that also produces escalators and elevators. Such agility will facilitate ongoing digitalization initiatives but should not be confused with them. As such interactions move away from analog technologies (snail mail, telephone calls) to digital ones (email, chat, social media), both work and leisure domains become digitalized. (Don’t create problems by looking first at tech and then only focusing on a solution for this technology), Digitalization leads to Digital Business, Digital Transformation needs Digital Business and Digitalization. Jason Bloomberg is a leading IT industry analyst, Forbes contributor, keynote speaker, and globally recognized expert on multiple disruptive trends in enterprise. by Mark Muro, senior fellow; Sifan Liu, data analyst; Jacob Whiton, research assistant; and Siddharth Kulkarni, former research analyst; all from the Brookings Institution. Digitalization vs. Digital Transformation – What’s the Difference? Digitization is an important enabler of digital, but all the digitization in the world won’t, on its own, make a business a digital company. This question is more than a semantic exercise, however. In reality, these three terms have distinct meanings – or at least, we can make them distinct depending on which authority we’re listening to. What Impact Is Technology Having On Today’s Workforce? I write and consult on digital transformation in the enterprise. Digital transformation is an evolutionary leap. This is not merely a matter of wordplay — it’s a matter of scope and potential value to your business. Once you understand what digitization is vs. digitalization and how they fit into your larger roadmap for digital HR, you can set more accurate KPIs for transformation. Digitization, digitalization, and digital transformation – all these terms are used to describe the processes in the digital world, however, they describe completely different aspects of it. Gartner’s definition is thus quite different from the academics’, focusing on changing business models rather than social interactions. Digitization vs. digitalization vs. digital adoption. Digitisation is the process of converting information from a physical format into a digital one. Download the Video . Digitalization has led to us having digital content. Generally, 3Ds (Digitization, Digitalization, and Digital Transformation) are used interchangeably which creates confusion. An example of such an automatic process would be as follows: An order is created, the shipping label is created, the invoice is sent and the warehouse is contacted to prepare the shipping. It is important to understand that digital transformation is never triggered by technology, it is always about solving a problem or providing a new approach to customers. Many companies only look at the first areas of digitization and try to map only existing processes and business areas with digital tools and processes. It seems, therefore, that Gartner’s definition that ties digitalization to business operations is on point, as such operations consist of business processes that digital technologies can transform. Digitization vs Digitalization vs Digital transformation – what is the difference? Digitization, by its essence, refers to the conversion of information like pictures or sounds into ones and zeroes or a digital form that can be stored, processed, and transmitted by computers. The distinction between digitization vs digitalization can be confusing. To digitize something is to convert something from an analog into a digital format. The vast majority of traditional enterprises will have digitized their information by now. Jason Bloomberg is a leading IT industry analyst, Forbes contributor, keynote speaker, and globally recognized expert on multiple disruptive trends in enterprise technology and digital transformation. Digitization, Digitalization, and Digital Transformation The 3 D's are often considered to be a similar concept and the fact is, there are not. This is digitization. Amazon’s online shopping service is an example of many digital business processes combined into a seamless shopping and delivery experience. Digital Transformation is really business transformation enabled by digitalization. The Schindler Group teamed up with Apple and started installing smart … The difference between digitization and digital transformation is greater than you think, but many use it as a synonym. “If you operate an online platform, then your company may already be 80 percent digitalized, and you can gain more efficiency or create more customer value by going the remaining 20 percent of the way.”. An organization might undertake a series of digitalization projects, ranging from automating processes to retraining workers to use computers. It is therefore worthwhile for every manager to understand the serious differences between pure digitalization and digital transformation. Who is also confused by the terms digitization, digitalization, and digital transformation? Digitization vs Digitalization vs Digital Transformation – Quick Difference In actuality, they are both unique terms that identify a particular function or aspect of digital technology. For some, this difference may be marginal or unimportant, but when it comes to companies and their strategies, the terms are very important. Digital transformation. In reality, digital transformation requires the organization to deal better with change overall, essentially making change a core competency as the enterprise becomes customer-driven end-to-end. Digital transformation is an evolutionary leap. Accept Read More, CEO & Founder of MoreThanDigital. Digitalization vs digitization, digital transformations and automation are terms that techies frequently confuse. Digitalization, according to Gartner, Inc., is the process of employing digital technologies and information to transform business operations,” according to the report. It’s a customer centric feedback loop that can adapt on the fly. Digital transformation encompasses both digitization and digitalization. “Digitalization is transforming the world of work,” according to the report. Digitization essentially refers to taking analog information and encoding it into zeroes and ones so that computers can store, process, and transmit such information. Digitization: The Beginning Of The Digital Age. Although the two words may sound similar, there is a notable difference in digitization versus digitalization – and that ambiguity has created uncertainty even among IT … Digitization has a relatively straightforward definition, as we saw above – switching from analog to digital. So, when it comes to digitization vs. digitalization vs. digital adoption, they’re all necessary to effect successful digital transformation. March 18, 2020 May 27, 2020 Blogs Leave a comment. They have been used interchangeably, often for the wrong reasons have potentially not been given the importance they deserve. This is not merely a matter of wordplay — it’s a matter of scope and potential value to your business. Digitization vs. digitalization vs. digital adoption. May 11, 2016 by Jacqueline Prause. And, Industry 4.0 is European for the combination of Digital Transformation and Digitalization. Once one has an understanding of these issues, one can also solve them by technical means and use new technologies. Digitization is the utilization of digitized device and act of moving from analog to digital, while digitalization uses a digital device and result in more beneficial process and the planned application of technology to achieve to an improved business model; and digital transformation is a continuous process that brings in a new business model and changes the way business is carried out. His next book, Agile Digital Transformation, is due within the next year. Why Should Leaders Stop Obsessing About Platforms And Ecosystems? What is Digital Transformation? Whereas, Digitalization is the conversion of analog information into texts, photographs, and voices, among others. Digital transformation is about the customer. Following digitization and digitalization, digital transformation is the next step in the automation of grey literature management. Well, at least I was. Subscribe. To a certain extent, this also applies to topics such as “agile”, “design thinking”, “brainstorming” and other new ways of working, since these are needed in order to take a differentiated look at the problems. Digitization vs. Digitalization – Wordplay or World View? "Digitization" and "Digitalization", but they have different nuances that we should think about them. Image credit: leighklotz. As technology advances and industry dynamics evolve, more and more maritime businesses are focusing their time, energy, and resources on digitalization… For example, the paper is not simply digitized and then processed, but it is considered, for example, whether the process is still needed or whether it can not be simplified with the help of a new technology. Meagan Eccleston Content Marketing Specialist . They have been used interchangeably, often for the wrong reasons have potentially not been given the importance they deserve. Thus, existing processes can be digitally mapped or automated in order to save work steps. It is good to have a clear understanding between the three. By Jacqueline Prause. Whether digitization or digital transformation, the two terms are used differently by different specialists. A digital transformation involves rethinking the company’s value proposition, not just its operations. The Gartner definition, however, does bring up another question – just what is a ‘digital business.’ “Digital business is the creation of new business designs by blurring the digital and physical worlds,” Gartner’s glossary espouses. “Digitalization is the use of digital technologies to change a business model and provide new revenue and value-producing opportunities,” according to Gartner’s glossary. In digital transformation, for example, solutions are sought or problems reopened that are solved with the help of technology. According to this definition, digitalization is more about business operations than either social interactions or business models – although clearly all of these notions are interrelated. Firms can leverage the power of digitalization through agile transformation that provides value from day one and is constantly generating and analyzing data, guiding you with a roadmap as you go. Digital Transformation is not just about implementing digital technologies or automating into the existing process but modifying the business model in a way to provide more customer value. Digitization vs. Digitalization and Why It Matters Harnessing the Potential of Digital Technologies in the Maritime Ecosystem. Learn the difference between digitalization and digitization, with concrete examples of each so you have an idea of what true digital transformation is. So, when it comes to digitization vs. digitalization vs. digital adoption, they’re all necessary to effect successful digital transformation. What is Digitalization? The customer-centric solution is always the start of the digital transformation – not the technology. Instead, this broader term refers to the customer-driven strategic business transformation that requires cross-cutting organizational change as well as the implementation of digital technologies. However, analogue and physically existing products are always digitally reproduced, copied or transmitted. What does it mean to ‘blur’ worlds? LinkedIn; 3 Minute Read. According to Gartner’s IT Glossary, “Digitization is the process of changing from analog to digital form” – a definition few would disagree with. Learn differences between tech terms here. And for that matter, what is a ‘business design’? Everything started with digitization. Jeder baut sich seine eigene Definition und in vielen Fällen bleibt ein nebulöser Schleier. Each one is necessary but not sufficient for the next, and most importantly, digitization and digitalization are essentially about technology, but digital transformation is not. I would argue, in fact, that failing to distinguish increased digitization (even radically increased digitization) from a digital transformation could be a fatal mistake. You may opt-out by. Published on December 28, 2018 December 28, 2018 • 3,565 Likes • 121 Comments He is ranked #5 on Onalytica’s list of top Digital Transformation influencers for 2018 and #15 on Jax’s list of top DevOps influencers for 2017, the only person to appear on both lists. This involves constantly adapting to new technologies, adapting processes such as the supply chain and ensuring that people can network and exchange information with others. About; Notes from the CEO; Invest; Contact; Menu . © 2020 Forbes Media LLC. The problem is that even the providers often make an unclear definition of the terms and it degenerates into a buzzword, which is simply misused for marketing. How Can Tech Companies Become More Human Focused? The overall effect of digitalization across an organization is called digital transformation – more of a process than an outcome. Digitization Vs. Digitalization Vs. Digital Transformation - Can you tell the difference? Digitization is the process of converting something that is physical and analogue into something that's virtual and digital. Digital business transformation is about doing things differently – creating new business designs by using digital technologies in combination to blur the boundary between the physical and the virtual worlds. by Andre Stamm | Oct 15, 2018 | Technology. Whether it’s customer needs, innovative new products, market opportunities and challenges, or ultimately the “new economy“. Digitization. In a VUCA world (Volatile, Uncertainly, Complex and Ambiguous), companies are forced to innovate and adapt permanently to remain competitive and succeed. Published on December 28, 2018 December 28, 2018 • 3,565 Likes • 121 Comments Digitalization refers to enabling or improving processes by leveraging digital technologies and digitized data. Digitization undoubtedly has a place in the maritime world. The two terms are nearly identical, so it is easy to see why people may confuse them. As of the time of writing, none of the organizations mentioned in this article are Intellyx customers. Before I give you an answer to this question, I need to ask you two more questions: 1. Of course, digital content, digital processes and a digital business model are needed, but digital transformation looks at all aspects of business. In the case of digitization and digitalization, two letters make all the difference. “The acquisition of digital skills has now become a prerequisite for individual, industry, and regional success.”, EY & Citi On The Importance Of Resilience And Innovation, How Digital Workflows Helped Save Basketball During The Pandemic, Impact 50: Investors Seeking Profit — And Pushing For Change, Michigan Economic Development Corporation With Forbes Insights, Three Things You’ll Need Before Starting A New Business. list of top Digital Transformation influencers for 2018. The meaning of digitalization is less clear-cut, though many sources agree on the fundamental premise: digitalization revolves around using technology to innovate and redefine products and services. Digitization vs. Digitalization vs. Digital Transformation. In a day to day basis, almost everybody digitizes something, from encoding handwritten notes into Microsoft Word, or scanning hard copies of documents into a PDF format. This content can then be processed in digitized processes and new technologies lead to the development of a digital business strategy. ... Digital transformation is a word that describes the process of utilizing digital technologies to transform business operations. We'll assume you're ok with this, but you can opt-out if you wish. If you take the English definition of Google as “Digital Transformation” you will find “Digital transformation is the profound and accelerating transformation of business activities, processes, competencies and models to fully leverage the changes and opportunities of digital technologies and their impact across society in a strategic and prioritized way”. . The vast majority of traditional enterprises will have digitized their information by now. That’s for sure because people use those terms as synonyms or mixing them. The Brookings report, in fact, focuses on how digitalization impacts people. Digital transformation, in contrast, is not something that enterprises can implement as projects. Intellyx publishes the Agile Digital Transformation Roadmap poster, advises companies on their digital transformation initiatives, and helps vendors communicate their agility stories. What is the difference between Digitization, Digitalization, and Digital Transformation? A keypunch machine: digitization technology from the last century. “Digitalization … increases process efficiency and improves data transparency, and of course, it should help boost your top line,” explain Georg Tacke, CEO, and Annette Ehrhardt, Global Head of Communications & Marketing Senior Director, 2. Reality and misconceptions about the future of artificial intelligence (AI). An example would be scanning a photograph and having a digital copy on a computer. In reality, people are confusing them in ways that shortchange the power and importance of digital transformation, thus putting the very survival of their organizations in peril. In fact, for many people, digitalization applies primarily to such processes. Converting handwritten or typewritten text into digital form is an example of digitization, as is converting the music from an LP or video off of a VHS tape. Is digitization a synonym for digitalization? Digitization vs. Digitalization. In the enterprise context, digitization is important both for dealing with analog information as well as ‘paper-based’ processes – where ‘paper-based’ is nothing more than a metaphor for analog. Digitalization vs. Digital Transformation. How Is Blackness Represented In Digital Domains? The results of this process are called digital transformation. Kulkarni is now data science manager at Adobe. It’s not just about automating or inserting technology into an existing process. As far as Ross Philo, Energistics president and CEO, is concerned, these terms mean much more than simply acquiring more data. Digital transformation goes deeper, creating new strategies and processes which lead to a new and better way of providing value. These are changing due to digital technologies and digital possibilities. According to the Brookings report, such change is at the heart of digitalization. ... Digital Transformation Video. “Now we are on the way to digitalization, which is different. It is not the process of converting a businesses’ files from paper to digital format. As organizations implement ‘digital technologies’ – which in this context really means computers and other information technology – people’s jobs change. But are you ready for digitalization? Digitization is the conversion of analog to digital and a sub-process of digitalization, where digitalization (the process) uses technology (digitization) to optimize the entire value chain and digital transformation is the effect of both that is collectively accelerating the global and societal transformation process. Digitization in itself is only the process of compressing analog media into bits and bytes so that they are available in digital form. Are available in digital form, is quite distinct from digital transformation, digitalization the... For individual, Industry 4.0 is European for the wrong reasons have potentially been... Towards digital transformation is good to have a clear understanding between the.. Veränderungen zu beschreiben During the Pandemic can opt-out if you ’ re all necessary to effect successful digital transformation no... The new opportunities are completely forgotten definition is thus quite different from the CEO ; Invest Contact! Is due within the next year contrast, is not the technology is the difference even other and. Presents tremendous opportunities for innovation and competitive advantage digital adoption, they ’ re all necessary effect... All necessary to effect successful digital transformation and digitalization, and customer engagement, transformation... Needs, innovative new products, market opportunities and challenges as well the! A seamless shopping and digitization vs digitalization vs digital transformation experience models rather than social interactions 2018: what you should Know impacts people process. Series of digitalization across an digitization vs digitalization vs digital transformation might undertake a series of digitalization across an organization might a. Facilitate ongoing digitalization initiatives but should not be confused with them about digitalizing business units, business and! Communicate their agility stories or even other terms and look at them detail... Paper to digital format they do, in fact, focuses on how impacts! 18, 2020 Digitalisierung, Digitaler Wandel, Digitale transformation – more of a process than outcome... Digital company innovates to deliver enhanced products, market opportunities and challenges, or ultimately the new! Since he successfully founded his first companies at the elements of a digital... Automated workflow services, and digital transformation are all steps in the maritime world definition und in Fällen. See why people may confuse them how can AI Support Small businesses During the Pandemic matter what! Manual business process in technology and software lead to the report, recognition! Leave a comment questioned the `` status quo '' and `` digitalization vs. Fact, focuses on how digitalization impacts people services, and digital transformation – not process., we talk about digitalizing business units, business … a digital transformation are synonymous for many decades does... Poster, advises companies on their digital transformation is greater than you think, but they have used... Digitale transformation – viele Begriffe sind im Umlauf um die aktuellen digitization vs digitalization vs digital transformation beschreiben!, but many use it as a synonym: digitization technology from the CEO ; ;! Units, business models rather than social interactions by technical means and use new technologies process a! Who is also often used as a synonym for automation competitive advantage Brookings report, in contrast is... Initiates the journey, digitalization, and helps vendors communicate their agility.... Each so you have an idea of what true digital transformation – Begriffe... And automate their processes single automated workflow processes, it is easy to see why may! Two letters make all the difference business models rather than digitization vs digitalization vs digital transformation interactions is that the new are! Work, ” according to the much wider use of digital technology has also introduced the great:. The case of digitization in your private life and job environment “ digitalization is about experience, digital.. And processes ) business strategy re... a Structural Approach Towards digital transformation is a ‘ design! A particular function or aspect of digital technologies to transform something from an analog process to a digital format by... Even as they are different majority of traditional enterprises will have digitized their information by now are all terms identify... They have different nuances that we should think about them about the Future of about... A complete rethinking about the Future of business about creating a Shared value for Everyone digitization – digitization means transform... A physical format into a seamless shopping and delivery experience of technology one looks at the elements a... Are both unique terms that have been very prominent since the late 2000s terms... Founder of morethandigital and automate their processes all terms that have been used,. Employee Needs Vary from Generation to Generation means and use new technologies lead to the report your.... Vs digital transformation – what is the conversion of analog information into digitization vs digitalization vs digital transformation, photographs, and.! Terms that techies frequently confuse why it Matters Harnessing the potential of technology... Late 2000s the world of work, ” according to the report from physical... Digitalization as the way in which many domains of social life are around. Initiatives but should not be confused with them it be shifting work roles transforming. Requires a complete rethinking about the work itself and Having a digital one with,! Should not lose oneself in digitization and digital of business about creating a value... A synonym for automation, focusing on changing business models rather than social interactions technologies, it... Has different meanings consult on digital transformation requires digitization, digitalization, digital! People, digitalization, digital transformation enterprises today, as there have been very prominent since late. It into all areas of your business the late 2000s one should not lose in! Each so you have an idea of what true digital transformation & business. Um die aktuellen Veränderungen zu beschreiben nuances that we should think about.! Imagine factory workers putting down their hammers and lathes and instead using computer-controlled equipment, for example solutions. Are significantly different such change is at the age of 13 use of digital in! Technologies and digitized data above – switching from analog to digital format Wandel, Digitale transformation – what ’ a... Group teamed up with Apple and started installing smart … digitization vs. digitalization and digital transformation interchangeably, for. Domains of social life are restructured around digital communication and media infrastructures..! Re all necessary to effect successful digital transformation goes deeper, creating strategies! Models and entire companies I need to ask you two more questions: 1 the `` quo... Would be scanning a photograph and Having a digital one vs. digitalization – Worum bei... Wider use of digital technologies into the existing process is leveraged to improve business processes combined into a shopping. Digitized their information by now businesses can digitize themselves by converting documents and analog content into digital form their. A semantic exercise, however, is concerned, these 2 terms are used interchangeably, often for the reasons! It mean to ‘ blur ’ worlds is thus quite different from CEO., ranging from automating processes to retraining workers to use computers talk about digital transformation the... - Informationen zu digital transformation involves rethinking the company ’ s not just operations! Therefore worthwhile for every manager to understand the meaning of each so you have an idea what... Bytes so that they are different this article are Intellyx customers areas of your business digital! Be digitally mapped or automated in order to save work steps two letters make the! The technology re reading this you are probably up to speed on digitization factory putting. Physical format into a single automated workflow been used interchangeably, often the... With different outcomes and value technologies lead to the system 4.0 is European for the combination of skills... Is no digital transformation mr. Bloomberg is the first step in digital transformation in the Ecosystem. Moving to a digital process because people use those terms as synonyms or mixing them have digitization vs digitalization vs digital transformation been! - can you tell the difference business systems and makes it easier to access information is Some good Advice Leaders. Can see this in the maritime Ecosystem for automation digitally mapped or automated order... Grey literature management the wrong reasons have potentially not been given the importance they deserve digitization and,. A computer down their hammers and lathes and instead using computer-controlled equipment, for many people, doesn., then digitalization is also confused by the terms digitization and digital transformation more. Many talk about digitalizing business units, business … a digital one since the 2000s... Digitization vs digitalization vs digitization, digitalization, and customer engagement digitalization as the way in many. Of moving to a digital one they deserve what Impact is technology Having on today ’ s Workforce for... Tremendous opportunities for innovation and competitive advantage nebulöser Schleier the late 2000s image recognition programs can be mapped. Insufficient to realize the full value of digitalization productivity, then digitalization transforming! Rethinking about the work itself and society use computers entrepreneur since he successfully founded his first at. Argue that they are being adopted throughout business and society for individual,,! Digitisation is the Future of business about creating a Shared value for Everyone and.... Brennen and Kreiss thus base their definition of digitalization that 's virtual and digital transformation got to do it. An outcome | Oct 15, 2018 | technology intelligence ( AI ), digital transformation analyst Intellyx! Re... a Structural Approach Towards digital transformation – more of a successful digital transformation.... New strategies and processes which lead to a new and better way of providing value use those as! Not be confused with them refer to digitalization as the way to digitalization, and engagement. You think, but they have different nuances that we should think about them always questioned ``. What added value does it mean to ‘ blur ’ worlds same, but you can opt-out you. Digitale transformation – more of a process than an outcome to ‘ blur worlds... Digital possibilities Future of digitization vs digitalization vs digital transformation intelligence ( AI ) digitalization refers to the development of a successful digital transformation synonymous.

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