Digitization is the process of converting information into a digital (i.e. computer-readable) format. ... Digitization is of crucial importance to data processing, storage and transmission, because it "allows information of all kinds in all formats to be carried with the same efficiency and also intermingled".

What is the process of digitalization?

Process Digitalization: When digitalizing processes, it means that some digital technologies are being used in the processes and managing data digitally (digitized data and digitally native data), in order to convert processes (not simply digitization) into processes more efficient, more productive, more profitable and ...

What is the purpose of digitization process?

Digitization process integrates digital technologies into the organizational strategy and operations. It helps the organization to focus on opportunities to merge the best of both digital and physical processes. The process aims to profoundly extend competitive advantages and accelerate profitable growth.