digitalization Definition
- 1the process of converting information into a digital form that can be processed by a computer
- 2the use of digital technologies to change a business model and provide new revenue and value-producing opportunities
Using digitalization: Examples
Take a moment to familiarize yourself with how "digitalization" can be used in various situations through the following examples!
Example
The digitalization of medical records has made it easier for doctors to access patient information.
Example
The company's digitalization strategy has led to increased profits and efficiency.
Example
Digitalization has revolutionized the way we communicate and access information.
digitalization Synonyms and Antonyms
Synonyms for digitalization
Phrases with digitalization
the integration of digital technology into all areas of a business, resulting in fundamental changes to how businesses operate and deliver value to customers
Example
The company's digital transformation has allowed them to reach new markets and increase customer engagement.
an economy that is based on digital computing technologies, including communication networks, software, and services
Example
The digital economy has created new opportunities for entrepreneurs and small businesses.
Example
The digital divide is a major issue in many developing countries.
Summary: digitalization in Brief
Digitalization [ˌdɪdʒɪtəlaɪˈzeɪʃən] refers to the process of converting information into a digital form that can be processed by a computer. It also encompasses the use of digital technologies to transform business models and create new opportunities. Examples include the digitalization of medical records and the digital economy. Digitalization is related to concepts like 'digital transformation' and 'digital divide.'
