Business digitalization is a process in which the physical world merges with the virtual one. A few examples include cyber-physical systems and smart production facilities. Other suggestions are the impression of new software and services plus the need to reimagine the way business is done. From this paper, all of us explore the business enterprise digitalization effects and outline 3 research gaps in this area. Ultimately, we should explore some of the great and harmful impacts with this new technology, and exactly how we can support businesses adjust to it.
The benefits of digitalization are the ability to group many persons and https://cloudycrowd.net/2021/12/06/4-types-of-innovative-business-models/ departments and connect them to create new ways to generate value. This provides a low-risk environment for testing new ideas or concepts and showing that they work. The creators suggest technical support for digitalization to help companies close this hole. In the meantime, that they recommend some concrete simple steps for corporations to take to make the transition. In the long run, the objective is to enable a growing business ecosystem.