digitalization
Digitalization, the process of converting analog information into digital format, has become a pervasive force shaping industries worldwide.
Major trends in digitalization include the adoption of cloud computing, artificial intelligence (AI), Internet of Things (IoT), and big data analytics. These technologies enable businesses to streamline operations, enhance efficiency, and gain insights for strategic decision-making.
The shift towards digitalization impacts businesses by offering opportunities for innovation, cost reduction, and improved customer experiences. Moreover, it facilitates remote work and collaboration, especially crucial in the face of global challenges such as the COVID-19 pandemic.