Why digitalization is so important today, the reasons I choose this career path ?

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Digitalization is a process in which digital technologies are used to change the way business functions. Digitalization has already penetrated most industries and is transforming the way we live and conduct business. Digital technologies have created new opportunities for businesses to operate more efficiently, create new revenue sources and transform existing products into more valuable solutions for their customers.

Digitalization is the use of digital technologies to change a business model and provide new revenue and value-producing opportunities

Digitalization is the use of digital technologies to change a business model and provide new revenue and value-producing opportunities. Digitalization refers to the use of digital technologies to change a business model and provide new revenue and value-producing opportunities.

All organizations, not just technology companies, will need to become digital from core to edge.

One reason why digitalization is important today, is that all companies need to become digital. This includes not just tech and internet companies, but also financial services companies, manufacturing businesses and many more. When we say “digital” we mean that an organization should use technology as an enabler to improve its performance. The impact of digitalization can be seen across all industries by four key areas:

  • Core to edge (or C2E) – Core functions are now performed by machines based on data from sensors or algorithms. For example, human staff at airports no longer check passengers through security gates; instead automated gates do this for them in seconds with little error rate compared to humans having up to 30% failures in checking passengers due to fatigue or distraction;

  • Digitalization of products and services – Not only does this include how products are designed but also how they are marketed and sold online such as through ecommerce sites such as Amazon which has transformed retail over recent years;

  • Social media platforms – These have become one of the most powerful tools not just for marketing but also for customer service where customers can provide feedback through reviews on websites such as Tripadvisor which could then be used by hotels or airlines etc., so they know what their weaknesses are in terms of providing good customer service;

  • Mobile devices – Mobile devices have become essential tools in many people’s lives allowing them access anytime anywhere without being tied down at desks like traditional computers have done previously

IT service providers will also need to move away from relying on labor arbitrage as their main competitive advantage and start building deep expertise in analyzing, integrating, and delivering complex solutions for them

Labor arbitrage is the practice of hiring people in a less expensive location to perform work that can be done more cheaply there than in other locations. Digitalization changes everything, including how IT service providers operate. In fact, digitalization has allowed many companies to outsource their operations to other countries where labor costs are lower and thus boost profits and margins.

However, with the exponential growth of Big Data technology and AI tools, this model will no longer be enough for IT service providers to compete with giants such as Google or Facebook who have access to massive amounts of data from consumer sources like Gmail or Facebook Messenger Chatbots . This means that IT Service Providers will also need to move away from relying on labor arbitrage as their main competitive advantage and start building deep expertise in analyzing, integrating, and delivering complex solutions for them.

Digitalization provides better insights into all areas of a business faster than ever before, helping to take advantage of new revenue streams, growth opportunities and client relationships.

Digitalization provides better insights into all areas of a business faster than ever before, helping to take advantage of new revenue streams, growth opportunities and client relationships.

For example:

  • Customer Experience Management (CEM) can help companies improve their customer service by analyzing data from multiple touch points — including website visits, phone calls and social media posts — in real time. This allows businesses to identify issues plaguing their customers' experiences quickly and devise solutions that address those problems. Companies can also use CEM technology to create personalized experiences for each individual customer based on his or her preferences and behaviors.

  • In addition to improving the customer experience, companies can use digital technologies such as chatbots or smart speakers such as Amazon Alexa or Google Home for targeted marketing campaigns based on specific interests that users have expressed online over time through search history tracking tools like Google Adwords Keyword Planner or Facebook Power Editor

Industry 4.0 technologies offer numerous opportunities for manufacturing companies that traditionally have been focused on geographic expansion, capacity optimization or improving quality control.

Industry 4.0 is a concept that describes the fusion of digital and physical manufacturing processes. It's not just about automating existing processes; it's also about optimizing them to realize a new level of efficiency, effectiveness and flexibility.

For example, Industry 4.0 technologies offer numerous opportunities for manufacturing companies that traditionally have been focused on geographic expansion, capacity optimization or improving quality control. These include:

  • Digitalizing operations like maintenance planning and predictive maintenance so you can reduce downtime dramatically by using AI-based systems that predict potential problems before they occur

  • Using AI to optimize production by predicting which products will sell well based on past sales data so you can allocate resources accordingly

I have chosen this career path because I like technology world which is rapidly changing our life!

I have chosen digitalization as my career path because I like technology world which is rapidly changing our life. I like to work with technologies that are changing the world, and I want to be a part of this change. I want to be a part of this revolution, and I also want to be a part of digitalization.

With this in mind

Digitalization is an opportunity to improve our lives and the world in which we live. It’s important that we get it right.