BUSINESS

Definition: What Is “Digitization”?

The term digitization has several meanings. It can mean the digital conversion and representation or implementation of information and communication or the digital modification of instruments, devices and vehicles as well as the digital revolution, which is also known as the third revolution, or the digital turn. Last but not least, “information age” and “computerization” are mentioned in the latter context.

General

The term digitization has several meanings. It can mean the digital conversion and representation or implementation of information and communication or the digital modification of instruments, devices and vehicles as well as the digital revolution, which is also known as the third revolution, or the digital turn. In the latter context, which is dealt with in the present article, the “information age” and “computerization” are mentioned last but not least.

While in the 20th century information technology (IT) was primarily used for automation and optimization, private households and workplaces modernized, computer networks created and software products such as office programs and enterprise resource planning systems introduced, disruptive technologies and innovative business models as well as autonomization, flexibility and individualization in digitization have been in the foreground since the beginning of the 21st century. This has taken a new direction and is leading to the fourth industrial revolution, which in turn is associated with the term Industry 4.0 (also “Enterprise 4.0”).

examples

Digitization has led to various upheavals, starting with the reinterpretation of the concept of goods and works and the simplification of copying and distribution options, through changes in the world of work, to the merging of virtuality and reality.

Entire companies and industries have been transformed. Specialized platforms are crowding out traditional players despite not owning their own equipment, vehicles or real estate. The operators of social networks create little or no content of their own.

The user-generated content is used for analysis, which in turn is used for personalization (also from advertising) is based. With Industry 4.0 and its Smart Factory, unprecedented types of robots and process chains are gaining ground and developments such as the Internet of Things and 3D printing are being promoted.

Artificial intelligence (AI) , big data and cloud computing allow previously unknown activities and analyses. New input and output devices and new processes such as data glasses or virtual reality glasses and gesture control are transforming office space and workbenches as well as the entertainment sector.

criticism and outlook

Digitization is discussed and criticized, and in particular the next stage of development that it enables is controversial in society , business and politics . The area ethics can reflect the moral problems arising from digitization – for example in relation to Industry 4.0 – above all technology, information and business ethics .

Technology and information ethics ask about the gain and loss of personal and informational autonomy and about the dependence of customers on IT and IT companies, the sub-disciplines of business ethics about the responsibility of companies ( corporate ethics) in the use of data and in production processes towards users and employees and in the responsibility of consumers of digital goods and services ( consumer ethics ). Law, medicine, sociology and psychology also deal with the consequences .

The machine ethicsis interested in the possibility of moral machines that obey rules or consider cases and with which certain consequences can be avoided. Against the background that workers and employees are losing their jobs because hardware and software robots can do it cheaper and faster (sometimes better), approaches and concepts such as the robot tax and the unconditional basic income are being considered and factors that are affecting the social Promote justice and social cohesion.

Also Read : Business Startup – 8 Steps To Your Own Company

TechBuzzard

At Tech Buzzard One can easily find all The Technology related articles and news along with Gadget reviews and latest Gadget releases. We will also cover all the Business related trending topics and Marketing tips for all the Businesses across the world.

Recent Posts

The Benefits of Using an Online Fax Service

The demand for efficient and cost-effective communication methods is rising. Online fax services offer an…

4 months ago

E-Commerce Trends 2024 – The Most Important Developments In Online Retail

The e-commerce industry has had a year like no other, marked by political and economic…

5 months ago

Sustainability In Logistics: How To Make Your Business Greener

What is sustainability in logistics ? When we talk about sustainability in logistics , we…

6 months ago

Emerging Trends In Ecommerce: What You Need To Know For 2024

New technologies have changed the way we relate to each other, as well as the…

6 months ago

How Apps Have Forever Changed The Way We Interact With Technology

The unstoppable development of technology has brought about an impressive transformation of functionality in apps…

7 months ago

WISHEW And The New Era Of Social Networks: A Revolution Is Underway

WISHEW App And Platform Launch In The United States On World Wish Day, April 29,…

7 months ago