Difference between Digitization, Digitalization and Digital Transformation

Difference between Digitization, Digitalization and Digital Transformation

Digitization is conversion of analog information to the digital format.

Example: scanning paper books to digital books.

Digitalization is the actual process of conversion of information which uses technology.

Example: IoT, Big Data

Digital Transformation is the effect of Digitalization which results in better opportunities.

Example:  transformation existing organizational business models to bring upside growth potential.

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