Digitalization has come a long way since the inception of personal computers. In today’s world, every individual or organization needs to have a basic understanding of digitalization. It is essential as it’s almost impossible to operate without it. Digitalization has brought more efficiency, flexibility, and innovation to business activities.
To make sense of digitalization, one needs to be familiar with its basic terminologies such as big data, cloud computing, the internet of things, and artificial intelligence. Big data refers to the massive amounts of structured and unstructured data that an organization has to handle. Cloud computing provides on-demand access to computing resources such as servers, storage, and applications over the internet. The internet of things is the interconnection of devices over the internet.
Artificial intelligence (AI) refers to the ability of computer systems to perform tasks that typically require human intelligence, such as understanding natural language, recognizing images, and decision-making. With time, AI has become more advanced, and its impact is evident in industries such as healthcare, transportation, and finance.
To make sense of digitalization, one needs to understand the different stages of digital maturity. These stages include first-generation digitalization, second-generation digitalization, and third-generation digitalization. First-generation digitalization refers to using technology to automate business processes. Second-generation digitalization involves using technology to connect with customers. Third-generation digitalization focuses on integrations, collaborations, and partnerships across multiple industries.
In conclusion, digitalization is here to stay, and it is becoming more advanced with time. To make sense of digitalization as a beginner, one needs to understand its basic terminologies, the different stages of digital maturity, and how it affects industries. With this understanding, beginners can begin to explore how digitalization can work for them in their daily activities.
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