GLOSSARY

Digitisation, Digitalisation and Digital Transformation

Digitisation, Digitalisation and Digital Transformation

[vc_row][vc_column][vc_column_text]Digitization is simply the process of converting analog assets to digital assets. To create online learning media, which is frequently kept in an LMS, in the context of learning, one frequently uses paper-based training materials or face-to-face classroom delivery.

The strategic application of digital tools to enhance corporate procedures is known as digitalization. For instance, this could involve analyzing team or employee data in a performance management system (or even simply a spreadsheet) to find areas where training materials need to be improved or skills shortages need to be filled. A business model could also alter as a result of digitalization; for instance, a physical goods store could transition to e-commerce or a training organization could start providing courses online.

The biggest strategic shift, as orchestrated by the top management, is digital transformation. A number of long-term, closely coordinated digitization projects may need to overlap and communicate with one another.

An organization’s ability to uncover new efficiencies, adopt cutting-edge technology, and alter organizational culture can all be made possible by digital transformation.[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]Q: What is digitisation?
A: Digitization is the process of transferring data from its physical or analogue form into a digital format that can be used by computers and other electronic devices for storage, access, and manipulation.

Q: What is digitalisation?
A: Digitalization is the application of digital technologies to alter how organisations run, serve customers, and communicate with stakeholders. Digital technology must be incorporated into all aspects of an organization’s operations and processes.

Q: What is digital transformation?
A: The process of using digital technologies to fundamentally alter how an organisation functions and provides value to customers is known as digital transformation. To take advantage of the opportunities offered by digital technologies, it entails reevaluating business models, procedures, and customer interactions.

Q: What are the benefits of digitisation?
A: Information efficiency and accessibility can be increased through digitization, which can also lower the costs of physical storage and distribution and open up new opportunities for collaboration and work.

Q: What are the benefits of digitalisation?
A: Increased productivity, better customer experiences, and the capacity to collect and analyse data for insights and decision-making are all benefits of digitalization.

Q: What are the benefits of digital transformation?
A: Through the development of digital products and services, digital transformation can help organisations become more innovative and competitive, more agile and responsive to changing market conditions, and able to generate new sources of revenue.

Q: How do digitisation, digitalisation, and digital transformation differ?
A: All three concepts make use of digital technologies, but while digitalization is concerned with converting physical information to digital format, digitalization entails integrating digital technology into every aspect of an organization’s operations, and digital transformation is a strategic process that entails fundamental changes to how an organisation operates and provides value to customers.[/vc_column_text][/vc_column][/vc_row]