Digitization and Digital Refinement Questions Answered

Digitization and Digital Refinement Questions Answered

Digitization is known as the process of converting information into a digital format which is a computer-readable format.

Digitization is of crucial importance to data processing, transmission, and storage. It, therefore, allows information of all kinds in a variety of formats that are carried out with the same level of efficiency and are coincidently then intermingled.

The result is the representation of an object, sound, image, document, or signal generated by a series of numbers that define a discrete collection of samples and sets of points. Digitization is the process of converting analog signals or information of any form into a digital format that can be readable by computer systems and electronic devices. This term is used to refer to the conversion of information such as text, images, voices, or sounds that are converted then into binary code.

What is the difference between digitization and digitalization?
In simple terms, digitization is the process of converting information from a physical format into a digital format. Whereas, digitalization is the process of leveraging digitization to improve business processes.

Simply put, digitization is an act that may enable digitalization but digitization always requires the former. Digitalization holds the implicit positive connotations digitization does not.

Why is digitization necessary?
Digitization is necessary as it improves the efficiency of a business process, consistency, and quality, this integrates conventional records into a digital system by removing the redundancies and in turn shortening the communications chain.

It also reduces costs and its ability to take advantage of analytics and real user data.
Whilst aiming to improve accessibility to facilitate better information exchange for staff and users and aid the flexibility of staff and reduce overheads.

What is the importance of digitization?
Similar to ‘why is digitization necessary’ the importance is pretty similar. The digitalization of business helps to improve the efficiency of processes, consistency, and quality. It can then integrate conventional records or files into a digital format. Therefore, eliminating redundancies and shortening the communication chain—can coincidently improve and also facilitate a better exchange of information.

Another reason it is important is because of the industries it has made strides in, such as the gaming and film industries these are obvious examples of digitization and digital refinement as they are building life-like environments to engage and excite the user in a time is money turnaround.

Are you still receiving paper documents from your suppliers such as invoices? Contact B2BE and we can discuss the digitization process.

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