By Norbert Sparrow
“Digitization essentially refers to taking analog information and encoding it into zeroes and ones so that computers can store, process, and transmit such information,” writes Jason Bloomberg on Forbes.com. Citing the information technology glossary published by business consultancy Gartner, Bloomberg notes that “digitization is the process of changing from analog to digital form—a definition few would disagree with.” It’s important to remember that you are digitizing information, not business or manufacturing related processes, he adds, and “that’s where digitalization comes in. Digitalization is the use of digital technologies to change a business model and provide new revenue and value-producing opportunities. It is the process of moving to a digital business.” That dovetails with Holt’s viewpoint.