Digitization, Digitalization, And Digital Transformation: Confuse Them At Your Peril
"As the hype around digital transformation continues to persist, the terms ‘digitization’ and ‘digitalization’ join the fray, increasing the level of hype while adding confusion. In reality, these three terms have distinct meanings – or at least, we can make them distinct depending on which authority we’re listening to.
This question is more than a semantic exercise, however. In reality, people are confusing them in ways that shortchange the power and importance of digital transformation, thus putting the very survival of their organizations in peril.
Digitization: The Straightforward Term
Digitization essentially refers to taking analog information and encoding it into zeroes and ones so that computers can store, process, and transmit such information."
