Business Digitization

Digitalization is a profound transformation of business, involving the use of digital technologies to optimize business processes, improve the company’s productivity and improve the experience with customers. One of the primary digitization steps is the satisfaction of consumer needs, which change along with the development of technologies, namely, the creation of a more comfortable and prompt interaction between the client and the company. However, proceeding from the question of what is the digitization of business.

Digitization is of crucial importance to data processing, storage, and transmission because it “allows information of all kinds in all formats to be carried with the same efficiency and also intermingled”. Though analog data is typically more stable, digital data can more easily be shared and accessed and can, in theory, be propagated indefinitely, without generation loss, This is why it is a favored way of preserving information for many organizations around the world.

Digitization

Digitization is the process of converting information into a digital format. In modern practice, digitized data is in the form of binary numbers.

Discretization

The reading of an analog signal A, and, at regular time intervals (frequency), sampling the value of the signal at the point.

Quantization

Samples are rounded to a fixed set of numbers (such as integers), a process known as quantization.

Reformatting

It is the process of converting analog materials into a digital format as a surrogate of the original.

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