Business digitalization is a process in which the physical world merges with the online one. Some examples include cyber-physical systems and smart production facilities. Other examples are the impact innovative business models of new software and services as well as the need to reimagine the way organization is done. With this paper, all of us explore the business enterprise digitalization effects and outline 3 research spaces in this area. In the long run, we will explore some of the positive and harmful impacts with this new technology, and how we can help businesses adjust to it.
The key benefits of digitalization range from the ability to group many persons and departments and connect them to create new ways to generate value. This provides a low-risk environment for assessment new ideas and proving that they function. The editors suggest technical support for digitalization to help companies close this difference. In the meantime, they will recommend a few concrete basic steps for businesses to take to make the transition. In the end, the objective is to permit a booming business ecosystem.