Session 2 Flashcards

1
Q

Digitization

A

The process of concerting analog information into digital formation. This could include scanning paper documents, converting old audio or video recordings into digital files, or creating digital versions (twins) of physical products.

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2
Q

Digitalization

A

The use of digital technologies to improve existing processes. This interunimproves how products or servicesare delivered

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3
Q

Digital transformation

A

A more radical and comprehensive change in the way an organization operates driven by digital technologies. Digital transformation involves using technology to fundamentally rethink and reinvent business models, processes, and value propositions. It often involves a complete reimagining of an organization’s strategy, culture, and operations to take full advantage of digital technologies and their potential for innovation.

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4
Q

Barriers of digital transformation

A
  • Lack of financial resources
  • Resistance to change
  • Security
  • Return on investment
  • Lack of relevant internal competencies
  • Lack of agility of the IS or the company
  • Lack of technical resources
  • Difficulty identifying the actual needs of the company
  • Lack of information concerning the existing solutions
  • Absence of positive past experience feedback
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