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What is the difference between digitization, digitization, and digital transformation?

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With the passage of time in the digital world, we often hear words like digitization, digitization and digital transformation. But what is the real difference between these two? Let's see. Digitization: This term refers to the process in which physical or analog information is converted into digital form. This saves time, effort and resources. For example, if a book is scanned and saved on a computer, or an old document is converted into PDF format, these are examples of digitization. Digitalization: This term means optimizing existing processes and systems through digital technologies. Taking it a step further is more than just converting information into digital form. This means that automation, analytics and digital tools are used to make existing processes efficient. Digital Transformation: Digital transformation is a broad concept that transforms the entire ecosystem of a business or organization through the use of digital technologies. It also represents a cultural ...