Digitalization
Digitalization
The fourth industrial revolution
The term digitalization is used ambiguously. Depending on the context, it describes the digital transformation and realization or execution of information and communication, or the digital modification of instruments, devices, and vehicles. At the same time, the term is synonymous with the “fourth industrial revolution,” i.e., the transition to the “information age” and “computerization.”
Profound change through digitalization
The term also stands for a profound transformation of the economy and society. Everything that can be digitized will be digitized sooner or later. Digitalization is not an end in itself, but it often makes more economic sense and gives companies a clear competitive advantage. Reasons are increased efficiency, but also market leadership through innovation and in private life more comfort and security.
