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iTTi Gloss: Digitization

Thursday, 06 February 2014 iTTi, Innovation & Technology Trends Institute Posted in iTTi Gloss

  “Digitization is the process of converting information into a digital format. In this format, information is organized into discrete units of data (called bit s) that can be separately addressed (usually in multiple-bit groups called bytes). This is the binary data that computers and many devices with computing capacity (such as digital cameras and digital hearing aids) can process.”  

Source: WhatIs TechTarget.

 

 

“The business world is rapidly digitizing, connecting individuals, enterprises, devices, and governments, and enabling easier transactions, collaboration, and social interaction.”

 

Source: The Next Generation Enterprise: Thriving an increasingly Digital Ecosystem. By Peter Weill and Stephanie Woerner. MIT Center for Information System Research.

 

 

 “This is the world of total digitization: a multitude of digital devices and sensors creating streams of data, as well as any number of digital services and products for both internal and external use, distributed throughout the enterprise, and sometimes, but not always, connected. As the drive toward increased digitization continues, enterprises have to get a handle on this total digitization — and corporate CIOs have to step up to the challenge.”

 

Source: Is Your Organization Ready for Total Digitization? By Peter Weill and Stephanie Woerner. HBR Blog Network.

 

 

 “Consider the possibilities of a different definition of digitization as: The degree to which an enterprise’s products and service value and revenues are realized through technology.”

 

Source: A different definition of digitization is based on value and revenue not atoms and bits. By Mark P. McDonald. The Gartner Blog Network. 

 

 

The concept of digitization has evolved as digitalization technology did. In a first stage numeric data was coded as ones and zeroes for computation purposes. That transformation into 1's and 0's became more as applied to other kinds of data such as text, images and sounds, thus enlarging the panoply of possible digitizations. Later on, the concept of digitization spilled over from the data format to the data users. Nowadays, besides talking about “digital information” we talk about “digital entities”: society, company, city, etc. according to the level of their utilization of information and IT in pursuance of their objectives.

 

In the corporate realm there is an emergence of concepts like “Digital Company”, according to the way it uses IT; “Digital Director”; “Digital Officer”; etc.   

 

 

Related perspective(-s)

1.- iTTi Gloss: Dark Data

2.- iTTi Gloss: Big Data

3.- iTTi Gloss: Social Business

4.- "Big Data": ¿un nuevo concepto? 

 

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