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Question
Explain the following concept with example.
Digitalisation
Solution
- Digitalisation is the use of digital technologies for handling data of various nature for various purposes.
- It involves the process of digital transformation, which improves the performance of business.
- It leads to frequent changes in business models due to growth in newer technologies.
- Digitalisation is based on technology, innovation, research and development.
- Digitisation has escalated the speed of the processes with a far greater extent of accuracy.
- Digitisation is based on technology, innovation, research and development has encouraged human minds to invent, innovate, patent and create.
- Example : Artificial intelligence, e-governance, e-commerce, e-learning, e-trade, e-shopping, integration of technology for the purpose of education in the 21st century etc.
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