Digitization

Digitization: A mega-trend of the Twenty-first Century, whereby new forms of information technology are changing all areas of economics and society. Evidence of this penetration of IT into all areas of life is expressed by new digital business models, through Industry 4.0 or in consumerization.

Source: Otto, Boris; Österle, Hubert: Corporate Data Quality: Prerequsite for Successful Business Models, 2015 (http://www.cdq-buch.de/)

 

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