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Digitization of modern business

Digitization of modern business

Digitalization and professions

With the permanent development of technologies, some professions can leave to the past. Special software can handle non-complex requests and offer advice. At this point, stock exchange robots are already working productively than people: they give tips and analyze trends.

For digitalization to benefit, companies tend to start with the digitization of information. This frees employees from manual input of information, which saves time and resources to improve their professional skills.

Perspectives

Digitalization helps to introduce new business models. Recent CEB researches show that 87% of executives regard digitization as a priority, and 66% see the danger that they will be replaced by automated processes.

Experts note that the peak of digitization will occur in 2020. But already now some directors have concerns that their employees will not understand the new base after the business update, and the software developers will not understand the specifics of their company.

With a large number of optimizing solutions, these concerns become groundless with each passing day. IT solutions are becoming more accessible and cheaper every day. Adaptation to the digital environment has become habitual to all users, and not just the field of IT professionals.

The value of the results of technical progress for business lays in the fact that developments in the IT field have become available not only for large companies but also for small and medium-sized businesses.

Digitization and work optimization

The main goal of digitization is to avoid manual input of information, save time and resources of employees. Optimizing the working day of the company with the help of software solutions, employees will get rid of unproductive work. It means that they will have more time to develop and work on their own initiatives.