• Home
  • Archive
  • Tools
  • Contact Us

The Customize Windows

Technology Journal

  • Cloud Computing
  • Computer
  • Digital Photography
  • Windows 7
  • Archive
  • Cloud Computing
  • Virtualization
  • Computer and Internet
  • Digital Photography
  • Android
  • Sysadmin
  • Electronics
  • Big Data
  • Virtualization
  • Downloads
  • Web Development
  • Apple
  • Android
Advertisement
You are here:Home » Effects of Digitization on Companies : Part XIV (END)

By Abhishek Ghosh May 3, 2021 7:06 am Updated on May 3, 2021

Effects of Digitization on Companies : Part XIV (END)

Advertisement

This part is continuation of part XIII. E-commerce is already proving to be a growth driver for parcel shipping. With the increasing and widespread realization of the Internet of Things, there are prospectively even larger shipping volumes to be expected. Networked devices can automatically trigger orders and thus logistical requirements. Changed storage and transport processes as well as new delivery relationships on the last mile are the results of this digital transformation.

New business models in the logistics market include same-day delivery or forecast models to optimize routes, cargo spaces and the choice of means of transport. In addition, there is an increasing flood of data, which brings with it the requirement to create a balance between the production of data and its useful interpretability. However, the sector’s alignment with the coming changes is poor. Analogue processes such as paper-based information exchange or the telephone as the primary communication medium show clear weaknesses about digital change. In one out of five logistics companies, 80% of the business processes are mostly digitally organized and free from media discontinuities. The relationship between digital and paper-based information is also poor.

New digital business models are also not in focus. Every fifth logistics company has high-priority projects on the agenda. The other part is less ambitious. A quarter of logistics companies have nothing to do with new digital business models. The investment plans reflect this defensive attitude. Almost two out of three companies planned little or no funding for the digital transformation. Only 17% invest ambitiously. Only 18% of companies pursued a digitization strategy. For everyone else, not even the responsibilities have been clarified.

Advertisement

---

Effects of Digitization on Companies Part XIV

 

Conclusion

 

In the course of digitization, all companies have to rethink their products, sales markets and activities. Due to the simplified expansion of business on an international level, digitization leads to ever-increasing competition. This also leads to more and more transnational corporations operating worldwide. The e-business models also put stationary retail under pressure. More and more shops have to close due to the increased online offers. However, the increasing digitization of activities and documents within companies also means that companies have to think about IT security and cybercrime.

The more companies have digitally stored or controlled digitally, the more damage hackers can cause. Furthermore, the trend can be recognized that more services and products are offered as a service. Instead of buying the product, it is provided as a service by the provider. The customer can then access it via the Internet. A term that has gained importance in recent years is the Internet of Things, i.e. the individual electrical devices, for example in a household, can communicate with one another and provide the owner with additional information. This allows companies to differentiate their products from the rest of the market. In companies, this digital collaboration means that productivity is increased and human intervention is then no longer necessary. This automation of processes is expected to lead to many low-paid and low-skilled workers will lose some of their jobs in the next 10 to 20 years.

It is therefore essential that companies train and educate their employees because many are not aware of the effects digitization has on their workplace. The problem, however, is that management often comes from a traditional area and does not appear as a digital leader, which means that the companies recognize trends too late and thus lag when it comes to digitization. what effects digitization has on your workplace.

Sooner or later, all industries will be affected by digitization in the future. New technologies will mean that every company will have to ask itself whether work processes can still be optimized, whether products and services are up-to-date and meet customer requirements or whether new trends can be identified within the industry. The risk of losing the connection and thus market share and sales by oversleeping a trend will continue to increase. Employees should be aware that their work will also change, as it can be expected that a lot of work can be eliminated through automation. Early training should therefore be considered. Every workplace will be influenced by digitization in some way. Due to the many technical innovations and the rapid change in demands, companies must constantly develop their products and react even more flexibly to market changes in the future. As a result, the ability of companies to plan for ever shorter periods, and thus the future for all companies, is more unclear than ever.

Facebook Twitter Pinterest

Abhishek Ghosh

About Abhishek Ghosh

Abhishek Ghosh is a Businessman, Surgeon, Author and Blogger. You can keep touch with him on Twitter - @AbhishekCTRL.

Here’s what we’ve got for you which might like :

Articles Related to Effects of Digitization on Companies : Part XIV (END)

  • Nginx WordPress Installation Guide (All Steps)

    This is a Full Nginx WordPress Installation Guide With All the Steps, Including Some Optimization and Setup Which is Compatible With WordPress DOT ORG Example Settings For Nginx.

  • WordPress & PHP : Different AdSense Units on Mobile Devices

    Here is How To Serve Different AdSense Units on Mobile Devices on WordPress With PHP. WordPress Has Function Which Can Be Used In Free Way.

  • Effects of Digitization on Companies : Part III

    This article is continuation of part II. The advancing digitization of companies, i.e. communication between business partners via various platforms such as e-mail or instant messenger, the automation of work steps, the availability of all data independent of time and place, enables and supports the increasingly important role of globalization and the global Trade. The […]

  • Effects of Digitization on Companies : Part XII

    This article is continuation of part XI. The electrical industry, with its medium-sized structure, shows a rather reluctant behaviour towards pronounced digitization of its busyness. On the other hand, the many hidden champions of the electrical industry show a high level of innovation. The industry is very investing in research and development, which today almost […]

performing a search on this website can help you. Also, we have YouTube Videos.

Take The Conversation Further ...

We'd love to know your thoughts on this article.
Meet the Author over on Twitter to join the conversation right now!

If you want to Advertise on our Article or want a Sponsored Article, you are invited to Contact us.

Contact Us

Subscribe To Our Free Newsletter

Get new posts by email:

Please Confirm the Subscription When Approval Email Will Arrive in Your Email Inbox as Second Step.

Search this website…

 

Popular Articles

Our Homepage is best place to find popular articles!

Here Are Some Good to Read Articles :

  • Cloud Computing Service Models
  • What is Cloud Computing?
  • Cloud Computing and Social Networks in Mobile Space
  • ARM Processor Architecture
  • What Camera Mode to Choose
  • Indispensable MySQL queries for custom fields in WordPress
  • Windows 7 Speech Recognition Scripting Related Tutorials

Social Networks

  • Pinterest (24.3K Followers)
  • Twitter (5.8k Followers)
  • Facebook (5.7k Followers)
  • LinkedIn (3.7k Followers)
  • YouTube (1.3k Followers)
  • GitHub (Repository)
  • GitHub (Gists)
Looking to publish sponsored article on our website?

Contact us

Recent Posts

  • How to Restrict Certain Posts or Categories In WordPress by CountryJune 6, 2023
  • Influence of Digitization on Procurement : Part 1June 6, 2023
  • How We Can Show Apple Icon, Windows Logo on Website TextJune 5, 2023
  • What is Google Bard? How it WorksJune 5, 2023
  • How to Create a PHP Installer Script to Create Tables in MySQL DatabaseJune 4, 2023
PC users can consult Corrine Chorney for Security.

Want to know more about us?

Read Notability and Mentions & Our Setup.

Copyright © 2023 - The Customize Windows | dESIGNed by The Customize Windows

Copyright  · Privacy Policy  · Advertising Policy  · Terms of Service  · Refund Policy

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Do not sell my personal information.
Cookie SettingsAccept
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT