Digitization and Digital Transformation are:

1. Digitization

Digitization, which refers to the process of converting any continuously varying input such as the lines of a picture into a string of separated units, represented in a computer by 0 and 1 representation. An analog-to-digital converter is usually used to perform this conversion.

2. Digital transformation.

Digital transformation is a high-level transformation that builds on digital conversion and digital upgrading, and further touches the company's core business with the goal of creating a new business model. Digital transformation is the development of digital technologies and supporting capabilities to create a new and dynamic digital business model.

Objectives of digital transformation:

The main objectives of digital transformation are to improve operational efficiency, enable data-driven intelligent decision making, reduce operational costs, acquire new users, enhance innovation and improve customer satisfaction and loyalty. The digital transformation of enterprises has multiple dimensions, whether it is the digital transformation of products and services, or the digital transformation of the organization and management, the support system behind the mental model change. Therefore, in order to promote digital transformation, the first thing to accomplish is to change the way of thinking of the leaders, followed by the middle and senior management as well as the company's entire thinking innovation.