Digitalization refers to the process of converting information into a digital format, allowing for easier access, storage, and sharing. This transformation impacts various sectors, enhancing efficiency and enabling new business models. For instance, traditional paper-based processes can be streamlined through digital tools, improving productivity and reducing costs. Moreover, digitalization is not just about technology; it also involves cultural shifts within organizations. Companies must adapt their strategies and workflows to leverage digital tools effectively. This shift can lead to improved customer experiences and innovative solutions, ultimately driving growth in a competitive landscape.