Roberta Fusaro:And so we see a shift from chief information officer, or CIO, to CEO. A McKinsey survey from last year revealed that success with digitization is more likely when you’ve got C-suite leaders who understand tech—even a little bit. A company’s chance of...
What Does Digitization Mean? Digitization is the process of converting physical source material into digital source material. The goal of digitization is to preserve and protectanaloginformation and make it possible for computingdevicesto work with it. Advertisements Traditional analog formats store informa...
What do we mean by digital identity (digital ID)? Arriving at a basic definition of digital ID is difficult due to its interrelated aspects. To begin with: What is identity? A social identity arises from a deep sense of who we are and where we come from. A person’s social identity ...
and digitalization are two different things that can have varying impacts on your business. While it might seem like there is no difference in words, they actually have different meanings, so make sure you know what they mean before making any decisions. What is Digitization? Digitization is the...
Digital transformation: Here's why it matters, what the big trends are, how it impacts you - and why it will never end.
In this case, tokenization is a digitization process to make assets more accessible. (AI models and new modes of payments also use a process called tokenization, both of which have little to do with Web3 tokenization—or each other, for that matter. In payments, tokenization is used for ...
Boosting Efficiency and Automating Tasks: Machine learning is at the root of many of the technologies that make workers more efficient. Many low-cognition, repetitive tasks—including spell-checking as well as document digitization and classification—are now done by computers, thanks to machine learni...
What do you mean by data? Put simply, data is facts or statistics collected together for reference and analysis. It can be numbers, text or a combination of both. Data is normally gathered to enable analysis or decision-making of some sort. This could be simple, such as counting the ...
what do you mean by going paperless? going paperless means eliminating or significantly reducing the use of physical paper in your daily operations. instead of using paper documents, you rely on digital formats like pdfs (portable document format), emails, and cloud storage. this not only helps...
Machine learning and AI are often discussed together, and the terms are sometimes used interchangeably, but they don’t mean the same thing. In short, all machine learning is AI, but not all AI is machine learning. Key Takeaways Machine learning is a subset of AI. The four most common ...