Luca Cremona's blog

DiDIY and Digitization

The advent of recent digital technologies (both hardware and software) is disrupting business models of traditional companies enabling a so-called “digital transformation”. A concept related to this changing environment is the digitization of processes: “taking manual or offline business processes and converting them to online, networked, computer-supported processes”. Digitization is playing a vital role also given that technologies are becoming democratized. Democratization is “the process by which access to technology rapidly continues to become more accessible to more people.