Digitalisation: Difference between revisions
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imported>Doug Williamson (Create page. Sources: Oxford Dictionary, The Treasurer, Issue 2, June 2021 & Gartner webpage https://www.gartner.com/en/information-technology/glossary/digitalization) |
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Revision as of 14:55, 8 July 2021
1. Information technology.
Converting analogue information into digital formats that can be stored and processed readily by computers.
2. Business models & processes.
Using digital technology to improve an organisational function or to change or enhance a business model.
- Covid crisis accelerated digitalisation
- "Alongside the sharp focus on liquidity, the crisis has certainly accelerated the digitalisation of the treasury function and prompted treasurers to revisit the ways they work – and it’s also brought an opportunity for treasurers to position themselves closer to the C-level."
- François Masquelier, CEO of consulting firm Simply Treasury consulting - The Treasurer magazine, Issue 2, June 2021, p34.