What is digitalization?

Digitization involves the conversion of analog or physical data into a digital format. In simple words,
Digitization is the process of converting information into a digital format.

How has digitalization impacted the world?

Digital technologies have advanced more rapidly than any innovation in our history – reaching
around 50 percent of the developing world’s population in only two decades and transforming
societies. By enhancing connectivity, financial inclusion, access to trade, and public services,
technology can be a great equalizer.

In the health sector, for instance, AI-enabled frontier technologies are helping to save lives,
diagnose diseases, and extend life expectancy. In education, virtual learning environments and
distance learning have opened up programs to students who would otherwise be excluded. Public
services are also becoming more accessible and accountable through blockchain-powered systems,
and less bureaucratically burdensome due to AI assistance. Big data can also support more
responsive and accurate policies and programs.

MATH

The percentage of people who use the internet

The percentage of use bank accounts

This statistic presents a
timeline with the share of
adults with a bank or mobile
money service account in
Panama between 2011 and
2021. In 2021,
approximately 45 percent of
the population owned an
account at a bank or other
financial institution, slightly
down from 46 percent in 2017.
What plays a role in math (binary codes, etc)

BUSINESS

How does digitalization support business

In today's digital world, it is more important than ever for businesses of all sizes to embrace
digitalization. Digitalization is the process of using digital technologies to transform your business
model, operations, and customer experience. It can help you improve efficiency, productivity, and
profitability, while also reaching new customers and markets.

Here are just a few of the benefits of digitalization for businesses:

 Improved efficiency and productivity: Digital technologies can help you automate tasks,
streamline workflows, and reduce manual labor. This can lead to significant efficiency gains
and productivity improvements.
 Enhanced customer experience: Digital technologies can help you interact with your
customers in new and innovative ways, such as through online chat, social media, and self-
service portals. This can help you improve the customer experience and increase customer
loyalty.
 Increased competitiveness: Digitalization can help you stay ahead of the competition and
meet the evolving needs of your customers. By embracing digital technologies, you can be
more agile and responsive to change.
 New revenue streams: Digital technologies can open up new opportunities for you to
generate revenue, such as through the sale of digital products and services, or through the
use of data analytics to better understand and serve your customers.
 Improved communication and collaboration: Digital technologies can help you improve
communication and collaboration within your business, as well as with external
stakeholders such as customers, suppliers, and partners. This can lead to a more cohesive
and efficient organization.

SCIENCE

How is AI used in mapping?

How does mapping prevent disasters?