Although the two words may sound similar, there are notable differences between digitization and digitalization: Digitization translates physical things – such as papers, photos, documentation ...

The below chart shows the differences between digitization, digitalization, and digital transformation. Digitalizing processes allows companies and governments alike to enhance services ...

At the same time, digitalization has increasingly been touted as a key ... than digitally-constrained firms in the Middle East and Central Asia region using a difference-in-differences approach.