Digitalization – when the most valuable assets become digital


Digitalization is happening in all areas of life and business; I guess most of you have noticed that. Physical products are either becoming digital services or are significantly enhanced with new digital service capabilities. What’s also happening right now is that business practices are becoming digitized to become faster, more relevant and more cost-efficient.

An organization’s digital assets are quickly rising in importance, becoming primary sources of business value as physical processes become real-time data flows. It used to be the physical assets that were the most important – such as machines and raw material (as I wrote about in the first post in this series) – but now it is increasingly the digital assets that are taking center stage. Check out the rest of the post at the Networked Society blog >>

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