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Digital transformation (DT) is the process of adoption and implementation of digital technology [1] [2] [3] by an organization in order to create new or modify existing products, services and operations by the means of translating business processes into a digital format.
Advertising revenue as a percent of US GDP shows a rise in digital advertising since 1995 at the expense of print media. [1]Digital marketing is the component of marketing that uses the Internet and online-based digital technologies such as desktop computers, mobile phones, and other digital media and platforms to promote products and services.
The term digital economy came into use during the early 1990s. For example, many academic papers were published by New York University’s Center for Digital Economy Research. The term was the title of Don Tapscott's 1995 book, The Digital Economy: Promise and Peril in the Age of Networked Intelligence.
Digital manufacturing is an integrated approach to manufacturing that is centered around a computer system. [ 1 ] [ citation needed ] The transition to digital manufacturing has become more popular with the rise in the quantity and quality of computer systems in manufacturing plants.
Internet Archive book scanner. Digitization [1] is the process of converting information into a digital (i.e. computer-readable) format. [2] The result is the representation of an object, image, sound, document, or signal (usually an analog signal) obtained by generating a series of numbers that describe a discrete set of points or samples. [3]
Digital twins are commonly divided into subtypes that sometimes include: digital twin prototype (DTP), digital twin instance (DTI), and digital twin aggregate (DTA). [12] The DTP consists of the designs, analyses, and processes that realize a physical product. The DTP exists before there is a physical product.