Digital technology is the underlying principle of modern technology, facilitating communication and information sharing across multiple technological ecosystems. This allows for better user experience, more efficient decision-making and innovation.
In addition to boosting productivity, the precision of digital information allows businesses to anticipate opportunities with extreme precision. This allows plans to be targeted on the areas with the greatest potential for achieving results. The result is that expenses are reduced as decisions are no longer made by relying on intuition or prior experience and are supported by indices, probabilities and real-world metrics.
To convert analog data into digital information each symbol is transformed into a series of 0s or 1s. This process is called an encode. Each symbol represents a specific amount, and each bit can be understood as either a 0 or a 1. Digital signals are more reliable than analog signals in noisy environments. This is because the detector has to decide whether each signal is a zero or a 1; it doesn’t need to determine exactly where in the signal the beginning of the sequence begins.
Digitalisation of data is therefore much faster and more cost-effective than analogue, as it requires less physical space. It is important to note that the benefit of the insights generated from digital data can only be realized if appropriate strategies and IT solutions are put into place. This means establishing an articulated strategy for digital transformation, keeping the correct tech tools that feed them unified data, unsiloed and integrating them into a robust fact-based security program.