“Real generosity towards the future lies in giving all to the present.” ― Albert Camus
What will tomorrow bring?
No one knows the precise answer. And yet, everyone knows there is something to expect.
The future belongs to those who plan and prepare themselves in the current moment. The foresight needed to determine the next course of action is what separates winners from also-rans!
The future belongs to a digital environment where people are connected to each other, their governments and their professional alliances by unseen webs of the digital thread.
Digitization cannot be defined to be any single thing in particular. It is, however, capable of becoming anything and everything if sufficient thought and talent are invested in the critical art of defining the architecture in a manner where the benefits of the technology become obvious and fundamentally necessary.
Digitization helps with transparency and dissuade fraud
For example, let’s take the banking and financial sector, Digitization can benefit organizations to a great extent by capturing and cataloging customer personal and transaction details in a clear and concise manner, helping with audit and regulatory requirements. Also, the ability to retrieve the information at short notice helps prevent fraud.
Digitization offers faster and better medical care
A blessing in disguise for Digitization is the ability to capture and store patient information in a centralized database. The scanning of x-rays and OPD or in-patient information can be shared digitally around the world, making it possible to receive specialist opinion and guidance on treatment. Again, the promise in the medical field is still at its infancy. This can be nurtured to become a critical part of health-care in the future.
Digitization empowers citizens
For government organizations, the scope for use of digitization cannot be exaggerated. Gone are the days of triplicates and quadruplicates, information can be made digital and the process of decision-making made faster. And this is going to become a critical feature in how people are administered. No longer can government institutions continue to be bogged down by bureaucracy, but differentiate themselves by delivering value to the citizens and the government voted into power by the citizens.
The advances in technology to capture data in Indian languages is a game changer. This particular medium can shift the paradigm several notches higher in terms of governance and administration. Initiatives such as the Aadhar identification card and the Rupay settlement mechanism has introduced technology to the remotest parts of the nation. This can be a harbinger for change if continued investments are made in the Digitization sector.
New Economy! New Skills! New Employment Opportunities!
Above all else, Digitization brings into its fold a large section of the population who possess sufficient skills but have been held back by chronic underemployment or unemployment. The ability to work in a Digitization environment allows people to master the necessary skills needed for Digitization and become adept at using technology and earning a good living. The skill development costs are marginal given the huge potential Digitization offers. Financial independence is an expanding India thanks to a career in Digitization is just what the economists desired.
Scale and Scope for Digitization is Enormous
Finally, the market for digitization is mindbogglingly huge and the potential has hardly been scratched. Digitization holds remarkable promise to realign the realities of the current environment with that of a future promised by technological advances, which can lift millions of people to a better standard of living, while helping organizations become smarter and nimbler, helping them become more competitive.