For some it is progress, for others it is a threat to jobs and data protection: digitalization . Of course, this does not stop at the private sector. Companies often cannot avoid modern methods and the latest digital working practices. In recent years, the direction of many industries has changed massively, as the following examples show.
Since the corona-related lockdown in 2020, the state of digitization in Germany has been on everyone’s lips. After many schools and companies were shot down, many people were now often working from home. The topic of digitization has now reached the top of the agenda for many parties for the upcoming election campaign . However, there are already many industries that would not be competitive or could not exist without digital work.
information and communication technology
The information and telecommunications technology sector is highly digitalized by nature. It develops new digital technologies and makes them available to other sectors. In addition to old media such as radio and television, its business also consists of innovation in hardware and software for networks and satellite systems. Information and communications technology is therefore a pioneer for the increasing digitalization of sectors.
vehicle construction
Another example is the automotive industry. Large parts of vehicle production, a driving force behind Germany’s economic power, are no longer produced loan database using analogue methods, but using state-of-the-art machines. In Wolfsburg, Ingolstadt, Zuffenhausen and other locations, computers and digital systems take over a large part of the work. This allows companies to save resources and, above all, time and manpower.
sports betting providers
Sports betting providers work with the latest digital technology. Odds are constantly changing and, especially for live bets, have to be changed immediately on the company’s servers. The odds for online bets also have to be up-to-date at all times. Using the this dynamic learning mechanism latest systems, current betting odds are constantly calculated based on parameters in the game, which can change every second. However, the methodology used by companies to calculate the odds sometimes differs significantly. A comprehensive comparison of betting providers is therefore a good idea for those interested.
banks
Banks are also increasingly turning to digitalization. While transfers used to have to be filled out or account statements picked up at the bank, online banking is now very popular. Of course, the banks’ operating systems and security mechanisms have to meet high technological standards, as they are a very popular target for criminals. Some banks now even offer the option of storing credit cards in digital form on smartphones and using them to pay using just the smartphone.
Digitalization and its Dangers
Digitalization will not end with the current state of affairs. asb directory Companies, at least in most sectors, must build on modern work processes in order to remain competitive in the long term. While this will mean that jobs will be lost, attention should also be paid to the fact that new activities will be created that are carried out by people.
This is the only way to counteract high unemployment in the long term. A second argument used by opponents of digitalized work processes is data protection. Here, too, it must be ensured that the security systems are better than criminal hackers. Then nothing will stand in the way of a successful era of digitalization.
