Digitalisation is the name given to a development that results from various technological innovations and which opens up new possibilities for data management. It offers a way of providing new products and services and reorganising certain economic value chains. Digitalisation is increasingly associated with digital transformation. Applied to business and the economy in general, it opens up new opportunities, chiefly thanks to the following characteristics:
Opening up new distribution channels and broadening the target audience
Improving connectedness, both within and outside organisations
The automation and monitoring of certain services and processes
More efficient collection and effective processing of business data
Rapid circulation of information, reducing the significance of the concept of distance
The decentralisation of work
When properly controlled, digitalisation leads to improvements in productivity and performance. This is why the Canton of Valais has, for several years, been promoting the development of digitalisation initiatives and projects.