Digital Transformation, Digitization, and Digital Modernization: An ROI-Oriented Decision Framework for Enterprise Investment

Abstract

Digital initiatives are frequently labeled as transformations even when their primary purpose is to convert analog information, replace legacy technology, or optimize an existing process. This paper distinguishes digitization, digital modernization, and digital transformation and links strategic intent, lifecycle cost, adoption-adjusted benefits, resilience, risk reduction, and post-implementation measurement.

Keywords

Digital transformation · Digitization · Digital modernization · Return on investment · Benefits realization · Enterprise architecture

Suggested Citation

Chokhawala, B. (2023). Digital Transformation, Digitization, and Digital Modernization: An ROI-Oriented Decision Framework for Enterprise Investment. Zenodo. https://doi.org/10.5281/zenodo.21478254

BibTeX

@article{chokhawala2023digitaltransformationdigitizat,
  author    = {Chokhawala, Bhagyeshkumar},
  title     = {Digital Transformation, Digitization, and Digital Modernization: An ROI-Oriented Decision Framework for Enterprise Investment},
  year      = {2023},
  publisher = {Zenodo},
  doi       = {10.5281/zenodo.21478254},
  url       = {https://doi.org/10.5281/zenodo.21478254}
}

Related Practitioner Article

This research publication expands an earlier practitioner article.