Digitalization – How our world has become both: more complex and more simple!

In many ways, the digitalization of our world has made life so much simpler than it used to be, yet we are now dealing with high levels of complexity on a scale like never before. As a nance professional and IT specialist, I am often asked about the role that technology and specically digitalization has on our world.

IT Specialist, Maxim Bederov, examines the role that digitalization plays in our life

The fact of the matter is that technology is now everywhere and change is happening daily. As an entrepreneur, I rely a lot on digitalized records to keep track of my day. Whereas in the past I would probably have relied on an address book, notepad or Filofax, nowadays life is a lot simpler because I can simply access everything in one place.

There are downsides to this, however. While having access to all our information stored digitally on a single device or in the Cloud is great, everything soon grinds to a halt if we run out of power, we lose our device or it breaks. Not only that but there are a number of security issues that are raised by having sensitive information available on a single device. To counter this Cloud storage facilities are on the increase and are a great way of ameliorating this well-known downside of digitalization.

The digital world has expanded and because it makes access to information so much easier it has worked well to make us more productive. Like most
professional people I travel a lot and rely on the digitalization of my professional and personal information to make sure I have access to everything when I need it. However, the ability to access huge amounts of data at all times can become a source of stress and if it all goes wrong we can end up feeling extremely frustrated and end up with additional expenses to try to put things right.

Even the process of getting from one place to another is facilitated by the digital world. Like many others, I no longer use paper maps but instead rely on the digital information presented to me using GPS devices to move from place to place. The ability to book travel, make reservations and get everything established and paid for before I leave, is something that certainly makes my life a lot easier. Having everything on my device can mean that I move through the airport more efficiently, check in to my hotel and arrive at my destination ready to start work. Again, this can become more complicated if your device breaks or you find you are in a location without internet access.

Maxim Bederov on digital solutions

The best digital solutions are those that have a proven track record when it comes to user experience, user interface and reliability and it is always better to choose function over design. If something looks good but does not do what you want it to, it can add a layer of complexity that no one needs. A cumbersome app or a hard-to-access cloud storage facility can lead to a great deal of frustration and wasted time.

Most entrepreneurs leverage digital solutions to make life easier and to conduct business more smoothly. As with many things if often pays to keep things simple and stick with tried and tested brands.

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