Capterra Glossary
Finance
Digital

Capterra Glossary

Digital

Digital describes the dominant use of the latest computer-based technologies to improve organizational processes; improve interactions between people, organizations, and things; and make new business models possible, among other things. As an adjective, it may refer to a system using which words and pictures can be represented in the binary code (ones and zeros). This number system is used to transmit huge amounts of data quickly over the Internet.

What Small and Midsize Businesses Need to Know About Digital

Digital data can be stored in small devices, such as compact discs or flash drives, which can easily be transported from place to place. For many types of communications, such as cellular phones and cable connections, digital technology has replaced analog transmissions. Most businesses today are already benefiting from the global digital transformation by making their services available online and storing data in digital formats as opposed to paper files. 

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