In this piece, we will take a look at the five least digitized industries that are ripe for digital transformation. For more industries, head on over to 10 Least Digitized Industries That Are Ripe for Digital Transformation.
5. Healthcare
Healthcare is one of the biggest (and most controversial) industries in America. Hospitals have to keep up with copious amounts of data daily, and even the smallest mistake can cost lives. Every day nurses and doctors have to ensure that the right patient is matched with the right medication, vital signs, and other tests are not mixed up, and the hospital is streamlined to ensure optimum availability and resource allocation. Therefore, the benefits of digitization really aren’t hard to imagine.
4. Mining
Mining is one sector that sits at the heart of human progress, just like computers. From coal to oil, its labor powers up the world. At the same time, the sector is ripe for digitization in areas such as mapping out terrain and streamlining operations based on real time data. Mining industries use heavy duty equipment that requires regular maintenance and critical monitoring since a breakdown can take days to recover from and cause hefty financial losses.
3. Entertainment and Recreation
The entertainment and recreation industry is a highly diversified sector, ranging from theme parks, theaters, recreation parks, and water parks among others. These facilities have to manage millions of people in foot traffic, coordinate their service staff, ensure there are adequate supplies, and run other tasks – leaving it ripe for digitization. This can be achieved through a variety of technologies such as Internet of Things (IoT) sensors, augmented and virtual reality gadgets, and data gathering for analysis and evaluation.
2. Construction
Construction is one of the most renowned sectors that are among the biggest industries in the world and yet ranks low in digitization levels. The sheer scale of operations of the construction industry opens up nearly countless avenues for digitization. For instance, workers can be provided with gadgets that monitor their health during daily work to ensure that if there is an accident, there can be a prompt response or if there is a hazardous environment, then workers can be moved. Apart from this, digitization in construction, like in mining, can also help firms map out their terrain to ensure that any activities do not harm any utility lines or other sensitive equipment.
1. Agriculture and Hunting
At the backbone of civilization is agriculture. The use of technology can help farmers monitor their crops, study weather patterns, monitor animals, and improve data collection to gain real time updates. Additionally, digitization can also help farmers pool their resources together to save on high equipment costs.
Disclosure: None. You can also take a look at 25 Best Countries for Expats and 10 Best Fast Food Stocks to Invest In.
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