What are the differences between Digitization, Digitalization and Digital Transformation?

Responses: On behalf of Primary - Bassam Zarkout , Secondary - Jim Morrish
These terms are often used interchangeably, but there are differences between them:
- Digitization: Transition from analog information to digital information and make that information available in digital format
- Digitalization: Leverage digitized information in processes, and optimize these processes
- Digital Transformation: Build on above concepts and leverage connected things to transform processes and operations to produce better outcomes
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For further info, please refer to section 1 of the Digital Transformation in Industry whitepaper.