Transferring records to digital means of storage through the use of conversion services is becoming a widely adopted tactic in many industries. Medical centers are migrating patient information to computer databases to allow for remote access, and many universities are looking into recording data to preserve primary documents.
Business leaders are also considering this move for a number of reasons – it can free up office space and prevent data loss in the event of a disaster, among other advantages.
A recent Wall Street Journal article suggested that the traditional role of a business' chief information officer might be shifting, and that companies should think about hiring a chief digitization officer to keep up with the times and make lucrative investments in the latest technology.
Moreover, Microsoft explained that companies can save money by transferring their paper files to digital documents. The news provider noted that tangible documents not only have upfront fees, like printing expenses and storage costs, but managers need to keep them up-to-date and preserved. However, if they're present on a computer, they can often be made compliant without calling for reprints or more cumbersome storage areas.
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