Digitalization is the use of digital technologies to change a business model and bring out a revolutionary change for faster revenue generation and better and ease of access to data and its components. Digitalization is sometimes misinterpreted as Digitization, but one should note Digitization is the process of transforming information from a physical format to digital version whereas “Digitalization” is the process of utilizing technology to enhance corporate technologies. Our paper reflects the various digitalization processes and its survey and in what way are they beneficial for future processes.