Digitization has become an essential part of our everyday life. In the past new digital products and services were primarily used for private matters. Through the digitization of the industrial value chain traditional sectors which in the past had no direct links to the digital world are impacted by this process. The digital transformation of business processes and models has already begun and will be a key factor to success for every company. This brings great opportunities to the international community along with great challenges. In order to make the digital transformation a success story the G20 should place their focus on digitization and address it in a joint action plan. Focal points should be digital connectivity, cyber security and privacy protection, digital education, digital trade, work in the digital economy (Work 4.0), and a charter for the digital world.
