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Artificial Intelligence and Digital Transformation in Business

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Added on  2023-06-12

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This report discusses the importance of Artificial Intelligence and Digital Transformation in Business. It covers the benefits of AI and how it can help businesses grow and develop. The report also provides insights on the latest trends and technologies in the field.

Artificial Intelligence and Digital Transformation in Business

   Added on 2023-06-12

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BM565 Digital
Business & New
Technology
Artificial Intelligence and Digital Transformation in Business_1
Table of Contents
INTRODUCTION...........................................................................................................................3
TASK...............................................................................................................................................3
CONCLUSION..............................................................................................................................10
REFERENCES..............................................................................................................................11
Artificial Intelligence and Digital Transformation in Business_2
INTRODUCTION
Digital businesses utilises technologies in order to make the new value from the several
value in different business models, consumer experiences and the internal abilities which assist
its major functioning. The term involves traditional businesses as well as digitalised
organisations which are transforming their operations with the help of the digital technologies. In
addition to it, digital transformation is clamant for the firms, from the small to the large
organisations. That content comes by clear and loud from seemingly all the panel discussion,
article, keynotes or research linked to how companies can remain competitive as well as
authentic as the globe becomes majorly digital. The following report will cover about the
summary of the course work 1 as well as short set of conclusion from the course work 1 and also
the set of the various strategic recommendations which can be applied to the company.
TASK
NOTES - Artificial intelligence is commonly a intelligence of the human which is represented
by the robotics and machines. In accordance to scale the business globally at the vast scale so
they should transform their business digitally with the help of artificial intelligence. In addition
to it, the artificial intelligence in the business opt to be essential for the company as technology
which si digital optimises the inner operations of the business by minimising the efforts of the
Artificial Intelligence and Digital Transformation in Business_3
employees through automating the work with the help of machines. It also assist the business to
grow more by innovation also by offering the firm an appropriate making of the decisions.
Moreover to it, the digital transformation by artificial intelligence in the company is the
cognitive way in which the organisations are gaining more advantages of supplying the value to
their consumers in the dynamic as well as competitive market area. Moreover to it, development
of the AI is by the latest trends in the technologies at the time when the evaluation of the market
was appropriately recognised that AI is the vital and essential digital tech which is assisting the
businesses in gaining more profits as well as reducing the chances of errors.
Artificial Intelligence and Digital Transformation in Business_4

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