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Artificial Intelligence and Digital Business: Importance, Evolution, and Applications

   

Added on  2023-06-18

9 Pages2300 Words88 Views
Digital Technology and Business

Table of Contents
INTRODUCTION...........................................................................................................................4
MAIN BODY..................................................................................................................................4
Digital Business...........................................................................................................................4
Artificial intelligence...................................................................................................................4
The evolution of Artificial intelligence.......................................................................................5
The Workings of Artificial Intelligence......................................................................................5
Applications of Artificial Intelligence.........................................................................................6
What type of business and organisation uses the technology......................................................7
What's the connection between digital technology and ancient and new theories about business
and management structures and practices?..................................................................................7
CONCLUSION................................................................................................................................8
REFRENCES.................................................................................................................................10
Books and Journal......................................................................................................................10

INTRODUCTION
Digital business adopted the technology in order to generate new value in the
organization models and in customer experience in order to enhance their capability. Digital
transformation is there adoption of digital technology so that the company can adopt amended
technology in the organization in order to improve their efficiency and increase their
productivity. There are several Technologies which are adopted by several Organization in order
to enhance their productivity and efficiency (Kitsios, and Kamariotou, 2021). This report is
going to illustrate about the artificial Intelligence and their importance in the organization in
order to get more opportunities and why the organization is using this technology.
MAIN BODY
Digital Business
Digital business is adopting and using technology in order to generate new value in the
business framework and customer experience and also in the internal capability with support the
organization and their operation. Today the people are spending more money and become Digital
in order to enhance their productivity and efficiency. Digital business generally used in digital
transformation holistic business and in integration convergence. It is also about digital marketing
or about transformation (Joseph and Thomas, 2020). It is a key part of the organization in order
to adopt technology and enhance productivity and efficiency of the organization. Nowadays
there are around 95% companies is using digital technologies in order to enhance their
opportunities and productivity so that they can get more success in the competitive market place.
Digital business is very helpful for the companies in order to embrace the concept of digital
transformation and explore new Business models.
Artificial intelligence
Artificial intelligence is the technology which is demonstrated by machine and this is a
wide ranging branch in context of computer science which focusing on building is smart machine
and become capable to perform several task which are required by the organization. Artificial
intelligence e provide and it is most powerful in the digital technology. Artificial intelligence is
the concept which impact the future of virtual reality and on every organization and every human
being. In artificial intelligence is the concept which work is the key factor driver of emerging

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