Measuring the Business Value of Cloud Computing

Digital business and new
technology

Contents
INTRODUCTION...........................................................................................................................1
MAIN BODY...................................................................................................................................1
Reason to deem the topic with its importance...................................................................1
How topic is developed.........................................................................................................1
Technology adopted and used in this topic........................................................................2
Technological platforms and software................................................................................2
Which type of business uses the mentioned technology....................................................3
How the technology is used as a business tool and its effectiveness.................................3
Explain the relationship of digital technology and the cloud computing........................3
Analyse the old and new theories on business and management structure and practises
................................................................................................................................................3
CONCLUSION................................................................................................................................5
References:.......................................................................................................................................5

INTRODUCTION
To make the business valuable, digital business and new technologies take use of
innovations in order to meet customer experience and their own capabilities which helps in
making the business more efficient. In business the use of digital technology creates new value
models and internal capabilities which benefits in encouraging the core operations. The business
generates high revenue by taking use of different channels as people spend more time online
which force to shift on digital sources (Adhikary, and et.al., 2021). The growth in digital
economy makes people familiar with its digital products and services in order to have
competitive advantage in digital space. Digital technology is concept of electronic tool, system
and resources by which data and information is processed, stored and generated. The topic
“Measuring the business value of cloud computing” is taken. This report will cover reason for
topic and its importance, the way it is developed, technologies used, technological platform and
software used in this topic along with its defectiveness. Moreover, it will cover relationship
between digital technologies and emerging theories.
MAIN BODY
Reason to deem the topic with its importance
The reason of choosing this topic is because it offers significant benefits to companies of
all sizes. The cloud offers better insight by use of big data which help organisation in targeting
customers and product opportunities in effective way. From multiple devices and from anywhere
the cloud work can be accessed which makes easier for team in collaborating on shared data.
The cloud computing is technological innovation which enablers in running software programs
without installing them and helps lot of organisations in storing and accessing multimedia
content through internet (Bukhtoyarova, 2022). The use of cloud computing helps in improving
the performance, lowering cost. It is important for saving time by reducing costs in several ways.
It is also important in disaster recovery as all data is stored in cloud backup and recovery of data
& applications which is quick mad more reliable.
How topic is developed
The concept of cloud computing was evolved since 1950s with distributed system which
is mixture of several independent system but in every system it identifies as only one entity to
user. To share resources and using them efficiently was the main purpose of cloud computing. In
1