Digital Business and New Technologies: Exploring the Business Value of Cloud Computing

Digital business and
new technologies

Table of Contents
INTRODUCTION...........................................................................................................................3
MAIN BODY...................................................................................................................................3
Reason to deem the topic and its importance..............................................................................3
How the topic has developed......................................................................................................3
Explain technology opted in topic and it utilization...................................................................4
Describe the cloud computing platforms and their uses in organisations...................................4
Which type of business uses the mentioned technology.............................................................4
How the technology is used as a business tool and its effectiveness..........................................4
Explain the relationship of digital technology and the cloud computing....................................5
Analyse the old and new theories on business and management structure and practises...........5
CONCLUSION ...............................................................................................................................7
REFERENCES................................................................................................................................8

INTRODUCTION
The digital business and new technologies uses the new innovations to make the
businesses more valuable in their models, customer experiences and their own capabilities that
will make their main operations more efficient (Baran and Baran, 2022). This report has an
explanation on the reason for deeming the topic with its importance, the ways in which it can be
developed, the technologies utilized in the the topic, technological platforms and software
utilized in the topic, various organisations that uses this technology and the ways in which it is
used as a business tool and its effectiveness.
MAIN BODY
Reason to deem the topic and its importance
The business value of cloud computing is the providing of the IT services and the
abilities on the internet. The cloud computing delivers various types of services on the internet
that are like data storage, servers, databases, networking and software. The topic “Measuring the
business value of cloud computing” has many importance in the world of business and some of
the benefits are stated below as follows -
 Innovation – The businesses use cloud computing for improving performance, lowering
costs and rise agility. It has enabled them to create, innovate and launch new products
and this changes their lifestyle (Dirik, 2022).
 Cost effective – The cloud computing can be an appropriate way of approaching the
problem of cost. The employees can save their money in migration.
How the topic has developed
The cloud computing was evolved as it started since 1950s with the distributed systems
that is a combination of many independent systems but every systems were identifies as only one
entity to user. The objective of it was to share resources and utilize them properly. Then came
mainframe computing in 1951 which were so powerful and reliable automations, they have to
maintain the big data like large input output operations. After that arises cluster computing in
1980s and every machines were linked by cluster with a high bandwidth connectivity. Then there
was an introduction of grid computing in 1990s that were kept at various geographical areas
with an internet connection (Duwe, 2022). Then virtualisation made layers over hardware that
makes the user to access various things at a time on the device. Then came web 2.0 that was an