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Digital Business & New Technologies

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Added on  2022-11-30

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This presentation discusses the importance of digital technology in modern business practices and the benefits of using Artificial Intelligence. It explores the software and platforms used for digital business and highlights the types of organizations adopting this technology. The presentation also provides strategic recommendations for businesses to leverage digital technology for growth and profitability.

Digital Business & New Technologies

   Added on 2022-11-30

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Digital Business & New
Technologies
Digital Business & New Technologies_1
Table of Content
• Introduction
• Summary from CW1
• Conclusion from CW1 summary
• Recommendation
• Conclusion
• References
Digital Business & New Technologies_2
Introduction
This is the 21st century where everything is getting digitalised and this is
modern due to rising of the many technology which making the life of the
people more convenient, smoother and flexible. Hence, a business
organisation also needs to use digital technology for their business. The
digital business model refers to the use of technology to build businesses to
create new values for customer experiences and internal opportunities that
support their core business operations. Among the new technologies, digital
business is referred to as business processes running using new and effective
technologies. In order to successfully implement any business practice, it is
important for the company to use different technologies to maximize the
performance of the company and the profits of the company. It is a
combination of old technology and new technology used in business.
Digital Business & New Technologies_3
A summary from the last CW1
Explanation of the technology used in the digital business
This is the digital modern era where not just mobile phone not getting smart but the businesses too. This is because
digital technology helps many organisation such as Sainsbury which is using Artificial Intelligence technology in their
digital business practices. Even so Artificial Intelligence technology was introduced in the 1956 and after that it is
blooming technology and gain more popularity after businesses Artificial Intelligence e trying to adopt the digital
technology. This is because it is well known for its advanced data modules, advanced algorithms and improved
computer power and storage. Artificial Intelligence allows machines to learn and gain knowledge, receive new entries
and perform human tasks. The use of computerized Artificial Intelligence is trained to perform specific tasks by
analyzing Artificial Intelligence amounts of data and identifying types of information. Artificial Intelligence has been
widely used to increase efficiency and profitability in businesses and to simplify work.
Digital Business & New Technologies_4

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