Digital business & new tenchnologies

Digital Business & New
Technologies

Table of Contents
Introduction.................................................................................................................................................2
a. Importance of software.......................................................................................................................2
b. How software has developed..............................................................................................................2
c. Technology used in software along with its applications.....................................................................3
d. Technological platforms as well as software used...............................................................................3
e. Organizations and businesses that makes use of software..................................................................4
f. How software is utilised as business tool and its effectiveness............................................................4
Relationship among digital technologies along with theories of management & business structure.....4
Conclusion...................................................................................................................................................7
References...................................................................................................................................................8

Introduction
Digital business is referred to as utilization of technology for creating new values in
business models, customer experiences as well as internal capabilities that are liable for
supporting core operations (Aagaard, Aagaard and Harrison, 2019). Technology is rapidly
evolving and as per that organization can opt for through which they can amplify services that
are being delivered by them. To understand the concept of digital businesses & new
technologies, software is taken which implies set of instructions, programs or data that is being
used for operating computers as well as execution of peculiar tasks. It is considered as variable
part within the system. Though software’s are used in every industry but here aviation sector will
be taken into consideration. This report includes various aspects related with software and
relationship between digital technologies.
a. Importance of software.
A set of programs or instructions which instructs a system to carry out peculiar task is
referred to as software. Basically, they are utilized to have a planned as well as structured
process for accomplishment of needs (Akgün, 2020). Significance of different software’s which
are being used within firm are illustrated below:
 Accounting Software: It aids firms to ease financial as well as accounting teams so that
they do not get burdened with issues related with these aspects. For instance,
maintenance of aircrafts, salaries of employees, etc. have to be managed so that cost
associated with each can be identified respectively and predictions can be made how
much budget will be required for carrying out these aspects.
 Customer relationship management: It is software which is used for tracking customers
along with relationship with them. This acts as a crucial asset for organization as it
enables to keep eye on their customers and accordingly provides different benefits to
them (Arumugam and Vaidyanathan, 2020). For an instance, within aviation sector the
people who opt for maximum services can be provided with certain offers to retain them.
b. How software has developed.
Tom Kilburn a computer scientist who has written first piece of software on June 21, 1948.
A computer named Manchester Small Scale Experimental Machine (SSEM) was built with the
assistance of a colleague for carrying out mathematical calculation through the usage of machine