Digital Technology and Business in the Modern World: Report

This report, likely for a business course, provides an overview of digital business and new technologies. It begins with an introduction explaining the value of digital tools in achieving business growth and competitive advantage, particularly in data protection. The report summarizes various technologies used in business operations, including digital platforms and software, and the benefits of using technology to improve productivity, enhance consumer services, and automate processes. It concludes by summarizing the impact of technology and software on business productivity. The report then offers recommendations for digital strategies, including connecting with people, improving marketing tactics, remote work methods, productivity enhancements, security measures, cloud features, and automation. The report concludes by reiterating the importance of digital business and its impact on automation and decision-making. References to relevant books and journals are provided to support the findings.

BM 565 Digital
Technology and
BUSINESS

TABLE OF CONTENTS
 INTRODUCTION
 SUMMARY OF THE DIGITAL
BUSINESS NEW
TECHNOLOGIES
 CONCLUDING THE REPORT
SUMMARY
 RECOMMEDATIONS
 CONCLUSION
 REFERENCES

INTRODUCTION
 Digital business and new technology is mainly used for
creating value and achieving better growth in the business by
developing the capabilities.
 Technologies used in the business as for protecting the data
which helps in achieving the competitive advantages for the
business.
 This representation provide details about shirt summary of
the digital business and new technology.
 Also concluding the topic and giving the recommendation as
for improving the effectiveness for meeting the emerging
challenges by the digital disruptions

SUMMARY OF THE DIGITAL
BUSINESS NEW TECHNOLOGIES
 Various technologies used in the dynamic world for handling the
business operations and working fast and effective manner.
 Digital technologies are the set of various tools which helps in
storing, controlling and Working with various processes.
 Using the right technology and software in the business mainly
helps in growing the business and enchaining the competitive
advantage with improving and performing task.
 Various software helps in managing the payment and all the daily
operations of the business which supports the business in
increasing its productivity and revenues earning capacity by
working efficiently.

CONTINUE..
 Various technological platforms used for providing the
customized services.
 These platform mainly includes the amazon web services,
billing software and the CRM software mainly helps in
organizing and automating the lathe business which supports in
providing the best consumer services which retains the loyal
consumers for purchasing products on various businesses.
 This software are used by various organizations for maintaining
record and improving the consumer services as the retail store,
Tesco using the AI solutions in automating the warehouse
solutions which helps in enabling and working effectively.
 Moreover, digital technologies and software are use by the
businesses for achieving the effectiveness.

CONCLUDING THE REPORT
SUMMARY
 The conclusion to this report has been made that digital world has a crucial aspect
of the world as it offers many advantages to the customers and the business.
 From the summary it can be concluded that the technology and software are used
for the business to improve the work productivity and also be able to enhance the
business experience.
 From the summary it can be understood that use of technology and software in the
business is considered to be very essential for the automation of the process and
software for saving a lot of money.
 The use of technology in business assists them with the Payroll system that is able
to manage the payment with the organization for the contractors and employees

RECOMMEDATIONS
 From the conclusions made there are certain recommendations which can
be made are,
DIGITAL RECOMMENDATIONS
Connect with
people
Improving
marketing tactics
Remote
Workplace
methods
Productivity Security Cloud Feature Automation

CONNECT WITH PEOPLE
 Technological features that the business has is also able
to develop the ability to communicate and also connect
with the people that have the right level of fingertips.
 Software like CRM software and communication
software allows the organizations to help develop better
communication and connection between the individuals.
 It is also recognized as one of the best tool for the
getting in touch with the employees and the customers.

IMPROVING MARKETING TACTICS
 From the use of technology the
recommendation can be made that the
technology can allow the company to
increase the marketing technique and also be
specific towards the ways in which business
can be promoted.
 Utilization of technology for the means of
marketing can be said to be the factor which
has been able to develop a microscopic view
that helps the company develop the concern
of company providing the business looks on
the virtual stance.

REMOTE WORKPLACE METHODS
 Increase in the technological
advancements that allows the business
to work hard and also develop own
skill-set in order to help the employees
to develop the possibilities to do the
work from different locations.
 With the help of this system the
business can hire more talented and
diverse employees which are
considered to be very effective for the
development of the organization.

PRODUCTIVITY
 Technological enhancement can be considered to
be the key factor which allows the business in the
management of the practices that helps it to
develop a better understanding of how to manage.
 The time an also the maneuver through the roles
and work of business to gain plausible and
excellent outcomes.
 Better technology helps the businesses to increase
their productivity.

SECURITY
 Benefits of utilization technological for small
business owner is the best one that allows the
security of the business to increase.
 This is very important for the prevention of
hacking that has increased after the use of
technology.
 It can be said that the information of the business
is very important and valuable.
 Protection of such information is very crucial
hence they are to be protected with advance
technology for the saving the information from
any kind of theft.