BM565 Digital Business & New Tech: Amazon Robots and Strategies

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Added on  2023/06/15

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AI Summary
This presentation provides a summary of findings related to Amazon's use of robots in its digital business model. It discusses how these technologies relate to established and emerging theories in business and management. The presentation covers the use of robots in various industries, including agriculture, healthcare, and manufacturing, and their impact on reducing risks and improving efficiency. It also highlights the role of technologies like Amazon SageMaker in managing scientific and software engineering resources. The presentation concludes with strategic recommendations for organizations to efficiently allocate resources, monitor competitors, enhance social media presence, and foster positive communication to navigate digital disruption effectively. The conclusion emphasizes the essential role of digital technology for companies to maintain a competitive advantage, especially in the context of contactless services promoted post-COVID-19.
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Digital Business and new
technologies
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Table of Contents
Introduction
Summary
Summary conclusion
Recommendations
Conclusion
References
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INTRODUCTION
Digital transformation within the organisations is the adoption of
digital technologies. In today’s world specially after the pandemic, it
has become essential for the companies to make sure that they are
working according to the needs of the customers and provide them as
much digital services as possible.
It will help the company in connecting and communicating with their
customers with the help of technologies and will make sure that the
company is working according to their goals and objectives.
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Summary
According to the reports provided that according
to the recent tends, companies are making sure
that they are using latest digital technologies
which can help them in providing best in class
services and products to their customers.
Robots are one of the most effective and drastic
technological disruptions that are helping
companies in achieving their goals and
objectives effectively and efficiently.
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CONTINUE
The robotics that the companies are innovating up
until now include elastic, electric cables, artificial
muscles, artificial skin, artificial nose, fast
moving robots, artificial brain and potential to
bring artificial devices on the step closer to the
living organism.
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CONTINUE
In order to significantly manage the ratio
of scientists and software engineers the
company have used Amazon SageMaker
which will help the company in making
sure that both the department are working
with a steady pace so that the work can be
done on time.
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SUMMARY CONCLUSION
According to the study, it is concluded that
robotics technology in the market can
tremendously helps the companies in having
growth and development in the market.
It will help the company in making their
workings more efficient and effective which is
an important factors for the company.
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CONTINUE
Also, technology plays a major role in
providing positive customer experience to their
customers which is one of the most important
factor nowadays in order to attract new
customers and to retain existing customers.
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CONTINUE
It is evident that Amazon is working in a no
profit no loss margin and are providing best
in class ad affordable products to their
customers but it is healthy only up to the time
when market are stable.
If the economy is stable then the company
will not be able to survive in the market.
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CONTINUE
At that point of time, Amazon robots have
played a great role where people were afraid to
come in contact with others.
In Future robots will help the companies in
enhancing their safety aspects and will also help
the companies in creating a healthy working
environment free from conflict.
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RECOMMENDATIONS
It is highly recommended to the company that they must
allocate their resources efficiently. It has been observed
that companies have to invest high cost in the innovation
and development process of technology. Upgrading the
technology requires times and well as finances, so it is
important for the company to make sure that they are
utilizing their financial resources well and are keeping a
close check on the progress of the process or activity.
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CONTINUE
It is recommended to the company to keep a
close check on the workings of the competitors
which will help the company in gaining
knowledge about what is the technology that
they are is in and how company can create or
innovate a one step ahead technology which can
help them in the market.
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