Report on Digital Business and New Technologies in the Market

This report provides an overview of the rapid changes in the corporate world driven by digital technology, emphasizing the significance of nanotechnology. It explores the applications of nanotechnology in various sectors, including medicine, electronics, and energy, highlighting its potential for innovation and development. The report analyzes the importance of nanotechnology in developing countries for disease treatment and health-related issues. It also discusses the use of nanotechnology in the electronics sector, focusing on innovations like nano-robots and memory chips, and concludes that the combination of technology and electronics is beneficial for future developments. The report references several books and journals to support its findings, offering a comprehensive analysis of nanotechnology's role in digital business and its impact on various industries.

Digital business
and new
technologies
TASK 1

INTRODUCTION
• Technology is changing the corporate world at rapid level.
Digital technology has become trend in market and everyone
is using it at wider level. In this competitive era, no one can
survive without technology because it gives a boost to
economy. Nanotechnology is a type of field research which is
used for developing and creating new in things such as
materials, devices etc. It is most adopted with motive of
developing countries so that cure for disease is explored at
broader and wider level

A summary of findings from CW1
The CW1 report is about the nanotechnology, organisation
uses, description, and business tool, relation with digital technology
with both old and new, evolution of topic. It is also specifies that
nanotechnology is essential for development and growth so that new
changes are being done and easily adopted (Nambisan, 2017).

• Also, it is analysed that huge capital, deep research, high level
of skills and knowledge is required to use nanotechnology in
proper manner. In the report, importance of nanotechnology
is given which depicts that it is helpful in various industries
such as medical, industrial manufacturers, etc. Also, through
this Nano- robots are used as technology assistance which
helps them to deliver positive outcomes. They are also skilled
and expert in reconditioning of brain tissue and this can also
be more developed in future (Orben, 2019).

Set of conclusion based on summary
Nano-technology has changed the world and its
applications sector. It is highly used in the mostly in
the field of medical, electronics and digital platforms.
So, when using this in profession or area proper
considerations are to be considered in appropriate
manner. It has also been concluded that digital
technology and new inventions are used by every
entrepreneurs as well as businesses. Furthermore, it is
also specified that all it is cost expensive and require
resources at larger scale (Joda, 2017).

Applications of these conclusions to specific sector or profession
Applications of the conclusions are wider as well as
broader and are used by everyone in effective manner. It is also
seen that in electronics sector it is used and make innovations
related to devices and machines. Also, it is seen that in this
application area it has great opportunity to be placed in this
sector as it can be used such as for reducing the display screen
size and deliver OLED’s displays and new Nano-robots which
can be used for helping others.
Electronics- In this, Nano- technology is being used by
many companies to develop and implement new innovations as
well as invention.
Nano technology signifies that adoption of this technology by
using electronic part which is named as transistor. It is also
considered as a transistor device which is so small and
connection between inter-atomic as well as quantum mechanical
properties require to be studied comprehensively(Contreras,
2017).

• The use of Nano technology with electronics provide wide
variety of benefits such as enhancing compactness of memory
chip, developing electronic devices as well as eliminating
transistors sized adopt in combined circuits and many more.
Therefore, it has been stated that the integration of this
technology with electronics is very beneficial in future period
of time. The integration of technology with electronics is
useful in reducing consumption of power, energy as well as
weight in order to boost capabilities related to electronic in an
effective manner. And also, it develops as well as explores
display screen by use of electronic devices

• Therefore, it has been stated that the combination of both technology
and electronics is useful in particular sector as well as profession in an
effective manner which will be beneficial in future period of time. There
are various applications related to combination of Nano technology
related to electronics which is named as Nano electronics which is
going to be mentioned below:
• They adopt atomically-thin-indium-tin oxide sheet which is used for
cost effective manufacturing of touch screen as well as consumes too
less power. In addition to this, they are using silicon nanophotonics for
offering speedy information related to transmission among combined
circuits which is possible through the use of electrical signal. Therefore,
it has been stated that the combination of Nano –technology with
electronics is beneficial for organisation during the period of time.
• The use of nonopatterned silicon surface which is used for
manufacturing the light that gives much more frequency than that is
previously achieved. It provides allowance for much more rates of data
for delivering information related to transmission over fibre optics.
Thus, it has been analysed that, it is necessary to transfer information
quickly which is adopted for producing light that offer much more
frequency than even before (Singh, 2016).

• 4. May be done via the application to particular organization that you
have experienced of, but must include clear references to wider
sector or profession issues
Nanotechnology was beginning form the year of 2000 which deal with
variety of products such as commercial products; there is major
application that is used for passive Nano materials. In addition to this,
the technology is adopted in developing countries to assists them to
treat disease as well as prevent issues related to health. It is determined
as Nano medicine. There are various applications such as Nano
medicine, Energy, food and many more which are used by particular
organization that is going to be mentioned below:
• Nano medicine: Nano medicine is considered as an integration of
mechanical as well as chemical properties that provide treatment to
its patient in an effective manner. In addition to this, it seeks to
producing drugs in order to reach in planned area that is much better
than traditionally used injection or pills. There are various issue
related to present medicines which is faced by company such as nano
particles that can create biological barrier inside the body. Therefore,
the issue can be resolved by creating effective treatment for its
patient during the period of time (Scheunert, 2016).

• Energy: There are different branch related to energy in which
Nano technology is determined to have specific potential named
as solar. In addition to this, it has been stated that Nano
engineered solar cells as well as materials which provide
facilities related to absorption of higher energy in an effective
manner. There is the issue related to failure of Nano solar cells
in the year of 2013. In present context, solar power has
generated renewed interest. It is useful for success and growth of
company in future period of time.
• Electronics: In dynamic environment, it is necessary to tackle
important information very quickly and at large scale. Therefore,
it has been stated that, through the use of electronics, Nano
technology can transfer necessary chip which is demanded by its
customer during the period of time. Apart from this, few years
later, by adopting carbon nanotubes , the company develop a
memory chip which is used for replacing elevated density flash
memory chip(Nambisan, 2017).

CONCLUSION
Technology is used by everyone in corporate world so that work
become easier. Evolution of digital technology has also changed
the concept and advanced tools are used as tools in the process.
Furthermore, it is examined that applications are important to
analyse so that technology is used in proper manner. Also, new
areas & sectors are being developed so that it more new paths of
using digital technology are explored.

REFERENCES
Books & Journal:
• Nambisan, 2017. Digital entrepreneurship: Toward a digital technology
perspective of entrepreneurship.Entrepreneurship Theory and Practice,41(6),
pp.1029-1055.
• Orben, 2019. The association between adolescent well-being and digital
technology use.Nature Human Behaviour,3(2), p.173.
• Joda, 2017. Digital technology in fixed implant prosthodontics.Periodontology
2000,73(1), pp.178-192.
• Contreras, 2017. Nanotechnology applications for electrical transformers—A
review. Electric Power Systems Research,143, pp.573-584.
• Singh, 2016. Nanotechnology applications in functional foods; opportunities
and challenges.Preventive nutrition and food science,21(1), p.1.
• Scheunert, 2016. A review of high magnetic moment thin films for microscale
and nanotechnology applications.Applied Physics Reviews,(1), p.011301