For digital transformation to succeed and companies to achieve digital excellence, products, processes and technology must be addressed and improved simultaneously.
What phases does a user go through when using an app, and how can you influence this in such a positive way as to create customer loyalty and user retention in the long term?
Digitization and sustainability are the defining business issues, and impact is a mandatory management task in 2021 and beyond. How can you have a sustainable impact through sustainable investment?
No one needs to become a scientist to conduct experiments to test business ideas. However, there are a few basic principles to keep in mind. In this article, I discuss why validating business ideas is important and how experiments are most effectively implemented.
Probably the biggest challenge facing companies today is providing information and stopping the loss of know-how. How can companies make the right information available to the right people at the right time?
The SET Model helps to identify much more than just strategic ressoruce allocation. We show what it means and why you should look at these numbers closely.
A quick look at the current business press may not be representative, but it still proves the high relevance of digital transformation in supply chain management. We explain why the digital supply chain is also exciting for SMEs.
The retail industry has undergone major changes in recent years. Even now, new ideas and technologies are at the start, which open up many new possibilities to bring customers a new shopping experience.
CIOs today are facing a variety of challenges. Ever more employees are using their personal instant messaging accounts for conducting business conversations and transactions. CIOs have two ways to handle the issue, either completely ban it from the enterprise or embracing it and make best use of the valuable data. A complete ban is not feasible as employees will just keep using what they know best and use every day anyways for their private communication. Adapting instant messaging to interact with the enterprise systems has many advantages such as increased productivity, quicker workflows, lower cost by avoiding monothematic mobile apps to access the enterprise systems. Fortunately today the technology exists to provide access to enterprise systems via instant messaging in a controlled and secured way.
Natural Language Processing (NLP for short) links the machine processing of natural language in computer science. Based on the natural and written or spoken language, the computer can analyze, understand and process the language of humans.
Unstructured data is information that exists in a non-normalized and non-identifiable data structure. Classically, this includes text, image, audio and video files that are not stored in databases. Especially in the environment of Big Data, unstructured data is of enormous importance.
Not only corporations, but also small and medium-sized businesses are feeling the pressure to adapt to the changing times and to digitalise processes. Anyone who takes a closer look at the topic of digital innovation will quickly see that the necessary know-how about AI is often not located in their own company, but instead in the vibrant start-up scene. But what are the reasons for cooperating with start-ups and how can they be successful, despite the often different mindset?