Technology

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• Amazon and Alibaba - How he dominant digital platform ecosystems work

  How do digital platform ecosystems like Amazon and Alibaba work? We show which business areas they have and what the future of such business models looks like.

  Platform Economy•Prof. Dr. Michael Fretschner•12 Jan 2022•8 minutes

  

• Industry 4.0 for SME companies

  In order to find an optimal introduction to the topic of Industry 4.0, we should first clarify the terminology. After that, I will give you a brief outlook of the possibilities with short examples and their already existing applications. The goal should be to understand how far progress has already changed everyday life in many companies. Through this understanding, I want to take away your fear of these changes and encourage you to start with your own digital strategy for your company.

  Markets & Industry•Friedrich Prötsch-Jechtl•11 Jan 2022•6 minutes

  

• The Metaverse explained – Definition, Introduction and Examples

  What is the Metaverse? Why should you understand it, and what use cases does the metaverse even have? Here the Introduction and explanation of the next evolution of the internet.

  Innovation•Benjamin Talin•11 Jan 2022•16 minutes

  

• RPA - Robotic Process Automation - but what for?

  Have you often transferred data from several Excel sheets or PDF files to another application several times a day? Or do you have to transfer orders from incoming e-mails into an enterprise resource planning system on a regular basis? If you know these activities, then you have only one wish. You would like to minimize or hand over this time-consuming work. You now have an idea of what RPA means: the automated execution of this (annoying) activity by a software robot.

  Processes•DIGITAL BREAKFAST•7 Jan 2022•5 minutes

  

• Chatbot Implementation in 8 Steps - Helpful Expert Tips for Getting Started

  More and more companies are using chatbots to communicate with their customers. The motivating factors for using bots are usually increased efficiency, enhanced customer experience and cost reduction. However, many bot projects fail because they do not satisfy customers or have technical shortcomings.

  Bots and Assistance Systems•Sophie Hundertmark•5 Jan 2022•5 minutes

  

• Digitization without business continuity? Forget it!

  The digitization of business processes should lead to them offering a better experience and becoming more efficient. However, these benefits often also lead to stakeholders becoming more and more dependent on the IT systems used. In this article, I therefore highlight the increasingly important, but always often forgotten or only technically addressed topic of business continuity.

  IT•Georg Hauzenberger•4 Jan 2022•9 minutes

  

• The Metaverse - Why it is more than hype

  With the metaverse, we are facing a shift that will change business models just as much as the Internet has in recent decades. Anyone who dismisses it as hype for gamers and nerds is closing their eyes to the advantages of early participation.

  Virtual Reality & Augmented Reality•Thomas Müller•21 Dec 2021•6 minutes

  

• eProcurement - process and cost optimization through an automated material flow

  The digitization of purchasing not only brings enormous efficiency gains and cost optimization. With the digital transformation of procurement processes, entirely new workflows become possible that change the way ordered products are handled - and open up further savings potential, for example in merchandise management.

  Procurement•Christian Obeser•13 Dec 2021•4 minutes

  

• eProcurement - 5 factors for winning in purchasing

  Indirect procurement is often given only low priority. But it is precisely the unfavorable relationship between price and process costs that actually forces us to exploit all available savings potential here. And there are several of these along the process chain.

  Procurement•Christian Obeser•13 Dec 2021•7 minutes

  

• Crypto-Assets - a social capital game

  What is driving the price of crypto assets like tokens and NFTs? Is it just the utility of blockchain technology? No, the desire for belonging and status is the key factor! That's why the metaverse is so hot.

  Blockchain & Smart Contracts•Thomas Müller•7 Dec 2021•7 minutes

  

• Ethics, trust, and explainability in artificial intelligence (AI).

  As artificial intelligence (AI) continues to evolve at a rapid pace, becoming part of more and more business processes, and as regulatory and customer pressures continue to mount, we need to address some very deep ethical issues. AI designers and developers in particular can help reduce bias and discrimination by addressing these areas of ethical consideration and using supporting toolkits.

  Ethics•Britta Daffner•2 Dec 2021•4 minutes

  

• Important Blockchain Trends For 2022

  The crypto world was booming and transforming in 2021 with its new blockchain trends and inventions, but 2022 will bring even more.

  Blockchain & Smart Contracts•Tetyana Kohansal•17 Nov 2021•5 minutes