In the last decade, the number of times “data” is referred to as the new gold, oil, soil, etc. in presentations and conference talks have exploded. In this blog post, you get to know why a “data asset strategy” makes sense for your company.
If you want to start a new digitalization project today involving several companies, you are faced with numerous decisions. One of the most fundamental ones is the decision between a central platform or a more modular approach of combining several technologies and technology supplier.
The industry likes to adorn itself with terms like digitization and automation. Digitization, in particular, is often praised as a miracle cure that simply wipes away all the problems of outdated processes – virtually automatically.
The complexity of supply chains has risen continuously in recent years. Where previously communication between different departments within a company had to be managed, today the monstrous task of making every step traceable within a global business network is faced.
Approaches to incentivize a more sustainable product usage or help find suitable reuse or second life applications for products. We think these are necessary starting points for getting closer to a circular economy and therefore help reach the sustainable development goals (SDG).
DATA AS THE #1 BUSINESS ASSET OF THE FUTURE. In the last few years a new commodity has entered the business playground – data has become one of the most important assets for some companies. Facebook, for example, is one of these companies that understands the value of data as a valuable asset, which is one of the reasons of their high growth perspectives and current market valuation.