Internet of things

Facility managers for industrial properties are faced with the challenge of optimizing the energy efficiency of their facilities in the face of ever-increasing energy demand and rising energy costs. Digital processes that enable the comprehensive monitoring, analysis and control of energy demand offer an effective way to reduce costs, increase energy efficiency and make optimal use of resources. Based on IoT technologies and open-source software, a cost-effective, wireless and flexible retrofit solution for real-time energy data collection has been developed.

The article addresses serverless computing and the criteria a serverless architecture must meet. Serverless computing allows developers to deploy applications as a set of functions without worrying about the underlying IT-infrastructure. This software paradigm is then used to implement a global IoT platform for numerous IoT devices in the AWS cloud.

Even though the attention of the mass media has long since turned to other technologies, the significance of blockchain technology is crystallizing more and more clearly. This article briefly describes the technology and uses an application example to show how the use of blockchain technology in the telecommunications industry could be linked to the benefit of all. The fact that our Internet is becoming slower and slower in its existing structure due to the increasing number of accesses via mobile devices can be observed in streaming services, among other things. Progressive digitalisation is producing digital data on an unprecedented scale. The challenge is to secure this data in stable networks at high transmission speeds. Widely diversified networks, which are connected to each other in a decentralized manner, promise a remedy. These structures are very familiar with blockchain technology and it can be assumed whether this technology has the potential to fundamentally change ...

In many industries, the transformation of value creation is accelerating as a result of the fundamental change from pipelines business to platform business. For taking part in the new platform business companies need to develop innovative business models. The framework developed for designing digital platforms includes the type of value contribution (what?), the actors involved (who?), the reason for the value contribution (why?) and the way of value creation (how?). The design hints derived from the framework are subsequently used to develop B2B platforms to illustrate their relevance and impact.

Blockchain technology - a distributed ledger in which transactions of all kinds of values can be carried out securely, transparently and consensually without trust in a central authority - is a socio-technical innovation that has the potential to enable new business models and make existing business models obsolete. While most applications today exist in the financial sector (e.g., payment processing), the technology is suitable for various industrial applications, especially in the area of Internet of Things (IoT) applications. This article uses three propositions and various concrete examples to shed light on the possible applications of blockchain technology for new IoT business models.

The ever increasing volatility in market conditions push the requirements of industrial companies for operational intelligence far beyond the capabilities of common business intelligence solutions. An integrated and comprehensive software solution was missing. Enterprise Operational Intelligence (EOI) closes the gap. EOI focuses Big Data on company strategies and (strategy-)compliant value chains. This incorporates a structured approach for all data to deliver value, including manufacturing-related data, Internet of Things and real-time processing, somewhat analogous to computer tomography. EOI allows leaders and managers to continuously adjust business processes to keep them in line with business strategies. Operations can be adjusted to new realities rapidly and the consequences of interventions can be understood quickly and comprehensively.

The digital transformation is currently one of the defining topics in public discourse. New technical developments are making new services and new business models possible, though they also entail new challenges. In order to recognize and take advantage of the opportunities offered by digital transformation, it is necessary for corporate decision-makers to first understand the fundamental relationships that exist between technologies, data and customers. Only then experts are able to build on this understanding to develop new products and services. Such projects require more than just IT expertise. For the project to succeed, it is crucial that the IT and specialist divisions work together on this development. In order for the collaboration to succeed in spite of all the differences between the divisions’ remits, those in charge should ensure that the project environment is one in which all participants are able to interact on an equal footing and understand one another. The ...