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Knowledge Nugget #22: Big Data

Knowledge Nugget #22: Big Data

by Britta Scherer | 14. September 2021 | Knowledge Nugget, News and events

At its core, the term Big Data describes an enormous amount of structured and/or unstructured data that is too large, too complex, or too fast-moving to examine using simple or manual analysis techniques. However, the term has been used in a variety of ways in recent...
Knowledge Nugget #20: Machine Learning (ML)

Knowledge Nugget #20: Machine Learning (ML)

by Christina Bredebach | 31. August 2021 | Knowledge Nugget, News and events

Machine learning is a subarea of artificial intelligence (AI). It enables IT systems to recognize patterns and regularities on the basis of existing data and to develop solutions automatically. Software can therefore learn independently and find solutions without...
Knowledge Nugget #9: Artificial Intelligence (AI)

Knowledge Nugget #9: Artificial Intelligence (AI)

by Christina Bredebach | 18. March 2021 | Knowledge Nugget, News and events

“The digitization of everything and artificial intelligence in everything will change everything for everyone,” said Prof. Michael ten Hompel several years ago, and “the Silicon Economy will be the battleground of artificial intelligence.”...
Knowledge Nugget #8: Disruption

Knowledge Nugget #8: Disruption

by Christina Bredebach | 16. March 2021 | Knowledge Nugget, News and events

In recent years and months, the term “disruption” has repeatedly been circulating in the media. Disruptive technologies change everything. The blame lies with the digital transformation, which is turning business models and processes upside down and thus...
TheTen: 10 Steps towards Purchasing 4.0

TheTen: 10 Steps towards Purchasing 4.0

by Britta Scherer | 20. October 2020 | News and events, The Ten

Every department and every area in the company is in demand for digitization. Many companies are currently considering increasing the degree of automation in purchasing. Processes should run completely autonomously. Blockchain technology with smart contracts or...

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