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...
by Britta Scherer | 1. July 2021 | Knowledge Nugget, News and events
Basic components – a term that sounds very cryptic and general at first. But what many people don’t know is that behind it, there is the foundation for innovation and the infrastructure of the future (Platform Economy). Just as a computer is made up of...
by Britta Scherer | 7. April 2021 | Knowledge Nugget, News and events
In most industries, sales are no longer generated by classic products; instead, the focus is on service. The sale of technical equipment is combined with maintenance services, for example. This combination of material and service components in conjunction with...
by Britta Scherer | 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.”...
by Britta Scherer | 25. February 2021 | Knowledge Nugget, News and events
The smart factory, which is literally a factory that can be considered intelligent, is at the heart of Industry 4.0 and was, or still is, considered the starting point of digitization.The smart factory is at the heart of Industry 4.0 and was, or still is, considered...