Blog pages with tag:

Digitization

02Jul2020
Digitization

How to improve your liquidity during the crisis

by Judith Lichtlein

Professional liquidity management is particularly important in today’s world. The COVID19 crisis caused a sudden upturn in some companies, while others have struggled with a sharp decline in sales. The Creditreform credit agency, for example, expects a noticeable wave of insolvencies as early as fall 2020. So it makes sense to take a closer look at customers these days.

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15Jun2020
Digitization

Why the Cloud is scoring on security

by Christian Krause

When it comes to switching to the cloud, security no longer needs to be an obstacle. With comprehensive security concepts and massive investments in IT security, cloud providers are now more secure than the infrastructure of many companies. If the in-house security concept is solid, too, cloud users can achieve an even higher level of security with disaster recovery-as-a-service or AI-based services for cyber security.

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02Jun2020
Digitization

What does Cloud Migration mean for your IT team?

by Christian Krause

When you switch to the cloud, administrative tasks fall away, and you’re left with more room for innovation. It’s the perfect time to introduce or advance agile approaches like DevOps and Scrum and streamline collaboration with the departments. One thing is certain: the cloud cannot succeed unless your own IT department is on board and continuously monitors cloud environments.

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27May2020
Digitization

How to cut costs by switching to the cloud

by Christian Krause

Many small and medium-sized businesses hesitate to start running their IT infrastructure and application landscapes more efficiently in the cloud. One reason is the concern that operating costs could get out of control. Yet, if you get the main things right, the result is noticeable cost-savings and a big step towards digitalization.

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25May2020
Digitization

The three phases of cloud migration

by Christian Krause

Every journey begins with the first step. Strategic cloud migration is also a journey of sorts. It’s not something you want to cram in company-wide on one set date. Quite the contrary. Once the strategic framework parameters are set and the IT workloads to be migrated are defined and prioritized (for instance, in conjunction with a COSMO CONSULT Workshop based on the cloud adoption framework), you can start with an initial cloud migration pilot project, followed by a series of follow-up projects.

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15May2020
Collaboration, Digitization

Sales in times of Corona

by Mary Ann Hoffmann

The current crisis is a major challenge for all sales employees. However, the establishment and maintenance of personal contacts is just as important in times of crisis because there are lots of important details to discuss with regard to short-term issues and how to progress once the crisis is over. Microsoft Teams is able to fill the gap that has been created by a lack of direct contact.

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07May2020
Data & Analytics, Digitization

Better decision-making with mathematical models

by Daniel Gburek

Do you know the difference between conventional and intelligent ERP systems? Intelligent ERP systems utilize intelligent assistants to help make complex operational decisions. Instead of relying on gut feeling and past experience, you can use data-based calculation models to help you make the right decisions.

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30Apr2020
Data & Analytics, Digitization

Lower costs and faster response times with the right KPIs

by Daniel Gburek

In manufacture, planning plays a major role. Manufacturing and assembly are often divided into individual steps that have to be linked together in a multi-stage planning process. But good planning is not the same as fighting half the battle. After all, discrepancies can occur during production that influence the due dates, quality, or costs of the end product.

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24Apr2020
Data & Analytics, Digitization

Corona: What your data can do for you

by Judith Lichtlein

The corona crisis has been a heavy blow for the economy. Factories, retailers and service providers, companies great and small – everyone is feeling the impact, and some are even struggling to stay afloat. There are steps you can take, however – steps that can help your business get through the current situation, as well as prepare you for the future. One example is data-based crisis management.

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24Apr2020
Data & Analytics, Digitization

Navigating the corona chaos with intelligent ERP

by Daniel Gburek

In times of crisis, companies are more keen than ever to find ways to spare resources and do business more efficiently. Just as with the financial crisis of 2008, we’re seeing more interest in digitalization and process automation. We're going to tell you how companies can use forecasting and optimization functionalities to navigate safely through the corona crisis.

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