Standardized or Individual BI Solution - or Both?

by Alfred Grünert on 06/28/2021

Should people in charge should a turnkey BI solution in the cloud in order to get started as quickly as possible or should they rather opt for an individual solution that is tailored to their specific requirements. But why not benefit from the advantages of both options?

Categories:
Data & Analytics

This Is How You Become a Data-Driven Leader

by Daniel Kolm on 06/28/2021

Those responsible for digitalization observe how often isolated business intelligence solutions emerge. This is where an immense opportunity lies in store for them. Combine solutions and consolidate data from different sources.

Categories:
Data & Analytics

How “Data-Driven” Leaders Think About the Use of AI Systems at Mid-Sized Companies

by Max Heppel on 06/28/2021

To be prepared for Artificial Intellligence data-driven managers who have an affinity to AI should start thinking about responsibilities early on. How can they convince their employees to use it? How can they negotiate at eye level with service providers?

Categories:
Data & Analytics

From history to the present - image analysis has never been more important

by Dr. Marco Natale on 02/16/2021

In the first part of this blog article, we have already seen how we can use automated image analysis in the fight against COVID-19. Machine identification of objects on images was considered an unsolvable problem in mathematics and computer science for a long time. Point of views, light conditions or distances to an object can be too different, with the result that no classical algorithm was able to solve this problem even partially. It is only with the progress of AI research that major advances in machine vision have been achieved in the last decade. But how did this sudden progress come about?

Categories:
Data & Analytics

How Automated Image Analysis Can Help Us in the Fight Against COVID-19

by Dr. Marco Natale on 02/02/2021

For nearly a year now, the whole world has been in a state of emergency. SARS-CoV-2 has had a massive impact on our lives. Mandatory wearing of face masks, curfews and lockdowns have become part of our daily lives. But despite all of that, the infection rate remains high, and people are starting to have doubts as to the effectiveness of the measures that have been introduced. Where does the problem lie though? Are people wearing masks, and are they even observing the social distancing rules?

Categories:
Data & Analytics

Lower costs and faster response times with the right KPIs

by Daniel Gburek on 04/30/2020

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.

Categories:
Data & Analytics,
Digitization

Better decision-making with mathematical models

by Daniel Gburek on 04/30/2020

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.

Categories:
Data & Analytics,
Digitization

Corona: What your data can do for you

by Judith Lichtlein on 04/24/2020

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.

Categories:
Data & Analytics,
Digitization

Navigating the corona chaos with intelligent ERP

by Daniel Gburek on 04/24/2020

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.

Categories:
Data & Analytics,
Digitization

Reducing Production and Warehouse Costs with Optimum Batch Sizes

by Michael Hering on 12/02/2019

How much should you produce of a particular product in one batch? How high can the stock level be? Does it make sense to increase the machinery capacity? Challenging questions like these can only be answered reliably with intelligent data utilization. Traditional models for batch size optimization (such as the formulas developed by Harris and Andler) produce initial indications, but they cannot provide comprehensive optimization taking into account all relevant articles, costs, and restrictions. The processes are simply too complex.

Categories:
Data & Analytics,
Industry 4.0 & IoT,
ERP,
Digitization