Digitalisation and society

Digitalization isn’t just about the usage of digital technology. Much more important is that, digitalization is about representing us and our environment in a machine-readable language.This implies that digitalization leads to an enormous increase in structured and (mostly) unstructured data. Today we use a huge variety of scientific methods, algorithms, and systems to extract knowledge and insights from this data. […]

Today, things look pretty different

Todays economy relies heavily on information and communication technology (ICT). Therefore, digitalization activities are of strategic significance as they change the way companies operate and, with it, the rules of competition. According to the renowned Prof. Michael Porter from the Harvard Business School, each activity that creates value for a company has a physical and an information-processing component. In the […]