With a global market value of $418 billion, IoT or the Internet of Things is a market-disrupting technology with exorbitant growth potential. Today, IoT is omnipresent! It has wide applications in numerous fields, from Medicine, Agriculture, Retail, Robotics to Supply Chain. As we speak, IoT is making a giant automation leap in an array of industries. Table of Contents 1 … [Read more...]
How Startups Can Convince the Investors
The pitch deck, a short presentation for investors, originally comes from the US financial market, where speed and persuasiveness are essential. Venture capital companies are used to making quick decisions to invest quickly in selected start-ups. To influence these decisions in their favour, founders need to give a short presentation to potential investors. In this way, in a first, all-important … [Read more...]
Basics of Data Protection on the Internet
Data protection on the Internet refers to the application of data protection to data transmitted over the Internet. It involves the application of control over the nature and amount of information that is released about a person on the Internet and who has access to that information. Data protection on the Internet is a subcategory of computer data protection. Forms of data … [Read more...]
Phases of Strategic Management
Strategic management is a management function in business administration, which deals with the development, planning and implementation of content-related goals and orientations of organizations. The strategic management planning horizons usually include two to five years, although strategically not the same as longer-term, but strategic plans usually have a longer-term time … [Read more...]
Effects of Digitization on Companies : Part XIII
This part is continuation of part XII. In retail, e-commerce is often given as an answer to the digitization question. It is still unclear whether trading via webshops will become an economic success model across the board. Established companies such as Amazon work profitably with this concept, but the smaller and medium-sized internet shops cannot yet do this. This is mainly due to the high … [Read more...]
Virtual Reality in The Online Gaming Industry
Virtual reality (VR) is an environment of scenes or objects of real appearance. The most common meaning of virtual reality refers to an environment generated by a computer, which creates in the user the feeling of being immersed in it. This environment is contemplated by the user through a device known as glasses or virtual reality headset. The psychological aspects of the virtual reality … [Read more...]
Effects of Digitization on Companies : Part XII
This article is continuation of part XI. The electrical industry, with its medium-sized structure, shows a rather reluctant behaviour towards pronounced digitization of its busyness. On the other hand, the many hidden champions of the electrical industry show a high level of innovation. The industry is very investing in research and development, which today almost always includes digitization and, … [Read more...]
What is GPON (Broadband Internet)?
Passive optical network (PON) is a technology for delivering fiber-optic based broadband network to the end-customers. EPON and GPON are popular versions of passive optical networks (PONs). PON is a point to multi-point (P2MP) passive optical network, GPON stands for Gigabit Passive Optical Networks. GPON can transport not only Ethernet but also ATM and TDM (PSTN, ISDN, E1 and E3) traffic. So, we … [Read more...]
Effects of Digitization on Companies : Part XI
This article is continuation of part X. Companies are hesitant to take digitization measures, and only one in three companies attach strategic importance to digital transformation. Companies tend to be cautious when it comes to developing new perspectives through digital initiatives. The progress of digital adaptation in the energy, utilities and logistics sectors is slow. There is still no … [Read more...]
Effects of Digitization on Companies : Part X
This part is continuation of part IX. Choosing the right management team plays a fundamental role in the digitization of companies. According to a study by Russell Reynolds Associates, five personality traits make up the digital transformation leader. This type of manager is much more suitable to transform the company in terms of innovation, digitization and customer-centricity than classic … [Read more...]
What is SMS Phishing (Smishing)?
SMS phishing, also known as smishing uses text messages to deliver messages to bait people to expose their details. Smishing attacks typically invite the user to click on a landing page. The landing page is designed to extract the private data and credentials to other websites. Several factors have made smishing an attractive option to bait innocent peoples. First, sending bulk messages is … [Read more...]
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