This article is continuation of part VI. In the course of digitization, there is no chance of avoiding the topic of IT infrastructure. All technical applications, services or solutions are based on infrastructure. As a company, you have to decide how many resources you need and what you are willing to pay for them. The industry and the company's strategy play a major role here. The simplest … [Read more...]
Effects of Digitization on Companies : Part VI
This article is continuation of part V. The term e-company describes digital collaboration between companies. Companies that are legally independent of one another have the opportunity with the help of such electronic cooperations to appear as one company and to offer the joint service as such. There were essentially three reasons that could be blamed for the rise in electronic collaborations: … [Read more...]
Effects of Digitization on Companies : Part V
This part is continuation of part IV. The e-marketplace is an electronic marketplace which, as a virtual platform, relies on the digital networking of market participants. The advantage of electronic marketplaces is that any participant can electronically "enter" an e-marketplace of their choice without actually having to leave the house. Entering the e-marketplace is not tied to any time limit, … [Read more...]
Effects of Digitization on Companies : Part IV
This part is continuation of part III. The electronic value chain is an extension of the Porter's value chain. Porter's value chain divides the various processes in the company into separate processes. The value chain can be divided into two large groups. On the one hand the main activities and on the other hand the support activities. As the name implies, the main activities are directly … [Read more...]
Effects of Digitization on Companies : Part III
This article is continuation of part II. The advancing digitization of companies, i.e. communication between business partners via various platforms such as e-mail or instant messenger, the automation of work steps, the availability of all data independent of time and place, enables and supports the increasingly important role of globalization and the global Trade. The following manifestations of … [Read more...]
Effects of Digitization on Companies : Part II
This article is continuation of part I. Already in the previous centuries, different codes were used to deliver messages or to protect them from other people. An example is the Morse code, which has its origins in the 19th century. The principle behind the codes is always the same. New symbols or characters are defined for certain characters. In the past, this was always done in an analogue … [Read more...]
Effects of Digitization on Companies : Part I
Digitization has changed daily life around the world. Not only society but also, or above all, companies have changed. For a few decades now, the digital revolution has ensured that the world is turning faster and faster. In addition to the digital revolution, terms such as Industry 4.0 or Print 4.0 are also appearing. The Internet has become a meeting place for all conceivable offers and … [Read more...]
What is a Social Intranet?
A social intranet is a type of intranet whose access is limited to certain users such as the members of a certain association or a family or the employees of a company. The phrase digital workplace is closely related to the phrase social intranet as because in the vast majority of cases, digital workplace includes a social intranet. A social intranet can help improve internal communication. … [Read more...]
How Content Localization is Driving the Entertainment Industry
Setting up an entertainment website sounds like a lot of fun, but how do you make sure that the people who visit it get as much enjoyment as possible out of it? One of the key factors that we see in certain industries is content localization, which can enhance the visitors’ experience immensely. Content localization is a critical strategy for capturing new markets worldwide in today’s increasingly … [Read more...]
How Coronavirus affected the IT industry
Various estimations are saying that almost a third of IT companies are struggling with the consequences of the pandemic. The IT labour market is changing. The COVID-19 pandemic has hit the companies in very different ways. While six per cent of firms even consider their current economic situation to be very positive, just under two-fifths speak of a rather negative situation. Seven per cent are … [Read more...]
How innovative OCR helps students in their education careers
Most people think that optical character recognition is usually used for security and documents, but in reality, it is a false concept. This amazing technology is used in various fields, mainly to increase creativity and surprising ways. A popular application of this technology is in education, where it increases both time efficiency and productivity, helping students and teachers, for example, to … [Read more...]