The digital transformation is in full swing! If you want to keep pace, you should start looking for new talents to innovate your business. But keep in mind: digital talents are in great demand and so they can be very selective with their new employer, especially the top-tier innovators need certain incentives. We provide some tips for you on how to best attract these digital minds and win them for you in the competition for creative digital heads.
Most of the time, digitalization is the solution to everything, isn’t it? So why shouldn’t it be a solution to the world’s energy problem? But how can digitized processes help to save the planet? Their biggest advantage is helping to a significant reduction in CO2 emissions, while they minimize the need for some resources (i.e. paper) in manufacturing as well as in logistics. The digital transformation of industries can help to avoid an estimated 26 billion metric tons of net CO2 emissions and this only from three industries: electricity, logistics and automotive. So it’s high time we went for it! Since every increase by 1 percent of the global gross domestic product, the world’s carbon emissions rise by an estimated 0.5 percent.
Digital innovations should therefore be taken on account and used against this trend. Because, applied in the right way, digital technology can save lots of energy, even if it sometimes consumes much. Based on some examples, we show you here how easy can it be for a company to save energy and thereby to make the world a whole lot better.
Digital transformation is not just about technology. Even access to the best tech doesn’t ensure digital success. Instead, successful digital transformation requires an overall cultural change! What companies really need to face the challenges of digitalization are flexible and proactive employees. And ahead of them: managers embracing the cultural change and driving digital transformation forward. But, as you might have noticed, many traditional managers struggle to keep up with the fast-changing environment and new working styles. So, let’s see what makes the difference for leadership in digital transformation!
The customer is king and the king wishes new services nowadays. Induced by digitalization he has changed his expectations on services and products. While the customer can access product information and purchase easily mobile – whenever and wherever he wants – the competition between companies grows stronger. Thus, the most effective way to distinguish yourself from competitors remains the customer experience: it already drives two thirds of the decisions customers make, according to an insight by McKinsey. The motto is: provide a great customer experience – or you may lose your customer. And as usual, technology is your friend! Read on to find out how digital transformation and data analytics help to improve the customer experience.
We witness a mass extinction. Only the ones who adapt to their environment will survive. No, we are not talking about birds on the Galapagos Islands – we are talking about companies everywhere! The laws of nature equally apply to the business world: digitalization rapidly changes technology and society and forces companies to adapt fast enough – or die. Corresponding to Darwin’s principle of natural selection, we call this phenomenon Digital Darwinism.
Digital Darwinism is a threat for the “business as usual”. In fact, only 71 companies remain today from the original 1955 Fortune 500 list. The one thing that the failed companies have in common: a missing or miscarried digital strategy. No threat, you say, as most modern companies already went digital? So far so good, but the crux of the matter is the very fast pace of digital change: it is not some innovation now and then that companies need to react to. It is digital disruption that completely revolutionizes business models and consumer expectations – and it won’t end. It is possible because technology is now approachable by anyone with an idea to do something different or better. This constant innovation leads to disruption: everything can change and everything is changing. More…
As a result of the phasing out of nuclear energy and the associated expansion of renewable energies, German energy supply companies are faced with a multitude of challenges particularly in their core areas of generation/trading, sales and the grids business.
This development has been accompanied by the complex fragmentation of the market and an increased demand from customers for individual solutions and above all for technical developments such as highly scalable, intelligent IT platforms. However, this has now all resulted in a further transformation of the energy world – an “Energiewende 2.0” which is being ushered in on a new digital level. This has caused the energy world to become blurred with other sectors. New competitors, especially those with a high level of IT expertise, are forcing their way onto the existing market. At the same time, the Internet of things, new forms of mobility concepts or the vision of an intelligent, networked city are opening up a great deal of potential for the creation of new business models both for them and also for us as a traditional energy supplier.
New business models outside of linear developments
In order to successfully position ourselves against the competition in this agile, fast-paced and innovative environment, we have been supporting internal startups within the Group to establish new business models on the market outside of the existing Group structures for the last two and a half years. At our own Innovation Campus founded in Karlsruhe for this purpose, seven teams are now concentrating on the following themes: “Virtual Power Plant”, “Smart City”, “Connected Home” and “Future Mobility”. More…
The second day in CODE_n hall 16 at CeBIT, the international tradefair in Hanover, Germany, started out with an upbeat mood: 50 finalists from all around the globe, partners, politicans and CODE_n alumnis had been celebrating at the pioneer’s dinner the night before, letting the opening day of the exhibition come to a bright and relaxing end. It’s not everday you dine in a specially designed hall – in front of robots – together with good company and there was reason to celebrate, too: antendances at the fair, especially in hall 16, were good; quite a few startups were surprised by the amount of contacts they were able to count even on day one.
So the positive spirit was brought to day two, which revolves around all of the four CODE_n 15 Internet of Things topics Digital Life, Smart Cities, Future Mobility and Industry 4.0, with an emphasis on the last of the four themes. The conference program, for example, started out with a stage dialog with CODE_n partner Trumpf, Engel Austria and finalists Oden Technologies from the United Kingdom, looking at machine building going cloud. The conclusion, by the way, was that machine building companies seem to be waking up. In the afternoon, Accenture presented the Industry 4.0 topic from a different point of view, tapping the full potential of future manufacturing, iniviting the following speakers on stage: Frank Riemensperger, Senior Managing Director, Accenture DACH, Prof. Dr. Henning Kagermann, President of acatech, Klaus Helmrich, Member of the Board of Siemens AG, Dirk Hoke of CEO Business Unit Large Drives of Siemens AG, Marten Schirge, Head of Sales of Device Insight, Harald Zapp, CEO of relayr.
Get Started by BITKOM brought in Felix Bauer, CEO of aircloak, to talk about the security and privacy in the Internet of Things, Nick Sohnemann, Founder and Managing Director of FUTURECANDY talked about the next technology wave. Marten Schirge, Head of Sales of Device Insight invited his listenors to think big, even if starting small and explained how business can benefit from smart remote services within industry 4.0. More…
This morning, doors opened at the world’s largest trade fair for IT & Digital Business: CeBIT 2015 in Hanover. For CODE_n, the week began on Sunday already and it started quite promising: the press conference with the CODE_n partners Trumpf, Accenture, EY and Salesforce was very well-attended; the ROBOCHOP installation got lots of attention even before the doors officially opened. This morning, the last of the CODE_n finalists arrived and adorned their boots. First impression? The next five days are set out to be quite spectacular! Let’s have a look at what is yet to come.
To start with an overall proposition: Digitization is everywhere, not just in hall 16. During the opening event, China – the partner country of this year’s CeBIT – presented itself as IT-site. Alibaba founder Jack Ma, for example, introduced a system for online payment. The main topics throughout the whole exhibition are Big Data & Cloud, Digital Transformation, IoT, Mobile, Security and Social Business.
GFT as initiator and CODE_n as innovative platform for startups and established corporations have identified where the trend is headed: Going back to hall 16, it can be said that the pivot of the digital avant-garde is here and it’s massively impressive. The 50 finalists, the partners, the hall design itself – it all revolves around one topic: Into the Internet of Things.