Tag: Business Model

The Internet of Things (IoT) or the fourth industrial revolution is neither a short-term phenomenon nor a buzzword. Single enterprises are not capable of influencing the trend towards a digitization of business processes, nor can they change the globa ...

We are in era of digital economy, where data can be used to leverage functionality of anything from governmental institutions, private sector to healthcare. Many companies perceive data infrastructure as cost center, but now with all possibilities of ...

In addition to the digitization of production, Industry 4.0 is also about the digitization of product development. What should be considered when networking and creating platforms? How does the interaction between product development and production ta ...

The multifunctional kitchen machine Thermomix is a huge success for Vorwerk. In a single financial year, the Wuppertal-based company was able to look forward to an increase in sales of over two million units. The Thermomix connected to the Internet is ...