Artificial intelligence, in the form of computer systems and robots, is gaining ground in our lives at an ever increasing pace. And not just for performing simple tasks. Quite the contrary, in the future these new technologies will be able to handle tasks that are far more creative and innovative.
How companies can get the most out of expertise generated from existing data – from food and drug research and development to regulatory approval.
Imagine for a moment that you are going to an unfamiliar supermarket for the first time. If you are someone who isn’t visually impaired, you just have to look around to get your bearings and recognize the various objects and obstacles. People with visual impairment, however, have to make use of other senses to navigate their way through the new space. But what would happen if the objects in that space could communicate with them and serve as a kind of navigation aid?
Are you sensing increasing competitive pressure in your company because of the rise of digitalization in business? According to a recent survey by the digital association Bitkom, this pressure is impacting the majority of German companies. Digitalization appears to have penetrated every industry. However, most companies also see it as an opportunity for further growth and are gradually adapting their products and services. Yet, according to Bitkom, only 33 percent are pursuing a company-wide digital strategy.
How insight engines and digital twins are revolutionizing customer service Not many computer accessories are as much of a pain as the printer. Anyone who has ever urgently needed to print something can identify with this: “No paper” although the tray is clearly full, the toner is leaking, there are stripes on the printouts – somehow there’s always a problem.
...where freedom knows no bounds. All fears, all worries are said to be buried beneath them. These lines – taken from a well loved song by Reinhard May that was released in 1974 – are still every bit as relevant today.
Mindbreeze Hot Air Balloon
Digital twins and insight engines in the context of aircraft maintenance You’re probably familiar with the feeling of sitting in an airplane, waiting for take-off, and just letting your mind wander. A glance through the cabin reveals countless welding seams, screws, or – if you look out of the window – the turbine, the wings and their flaps, and so much more.
Digitalization encompasses many different facets ranging from business process transformation to digital twins. Digital twins themselves are really nothing special, considering that they have been around for a long time – just think of all the social media platforms and the profiles they maintain. However, the notion of a digital twin is also an interesting concept for businesses and is attracting increasing attention in digitalization projects. That’s because the technologies used in this process provide new perspectives on real objects or existing processes. How companies can benefit from this and what role insight engines are playing in this process is brought to light in our blog series.
The digital transformation imposes tough demands on every company, no matter what their size or which industry they serve. More than anything else, the speed at which decisions have to be made has increased dramatically in recent years. This means that the companies that understand how to process their data so that they can actually leverage it any time and anywhere as a real basis for decision-making are the companies that will reap competitive advantages. In this article, Daniel Fallmann, founder and CEO of Mindbreeze, illustrates how much significance insight engines have already gained in this field today and which trends are emerging for the year 2020.
In recent years, the increasing significance of digitalization has also made itself felt in the healthcare sector. Digitalization offers new ways to optimize business processes at the organizational level and to use artificial intelligence to make the work of doctors and healthcare professionals simpler and more efficient – to enhance, but by no means “replace,” the human factor.
Obviously, business processes have come a long way. Just think of the way an accountant’s job has evolved over the past 100 years: from handwritten spreadsheets and mechanical calculators to fully electronic systems on computers. And the next revolution is just about to take place − blockchain systems that verify transactions quickly, securely, and completely autonomously.