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Economy

The role of artificial intelligence in the German economy

Artificial intelligence (AI) has become one of the most important topics in the world of technology and business in recent years. It encompasses a variety of technologies that enable machines to develop human-like capabilities, such as learning, problem-solving and decision-making. The origins of AI date back to the 1950s, when scientists began to develop algorithms that enabled computers to perform simple tasks. Since then, the [...]

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The future of cloud strategies

Cloud strategies are a central component of modern corporate IT. They enable companies to optimise their IT infrastructure, reduce costs and respond more flexibly to market requirements. By utilising cloud services, companies can improve their agility and scalability and increase their operational efficiency. Cloud technology provides access to innovative solutions such as artificial intelligence, machine learning and big data analyses. These technologies enable companies to remain competitive and tap into new business opportunities.

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ESG rating: More successful through sustainability?

ESG rating refers to the assessment of companies in terms of their environmental, social and governance performance. This tool enables the sustainability aspects of a company to be analysed systematically and is becoming increasingly important for investors pursuing sustainable investment strategies. The assessment is based on a large number of criteria covering the three main areas: Environment: CO2 emissions, resource consumption, waste management Social: working conditions, human rights, product responsibility Corporate governance: transparency, anti-corruption, remuneration structures Specialised rating agencies collect and analyse the following data

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IT Planning Council: Strategic planning for IT development

The IT Planning Council is a central coordination body for information technology in Germany's public administration. It was founded in 2010 and consists of representatives from the federal government and the 16 federal states. Its main tasks include the strategic planning and management of IT development and the promotion of digitalisation in the public sector. The IT Planning Council develops common standards and guidelines to improve the interoperability and efficiency of IT systems at federal, state and local level. It meets

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Sustainability report: transparency and responsibility

Sustainability reporting is a central element of modern corporate management. It enables companies to systematically record and communicate their performance and strategies in the areas of environmental, social and governance (ESG). This form of reporting has become considerably more important in recent years, as companies are increasingly recognising and accepting their responsibility in environmental and social matters. Sustainability reporting covers a wide range of topics, including climate protection, resource efficiency, working conditions and diversity,

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Green financing: sustainable investments

Green financing is a concept that focuses on providing capital for environmentally friendly projects and companies. This form of financing aims to promote environmental sustainability while generating financial returns. Common green finance instruments include green bonds, sustainable investment funds, green loans and environmentally related equities. In recent years, the importance of green financing has increased significantly. This is due to a growing awareness of environmental problems

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The power of big data: how data is shaping the future

Big data refers to the processing and analysis of data volumes that cannot be handled using conventional data processing methods due to their size, complexity and growth rate. This data comes from various sources such as social media, business transactions, the Internet of Things (IoT) and industrial systems. Big data is often characterised by the "3 V's": Volume (amount of data) Velocity (speed of data generation and processing) and Variety (variety of data formats). Analysing big data enables companies to

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The power of hyperscalers: how they dominate the digital landscape

Hyperscalers are companies that operate large data centres and offer cloud computing services. They have an extensive infrastructure and offer a variety of services such as storage, computing power and databases. These companies are crucial to the digital transformation of organisations, as they make it possible to optimise IT infrastructures, reduce costs and increase operational flexibility. Hyperscalers have a significant impact on the economy and society. They generate jobs, promote innovation

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VAT obligation for electronic services: What does §2b UStG mean

The VAT liability for electronic services in accordance with Section 2b UStG is a central regulation in German tax law. It defines the tax obligations for companies that provide electronic services. Electronic services are digital products and services that are provided via electronic networks. This provision has far-reaching effects on the tax treatment of companies in the digital sector. § Section 2b UStG specifically regulates the VAT liability for legal entities under public law that

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Effective DevOps practices for successful software development

DevOps is a software development methodology that promotes the integration of development and IT operations. The aim is to accelerate the software development process and improve the quality of software products. The core elements of DevOps are automation, continuous integration and deployment (CI/CD) as well as constant monitoring. DevOps strives for close collaboration between development and operations teams to break down silos and enable a more efficient way of working. By implementing DevOps practices, companies can

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Corporate tax: limited liability companies, sole proprietorships and liberal professions

Corporate taxes are a key source of revenue for the state to finance public spending. They are levied on company profits and income, whereby the amount can vary depending on the legal form and sector. The tax burden has a significant impact on the financial situation of companies, which is why a thorough examination of tax aspects and possible optimisation strategies is essential. In Germany, corporate taxation is based on the Income Tax Act (EStG) and the Corporation Tax Act (KStG). Corporations such as GmbHs are subject to

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Sustainable urban development: the future of cities

Sustainable urban development is a comprehensive concept for planning and designing cities that takes ecological, social and economic aspects into account. The aim is to fulfil the needs of the present generation without compromising the opportunities of future generations. The main objectives of sustainable urban development include: Creating environmentally friendly and energy-efficient cities Promoting social equity and inclusion Generating sustainable jobs and economic growth Conserving natural resources and biodiversity This approach aims to improve the quality of life in cities.

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Service-oriented architecture (SOA) - the future of corporate integration

Service-oriented architecture (SOA) is an architectural pattern in software development that is based on the provision of services. SOA aims to structure applications as modular, reusable and loosely coupled services. These services communicate with each other via standardised protocols and interfaces. Key features of SOA are Modularity: Functionalities are divided into independent services. Interoperability: Services can work together across platforms and technologies. Reusability: Services can be used in different applications and contexts. Scalability: Individual

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The software integration expert: tips and tricks

Successful software integration plays a decisive role in the further development of corporate IT. Companies of all sizes rely on various software applications to optimise their business processes and work more efficiently. The integration of these different applications is essential to ensure a smooth flow of information and seamless collaboration between the different departments of an organisation. Without effective software integration, data can remain siloed, which can lead to inconsistencies, delays and inefficient workflows. In addition

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Saving energy: tips and tricks for effective reduction

Saving energy is of great importance as it helps to protect the environment and combat climate change. By reducing energy consumption, we can reduce greenhouse gas emissions, which are responsible for global warming. In addition, saving energy helps to conserve natural resources and reduce dependence on fossil fuels. This is particularly important as supplies of oil, gas and coal are limited and their availability is limited.

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The importance of facility management in the economy

Facility management is an important area of business that deals with the management and operation of buildings, facilities and infrastructure. The aim of facility management is to maximise the efficiency and productivity of buildings and facilities by ensuring their smooth operation and maintenance. This area covers a wide range of tasks, including the planning and organisation of workplaces, the maintenance of buildings and facilities, the

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The importance of M&A transactions

Mergers and acquisitions (M&A) are corporate transactions in which companies merge or take over each other. In a merger, two companies combine to form a new entity. An acquisition occurs when one company acquires another and controls its business activities. M&A transactions can take various forms, including mergers, takeovers, participations and joint ventures. These can take place both nationally and internationally and have a significant impact on the economic structure. M&A activities are an integral part of

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Sustainable architecture: Building for the future

Sustainable architecture is an approach that aims to design, construct and operate buildings and structures that minimise the impact on the environment while meeting the needs of the present generation without compromising the ability of future generations. This approach takes into account the environmental, social and economic impact of building projects and strives to promote balanced and sustainable development. Sustainable architecture not only refers to the

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Effective decisions through data visualisation

In today's world, data is playing an increasingly important role. Companies, organisations and even individuals collect and analyse data to make informed decisions. However, the amount of data available is often overwhelming and difficult to understand. This is where data visualisation comes into play. By visualising data, complex information can be more easily understood and interpreted. In this article, we will look at the importance of data visualisation.

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