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Learning

What is a SWOT analysis?

SWOT analysis is an effective tool that helps both individuals and organisations assess their strategic position by identifying strengths, weaknesses, opportunities and threats. This article highlights the benefits of conducting a SWOT analysis and provides a systematic process to effectively implement this analysis. It includes real-world case studies that illustrate the application of SWOT analysis, as well as recommendations for maximising the results of your analysis. Regardless of whether you are in a [...]

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Risk management in property development

Risk management plays a central role in property development, as it forms the basis for well-founded decisions and strategic planning. In a sector characterised by uncertainty and unpredictable market developments, a systematic approach to identifying, assessing and managing risks is essential. Property developers face a variety of challenges, including economic fluctuations, regulatory changes and technological innovations. Effective risk management enables developers to recognise potential threats at an early stage

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How do I introduce CAFM software in my company?

The introduction of CAFM software in your company can mean a decisive improvement for your facility management. Appropriate planning, choosing the right software and involving the relevant stakeholders are essential for successful implementation. In this article, we will look at the key steps you should consider when implementing a CAFM solution. Step 1: Define requirements Before the go-ahead is given for the introduction of suitable CAFM software, it is essential to define the company-specific

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Sustainability risks: Challenges for companies [with 3 examples]

Sustainability risks are factors that can jeopardise the long-term stability and success of a company. These risks include environmental, social and governance-related aspects. The most important areas include climate change, resource scarcity, human rights and corporate governance. It is essential for companies to identify these risks and incorporate them into their strategic planning in order to secure their future viability. Climate change represents a significant sustainability risk. Its effects on companies are manifold. Extreme weather events such as flooding or

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How does property valuation work?

Property valuation is a systematic process for determining the market value of a property. This value serves as the basis for transactions, financing and tax purposes. Numerous factors are taken into account in the valuation, including geographical location, plot size, building condition, fixtures and fittings and current market conditions. There are various recognised valuation methods, such as the comparative value method, the income capitalisation method and the asset value method. Each method is based on specific data and assumptions and is suitable for different property types and valuation purposes. The

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Microsoft Azure: Risk without qualified knowledge

In today's digital landscape, Microsoft Azure stands out as a powerful cloud platform that can help businesses, including those supported by the federal government, reach new heights. But, utilising its capabilities without the right expertise can lead to significant security risks. This article explores the benefits of Microsoft Azure, the potential pitfalls of using it without in-depth expertise, and how the right certification can protect your organisation's data. Additionally

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Hyper-automation for FM service providers

Hyper-automation is an important concept in facility management (FM) that has become increasingly relevant in recent years. This concept aims to optimise processes, reduce costs and increase efficiency. By using hyperautomation, FM service providers can automate recurring tasks and utilise their resources more effectively. The implementation of hyperautomation enables FM companies to react more quickly to changing requirements and improve service quality for customers.

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Amazon AWS, Azure and Oracle: cloud and data services

Amazon Web Services (AWS) is a leading cloud platform that offers a wide range of services. These include computing, databases, storage and content delivery. AWS enables companies to move their IT infrastructure to the cloud and benefit from scalability, flexibility and cost efficiency. The platform is used by companies of various sizes and industries. AWS offers numerous services that enable companies to operate applications and workloads in the cloud without having to worry about the

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Digital message management in claims processing

Digital incident management is a central element of modern claims processing in various branches of industry. It involves the systematic recording, processing and forwarding of information on loss events and incidents using digital technologies and systems. In the past, the documentation and processing of such data was mainly carried out in paper form, which often led to delays and inaccuracies. The implementation of digital reporting management systems enables companies to significantly increase the efficiency and optimisation of their claims handling processes, for example in

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The Chief Privacy Officer: protecting privacy in the company

The Chief Privacy Officer (CPO) is a central management position in organisations responsible for the protection and security of data. The main tasks of the CPO include: 1. developing and implementing data protection guidelines 2. ensuring compliance with applicable data protection laws 3. promoting data protection awareness within the company 4. training employees in data protection issues The CPO works across departments to integrate data protection aspects into all areas of the company. As the point of contact for external data protection authorities, the

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Reinforcement learning: the future of machine learning

Reinforcement learning is a method of machine learning in which an agent learns to fulfil a specific task by interacting with its environment. The agent receives rewards or punishments for its actions, enabling it to optimise its actions and achieve goals. This method is based on the principle of trial and error, in which the agent learns to make optimal decisions through experience. Reinforcement learning has become increasingly popular in recent years due to its wide range of possible applications and

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The role of the CIO: tasks and training

The Chief Information Officer (CIO) occupies a central position in companies. His or her main task is to develop and implement the IT strategy. The CIO is responsible for managing the IT infrastructure and ensuring that it meets business requirements. Another important area of responsibility is ensuring data security and protecting IT systems from cyber attacks. Working closely with other managers, the CIO ensures that the IT strategy is aligned with the company's objectives.

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Deep Q-Networks: machine learning on steroids

Deep Q-Networks (DQN) are an advanced method of machine learning based on the combination of deep neural networks and Q-learning. They are designed to solve complex sequential decision problems where an agent acts in an environment and learns to perform optimal actions. DQNs use a deep neural network to approximate the Q-function, which represents the expected future utility of an action in a given state. Through iterative training

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Meaning of computer forensics

Computer forensics is a specialised area of digital forensics that deals with the systematic investigation of computer systems, networks and digital storage media. The aim is to secure, analyse and present digital evidence for legal purposes. This discipline has become increasingly important in recent years due to increasing digitalisation and the associated cybercrime. Computer forensic investigations cover a wide range of digital devices, including computers, smartphones, tablets, servers

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Rolling forecast: What is it?

Rolling forecast methods are an advanced tool for forecasting sales and expenditure in companies. This method is based on the continuous updating of data, in contrast to static forecasting models. The use of rolling forecasts enables more accurate forecasting in dynamic business environments and promotes the adaptability of companies to changing market conditions. The implementation of rolling forecast methods offers companies increased flexibility in planning and faster responsiveness to changes. Through the regular

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Effective corporate governance: an overview

The importance of effective corporate management is a key factor in the success of organisations. A well-managed organisation can achieve its goals efficiently, increase employee motivation and ensure long-term success. Effective leadership involves the ability to define clear goals, develop strategic plans and optimise the use of company resources. In addition, creating a positive working environment is essential to encourage employees to perform at their best. Effective leadership plays a key role in the sustainability of a company.

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Efficiency through organisation: the Clean Desk Policy (CDP)

The Clean Desk Policy (CDP) is an organisational policy implemented in companies and institutions to ensure the security of confidential information and promote an efficient working environment. This policy stipulates that employees must leave their desks tidy and free of sensitive materials at the end of each working day. The main objectives of the CDP include: Protecting confidential data: By putting away sensitive documents and locking computers

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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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What is DeepTech: a head start through scientific expertise

Are you curious about what makes deep tech companies different from traditional technology companies? Wondering what challenges they face, the benefits of investing in them and how they can overcome obstacles to achieve growth and global influence? This article explores the world of deep tech companies that use cutting-edge technology to solve complex problems, require significant capital investment and have high potential for growth and scale. Discover some examples,

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