Internet of Things
The Internet of Things (IoT) is a network of Internet-connected devices that transmit embedded sensor data to the cloud for centralized processing. Once the data is collected, it can be analyzed to gain meaningful, actionable insights. IoT devices use a variety of methods to connect and exchange data: for example, private households and offices use Wi-Fi or Bluetooth, while other devices use LTE or even satellite connections for communication.
Industrial Internet of Things
The Industrial Internet of Things (IIoT) is the Internet of Things in an industrial context. Unlike IoT, IIoT is not for consumer-oriented applications, but rather for IoT applications in production environments and industry. IIoT applications can make processes more efficient and reduce production costs.
Edge Computing
Edge computing is a design approach for IoT environments where IT resources such as storage capacity and computing power are provided as close as possible to the data-generating devices and sensors. This concept provides an alternative to traditional cloud solutions with centralized servers.
Digitalization
Companies and organizations progress at different speeds in digital transformation. While some focus on digitizing existing business processes, others proactively develop digital marketing concepts, sales strategies, and business models. The key to success in digitalization is the so-called 'digital maturity' of teams, departments, and companies. Digital maturity is a scientifically based 360-degree instrument that assesses all the factors crucial for change within a company.