{"id":1791,"date":"2019-04-17T11:45:46","date_gmt":"2019-04-17T09:45:46","guid":{"rendered":"https:\/\/striped-giraffe.com\/blog\/?p=518"},"modified":"2021-04-22T11:22:22","modified_gmt":"2021-04-22T09:22:22","slug":"the-future-challenges-of-a-data-driven-economy","status":"publish","type":"post","link":"https:\/\/www.striped-giraffe.com\/en\/blog\/the-future-challenges-of-a-data-driven-economy\/","title":{"rendered":"The Future Challenges of a Data-Driven Economy"},"content":{"rendered":"<section class=\"wpb-content-wrapper\"><p>[vc_row][vc_column width=&#8221;1\/3&#8243;][\/vc_column][vc_column width=&#8221;2\/3&#8243;][vc_column_text]<\/p>\n<h3 style=\"color: #ef6c00; font-weight: bold;\">What does the company need to do to meet the future challenges of a data-driven economy? To get competent answers, Striped Giraffe invited experts to the first \u201cDigital Future Day\u201d which took place on December 6, 2018 at the company\u2019s headquarters in Munich.<\/h3>\n<p>&nbsp;<\/p>\n<p>One of the experts was Igor Kleiman \u2013 the CEO of Striped Giraffe Switzerland \u2013\u00a0who sees <strong>tomorrow\u2019s challenge as being that of how to interconnect companies in a truly effective fashion<\/strong>. Up to now, the concept has been limited to the field of industrial manufacturing. The term Industry 4.0 stands for the fourth industrial revolution, the digital technologies of which unleash vast potential by networking people, products, machines, systems and companies.[\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column width=&#8221;1\/3&#8243;][vc_column_text]<\/p>\n<h2 class=\"headline_superbig\">Industry 4.0<\/h2>\n<p>[\/vc_column_text][\/vc_column][vc_column width=&#8221;2\/3&#8243;][vc_column_text]Kleiman defines Industry 4.0 as follows:[\/vc_column_text][vc_row_inner][vc_column_inner width=&#8221;1\/2&#8243;][vc_column_text]<\/p>\n<h2>1.<\/h2>\n<p>Unlike in the previous industrial revolutions, the fourth will not only be limited to industrial production; it will affect all aspects of our lives.[\/vc_column_text][\/vc_column_inner][vc_column_inner width=&#8221;1\/2&#8243;][vc_column_text]<\/p>\n<h2>2.<\/h2>\n<p>All parts of a company are connected. There are standard protocols.[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner][vc_column_inner width=&#8221;1\/2&#8243;][vc_column_text]<\/p>\n<h2>3.<\/h2>\n<p>The company acts decentrally; machines and robots operate autonomously, and not under the control of a single mainframe computer.[\/vc_column_text][\/vc_column_inner][vc_column_inner width=&#8221;1\/2&#8243;][vc_column_text]<\/p>\n<h2>4.<\/h2>\n<p>The enterprise reacts in real time to, for instance, changing customer needs.[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner][vc_column_inner width=&#8221;1\/2&#8243;][vc_column_text]<\/p>\n<h2>5.<\/h2>\n<p>Virtual and augmented reality (VR and AR) are used everywhere in the enterprise, which means that the reality layers can no longer be distinguished from one another.[\/vc_column_text][\/vc_column_inner][vc_column_inner width=&#8221;1\/2&#8243;][vc_column_text]<\/p>\n<h2>6.<\/h2>\n<p>They are initially implemented within the scope of application cases comprising a combination of technologies, methods, data, models, services and processes. This means that can they be optimized in different parts of the company or at the interfaces to customers or partners.[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text]<\/p>\n<p>[\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column][vc_single_image image=&#8221;1559&#8243; img_size=&#8221;full&#8221;][\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text]<\/p>\n<p>[\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column width=&#8221;1\/3&#8243;][vc_column_text]<\/p>\n<h2 class=\"headline_superbig\">Toolbox for perfect networking<\/h2>\n<p>[\/vc_column_text][\/vc_column][vc_column width=&#8221;2\/3&#8243;][vc_row_inner][vc_column_inner][vc_column_text]With our IoT technology platforms, Striped Giraffe already today offers an impressive picture of Industry 4.0. We have five modules for ensuring the perfectly customised networking of companies.[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner][vc_column_inner width=&#8221;1\/2&#8243;][vc_column_text]<\/p>\n<h2><span style=\"color: #ef6c00;\">1.<\/span><\/h2>\n<p>The Connectivity Module ensures that the system can connect up to all kinds of interfaces. All conventional databases and most industrial sensors can be integrated.[\/vc_column_text][\/vc_column_inner][vc_column_inner width=&#8221;1\/2&#8243;][vc_column_text]<\/p>\n<h2><span style=\"color: #ef6c00;\">2.<\/span><\/h2>\n<p>The Base Module gives each device, software and hardware component in the company its own identity [=pragma =thing (Greek)].[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner][vc_column_inner width=&#8221;1\/2&#8243;][vc_column_text]<\/p>\n<h2><span style=\"color: #ef6c00;\">3.<\/span><\/h2>\n<p>The Analytics Module implements machine learning models and integrate things like predictive maintenance, anomaly detection and other algorithms from the field of artificial intelligence into the ongoing business processes.[\/vc_column_text][\/vc_column_inner][vc_column_inner width=&#8221;1\/2&#8243;][vc_column_text]<\/p>\n<h2><span style=\"color: #ef6c00;\">4.<\/span><\/h2>\n<p>The Virtual Reality Studio closes the gap between the digital and physical worlds, using AR.[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner][vc_column_inner width=&#8221;1\/2&#8243;][vc_column_text]<\/p>\n<h2><span style=\"color: #ef6c00;\">5.<\/span><\/h2>\n<p>The real-time corporate data are then embedded into the customer-specific VR models. The Utilities Module provides the opportunity to build special apps for the company, without needing extensive programming skills.[\/vc_column_text][\/vc_column_inner][vc_column_inner width=&#8221;1\/2&#8243;][\/vc_column_inner][\/vc_row_inner][\/vc_column][\/vc_row][vc_row][vc_column][vc_single_image image=&#8221;1562&#8243; img_size=&#8221;full&#8221;][\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text]<\/p>\n<p>[\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column width=&#8221;1\/3&#8243;][vc_column_text]<\/p>\n<h2 class=\"headline_superbig\">Finding the mistake using data glasses<\/h2>\n<p>[\/vc_column_text][\/vc_column][vc_column width=&#8221;2\/3&#8243;][vc_column_text]Mr. Kleiman also presented one of his IoT-based application scenarios:\u00a0<strong>an augmented reality analysis of the functionality of a motor or machine in the company<\/strong>. With this concept, all machines and their statuses, for instance in a brewery or coffee roastery, are visible at a glance on a dashboard, making anomalies immediately recognisable. An app then gives the mechanic in the facility an exact idea of where the error can be found and what has to be done. Up to now, this tool works with a smartphone, tablet or VR glasses. Using the real video of a production plant, a virtual 3D model is created that can for example point with arrows to the relevant screw, nut or bolt, or that displays the technical monitoring information for the individual modules of the plant.<\/p>\n<p>One absolute highlight is the flexibility of the presented IoT platform, which makes it possible to realise application scenarios that can be applied in multiple industries. For example, in addition to industrial solutions, exciting e-commerce or end-customer solutions for the finance industry can be implemented using one and the same framework. Mr. Kleiman\u2019s live demonstration thus confirms his theory on the special, multifaceted character of the 4th industrial revolution.[\/vc_column_text][\/vc_column][\/vc_row]<\/p>\n<p>[vc_row][vc_column width=&#8221;1\/4&#8243;][\/vc_column][vc_column width=&#8221;3\/4&#8243;][vc_btn title=&#8221;ALL BLOG ARTICLES&#8221; align=&#8221;center&#8221; link=&#8221;url:https%3A%2F%2Fwww.striped-giraffe.com%2Fen%2Fblog%2F|title:All blog articles&#8221;][\/vc_column][\/vc_row]<\/p>\n<\/section>","protected":false},"excerpt":{"rendered":"<p>[vc_row][vc_column width=&#8221;1\/3&#8243;][\/vc_column][vc_column width=&#8221;2\/3&#8243;][vc_column_text] What does the company need to do to meet the future challenges of a data-driven economy? To [&hellip;]<\/p>\n","protected":false},"author":12,"featured_media":20925,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[258],"tags":[65,66,57,58,68],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v20.5) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>The Future Challenges of a Data-Driven Economy - Striped Giraffe<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.striped-giraffe.com\/en\/blog\/the-future-challenges-of-a-data-driven-economy\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Future Challenges of a Data-Driven Economy\" \/>\n<meta property=\"og:description\" content=\"[vc_row][vc_column width=&#8221;1\/3&#8243;][\/vc_column][vc_column width=&#8221;2\/3&#8243;][vc_column_text] What does the company need to do to meet the future challenges of a data-driven economy? 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