Supply Chain Services SCS

Data analytics – what is it and how does it benefit industry?

Cognitive Sensor Technologies / Supply Chain Services SCS / 7.6.2018

Prof. Alexander Martin, interviewed by Daniela Rembor, Fraunhofer IIS.
© Fraunhofer IIS/Isabel Pogner

“Using data analytics, we can uncover treasures companies never knew they had.” Prof. Alexander Martin, interviewed by Daniela Rembor, Fraunhofer IIS.

“Data analytics itself is nothing new,” says Prof. Alexander Martin. “What is new is that we’re working with enormous quantities of data and that the methods available are getting better all the time. This means we can gather and analyze the data in a meaningful way.” The industrial mathematician uses video and text to explain exactly what this looks like and how it can lead to successful business decisions.

Digitally connected villages make rural life even more attractive

Cognitive Sensor Technologies / Supply Chain Services SCS / 30.10.2017

© Fraunhofer IIS

The IIS team at the village fair in Reuth, from left: Peter Heusinger, Alexander Gabber, Annemarie Wojtech and Martin Schmid.

Fraunhofer IIS employees asked residents of rural communities in the Upper Palatinate to contribute their ideas for a mobile village store.

Smart data: the future of logistics

Cognitive Sensor Technologies / Supply Chain Services / 8.3.2017

© Fraunhofer IIS/David Hartfiel

Smart transportation processes in the L.I.N.K. Test and Apllication Center in Nürnberg.

The Internet and containers are two obvious innovations that have revolutionized logistics over the past decades. They linked up the world, created new and bigger markets, and ultimately drove enormous growth in global trade. Thanks to them, the world has become smaller. They also expanded economic opportunities – although only for businesses that recognized the potential of these innovations early on and mastered the full repertoire of possibilities presented by this new age. This is why it is so important to know today what the state of the art will be tomorrow. To do that, however, we have to know what innovations are on the horizon.

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