SWIFT Exclusion: What It Means for German Companies and E-Commerce [5 Reading Tips]

SWIFT Exclusion Reading Tips
Source: Unsplash/Dustin Tramel

IBAN rings a bell with most people. So does BIC. But what exactly is SWIFT? While IBAN means International Bank Account Number, BIC stands for Bank Identifier Code. SWIFT is the system that banks use to communicate internationally. Russian banks were also part of this banking communication network – until two weeks ago.

On Monday, the 28th of February 2022, the 27 EU member states – together with the USA, Canada, Great Britain and Japan – decided to exclude many Russian financial institutions from SWIFT, thus isolating them from the global financial market. This is an important element of Western sanctions against the country, whose army had invaded Ukraine a few days earlier and has since been waging war against its neighbour. The exclusion puts Russia under pressure, but what does it mean for Germany and the Western world? And what does it mean for international e-commerce?

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(7 vote(s), average: 4.43 out of 5)
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Making Hybrid Events Visible: How Messe Erfurt GmbH Increased Its Visibility with the Digital Marketing Audit »dotCheck« – Even Without Face-to-Face Events [Success Story]

Messe Erfurt Success Story dotCheck
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Concerts, sports events, conferences, trade fairs – sounds like dreams of the past? One thing is clear: there is hardly any industry that has been hit as hard by the COVID-19 pandemic as the events industry. However, real business players are always looking for innovative solutions that are also future-proof – for example through hybrid events. Thanks to the dotSource digital marketing team, Messe Erfurt GmbH was able to successfully implement this strategy.

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(7 vote(s), average: 4.43 out of 5)
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Incubators: How Companies Benefit from Innovations of Young Start-Ups [5 Reading Tips]

Incubators Reading Tips
Source: Unsplash/Tim Mossholder

Developing innovative ideas requires time, flexibility and space for creativity. However, there is usually too little of all this in everyday working life. Nevertheless, progressive ideas are necessary for companies to move forward in times of digital transformation.

According to the Fraunhofer Society, around 70 per cent of all companies listed on the DAX operate separate innovation units to further develop their business model outside their core business. As incubators, large companies support young start-ups in implementing cutting-edge concepts and in turn benefit from the development of innovative products and services for their target audience as well as the creation of completely new business models.

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(8 vote(s), average: 4.50 out of 5)
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Cloud Services: Agile Digital Solutions for Agile Companies [Best Practice]

Cloud Services Best Practice
Download the new »Cloud Services Best Practices« publication for free now!

Whether it is our client myAGRAR relying on Microsoft Azure as a cloud service provider for its B2B and B2C multi-client platform, the long-established company TROX from the Lower Rhine region moving towards an agile future with Amazon Web Services or BayWa AG placing its trust in Germany’s leading multi-cloud data service provider plusserver – in our new »Best Practices« publication, we show you that the right cloud services strategy is the basis for a company’s digital success.

Companies such as Mövenpick Wein Schweiz AG and PRECITOOL, a joint venture of various European companies in the field of tool logistics, also benefit from a service portfolio that ranges from initial consulting to 24/7 support.

Find out in this concise article how

    • modern cloud services consulting helps to evaluate existing IT architectures and supports companies in developing an innovative data strategy
    • exactly data is migrated to the cloud
    • modern DevOps strategies have a positive impact on corporate culture
    • monitoring, deployment, test cycles as well as backup automation and continuous improvement should be put into practice nowadays
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(7 vote(s), average: 5.00 out of 5)
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Cloud Services: Reducing Costs and Increasing Flexibility with the Right Strategy [5 Reading Tips]

Cloud Services Reading Tips
Source: Pexels/Aleksandar Pasaric

Switching to the cloud makes sense for many reasons: Data loss is minimised, the security of your data is increased and resources are saved. This in turn benefits not only your company, but also the environment.

The benefits speak for themselves. No matter what industry you are in and no matter how big your company is – with the right cloud services strategy, you can become an agility champion. Our clients BayWa, TROX, myAGRAR, Mövenpick Wein and PRECITOOL show how it is done.

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(7 vote(s), average: 4.43 out of 5)
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»Artificial Intelligence« – 25 Use Cases to Succeed with AI [New White Paper]

Artificial Intelligence White Paper
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Research on this topic was conducted decades ago, but it is only today that everyone is talking about it: artificial intelligence (AI). But what is AI – and what is it not?

» Artificial intelligence seeks to make computers do the sorts of things minds can do. «

Margaret Ann Boden

This definition of AI by the famous neuroscientist, who has been conducting research in Oxford since the 1970s, is taken from her book »Artificial Intelligence: A Very Short Introduction« and sounds rather simple. However, it basically hits the nail on the head: AI is a collective term for the wide field that seeks to enable machines to achieve human intelligence levels. This requires targeted training. In our new white paper, we show you how diverse AI projects are. After all, information processing and decision-making processes of living beings are extremely complex.

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(7 vote(s), average: 5.00 out of 5)
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Total Experience as a Driver of Efficiency and Customer Loyalty [5 Reading Tips]

Total Experience Reading Tips
Source: Unsplash/Blake Wisz

With the increase in digital communication, whether within companies or externally with partners and customers, the number of interfaces of technical systems that are supposed to support the communication process is also increasing.

Whether it is shared access to documents and data or direct communication via various collaboration tools – in order to work together successfully as a team and to provide good customer service, the needs of all those involved in the process must be taken into account. This means that customer experience, multiexperience and employee experience merge into total experience (TX).

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(8 vote(s), average: 4.50 out of 5)
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Corporate Podcasts: How Strong Brands Make Themselves Heard [5 Reading Tips]

Corporate Podcasts Reading Tips
Source: Pexels/George Milton

There are many ways to reach your target audience. Successful brands use cross-channel marketing to combine online, offline and multimedia customer experiences. Corporate podcasts are becoming increasingly popular as a way to engage potential customers on their journey and give them more context about products and services. However, this popular medium can only be successful if the concept is well thought out, including technical know-how and talented hosts.

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(7 vote(s), average: 4.43 out of 5)
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UX Design in B2B with a Future: Leipziger Messe Relies on Living Style Guide to Optimise More Than Just Its Website [Success Story]

Leipziger Messe Success Story
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Whether it is the »Touristik & Caravaning« fair for travel enthusiasts, the »modell-hobby-spiel« fair for children of all ages or the traditional book fair in spring: Leipziger Messe offers a wide variety of popular events. In order to make the website of Leipziger Messe even more visually appealing and modern, the dotSource user experience design team was brought on board.

The highlight is that the elements of the new design can be used not only for the website of Leipziger Messe, but also for different events – in line with the respective corporate identity (CI). The result is an all-round consistent and user-friendly online presence.

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(9 vote(s), average: 5.00 out of 5)
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Making Decisions That Increase Your Success [5 Reading Tips]

Business Intelligence Reading Tips
Source: Unsplash/Adeolu Eletu

Purchase histories, website visits, sales figures: companies rarely lack data. But which data is really relevant when it comes to specific issues such as campaign optimisation, location planning or resource savings – and how can it be processed in a structured manner?

Business intelligence solutions support your company in bringing together existing data, analysing it depending on the task at hand and presenting it clearly. This enables you to make decisions more quickly, easily and effectively and to optimise customer experiences as well as internal business processes.

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(8 vote(s), average: 4.50 out of 5)
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