There are some buzzwords, that are used quiet often when it comes to analytics. In our new video about buzzwords in analytics, we explain what descriptive, diagnostic, prescriptive and predictive analytics actually are about.

The management of complex production networks is demanding. Often, the necessary transparency is lacking to coordinate demand and production capacities in such a way that goods availability and production costs are in an optimal relationship. How production networks work and how they can be optimized with the help of advanced analytics is what our colleague Marc Johann talks about in his premiere as the second host of “One more thing about…”. Enjoy!

Optimization projects are complex and for our customers every optimization project is a journey into unknown territory. That’s why we divide our projects into 3 phases: the prototype, the minimum viable product and the fully productive product. After we have built a prototype in phase 1 and the Minimum Viable Product in phase 2, now comes the freestyle: all additional wishes and requirements are built in.