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Efficient building management: implementation of IWMS or CAFM

Efficient building management is a central component of property management for companies and organisations. It comprises the systematic planning, management and control of all building-related processes and resources. The aim is to optimise the functionality, safety and cost-effectiveness of buildings. The main tasks of property management include Maintenance and servicing of the building fabric and technical systems Energy management to reduce consumption and costs Space management for efficient room utilisation Ensuring building safety and fire protection [...]

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VAT obligation for electronic services: What does §2b UStG mean

The VAT liability for electronic services in accordance with Section 2b UStG is a central regulation in German tax law. It defines the tax obligations for companies that provide electronic services. Electronic services are digital products and services that are provided via electronic networks. This provision has far-reaching effects on the tax treatment of companies in the digital sector. § Section 2b UStG specifically regulates the VAT liability for legal entities under public law that

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Digital message management in claims processing

Digital incident management is a central element of modern claims processing in various branches of industry. It involves the systematic recording, processing and forwarding of information on loss events and incidents using digital technologies and systems. In the past, the documentation and processing of such data was mainly carried out in paper form, which often led to delays and inaccuracies. The implementation of digital reporting management systems enables companies to significantly increase the efficiency and optimisation of their claims handling processes, for example in

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Effective DevOps practices for successful software development

DevOps is a software development methodology that promotes the integration of development and IT operations. The aim is to accelerate the software development process and improve the quality of software products. The core elements of DevOps are automation, continuous integration and deployment (CI/CD) as well as constant monitoring. DevOps strives for close collaboration between development and operations teams to break down silos and enable a more efficient way of working. By implementing DevOps practices, companies can

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Low-code vs. no-code: The most important differences

Low-code and no-code are innovative technologies in the field of software development. Low-code platforms enable developers to create applications with minimal manual programming effort through the use of visual development tools and ready-made components. No-code platforms go even further and allow people without programming skills to develop applications using drag-and-drop functions and ready-made templates. These technologies are becoming increasingly important as organisations drive their digital transformation and cope with the growing demand for applications. Low-code and

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The most important corporate management tools

Corporate management tools are essential aids for the effective management and control of companies. They cover various areas such as strategic planning, organisational structure, human resources, controlling, innovation management and risk management. These tools enable managers to optimise company performance, reduce risks and ensure sustainable success. The importance of corporate management tools for a company's success is undisputed. They provide managers with the necessary means to make informed decisions and improve performance. The targeted use of these tools can

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Technologies for hybrid working models

Hybrid working models have become increasingly important in the modern working world. These models combine the structures of the traditional office workplace with the flexibility of working from home. This allows employees to organise their working hours and location more flexibly, potentially leading to an improved work-life balance. Another advantage is the potential reduction in traffic and the associated environmental impact due to reduced commuter traffic. For companies, hybrid working models offer the advantage of increased access to talent

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The advantages of microservices architecture

Microservices architecture is a software development approach in which an application is designed as a collection of small, independent services. Each service fulfils a specific business function and communicates with other services via defined interfaces. In contrast to monolithic architectures, this approach enables greater flexibility, scalability and maintainability. Characteristic features of microservices architecture are Independent development and provision of services Loose coupling between the services Possibility of using different technologies per service Improved error isolation and

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Corporate management theories: Fundamentals and Applications

Management theories are systematic approaches to the effective management and administration of organisations. They encompass various concepts and models that have been developed over time to help managers optimise their management practices. These theories are closely linked to the disciplines of business administration and organisational psychology and have continuously evolved to meet the changing demands of the business world. The importance of business management theories lies in their ability to provide managers with a

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What are containers in software development?

Containerisation is a technology for isolating applications and their dependencies in standardised units called containers. This method enables consistent deployment and scaling of software regardless of the underlying infrastructure. Containers are lightweight, portable and autonomous units that ensure fast and consistent deployment of applications in different environments. The benefits of containerisation include: 1. consistent execution environment: applications run in a standardised environment, independent of the host infrastructure. 2.

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Corporate management styles: Successful strategies for managers

Management styles encompass various approaches and methods that managers use to lead their teams and organisations. There are various leadership styles that are based on the individual characteristics and preferences of managers. The most commonly used styles include authoritarian, democratic, transformational and situational leadership styles. Each of these styles has specific characteristics and influences both employees and the entire organisation in different ways. The selection of a suitable leadership style is determined by

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Risk assessment: Everything at risk?

Risk assessment is a systematic process for identifying, analysing and evaluating potential hazards and risks in various areas. It serves to anticipate possible negative effects and develop suitable measures to minimise risks. The application of risk assessment extends across numerous sectors, including industry, healthcare, environmental protection and finance. As part of risk assessment, quantitative and qualitative methods are used to determine the probability and extent of potential damage. This includes

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What does a tax audit mean?

A tax audit is a systematic examination of a company's tax situation by the tax authorities (and as long as you're not Al Capone, everything should be fine, just to clarify...). It serves to verify the accuracy and completeness of tax information and compliance with applicable tax laws. The audit can cover one or more tax periods and involves analysing accounting records, receipts and other relevant documents. Tax audits can be announced

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Business development and success

Corporate development is a strategic process for improving a company's performance and competitive position. It comprises the systematic analysis of internal and external factors, the formulation of objectives and strategies as well as their implementation and monitoring. Key elements are the optimisation of business processes, the development of employee skills and the adaptation of the organisational structure. A key aspect of corporate development is continuous market observation and trend analysis in order to recognise opportunities and risks at an early stage. Building on this

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The Chief Privacy Officer: protecting privacy in the company

The Chief Privacy Officer (CPO) is a central management position in organisations responsible for the protection and security of data. The main tasks of the CPO include: 1. developing and implementing data protection guidelines 2. ensuring compliance with applicable data protection laws 3. promoting data protection awareness within the company 4. training employees in data protection issues The CPO works across departments to integrate data protection aspects into all areas of the company. As the point of contact for external data protection authorities, the

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Reinforcement learning: the future of machine learning

Reinforcement learning is a method of machine learning in which an agent learns to fulfil a specific task by interacting with its environment. The agent receives rewards or punishments for its actions, enabling it to optimise its actions and achieve goals. This method is based on the principle of trial and error, in which the agent learns to make optimal decisions through experience. Reinforcement learning has become increasingly popular in recent years due to its wide range of possible applications and

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The future of work: hybrid working models

Hybrid working models have established themselves as a significant development in the modern working world. These models combine working in the office with the ability to work from home. The COVID-19 pandemic has demonstrated the ability of many organisations to enable effective remote working, which has led to a re-evaluation of traditional working structures. Studies show that hybrid working models can increase employee satisfaction and productivity. According to a 2021 survey by Gartner, 82%

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The future with cloud-native applications

Cloud-native applications are software solutions specially designed for the cloud that optimally utilise the possibilities of the cloud infrastructure. They are designed for operation in a dynamic and scalable environment and are characterised by high flexibility and agility. In contrast to traditional applications developed for on-premise data centres, cloud-native applications are designed to fully exploit the advantages of cloud services such as automatic scaling, high availability and elastic use of resources. The development of cloud-native applications is often based on

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Corporation tax: Tax burden for companies

Corporation tax is a direct tax levied on the profits of corporations and other legal entities. It represents a significant source of income for the state and contributes substantially to the financing of public tasks. The assessment basis for corporation tax is the taxable income of the company, which is calculated in accordance with specific tax regulations. In Germany, the corporation tax rate has been a uniform 15 per cent since 2008. In addition, a solidarity surcharge of 5.5

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