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The most important advantages of a rolling forecast for small companies

Accurate financial planning is essential for SMEs. A rolling forecast, also known as a rolling forecast, has proven to be an effective method to help companies remain flexible and adaptable. In contrast to static budgeting approaches, a rolling plan enables continuous adjustment of financial forecasts and provides a dynamic overview of future developments. But what are the specific benefits of a rolling forecast for small businesses? Let us [...]

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IoT in maintenance: efficient technology for system maintenance

The Internet of Things (IoT) refers to a network of physical objects that are equipped with sensors, software and other technologies to collect and exchange data. These objects can include anything from household appliances to industrial machines. The idea behind IoT is to improve the interaction between devices and people by enabling them to communicate information in real time. This networking enables companies to

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Predictive maintenance: Effective maintenance for maximum performance

Predictive maintenance is a strategic approach to the maintenance of machinery and equipment that aims to predict and prevent potential failures before they actually occur. This method uses various technologies and data analyses to monitor the condition of equipment in real time. In contrast to reactive maintenance, in which measures are taken after a failure, or preventive maintenance, which is based on set time intervals, predictive maintenance focuses on

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Are cloud-based CAFM solutions really secure?

At a time when cloud-based solutions are becoming more and more important, the question of the security of these technologies in the field of computer-aided facility management (CAFM) software arises. While innovative CAFM software providers offer undeniable advantages in terms of flexibility and cost savings, concerns about data protection and security are not negligible. According to a survey by Gartner, 70 % of respondents stated that they have security concerns about cloud-based solutions, which makes the

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Project goals: Effective strategies for successful results

Project objectives are the basic building blocks of any project and serve as a guideline for all those involved. They define what is to be achieved and provide a clear direction for the planning and implementation of project activities. In today's dynamic business world, where requirements and conditions can change quickly, it is essential that project objectives are precisely formulated and well thought out. Not only do they help to keep the focus on the desired results, they also

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Top 5 CAFM software market leaders in 2024: a comparison

Choosing the best CAFM software requires a careful analysis of the current market leaders and their specific offerings. In 2024, there are five outstanding providers that stand out not only for their innovative solutions, but also for their ability to adapt to modern requirements. Planon, for example, offers comprehensive property management functionality and claims to have achieved an increase in efficiency of up to 30% for its users. Archibus stands out

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Predictive maintenance: Effective maintenance

Predictive maintenance is a strategic approach to maintaining machinery and equipment that aims to predict and prevent potential failures before they actually occur. This method uses data analyses and modern technologies to continuously monitor the condition of equipment. In contrast to reactive maintenance, in which measures are taken after a failure, or preventive maintenance, which is based on set time intervals, predictive maintenance makes it possible to

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Top 10 CAFM software solutions for small and medium-sized companies

In today's dynamic business world, small and medium-sized enterprises (SMEs) face a variety of challenges in facility management. Efficient property management, optimising maintenance processes and ensuring energy efficiency are just some of the aspects that are in focus. One solution that is becoming increasingly important in this context is CAFM (Computer-Aided Facility Management) software. According to a study by ResearchAndMarkets, the market for CAFM software is set to grow by 2027

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The role of IoT sensors in a connected world

In an increasingly connected world, IoT sensors play an important role by bridging the gap between the physical and digital worlds. These sensors are able to collect data from their environment and transmit this information to other devices or systems via the internet. As a result, they enable a variety of applications ranging from monitoring environmental conditions to automating processes. The importance of these

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The 10 most common accounting mistakes and how to avoid them

Accounting is the backbone of any business, regardless of its size or industry. Not only does it allow you to record all financial transactions, it also ensures that you fulfil your tax obligations and base strategic decisions on sound data. According to a survey conducted by the German Association of Tax Consultants, over 40 % of companies state that they have already suffered significant financial disadvantages due to accounting errors. But despite

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10 surprising benefits of CAFM software that you didn't know about

In today's world, where technology and efficiency are the name of the game, the importance of CAFM (Computer-Aided Facility Management) software is often underestimated. Many may think that this software only offers precise planning of maintenance work or the management of room utilisation. But far from it! There are numerous surprising benefits that can help you optimise your facility management processes and save time and money in the process. We have compiled 10

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What is a SWOT analysis?

SWOT analysis is an effective tool that helps both individuals and organisations assess their strategic position by identifying strengths, weaknesses, opportunities and threats. This article highlights the benefits of conducting a SWOT analysis and provides a systematic process to effectively implement this analysis. It includes real-world case studies that illustrate the application of SWOT analysis, as well as recommendations for maximising the results of your analysis. Regardless of whether you are in a

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Digital transformation in Germany: opportunities and challenges

The digital transformation has become a key issue in Germany in recent years, affecting not only companies but also society as a whole. At a time when technological innovations are advancing at a rapid pace, it is crucial for Germany to adapt to these changes. The digital transformation involves not only the implementation of new technologies, but also a fundamental change in the way companies

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Innovations in cloud technology: the future of IT

Cloud technology has become an indispensable part of the IT industry in recent years. It enables companies to store and manage their data and applications over the internet instead of having to rely on local servers or hardware. This flexibility has not only revolutionised the way companies design their IT infrastructure, but has also significantly increased the efficiency and agility of business processes. By utilising cloud services, companies can

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All about energy audits: increasing efficiency

An energy audit is a systematic examination of the energy consumption of a company or organisation. The aim is to assess energy efficiency and identify potential for reducing energy consumption. All relevant aspects of energy consumption are analysed, including the technologies used, the operating processes and the building structure. An energy audit can be carried out both at the level of individual buildings and at the level of entire production facilities. It usually includes a detailed

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Efficient cloud management and cost optimisation

Efficient cloud management is crucial in today's digital landscape. Organisations that rely on cloud services not only benefit from the flexibility and scalability that these technologies offer, but also need to ensure that they are making the best use of their resources. Well-structured cloud management enables organisations to control their IT costs and maximise the performance of their applications while minimising security risks. At a time when data is growing exponentially and the

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Cloud infrastructure and scalability: the advantages of cloud technology

Cloud infrastructure refers to the entirety of hardware and software resources that are provided via the internet to enable IT services. This infrastructure includes servers, storage, networks and virtualisation technologies that are housed in data centres. Instead of operating physical servers on site, companies can access these resources to host their applications and data. The cloud infrastructure is usually managed by third-party providers who provide the necessary technology and expertise to deliver a reliable

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How do I introduce CAFM software in my company?

The introduction of CAFM software in your company can mean a decisive improvement for your facility management. Appropriate planning, choosing the right software and involving the relevant stakeholders are essential for successful implementation. In this article, we will look at the key steps you should consider when implementing a CAFM solution. Step 1: Define requirements Before the go-ahead is given for the introduction of suitable CAFM software, it is essential to define the company-specific

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The challenges of digitalisation in Germany

Digitalisation has become a key driver of growth and competitiveness in the German economy. Companies of all sizes are increasingly integrating digital technologies to optimise processes, increase efficiency and develop innovative business models. In a globalised economy with rapidly changing markets and customer needs, digital transformation has become essential. German industry, particularly in areas such as mechanical engineering and automotive production, is increasingly implementing technologies such as the Internet of

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