Meaning

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Safety in facility management: important aspects and measures in 2024

Security in facility management is a key aspect of ensuring the safety and well-being of everyone in a building or facility. This includes both physical security and the protection of data and information. Efficient safety management reduces the risk of accidents, increases productivity and promotes user confidence. Compliance with legal regulations and safety standards is another essential component of facility management. This not only serves [...]

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Efficient contract management according to §2b UStG

The introduction of Section 2b of the German Value Added Tax Act (UStG) has a significant impact on contract management in legal entities under public law. This paragraph regulates the VAT treatment of services provided by legal entities under public law. In contract management, this means that public law entities must review their activities for their VAT relevance. This applies in particular to services that are provided within the scope of public authority, as well as co-operations between public institutions. The correct

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Transparency in facility management: efficiency and trust

Transparency in facility management is a key aspect for the efficiency and success of company processes. It ensures that all relevant information and data is accessible and understandable for everyone involved. This enables well-founded decision-making and effective task fulfilment by employees. Transparent processes promote the trust of customers and stakeholders, as they gain an insight into the processes and services of facility management. In times of increasing importance of sustainability and

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Increasing efficiency in facility management

Efficiency in facility management is a key factor in optimising operating costs, increasing productivity and improving customer satisfaction. Efficient facility management ensures optimal utilisation of resources and smooth workflows. In addition, an efficient facility management strategy can help to minimise environmental impact and promote sustainability. Efficiency in facility management is therefore an essential component for the long-term success of a company. In order to increase efficiency in facility management, a thorough analysis of the

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BIM2FM: Information exchange along the building life cycle

Building Information Modelling to Facility Management (BIM2FM) is an advanced process for integrating building data over the entire life cycle of a building. This method optimises the planning, construction, operation and maintenance of buildings. BIM2FM enables all relevant building information to be captured and managed in a digital model, resulting in more efficient and cost-effective building management. The BIM2FM approach includes the capture and management of all building-relevant data and information. This includes geometric

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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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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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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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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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What is a good corporate culture?

Corporate culture is a fundamental aspect of any organisation and encompasses the shared values, norms, beliefs and behaviours within a company. It significantly influences the working environment, decision-making and interactions between employees. A strong corporate culture can promote employee identification with the company and cohesion, while a weak or negative culture can lead to dissatisfaction and reduced motivation. The characteristics of a corporate culture can be seen in various areas, such as

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