12/06/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
The cloud is a network (or group) of servers connected together to provide a shared platform for services and storage. Cloud services are hosted on the Internet and can be accessed over a network called the cloud. They can be used in many different ways, including storing files, deploying software, and processing data.
12/06/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
Scaling is a term from computer science and refers to the adaptation of an application, system or infrastructure to a changing environment or an increasing number of users. It involves changing the number of resources needed, such as computing power or storage space, to meet a requirement. It can also involve changing characteristics such as security, availability, or reliability.
12/06/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
DeepTech is a term used to describe technical innovations that are developed based on sophisticated technologies and algorithms. These technologies are often based on complex analytics and machine learning. They are commonly used in industries such as artificial intelligence, robotics, autonomous systems, biotechnology, and quantum computing.
12/06/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
A business model describes the fundamental elements of a company, such as its customers, its products or services, its revenue sources, and its cost structure. It is a strategic tool that helps companies identify, plan, and track their profitable business activities. A business model can also help a company differentiate itself from the competition and gain a competitive advantage.
12/06/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
A digital business model is a type of business model that involves exchanging goods or services through digital platforms such as the internet, mobile app or any other digital medium. This type of model is becoming increasingly popular as digital technology becomes more prevalent and businesses look for ways to reach a wider audience. Examples of digital business models include digital marketplaces, subscription services, e-commerce stores and software-as-a-service (SaaS).