12/06/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
A customer project is a specific project developed for a specific customer. It can deliver a product, service or other outcome for the customer. The process starts with the definition of the customer requirements and ends with the delivery of the final product or service.
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
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).
12/06/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
A startup is the process of establishing a business in which an individual or group of individuals establishes a business to provide a product or service. It can also be considered as the process of setting up a business or enterprise in which an entrepreneur or group of entrepreneurs establish a business with the aim of making profits.