Concrete example: "intelligent" warehouse management. By networking devices (sensor-equipped shelves) with transmission technologies (radio frequency identification [RFID]) and AI, an intelligent warehouse management system can independently control logistical processes and act with foresight in the process. In this way, the ordering and delivery process can be significantly accelerated. What's more, based on the system data, inquiries about stock levels, delivery times, etc. can be answered without errors at any time, which greatly increases customer and supplier satisfaction.

What can companies expect?

Connected Business enables companies to interact highly efficiently with other companies and with platforms or ecosystems - they can therefore expect to streamline their processes on the one hand and improve relationships with their customers and partners on the other. However, the automated exchange of data also entails risks, as it increases vulnerability to cybercrime. The topics of connected business and security therefore go hand in hand: the more networked a company is, the more it must protect itself against threats such as data loss, hacking, malware infection and unauthorized access to internal systems.

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