Glossary

Data Science describes the application of statistical models, algorithms and artificial intelligence to learn from data sets and, for example, to generate recommendations, forecasts or detect fraud.

Design thinking is a creative process to develop new ideas and innovations.

DevOps consists of the two compound terms Development and Operations. This is about taking over efficiency through close cooperation up to the assumption of tasks in the other area of competence, namely the development or operation of the software.

Tailor-made digital solutions are designed and developed to establish new business models, offer customers added value through digital services or promote the automation and optimization of processes internally through IT.

Digital transformation refers to a change in economic aspects caused by digitalisation, e.g. through new business models, new services.