On November 24./25. 2023, East European University (EEU, Georgia) together with Adelphi University (New York), Friedrich Ebert Stiftung, FGF (Förderkreis Gründungs-Forschung), and its partner the E-Commerce Institute (Cologne, Germany), will host the joint “International Scientific-Practical Conference (ISPC 2023)” on “Digital Management to Shape the Future” as a hybrid event. The conference will be held …
Image source: Pixabay E-commerce has changed the way we shop, bringing convenience and accessibility to customers all over the world. Social commerce, which combines social networking and online shopping, has grown as a major force in recent years. With the expanding importance of social media platforms and the growing preference for personalized buying experiences, the …
Image source: Pixabay The pandemic propelled many businesses to adopt digital technologies faster than ever before. While the immediate rush to adopt new technologies and services that address pandemic-related challenges has subsided, investing in digital transformation has not. Worldwide spending on new technologies and services is steadily increasing year over year and will reach …
Image source: Pixabay There isn’t an industry in the world that is immune to the influence of artificial intelligence (AI). From virtual reality (VR) gaming systems to AI robots in industrial manufacturing, the development of AI technology is revolutionizing the way we interact with the world. But e-commerce is especially susceptible to AI disruption, …
Image source: Pixabay Digital transformation is the integration of digital technology into all areas of a business resulting in fundamental changes to how businesses operate and deliver value. It helps streamline operations, increase efficiency, gain deeper insights into customers’ needs and behavior, foster innovation, and drive business growth. Digital transformation is no longer a …
Image source: Pixabay Once upon a time, you could be an expert generalist in managing IT infrastructure. Today? Not so much. Modern digital environments encompass so many constituent services and specializations that it’s impossible for any individual to truly master them all. At the same time, the importance of IT infrastructure, and the …
Image source: Pixabay It’s been two years since The Harris Poll tried to understand how leaders view the state of social media and its impact on an organization. At that time, social as a channel and profession was undergoing a major evolution. Today, it’s clear that constant change is simply a part of the …
Image source: Pixabay The future of digital out-of-home is brighter than a Times Square billboard. As uncertain economic conditions continue and technological innovations bloom, digital out-of-home is growing into a popular form of digital marketing. According to the Digital Out of Home Advertising Market report, the digital out-of-home market is expected to grow at …
Image source: Pixabay The only constant in life is change. And the world of marketing is going through a tremendous change right now. Artificial intelligence (AI) marketing is taking on a bigger role with the advent of intelligent marketing tools and generative AI like ChatGPT, creating an abundance of opportunities for marketing teams to …
Image source: Pixabay Reports of mass layoffs are all over the headlines these days. As of April 2023, job cuts rose to 270,416—an increase of 396% from the same period a year ago. The tech sector, in particular, has taken a bruising, with 102,391 jobs slashed this year so far, an increase of 38,487%. The …
Review of the interpack trade fair: The E-Commerce Institute, represented by the head of the institute Prof. Geibel and a project manager of the institute, Victoria Frings, had the opportunity to give an exciting live lecture on social commerce at the Interpack trade fair 2023 on Friday, 05.05.2023. The talk was also recorded on live …
The interpack trade fair: Conserving resources through digital technologies – Social Commerce. How digital transformations and innovations contribute to a sustainable supply chain. The Interpack trade show in Düsseldorf is the world’s most important packaging and related industries event. From May 04 to 10, 2023, experts and companies will meet here to learn about and …
Due to the intense change in online commerce, companies seek innovative solutions to better market their products and services. One method that is becoming increasingly important is using headless CMS systems in the e-commerce sector. The following article offers a deep insight into headless CMS systems and their importance. Headless CMS systems: developments and significance …
Image source: Pixabay Recent advancements in artificial intelligence (AI) have made the technology more accessible in everyday use, thrusting AI to the forefront in nearly every industry. Executives want to know how they can use AI to optimize and streamline operations, grow their businesses, and increase revenue. Employees want to know how AI …
Image source: Pixabay While artificial intelligence (AI) has been gaining momentum for the past few decades, large language models (LLMs) like GPT-4 have created an explosion of interest from users wondering how they can support digital transformation. As a result of this popularity, Reuters predicts that the ChatGPT deep learning stack, upon which GPT-4 was based, will generate …
As part of her master’s degree at the Fresenius University of Applied Sciences in Cologne, alumna Victoria Frings wrote an outstanding master’s thesis in the field of digital innovation and development entitled: “Social commerce and its future development in the beauty industry with a focus on TikTok and Instagram as key platforms.” The thesis deals …
Image source: Pixabay Digital transformation involves rethinking how technology, processes, and people work together to pursue new business models and revenue streams. But too often, leaders focus primarily on the technology leg of this three-legged stool. Granted, technology is core to the transformation and needs its share of airtime, but processes and people must …
Image source: Pixabay Technology has been growing exponentially for years, doubling by various measures every two years. Industry experts predict digital transformation activities to exceed 3,700B by 2030, with a compound annual growth rate (CAGR) of 23.6 percent. Given this growth rate, business leaders must continuously improve leadership talent, strategic partnerships, and organizational capabilities. Broad interest in …
Image source: Pixabay We can all agree that digital transformation (DX) is not easy. Most enterprises were not conceptualized as part of the digital world and are struggling with fragmented systems and complex operations. But to operate in today’s digital-first environment, enterprises are, more than ever, engaged in some form of digital transformation. If your organization …
Image source: Pixabay Digital advances offer countless competitive advantages and can be a great equalizer for those they serve. However, organizations must consider the risks involved when generating a tidal wave of data and connections. As businesses spend millions of dollars on developing strategic, long-term plans to digitize their processes, enhancing IT and cyber …