German companies are not well prepared for espionage, sabotage or data theft, according to a new poll. The country’s high-tech association interviewed 1,069 executives in charge of corporate security and found that only four out of 10 companies had a disaster-recovery plan in place. InÂ critical infrastructure areas such as energy or financial services, 53 percent Read More..
Three out of four automotive companies have serious concerns about the future as the industry faces massive disruption, according to a new study. The survey alsoÂ found that half of all companies interviewed felt that digital change could actually pose an existential threat. The poll, conducted by management consultants Staufen, asked 650 executives at German companies Read More..
Siemens is reorganizing its IT operations as part of a series of measures aimed at boosting the group’s efficiency. The Germany-based technology conglomerate said it isÂ reviewing the geographical setup of itsÂ IT activities and digitizing its own processes. It is also planning the centralization of German storage facilities at itsÂ Digital Factory Division. IT operationsÂ will play a Read More..
Unu Motors, a small Berlin-based maker of electric scooters, is almost proud of its role of agile infiltrator in a new-mobility world dominated by huge automotive companies and other big-name players. â€œIn an industry of giants we must maintain a lean and agile approach,â€ the startup says on its web site. It also pledges â€œan Read More..
This year’s Frankfurt Auto Show will kick off with two press days September 12 and 13 and will then continue through September 24. The show, officially known as the IAA, takes place every other year. The exhibition, the world’s biggest car show, is held at the Frankfurt Fairgrounds. In 2015, the last time it took Read More..
At ZF Friedrichshafen, digitization has a huge influence on the business. In an interview, Chief Digital Officer Mamatha Chamarthi describes the fast pace of cultural change and outlines the close interplay with corporate IT. The stated goal: ZF, one of the world’s biggest automotive suppliers, will increasingly take responsibility for software and system integration â€“ Read More..
US companies are digitizing their operations at a faster pace than their German competitors, according to a new study by the Boston Consulting Group (BCG). In a poll ofÂ 700 executives in the US and Germany, the consultants found that 28 pc of companies in the US could be considered digital leaders, compared with only 21 Read More..
ZF Friedrichshafen expects to double its workforce at a key engineering center in Songjiang, as the German automotive supplier prepares for continued strong demand from its Chinese customers. The Songjiang facility near Shanghai was officially opened at the Shanghai auto show. It will have about 1,000 employees by 2022, ZF said. “The investment in our Read More..
Mercedes-Benz is expanding its “Croove” private car sharing program, introducing the platform in Berlin four months after it started a pilot program in Munich. The German premium car brand, which belongs toÂ the Daimler Group, said Croove is part of a strategy to move away from merely building and selling cars and become a mobility provider Read More..
There is some irony here: The Volkswagen Group battled for years under an autocratic leadership to become the worldâ€™s biggest automaker and did not shy away from disreputable practices on the way. Its widespread cheating on diesel emissions, which came to light in 2015, is a case in point. Now it has met its growth Read More..