Experts from the human resources sector were invited to pursue the question of what digitalization does to work, how it questions values, orientations and solutions and turns them upside down. Until late in the evening the participants of the conference discussed New Pay, AI in the handling of personnel data, modern personnel requirements planning and agile methods. In three parallel series of topics CULTURE CHANGE, HR MANAGEMENT and HR CONTROLLING, experts presented their approaches and projects and faced interested professionals for discussion.

NOVUM ONLINE – THE
IT MANAGEMENT MAGAZINE OF NOVENTUM CONSULTING

News from the information technology, current trends in the IT industry, concrete projects of noventum consulting and its partners, dedicated comments and interesting events from the everyday IT Management.

The ECB's zero interest rate policy has had a dramatic and direct impact on the business model of almost all traditional banks. Above all, the clear signals from the new ECB President Christine Lagarde that the low interest rate policy will not change for many years to come underline the urgency of seriously addressing this issue.

NetCologne GmbH has repeatedly participated in the GREAT PLACE to WORK® competition and had its own staff rate their employer in comprehensive interviews in the context of a survey. Based on the numerous responses received, the human resources staff of the Cologne-based company have gained projects for the further development of both business culture and employer attractiveness.

Microsoft Power BI has been on everyone's lips for several years now under the keyword "Self-Service BI" and contributes significantly to the perception of the Microsoft Data Platform as a leading analytics and business intelligence platform. In order to maintain and expand its leading position, Microsoft is making significant investments in the further development of the platform and is constantly increasing the range of functions via short, sometimes monthly release cycles.

IT teams are currently under pressure from two sides: the business demands new and complex solutions that drive the digital transformation process, while at the same time the existing infrastructure must be kept up-to-date and operated smoothly. The lack of IT specialists is blocking staff growth, and outsourcing alone is not always the way out. In addition, the pressure in IT departments is increasing and employees are as dissatisfied as the longer queues of customers at the door.

A lot of companies have to rely on data of the most diverse origin and quality for their HR concerns when said data is needed for controlling and planning purposes. A lack of data quality and laborious processes are the result. The internationally successful eCommerce company shopware, a large manufacturer of online shopping systems in Germany, has implemented the noventum HR-Analytics software solution for its human resources activities.

According to the World Economic Forum up to 10 percent of the global gross domestic product will be generated via blockchains by 2027. Reason enough to take a good look at this technology already today. The upcoming opportunities of blockchain technology have, in fact, found their way into discussions on the executive level. Especially in terms of the alignment of the long-term IT strategy, the topic of blockchain should be taken into consideration in order to be able to identify early on opportunities for your own company. However, decision-makers should have a clear understanding of the potential impacts of the technologies on processes and industries.

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