adesso Blog

The banking industry is in a state of constant flux. Whether you are talking about digitalising value creation at banks, creating positive customer experiences, grappling with the concept of new work or increasing economic efficiency, the banking sector faces a number of challenges. In this blog post, I give my outlook on the technology trends for 2024 that will play a central role in banking.

Before the introduction of computers, companies used account books, inventory lists and intuition to record key figures. The data warehouse for static reports emerged at the end of the 1980s. Digitalisation brought new challenges. Big data overwhelmed traditional data warehouses, which is why companies introduced data lakes, which also had an impact on the architecture and concepts of analytics systems. The first part of this blog post is about their development, the reasons for their emergence and the problems they solved.

With all the hype currently surrounding generative AI (GenAI), people are divided into two main camps, namely those who support it and those who remain sceptical. This blog post provides a short overview on how GenAI can drive innovation in the insurance sector and why effective change management is important for both its sceptics and proponents.

In Part 1 of the blog post, we looked at the basics of data warehouses and data lakes to understand their benefits and limitations. This part is about the evolution to a hybrid solution - the data lakehouse. From the two-tier architecture to the emergence of the lakehouse concept, this part takes us through the evolution of data structures. Learn how the lakehouse combines the strengths of data lakes and warehouses to address today's data-driven challenges.

The use of SaaS models offers the insurance industry many great advantages. Integrated compliance and security measures can also reduce the amount of work for insurers if IT security aspects are taken into account from the start every time a SaaS platform is developed. This blog post shows why identity and access management is the key to successful SaaS implementations.

The Line of Business Utilities at adesso published nearly 40 blog posts in 2023 on an equal number of exciting topics. Despite the war in Ukraine and the associated bottlenecks in the supply of natural gas, one issue remains constantly on our minds in Germany: climate change. In this blog post, I will give you a final review of 2023 in the energy industry.

Having efficient, effective organisational structures is a key cornerstone for long-term corporate success. In this blog post, I explain the importance of organisation management and why it is a wise strategy to assign innovation management to specialised units. I will also highlight the need for efficiency and effectiveness within organisations, analyse successful case studies and demonstrate ways in which companies can find the right balance to succeed in an ever-changing business world.

In the world of artificial intelligence (AI), it has often been assumed that larger models are better. However, recent research shows that smaller language models, which were previously considered to only be an intermediate step on the path towards larger models, outperform or at least match the performance of large language models (LLMs) in various applications. In my blog post, I explore this point and present a variety of small language models. I will also take a look at the pros and cons of SLMs in a direct comparison with LLMs.

For some time now, agility has been a guiding principle, a mindset, something akin to a philosophy to succeed in today’s business world. But with so many agile approaches to choose from, it is easy to lose sight of the big picture. We will therefore be taking a look at various agile methods from different angles. The aim is to help you choose the right method for you.