Standardization and Automation as the Basis for Digitalization in Controlling at Siemens Building Technologies

Ivo Gerig ()

Chapter 13 in The Digitalization of Management Accounting, 2023, pp 193-215 from Springer

Abstract: Abstract For more than ten years, Siemens has had a uniform data platform that brings together details from all transaction systems. Work on standardization and data quality is ongoing. Using practical examples from Siemens Building Services, the author describes the development of various applications and their use in controlling and management self-service. Beyond the pure efficiency gain through standardization and automation, real added value for business management is created through the use of predictive analytics. This creates new opportunities for the timely identification of risks and opportunities. The use of innovative tools provides controlling with new analysis and visualization options. In addition to a high level of business understanding, this requires the controller to have in-depth skills in reading and interpreting data as well as in information technology.

Date: 2023
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-658-41524-2_13

Ordering information: This item can be ordered from
http://www.springer.com/9783658415242

DOI: 10.1007/978-3-658-41524-2_13

Access Statistics for this chapter

More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().