Michael N. Weiss

The recent debate on using more nuclear energy to power data centers reminds us of the high energy demand for AI. But is it all black and white, really?   In a new whitepaper that we’ve just published together with swisscleantech, our Accenture DACH sustainability experts Alexandra Molnár and Dr. Sandro Luh looked at AI from a different angle. They asked: Can AI also help to achieve climate targets? And if so, how exactly?   With the whitepaper, we are giving companies a practical guide on how they can leverage the technology to reduce emissions, achieve climate goals and become more climate resilient.   Among others, the whitepaper gives an overview of the most common use cases and highlights more than 40 existing AI tools for climate mitigation and adaptation. Moreover, we also give recommendations on how companies can best embed climate aspects into their AI strategies.   All this is complemented by first-hand insights from practitioners at Google, SAP, Siemens and Swisscom. They share how their companies use AI to save energy or reduce carbon emissions. For example, they use AI for more efficient operations or design products that last longer.   We come to the conclusion that AI’s potential climate benefits can outweigh the negative impacts of higher electricity consumption.   Download the whitepaper “AI and Climate Protection: Opportunities for the Swiss Economy” now:   German - https://lnkd.in/dGRUAMMf English - https://lnkd.in/dWxFQzep   And if you have more questions, don’t hesitate to get in touch with my colleagues Alexandra Molnár and Dr. Sandro Luh who are true experts on how to achieve climate goals with AI.   #sustainability #sustainableAI

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One of the ways to solve the age-old dilemma of running a business while changing it at the same time is to rewire the operating model. Join my colleagues, Michael Bucy, Stephan Görner, and Rachel McKlindon, as they discuss how to best align performance objectives between a transformation and regular operations. If you'd like to request an invite: https://lnkd.in/dWC5tVU9 #Transformation #OperationsTransformation #McKinsey #McKinseyWebcast

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🚀 Many CTOs are facing the ambidexterity challenge of securing today's operations while driving digital and sustainable transformations of their organizations. 💡 The #RolandBerger #CTO2030 Framework helps leaders balance both, ensuring future success amid change. ➡️ Are you ready to start your CTO 2030 journey? Let’s connect! https://lnkd.in/ewhwJz7X Norman Firchau Cristiano Sampaio Doria Michel JACOB Pol Busquets Axel Böhlke Hauke Bossen Dr. Julia Duwe Steffen Gackstatter Gabriella Borgovan Kevin Shi Chris Ong Roland Berger #CTO2030 #DigitalTransformation #AITransformation #Innovation #Ambidexterity

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#AI is already revolutionizing every #function of your company, so what should you be doing now to turn this disruption into a competitive advantage?💡 At #KPMGIgnition, we are hosting numerous events, tailored to specific functions, to help organizations answer this question and take full advantage of the current technological innovations. Last week, for example, over 60 finance #leaders gathered at the #KPMG Insights Center in #Zurich to explore this very topic for the #Finance function. Have a look at the #video below for a short recap and feel free to get in touch with me if you are interested in being on the list for one of our next #events.

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The German economy is forecasted to shrink in 2024 👀  ​ ​ But instead of focusing on the negatives, we should see this as a wake-up call for action! Now is the time for bold decisions and smart investments to ensure a prosperous future for German business.  ​ ​ One powerful way to stay ahead? Leveraging cloud and AI to boost performance. It offers the flexibility to quickly adapt to changing conditions, while seamlessly delivering the latest innovations from SAP's portfolio. But it’s not just about lifting and shifting – it’s about true business transformation that unlocks new value. 💫 ​ ​ As Michael Nilles from Henkel shared at the German SAP User Group (Deutschsprachige SAP-Anwendergruppe e.V. (DSAG)) Congress, Henkel’s cloud transformation is keeping them at the forefront of innovation – especially when it comes to AI. They are increasing their agility and ability to adapt themselves continuously with RISE with SAP and the SAP Business Technology Platform.  ​ ​ Cloud is available for everybody and every industry, including all sovereignty requirements. As a company, we’re committed to deliver secure and sovereign solutions. And we’re not alone. That’s why I am proud to highlight SAP’s recent partnership with STACKIT. Especially for companies with particularly high data sovereignty requirements, this partnership offers a reliable solution for the digitalization of business processes. RISE with SAP customers can now choose STACKIT as their infrastructure option.  The Schwarz Group will be “customer 0” and move to RISE with SAP on STACKIT.​ ​ SAP is a strong and reliable partner – for customers like Henkel, or our Infrastructure as a Service (IaaS) partners like STACKIT, and of course for the wider German SAP user group.  I appreciate that you challenge us on a regular basis, and we are sincerely listening to your feedback. Because that is how we will evolve together. It is a fact: there can be no successful change without constructive cooperation. ✨ ​ ​ We have the same goal: to be successful worldwide! So, let’s become pacemakers of transformation in Germany – together. 🏅 ​ #CloudTransformation #SAP #DSAG #BusinessInnovation #AI #GermanSAPUserGroup #Pacemakers ​

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Heavy asset companies have punted #DigitalTransformation and Tech Upgrades to the point of being Undervalued Businesses, squandering decades of Work. Advanced Development Services and IronBridge helps you take responsibility for your future by pricing out the Gap and bringing the Value where it needs to be.

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Unlocking Human Intelligence Through Play Leadership Skills In the dynamic landscape of business, where change is constant and challenges are diverse, a profound truth resonates: "Play is the only way the highest intelligence of humankind can unfold." #BusinessInnovation #ChangeManagement #employeedevelopment #ExecutiveCoaching #LeadershipTraining #LeadershipPlay #OrganizationalCulture #RiskManagementStrategies #TechnologyIntegration

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CIO Look magazine has recognized Cognizant’s Dr. Kathrin Kind as one of the Top AI leaders for 2024 Many congratulations to Dr.Kathrin! Read the interview with her in CIO Look magazine. #TopAI #becognizant #GenAI

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Our EY team joined the 10th #MotorFinance Conference in Frankfurt last week which centered around the automotive industry's shift towards customer-centricity powered by data and tech. Here are three key takeaways: ✓ Focus on driver-centric innovation: It’s all about creating car experiences that put the driver first and help fostering customer loyalty through innovative user-focused strategies. ✓ Make data-driven decisions: Used right, data allows us make more confident decisions and streamline business operations. To keep up with the competition, we must effectively utilize data-driven insights. ✓ Embrace technology: I can’t stress this enough. Latest technological advancements can address the industry’s current challenges from completely new angles and help unlock business growth. If you want to know more about the latest #automotive trends, sign up for our upcoming Reinventing Mobility study: https://go.ey.com/3BL7t1n Our EY sector specialized teams are all geared up to guide you through your transformational journey, so feel free to reach out.  Christopher Schmitz Daniel Molis Tobias Talmon l'Armée Steffen Danzmann Lisa Schäfer #EYAutomotive #Innovation #DataInsights #TechForward #FutureDriven

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2025 is a critical year for companies in Germany aiming to reignite growth after years of navigating challenges. My partners Jorg and Rajesh outline 5 key strategies designed to help German business leaders unlock new opportunities and build resilience.

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LI Community, next week we‘ll have a very special event: AMA - Ask me anything with Hypatos CEO Uli Erxleben and EY Global FAAS Innovation/ Digital Leader Andreas Muzzu. You will have the chance to ask live questions via chat, live video, or anonymously by sending me your questions in advance via DM. Anything can be literally anything, eg about #idp, how to navigate #AutonomousFinance with #generativeAI or just about microbreweries in Berlin. Seats are limited and filling up fast, so be sure to reserve yours! Register here: https://lnkd.in/d4qCmrmt (Note: we just recently added Andreas Muzzu to the AMA, which is not reflected properly in the title. There will be another communication next week but I couldn’t wait to share now 😇)

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More than other, Generative #AI is revolutionizing customer-facing functions, boosting sales, marketing, and customer support internally and - even more important - when it comes to #customer #experiences. Despite different hurdles like bias and privacy concerns, businesses must seize its transformative potential fast to gain immediate tailwind. In #marketing and #sales, generative AI offers game-changing advantages across B2C and B2B sectors. To harness its power effectively, we at Roland Berger can help companies to 🚀 Identify Use Cases: Pinpoint business challenges and prioritize use cases 🚀 Assess Readiness: Evaluate current AI capabilities and identify areas of potential 🚀 Implement Target Operating Model: Define new operational and tech models based and the according change management and governance #rolandberger #fashion #sportinggoods #luxury

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The role of #AI in #CostManagement is transforming industries, and for good reason. The latest research from BCG experts reveals that 93% of companies are already utilizing AI to optimize costs, with many CEOs and COOs expecting AI’s role to shift from tactical to strategic in the coming years. The outlook is that the tech will become integral to operational efficiency within the next few years, with applications that go beyond basic cost-cutting to include ROI improvement, market expansion, and innovation. Companies that embrace AI for real-time data visibility, supplier management, and automation gain an edge in a complex economy. From demand forecasting to cost visibility, AI enables smarter, faster decisions and can amplify productivity by highlighting opportunities for structural cost savings. Looking to leverage AI in your organization? Check out our latest report: https://on.bcg.com/4ftqiFs

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The role of #AI in #CostManagement is transforming industries, and for good reason. The latest research from BCG experts reveals that 93% of companies are already utilizing AI to optimize costs, with many CEOs and COOs expecting AI’s role to shift from tactical to strategic in the coming years. The outlook is that the tech will become integral to operational efficiency within the next few years, with applications that go beyond basic cost-cutting to include ROI improvement, market expansion, and innovation. Companies that embrace AI for real-time data visibility, supplier management, and automation gain an edge in a complex economy. From demand forecasting to cost visibility, AI enables smarter, faster decisions and can amplify productivity by highlighting opportunities for structural cost savings. Looking to leverage AI in your organization? Check out our latest report: https://on.bcg.com/4ftqiFs

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In the first episode of our working capital management series, my colleagues, Carl Punkenburg discusses the pressing need for optimizing working capital amid today's challenging economic conditions. With supply chain disruptions, rising interest rates, and growing debt, companies are facing increased pressure to manage cash flow and safeguard liquidity. Effective working capital management has become essential to sustaining procurement operations and ensuring financial stability. Discover how to navigate these turbulent times in the video below. 🔗 https://lnkd.in/dTXq7ccb #Procurement #WorkingCapital #SupplyChain

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"... 𝗮𝗻𝗱 𝘄𝗲 𝗮𝗿𝗲 𝗷𝘂𝘀𝘁 𝗴𝗲𝘁𝘁𝗶𝗻𝗴 𝘀𝘁𝗮𝗿𝘁𝗲𝗱". 📆 Yesterday, we at Microsoft presented the next wave of Copilot innovations. 🔎 Handelsblatt has taken this opportunity to explore in great depth how and whether these new features will convince some of the "skeptics" who doubt that AI does and will drive actual value. It might sound like a matter of "mere believe" 🤔 – but it's not. As always, there is data. A recent representative survey by Civey shows that (since the beginning of the year) 1️⃣ the use of Microsoft Copilot among knowledge workers in Germany has tripled. 2️⃣ one in ten already uses Copilot regularly (currently mainly in larger companies) 3️⃣ around 40 percent say: I work faster and achieve better results. 💶 And IDC states: “For every dollar a company invests in AI, it achieves an average return of $3.50.” So, the momentum is there 🏄. But one thing is clear: value from AI will only be created with actual usage. Not through theoretical debate. ➡ Therefore, our role at Microsoft Germany is to help organizations and individuals to adopt the technology, build the skills and drive the change in order to derive value. Link to the article [in German language] in the comments. #AI #Copilot

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Last month, the European Parliament voted to adopt new #regulations around #AI. What are now the opportunities for European companies looking to gain advantage in a more regulated environment? Learn from what GenAI's top performers are doing differently in Boston Consulting Group (BCG) latest perspective

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 A new global Boston Consulting Group (BCG) study reveals that during the past two decades, only 26% of #corporatetransformations successfully created #value in both the short and long terms. The take away: five truths about corporate #transformation and one lie: Truth #1: You Can (and Should) Fix Things Before They Break Truth #2: Leadership Will Make or Break Your Transformation Truth #3: You Cannot Cut Your Way to Greatness Truth #4: Transformations Require a Long-Term Orientation Truth #5: You Cannot Make Things Up as You Go A Lie: You Are Special—and These Insights Don’t Apply to You #ceo #dg #boardofdirectors #boardofadvisors #ned #cto #digitaltransformation #industry40 #ramonfreiregarcia

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From 2023 onwards, private equity funds with at least two German tax-resident investors must file an annual partnership tax return in Germany. Proper fund structuring and tax treatment verification are crucial to compliance, with key steps including analysing fund structures and verifying distributions for tax neutrality. Our Alvarez & Marsal #Tax Germany team provides clients with extensive experience and ensures seamless preparation and submission of tax returns.   Reach out to us: https://bit.ly/3FGripy Clemens Petersen Axel Ortjohann Lukas Reischmann #TaxCompliance #PrivateEquityFunds #GermanTaxLaw

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