Fraunhofer IGD and q.beyond will enable companies to exploit the wealth of data at their disposal by using scientific and pragmatic approaches. “Whether a company operates in retail, the energy sector or manufacturing, potential optimisations are concealed everywhere. With our joint new approach, this potential can be detected and now visualised and analysed particularly efficiently”, comments Marc Böning, Managing Director at q.beyond Data Solutions. “Our longstanding practical experience shows that company investments in data intelligence always pay off. Whether for purchasing decisions, selling off products or accessing new business models, for our customers the benefits of data intelligence are always immediately tangible.”

Using data to boost market position

q.beyond is currently already working with Fraunhofer IGD on a solution to visualise data for a customer in the energy sector. The scientists are now able, among other options, to detect irregularities in energy consumption with the assistance of specially developed artificial intelligence and to present this information graphically. q.beyond in turn advises the customer with regard to the technologies deployed and provides the corresponding data analysis tools.

Prof. Jörn Kohlhammer, Head of the Information Visualisation and Visual Analytics Department at Fraunhofer IGD comments: “q.beyond has far-reaching experience in analysing large quantities of data and access to numerous companies. We at Fraunhofer IGD have expertise in graphic solutions. That makes this cooperation very interesting to both parties: We can offer hands-on assistance to companies with their digitalisation projects and support their progress in a climate of global competition.”

q.beyond subsidiary continues to develop market

Alongside the cooperation now announced, q.beyond Data Solutions has further established itself in the market in recent times. Since q.beyond invested in the former “productive-data”, the data intelligence specialist has extended the terms of all contracts with existing customers, extended the scope of most contracts and attracted further companies for its services. Among others, its customers include larger retailers and insurers.