It was a inspiring holding in hand the first edition of the JOURNAL OF AI, ROBOTICS & WORKPLACE AUTOMATION published by Henry Stewart Publications
We are pleased to give everyone the opportunity to download the entire article POINT OF NO RETURN by Jochen Werne & Johannes Winter here: https://lnkd.in/dmi9i9aB
The inspiring articles and case studies published in Volume 1 Number 1 are:
Editorial Tom Davenport, Distinguished Professor, Babson College, Research Fellow, MIT Center for Digital Business and Senior Advisor, Deloitte Institute for Research and Practice in Analytics
The path to AI in procurement by Phil Morgan, Senior Director, Electronic Arts (EA)
How to kickstart an AI venture without proprietary data: AI start-ups have a chicken and egg problem — here is how to solve it by Kartik Hosanagar, Professor, The Wharton School of University of Pennsylvania and Monisha Gulabani, Research Assistant, Wharton UK AI Studio
Towards a capability assessment model for the comprehension and adoption of AI in organisations by Tom Butler PhD MSc, Professor, Angelina Espinoza-Limón, Research Fellow and Selja Seppälä, Research Fellow, University College Cork, Ireland
The path to autonomous driving by Sudha Jamthe, Technology Futurist and Ananya Sen, Product Manager and Software Engineer
Point of no return: Turning data into value by Jochen Werne, Chief Visionary Officer, Prosegur Germany and Johannes Winter, Managing Director, Plattform Lernende Systeme – Germany’s AI Platform
Robotic process automation and the power of automation in the workplace by Raj Samra, Senior Manager, PwC
Difficult decisions in uncertain times: AI and automation in commercial lending by Sean Hunter, Chief Information Officer and Onur Güzey, Head of Artificial Intelligence, OakNorth
The intelligent, experiential and competitive workplace: Part 1 by Peter Miscovich, Managing Director, Strategy + Innovation, JLL Technologies
Responding to ethics being a data protection building block for AI by Henry Chang, Adjunct Associate Professor, The University of Hong Kong
Legal issues arising from the use of artificial intelligence in government tax administration and decision making by Liz Bishop Barrister, Ground Floor Wentworth Chambers
The aim of this contribution to the debate is to combine historical insights into the meaning of money with the latest technological developments in the digital age, to compare visions with realities and to develop options for action for shaping the digital transformation of money.
The 10 most successful bank robberies in human history, in which the equivalent of US$1.62 billion was taken at sometimes massive expense, seem like the work of amateurs compared to the US$3.78 billion taken by cybercriminals in 2020 alone. In a world where tech companies are spearheading campaigns to create a new cryptocurrency and bitcoin is surpassing the US$50,000 mark because a visionary electric car maker wants to recognise the cryptocurrency as a means of payment, some fundamental questions arise: How must money be defined in a digital world to reliably fulfil the characteristics of a universally recognised store of value and medium of exchange? And what changes will result if so-called stablecoins challenge the banks’ classic deposit business and their traditional business models?
The world’s first armoured electric money transporter is now in use at the security service provider Prosegur. Since the armouring was realised in lightweight construction, the electrically powered MAN eTGE has enough payload and range for city traffic. On tour with the environmentally friendly cash messengers in Potsdam.
For safety reasons, Prosegur’s cash messengers always travel in pairs or sometimes even in threes – a well-rehearsed team. Today Uwe E. is driving the yellow money carrier through Potsdam. His colleague Andreas H. watches the surroundings from the passenger seat. He mainly looks for hedges, backyards and other possible hiding places. Because “the others” could be lurking there in ambush. That’s what H. calls criminals who are after money and valuables transported in the vehicle, doubly protected by the armoured outer skin and the armoured inner cabin. The course of each tour, each of which covers several banks, ATMs or shops, is planned in detail to minimise the risk of robbery. At Prosegur’s Potsdam branch, a security guard watches on a monitor as the GPS signal of the MAN eTGE moves through the city and keeps in touch with the two cash messengers by radio. Driver and co-driver are highly concentrated while the electrically driven van glides almost silently through the streets. “This silence while driving is great,” says money messenger Andreas H. with satisfaction. “Without noise, I can focus even better and am less exhausted at the end of the working day.”
However, the advantage of the noiseless drive is not the main reason why Prosegur uses the world’s first armoured electric money carrier. The company wants to prove to itself and the entire security industry that electric mobility is not only suitable for normal delivery traffic, but also for the special requirements of cash-in-transit. Despite the additional weight of the armour, which reduces the payload of the vehicle and the already limited range of the electric battery.
Lightweight construction for armouring Since Prosegur has already had good experience with the conventional MAN TGE panel vans in its fleet, its battery-electric variant, a MAN TGE 3.140 E, was chosen as the test vehicle. The STOOF company provided it with armouring and dispensed with steel in order to save weight. Instead, aramid was used, a lightweight high-performance fabric that is also used by the military for armoured vehicles and protective clothing. In this way, it was possible to realise the cash transporter with a tare weight of 3,150 kilograms, including the armour. “Its battery charge allows for about 120 to 130 kilometres of range. That is absolutely sufficient for our tours in the urban area” tells Alexander Lange, who manages Prosegur’s fleet. “Our electric money transporter travels 70 to 90 kilometres per day. There is still enough range left over as a safety reserve.”
Prosegur has been using the MAN eTGE since September 2020. It has since been integrated into normal operations. The test phase has been successfully completed. The proof is in: environmentally friendly transport of valuables without local emissions is feasible. The electric version has proven itself very well. “As a company with a large fleet of vehicles, we want to make an important contribution to climate protection, so there is no way around electric cash-in-transit vehicles,” announces Jochen Werne. The Chief Development Officer of Prosegur in Germany estimates: “A large part of our tours – especially in urban areas – can be realised with battery-electric vehicles.” For supra-regional shuttle transports, according to the current state of the art, another drive solution with a higher range is still required.
At Prosegur, the changeover to electric mobility will take place in carefully coordinated steps. Jochen Werne emphasises that in addition to the purchase costs of the vehicles – the fleet comprises 900 cash-in-transit vehicles and 300 service vehicles – additional costs must be calculated for setting up the charging infrastructure. Until now, the MAN eTGE has been charged overnight at a simple 230-volt socket. After around eight hours, the battery is full again. “In order to fully exploit the advantages of electric mobility, high-performance charging stations are of course indispensable,” Werne explains. Despite the necessary investments, the head of development at Prosegur also sees a great economic opportunity in electromobility: “In a long-term total cost consideration, this technology can even save money.”
A sign for climate protection In Potsdam, Prosegur is setting a clearly visible example for climate protection with the MAN eTGE.
In contrast, the money messengers Uwe E. and Andreas H. want to attract as little attention as possible to their risky job. For each customer, they park as close as possible to the entrance. Uwe E. quickly slips into the shelter of the building and soon after back into the vehicle. For the short distance, he carries the valuable cargo in a special transport security device. After completing their rounds, the money messengers drive their “e-tank” through a security gate back to Prosegur’s premises. Safe and clean.
Reflections by Jochen Werne, Chief Development & Chief Visionary Officer Prosegur Germany (published in Prosegur Express 02/2021)
In all debates on analogue and digital means of payment, “trust” is always at the centre of the discussion: trust in the state-social order, which stands as a guarantor for stability and security of the fiat money issued. In this respect, some would almost like to marvel at how Bitcoin & Co. have managed to gain such trust in such a short time that a market capitalisation in the billions has been achieved. One of the points is certainly the technological confidence in the non-manipulability of the blockchain. But is the blockchain really not manipulable, or is it rather a question of time before an attack will succeed? And what conclusions are central banks around the world drawing from this as they look at creating central bank digital currencies? Currencies designed to bridge the gap between the stability of analogue central bank money and the demands of our digital age.
Perhaps the solution for a trustworthy and generally accepted today and now lies in a hybrid model: in a cryptocurrency, in form of a stablecoin, that is 100 per cent backed by physical central bank money. This means that every digital token has a unique physical counterpart (euro). Due to the tradability of the tokens, the flexibility of book money is paired with the guarantee of physical central bank money. Last but not least, a regulated trustee function guarantees that the existing and securely stored central bank money is always paired with its digital twin. Thus. the best of both worlds is firmly united.
It is with great pride that we hold the Gold Stevie Award 2021 in our hands. The award is representative of so many at Prosegur who work every day to make the company once again a pioneer in the industry when it comes to e-mobility and sustainability.
The organizers of the Stevie® Awards 2021 have announced their winners: In the category for special achievements in the field of product innovation, Prosegur Germany has been awarded as GOLD STEVIE® WINNER. With the world’s first fully electric armored MAN eTGE cash-in-transit vehicle, the international jury of experts was convinced. This makes Prosegur Germany one of the winners – alongside other award-winning companies such as Deutsche Post DHL Group, Deutsche Telekom Services Europe SE or Vodafone GmbH.
It was a great day to experience live with MAN and my Prosegur colleagues how the world’s first all-electric CIT van performs. Many thanks to MAN for producing an excellent report on this great achievement, which takes our company another step closer to achieving the climate targets we set ourselves by signing the Climate Pledge.
28 February 2021 published in the current issue of the magazine gi Geldinstitute
For the trade magazine gi Geldinstitute, leading experts answered Stefanie Walter’s questions on the topic of “Process Mining at Banks”. Jochen Werne – Prosegur Germany, Gerrit von der Hardt – TARGO Dienstleistungs, Sebastian Hennerici – Aareal Bank AG, Gerrit Meier – Hanseatic Bank GmbH & Co KG, Thorsten Briest – PSD Bank Braunschweig eG, Christian Meusel – Berliner Volksbank eG, André H. Burger – Synpulse Management Consulting
Professional know-how and the right feeling for changing customer needs are essential factors in being able to innovatively develop needs-based solutions for our customers.
The entire roundtable talk in the current print edition or soon online at www.Geldinstitute.de
HOT OFF THE TAPE: Business Transformation in the Digital Age – Insight into Practice from an Expert’s Perspective
It was a great pleasure being invited as guest to the brand new podcast format POLEDIFY. With Poledify, Felix Gehm offers insights into the routines, mindsets and habits of experts and thought leaders from a wide range of disciplines.
Jochen Werne is Chief Development Officer and Chief Visionary Officer of Prosegur Germany. Prosegur Group is one of the leading security service providers worldwide with over 175,000 employees on five continents. Jochen Werne is, among other things, a member of the Learning Systems Platform, which advises the German government on artificial intelligence, and of the Royal Institute of International Affairs Chatham House, one of the most important think tanks in the world. Jochen was listed as one of the AI experts in Germany by Focus magazine. He is also an author, keynote speaker, internationally awarded NGO founder and specialist in business development and transformation, and international diplomacy. In 2020, the Tyto Tech Power List named him one of the 50 most influential people in the tech scene in Germany.
Topics of this episode:
What does digital transformation mean for “traditional” business sectors? How Prosegur plans to master digital transformation How not to be deterred by big challenges The most important characteristics of a leader in the face of such challenges
Links and other things from the episode: The interview between Bill Gates and Warren Buffet: shorturl.at/mGPYZ Books: Utopias for Realists by Rutger Bregman Mordern Monopolies by Alex Moazed and Nicholas L. Johnson Here you can find Jochen Werne and everything about Prosegur: Jochen Werne LinkedIn: https://www.linkedin.com/in/jochenwerne/ Jochen Werne Website: http://jochenwerne.com/ Prosegur LinkedIn: https://www.linkedin.com/company/prosegur/ Prosegur website: https://www.prosegur.com/en/jobs Platform Learning Systems: https://www.plattform-lernende-systeme.de/home-en.html
Questions, criticism, suggestions or anything else? Write to me! Instagram: https://www.instagram.com/poledify/ Twitter: https://twitter.com/ThisIsFelixGehm or simply send an email to firstname.lastname@example.org Where does the fine music (intro & outro) come from? The fine music in the intro and outro is produced by pads. Behind the artist name is Patrick, who has finally decided to record all his little songs. You can find it all here: YouTube: bit.ly/33TOFcN Instagram: https://bit.ly/2XWFDIm Soundcloud: https://bit.ly/3oYQA8k
Start: 05 March 2021 – 10:00 a.m. End: 05 March 2021 – 11:30 a.m Location: Virtual event – Language: German
Especially in the Corona pandemic, digital technologies proved their usefulness: through them, companies were more adaptable in the crisis. What role do digital technologies now play on the way out of the crisis – especially for medium-sized companies? How do they manage the digital transformation and develop new value creation models?
A debate organized by acatech
The host is discussing these and other questions with guests from business and research on 5 March.
Dr. Johannes Winter, acatech Secretariat
Prof. Dr. Michael Dowling, University of Regensburg/acatech
Impulse/Podium: DATA, VALUES, VALUE CREATION – WHERE IS THE JOURNEY GOING?
Dr. Wolfgang Faisst, CEO ValueWorks.ai / Platform Learning Systems BEST PRACTICE INDUSTRY 4.0
LESER GmbH & Co. KG: Digital transformation in medium-sized companies Kai-Uwe Weiß, Head of Global Industrial Engineering FORCAM GmbH: Value creation through integrative IIoT platform solution Franz Gruber, Founder and Advisory Board
EXPERT DISCUSSION: DIGITAL SOLUTIONS FOR A RESILIENT COMPANY
Olga Mordvinova, CEO incontext.technology GmbH / Learning Systems Platform Jochen Werne, Prosegur Cash Services Germany GmbH / Learning Systems Platform Franz Gruber, FORCAM GmbH Kai-Uwe Weiß, LESER GmbH & Co. KG
Registration: Admission free; registration required. Please register under the following link, all registered will receive the access link before the event.