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USB-C at Apple? These 3 future visions are available for iPhone and Co.

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After years of wrangling, Apple has finally approved the USB-C connector. But will there really be iPhones with a new charging socket from 2024? The answer is a resounding yes. We present three possible options and future visions for Apple.

On October 25, 2022, Apple’s chief marketing officer, Greg Joswiak, said something long-awaited in a statement to the news agency Bloombergthat Apple will follow European legislation.

From 2024, Apple also wants to introduce the USB-C standard for iPhones. This also means the end of a year-long dispute between Apple and the European Union. Until recently, the company from Cupertino, California, had successfully resisted the standardization of charging cables.

Are iPhones really getting a USB-C port?

As promising as Apple’s announcement sounds – and as happy as many consumers may be when they first read the news: It is by no means certain that the company will really introduce a USB-C connection across the board.

The reasons for this are obvious and understandable after a moment’s thought. But what could the future look like for Apple fans and iPhone owners? We outline three possible scenarios for the future of charging cables at Apple.

1. Apple manufactures its own iPhones for the European market

The first option seems a bit confusing at first glance. However, it is quite possible that in the future Apple will only equip its iPhones in the European market with the mandatory USB-C connection.

With a market share of around 24 percent ($95 billion) of Apple’s total sales ($394 billion), the European market is not insignificant enough to ignore completely in the future.

A slump in sales of almost 100 billion US dollars a year cannot be compensated for even by a mega corporation like Apple without major problems. Therefore, one possibility could be to launch a separate series of iPhones for Germany, Italy and Co. – and not to change the rest of the world.

2. Apple is moving to USB-C connectivity worldwide

The second option involves significant effort for Apple. After all, all iPhones around the world would have to be equipped with new connections by a certain date – probably as early as the next iPhone generation in autumn 2023.

At the same time, however, Apple would have to continue to produce and make available classic Lightning cables, since numerous iPhone generations depend on the charging technology. An adapter solution is cumbersome and probably does not meet Apple’s requirements.

If you consider that the new iPhone 14 from autumn 2022 will be used by some users for at least five, if not even ten years, the company is facing considerable additional work.

3. Apple completely dispenses with the USB-C connection and relies on wireless charging

The third and last vision of the future seems the most plausible. Apple has been working on wireless charging technology for several years. The latest iPhone generations can be charged with a cable or contactless.

The logical step would therefore be that Apple never introduces a USB-C port on iPhones. Instead, Apple is removing the charging port entirely and opting for wireless charging.

This brings several advantages. On the one hand, Apple does not have to find a hybrid solution for the European market or annoy all Apple users around the world with even more charging cables. On the other hand, Apple is once again setting a technical accent with a switch to wireless charging.

That’s something that Apple has been less able to do in recent years. In this way, the competition for Samsung, Huawei and Co. could once again be put under pressure.

Conclusion

We will probably find out how Apple finally decides when the new iPhones are presented in autumn 2023 at the latest. At the moment, however, it looks like there are ways and possibilities for Apple to skilfully circumvent EU legislation.

The worst case for European users would be that Apple completely breaks away from the European market and leaves the market to the competition. This sign would be fatal from a consumer perspective. At the same time, it would show that the political options for regulation are too small.

Also interesting:

Source: https://www.basicthinking.de/blog/2022/11/12/apple-usb-c-anschluss-iphone/

Twitter launches new payment model – Business Insider

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This week, the platform plans to award blue, gray, and gold ticks. Also: Setbacks for Tesla and Amazon and Binance wants to position itself as a crypto savior.

The early days are meant to be a trial run for the new payment model, after the first attempt ended in chaos.
Chesnot/Getty Images

Good morning! Even during the weekend, work in the digital scene continued in many places.

The top topics:

Twitter is now starting the second attempt at his paid subscription this week. After the first verification ended in chaos, the short message service wants to distribute blue, gray and gold ticks in the future. The early days are initially a dry run: individuals are to be verified with a blue tick, companies with a gold tick. Musk wants to reserve the color gray for “government accounts”. It is not yet known whether the new offer will still cost eight US dollars universally.

At the weekend, the US broadcaster CNBC also reported that “Twitter 2.0” may violate the rules of Apple or Google violates. In the worst case, this could result in Twitter being booted out of the app stores. In fact, tensions are already brewing: Twitter owner Elon Musk complained in a tweet about app store fees that Google and Apple charge companies like Twitter. These are too high and “a hidden 30 percent tax on the Internet”. In a follow-up post, he tagged the Justice Department’s Antitrust Division, which is reportedly investigating the app store’s rules. [Mehr bei Handelsblatt, Wall Street Journal, The Guardian und CNBC]

on Founder Scene: They’ve been sharing for weeks Traffic blockades by young climate activists of the group “Last Generation” Germany into two camps. The protests are helpful for the mobility turnaround, as our mobility expert Don Dahlmann writes in his new column. It reveals a massive problem of the administrations. [Mehr bei Gründerszene]

And here are the other headlines of the night and the past few days:

Setbacks: Tesla has to bring around 80,000 cars back to the workshops in China. The recall affects Model S and Model X vehicles with software issues and Model 3 vehicles with seat belt issues. Amazon is closing its grocery delivery business in India before the end of the year. The US e-commerce group had been trying to establish itself in the country for three years. In addition, struck Walmart Amazon looking for bargains at the Black Friday sales event. [Mehr bei Wall Street Journal, CNBC und Techcrunch]

Binance and Crosstower want new offerings for the digital currency lender Voyager Digital hand over. The latter should of FTX be taken over. But with the bankruptcy of the crypto exchange, the offer for Voyager has also become obsolete. The crypto platforms Binance and Crosstower now want to step in to ensure the company’s continued existence. Binance has also set up a $1 billion fund aimed at supporting struggling companies in the industry. [Mehr bei CNBC]

Yandex wants to reposition itself: The Russian Internet company and Google competitor, whose parent company is based in the Netherlands, wants to cut ties to the Russian unit in order to protect new projects in the fields of artificial intelligence and autonomous driving. The internet browser, grocery delivery, and ride-hailing apps would be sold. Since such a sale and transfer of technology out of Russia requires the approval of both the Kremlin and shareholders, implementation of the plan is on shaky ground. [Mehr bei Handelsblatt und New York Times]

Meituan, China’s largest food delivery app, reported a 28 percent increase in revenue to $8.73 billion for the third quarter. Demand for meal and grocery deliveries rose sharply in the quarter as China’s tough Covid-19 restrictions forced many consumers to spend more time at home. This makes Meituan one of the few winners from the Covid lockdowns that have dealt a severe blow to the rest of the country’s ailing economy. The turnover of Tencent for the quarter ended September was down seven percent while revenue from Ali Baba only rose by three percent and thus missed the expectations of the analysts. [Mehr bei Bloomberg und The Information]

Huawei and ZTE, two tech companies from China, suffered a severe blow over the weekend: the import and sale of telecommunications and surveillance technology from Chinese manufacturers is largely banned in the USA. Reason: a risk to national security. The smartphones of the companies are also affected by the ban. [Mehr bei The Guardian]

Our reading tip on Gründerszene: In addition to his football career Mario Götze Investor. The world champion has supported 15 German startups so far, and one has even been sold. You can read about the companies in which the professional footballer’s fortune is in our portfolio check. [Mehr bei Gründerszene+]

Don’t want to miss anything? Then subscribe to our Gründerszene newsletter! It appears every morning at 8:30 a.m. and brings you all the important news straight to your inbox.

Have a good start into the week!

Your Gründerszene editors

Source: https://www.businessinsider.de/gruenderszene/business/twitter-startet-neues-bezahlmodell/

The fitness device for the home office in the test [Anzeige]

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Working from home is now normal for many. Unfortunately, most people neglect to exercise enough at home during working hours. The VEVOR treadmill aims to change exactly that: You use the device while you continue to work. We introduce you to the treadmill for the home office.

In the office we regularly go to the printer or to colleagues to exchange ideas. In the home office, this is usually no longer necessary. We work completely digitally and exchange information with colleagues via telephone calls, messages or video meetings directly via the computer or smartphone.

The problem: sitting in one position all the time and not moving enough is not good for our back health. That is why more and more people are using height-adjustable desks or ergonomic chairs. Another option is the VEVOR treadmill. You simply place the device under your desk and work while walking on the treadmill.

VEVOR

This has a big advantage: the constant movement not only supports your back health, you collect your daily steps during work. For example, if you have a daily goal of taking 10,000 steps, you don’t have to do it after work, you’ll reach your goal while you’re at it.

VEVOR treadmill: Completely assembled

The VEVOR treadmill arrives at your home fully assembled. You simply place it directly under your desk, connect the device to the power supply and press the start button. Rollers are attached to the front, with which you can easily move the treadmill on your own. So if you don’t want to walk anymore and switch to your desk chair, you can easily push the device to the side.

On the integrated LED digital display of the treadmill you can see your walking time, calorie consumption, distance covered and the speed of the running belt. You will receive a remote control with which you can conveniently operate the device.

You don’t have to worry about disturbing someone with the treadmill. The device is equipped with a 500W powerful motor and an intelligent chip. According to the manufacturer, the energy consumption is low and the device is durable.

Speed ​​up to 6 km/h possible

The VEVOR treadmill is designed for working from home. You have the option of setting a speed between 1 and 6 km/h. As a rule, this should not make you sweat and you should be able to continue to do your work comfortably. The device has a capacity of up to 100 kg and a wide running surface, the belt width is 36 cm.

The price for the VEVOR treadmill is 289.99 euros. With our exclusive voucher code “EUCODE30EU” you save a total of 87 euros and only pay 202.99 euros for the treadmill including shipping. Take the chance now to optimize your work in the home office and get your own treadmill for home.

Find out more here

Competition: Win the VEVOR treadmill worth 289.99 euros

Together with BASIC thinking, VEVOR is giving away the treadmill worth 289.99 euros among all BASIC thinking newsletter subscribers who leave us a comment under this post, stating which of the treadmill functions is most important to them (the different functions can be found here).

You must therefore complete the following tasks by the deadline:

  1. Have subscribed to our weekly newsletter BT compact. You can register here for free.
  2. Write a comment under this post which of the treadmill functions is most important to you (you can find the different functions here).

We will draw the winner on November 30, 2022 and will then notify him or her by email. We wish good luck!


The closing date for entries is Wednesday, November 30, 2022 at 12 noon. Participation is subject to the exclusion of legal recourse. Each participant can only participate once. Only correctly completed comments will be included in the selection process. The winner will be informed by email. The right to win expires after one week if the winner cannot be determined or if he does not contact the organizer of the competition (BASIC thinking GmbH) within one week of the announcement of the prize. The data of the other participants will not be passed on to third parties or used for other purposes. This article contains affiliate links.

Source: https://www.basicthinking.de/blog/2022/11/14/vevor-laufband-test/

“Abnormal transactions” – customer funds in the millions gone

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The ailing crypto exchange FTX has filed for bankruptcy and filed for bankruptcy protection. Former CEO Sam Bankman-Fried is suspected of embezzling client funds. Now the company announced that there had been “abnormal transactions”. Reason could be a hack.

The ailing crypto platform FTX filed for bankruptcy last Friday, November 11, 2022 and applied for bankruptcy protection. Crypto billionaire and now former CEO Sam Bankman-Fried resigned from his posts.

FTX: Bankman-Fried denies ‘secret transactions’ and fled to Argentina

Since then, events have unfolded. Like the news agency Reuters reported, citing insiders, Bankman-Fried is suspected of embezzling client funds. The founder of the crypto exchange is said to have moved ten billion US dollars to his trading company Alameda Research.

Around two billion US dollars were not posted and have since disappeared. Bankman-Fried meanwhile told Reuters that there had been no “clandestine transactions”. Rather, there would have been misunderstandings when booking.

The crypto billionaire also stated that he is currently based in the Bahamas, where the company is based. speculationthat he had fled to Argentina, he denied. After the failed sale to competitor Binance, Bankman-Fried first had to get an overview himself.

“Abnormal Transactions”: Has the Crypto Platform Been Hacked?

Ryne Miller, general counsel for FTX’s US subsidiary, meanwhile, split on Saturday Twitter with that there had been “unauthorized transactions”. The British analysis company Elliptic in turn expressed the assumption that customer funds of around 473 million dollars had been stolen.

As the Financial Times reports, the company has now admitted that “abnormal transactions” had taken place. These would now be examined. It is quite possible that criminals have hacked the crypto platform.

FTX: Police are investigating

After filing for bankruptcy, suspected misappropriation of customer funds and the alleged hack attack, the police in the Bahamas have now started investigations into FTX. In view of the opaque situation, the officials are investigating according to their own Declarationswhether criminal misconduct has occurred.

Both FTX and former CEO Sam Bankman-Fried are based in the Bahamas. The securities regulator had previously also expressed the suspicion that the company could have embezzled customer funds. A team of financial investigators now wants to clarify the facts.

Also interesting:



Source: https://www.basicthinking.de/blog/2022/11/14/ftx-abnormale-transaktionen-kundengelder-in-millionenhoehe-verschwunden/

Metaverse: This founder has what Mark Zuckerberg is still looking for

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The big future should belong to the Metaverse, billions are currently being stuffed into development. Even before the hype, Dirk Lueth started Upland – and is already making money with it.

Serial founder with Valley experience: Dirk Lueth
Dirk Lueth

Dirk Lueth still has to make a quick phone call. Tall, lanky, longer blond hair, sunglasses as a hair band – the German somehow catches the eye here in front of The Grove restaurant right next to the Moscone Center in San Francisco, where Steve Jobs once held his famous keynotes. The backpack hangs diagonally over one shoulder and bears the brightly colored company logo – Upland.me says on it. Lueth fulfills all other Valley founder characteristics: Tesla, iPhone, Airpods and a latent inner restlessness. Maybe that’s the wrong word, but the Californian by choice seems driven.

In Silicon Valley you probably have to call Dirk Lueth an old hand. Already in 2009 he founded in Palo Alto, it was his third company after he had participated in the establishment of the Financial Times Germany in Hamburg and started a software company in Frankfurt am Main. In the American heart of the tech world, then again a software company: a platform for company data. It had to be California back then, says Lueth, because it was much easier and more money to get there than in sleepy Germany. And he was curious about the Valley Spirit, the magical attraction that companies like Apple, Google or Facebook emanate from.

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Is it still worth going to Silicon Valley as a German founder?

He built up the company for two and a half years before selling it to a German supplier. In number four, Lueth combined media and software: sports and entertainment providers should be able to earn money with their fans. The business is attracting the attention of neighboring blockchain company API Market and Lueth is selling, in part because he didn’t feel like he was at the end of his founding journey. However, he recognized that cryprotechnology was “his thing”. After all, he had already completed his doctorate on the subject of currencies.

Already worth $300 million

So now it’s about something else, but somehow also about the same thing: Lueth has built what Valley icon and Facebook founder Mark Zuckerberg proclaimed as the solution to saving his giant corporation: a metaverse. Upland.me, he already gave the name to his backpack, Lueth has been working on it for some time now, around four years, “long before the topic was hyped”, as he says in an interview with Gründerszene. And with success, Upland has a little more than three million registered users. His company, which employs 125 people, was valued at more than $300 million in the first round of financing a few months ago. 18 million dollars came from Hong Kong-based VC firm Animoca, among others.

“We were inspired by Monopoly, the idea came up at game night,” says Lueth. It’s similar in Upland: “Buying, selling, swapping virtual properties is the core. But you can also take part in treasure hunts or virtual car races or run metaventures.” What Lueth means by this: shops that list certain goods. In order to provide this, Lueth has entered into a cooperation with Fifa, among other things, and digital merchandise will be offered in the form of NFTs as part of the ongoing World Cup in Qatar. “Soon we will also introduce our NFT portal for importing and exporting your own tokens”.

read too

Open letter to Mark Zuckerberg: “Meta needs to get his mojo back”

What Upland aims to do differently than many existing Metaverse approaches: Not just crypto and blockchain experts, but everyone should be able to buy a piece of land in the Metaverse and use it to build a startup career. Despite everything, Lueth and his co-founder Idan Zuckerman – the third in the league, Mani Honigstein, sits on the startup’s board – want to stay close to real life. Traveling from one city to another not only costs money but also time – albeit a little less than in real life. “We want the same challenges to exist that we have to worry about in reality,” says Lueth.

There is already a business model

Upland earns money like this: The Metaverse operator takes a share of five percent for every transaction between players. Their volume varies enormously. The largest transaction so far: “The address where Rockefeller Center is in real life in Manhattan was sold for 40 million UPX.” That corresponds to around 40,000 US dollars. However, the many small transactions are at least as important, in 2021 Upland made more than 20 million dollars in sales, but Lueth does not want to give current figures.

Is Lueth also aiming for the advertising business, which large corporations like Meta are certainly aiming for? “We don’t have it yet and are basically very cautious, but I also see classic advertising in Upland in the future, such as posters along the car racetracks. However, this will be largely managed and monetized by the players.”

Analysts estimate that the market volume for the parallel worlds could reach up to 1.5 trillion dollars by 2030 – especially in the areas of entertainment and games.

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Sensors, AI and Metaverse: 8 German startups that are digitizing football

Lueth’s goal is to create an open market economy governed by the forces of supply and demand, says Lueth. The blockchain is intended to ensure that the Uplanders have a claim to “real property”. And that should not only exist in the Upland.

For one, Lueth has given its Metaverse currency UPX a fixed exchange rate to the US dollar, 1,000 UPX earned equals one dollar. The player with the highest ‘net worth’ in Upland currently has around three billion UPX – which corresponds to a considerable three million dollars, at least in theory. “He – like other Uplanders – can sell his digital goods to other players for US dollars. The users here are the entrepreneurs running this business with the aim of generating income.”

Open meta world

On the other hand, Lueth also advocates that the virtual persons – avatars – can be moved from one metaverse to another. The Upland founder is also involved in the Open Metaverse Alliance for Web3, of which he has just been elected chairman. Its members are committed to open interoperability between the platforms. However, large providers such as Meta or the Microsoft subsidiary Activision have not yet joined the initiative.

In the California sun, Lueth has to move on. Fix paying for the meal with the platinum Amex in the cell phone case, the sunglasses on your face, the shop calls. He still has one of his books in the trunk of his Tesla, which he definitely wants to give away. It’s called “Navigating the Metaverse”, a guide to the endless possibilities in a Web 3.0 world. Signed with a dedication, Lueth looks at his watch, he has to make a call again soon.

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Musk, Zuckerberg, Bankman-Fried – why the demise of the startup geniuses is now imminent

Source: https://www.businessinsider.de/gruenderszene/technologie/upland-metaverse-meta/

Consumer center reprimands companies for trickery

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Since July 2022, German companies have had to offer a clear cancellation button for contracts on their websites. However, the consumer advice center has found that the majority of providers do not implement the law in a legally compliant manner. A warning was issued in 152 cases.

After a free trial subscription to numerous online services, more and more people are switching to a paid subscription. This is simply because they forget to cancel or it is too cumbersome to cancel a contract online.

And this despite the fact that companies have been obliged to clearly mark the cancellation button on their websites since July 2022.

Cancellation button: consumer advice center examines implementation

This means there must be a button that clearly leads to cancellation. If this is not the case, the providers are not acting in accordance with the law.

Between July and October 2022, the Bavarian consumer advice center examined websites across all sectors to determine whether the companies were acting in accordance with the law.

However, the majority of the websites checked have deficiencies. Companies would either not use the cancellation button on their online presence at all or only in such a way that it was difficult to find.

Almost half of the websites examined do not have a cancellation button

Of a total of 840 websites examined, 349 had no cancellation button. The button was hidden for 65 online appearances. In addition, 38 buttons had an illegal label.

The consumer advocates found a total of 339 other violations in connection with the confirmation page and the final confirmation button. For example, mandatory information was missing or there were inadmissible labels.

This is how companies hide the cancellation button

In order to prevent customers from terminating a contract, they use various tricks to bypass the mandatory cancellation button.

If this is the case, the online termination is not legally compliant. So that consumers can control the websites they use themselves, the consumer advice center explains what is not permitted.

In these cases, the cancellation button is not implemented correctly

  1. Cancellation button hidden or not available. Instead, users should contact the company by email or post to cancel their contract. It is also not permissible for customers to have to click through different pages for this purpose.
  2. Button does not lead to confirmation of cancellation. If an overview with all contract-relevant data is missing – including the cancellation request – this is not legally compliant. Even if users are simply automatically redirected back to the log-in area, the cancellation button was implemented incorrectly.
  3. Cancellation button not clearly labeled. The button must clearly indicate what function it performs. Only clear formulations such as “cancel now” are considered legally compliant. If the button only says “send” or “send”, this is not permitted.

This is what a valid online termination looks like

If an online termination is implemented correctly, customers should normally have to go through four steps. After clicking the clear cancellation button, consumers should be able to enter their contract details. This includes the reason for termination, the designation of the contract and the end of the contractual relationship.

There must also be a button for confirmation. It must also be clearly recognizable. Users should then be able to legally terminate their contract with a click. Immediately afterwards, the company must send an electronic confirmation of termination. As a rule, this comes by e-mail to the stored e-mail address.

Consumer advice center warns 152 companies

Overall, the consumer centers and consumer associations warned 152 companies because of significant legal deficiencies in the cancellation button – sometimes even for several websites at the same time.

By November 2, 2022, 86 of these online providers reacted with insight and signed the required cease-and-desist declaration. In 17 cases, the consumer advocates are preparing appropriate legal proceedings or have already filed the lawsuit.

According to Tatjana Halm from the Bavarian consumer advice center, other companies that had not yet received a warning improved their pages directly.

Consumers who have problems with the cancellation button can report the relevant website directly to the consumer advice center. The association is currently collecting information on the implementation of the cancellation button.

Also interesting:

Source: https://www.basicthinking.de/blog/2022/11/14/verbraucherzentrale-ruegt-unternehmen-kuendigungsbutton/

Amazon apparently wants to lay off more than 10,000 employees

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The wave of layoffs in the tech industry never ends. Amazon is reportedly planning to lay off around 10,000 employees over the course of the week. This would make the US group the largest mass layoff in its history initiate.

Online mail order company Amazon apparently wants to lay off around 10,000 employees. This is from a report by New York Times (NYT). Accordingly, the layoffs would affect around one to three percent of the entire workforce of the company.

Amazon plans mass layoffs: around 10,000 employees affected

After Facebook parent company Meta with 11,000 layoffs, Amazon would rank second among the companies with the most pronounced layoffs this year. For comparison: At the end of 2019, the US group reported 798,000 employees.

In December 2021, the company already employed 1.6 million full and part-time employees. This corresponds to an increase of 102 percent. With the planned job cuts, Amazon would meanwhile initiate the most extensive wave of layoffs in its history.

Hiring freeze and austerity measures

Due to falling sales and the current economic situation, Amazon had previously imposed a hiring freeze. The goal of CEO and Jeff Bezos successor Andy Jassy is to reduce running costs in particular. The stock lost around 40 percent of its value this year.

According to the NYT, the exact number of employees for the impending job cuts has not yet been determined. The mentioned number of 10,000 employees could still change – both upwards and downwards. Meanwhile, the layoffs come at a time when the mail order company is actually hiring employees. Because at Christmas time there is a boom at Amazon.

Also interesting:

Source: https://www.basicthinking.de/blog/2022/11/14/amazon-will-offenbar-ueber-10-000-mitarbeiter-entlassen/

Startup helps landlords provide tenants with solar power

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For a long time, the topic of solar systems was always about single-family houses. Because it is so complicated to distribute and bill for solar power in apartment buildings. Metergrid wants to help with that.

Martin Lowinski and Julian Schulz have founded their tenant electricity startup for the second time.
Andrej Vysochanski

Stuttgart, winter 2019. Nothing is going so well for Julian Schulz and Martin Lowinski. Your fintech startup is struggling badly. What about Blockchain and Ripple. Needless to say, because the whole thing doesn’t really want to fly anyway. In addition to the already lousy mood, the heating in her small office also fails. And the walls are starting to mold. “That was an absolute low point,” says Schulz in retrospect. And at the same time the start of a new, better chapter.

When the landlord takes a look at the problem with the heating, he chats a bit with the founders. What are they doing, he asks. And then says: “Now I’ll tell you what’s a huge topic for a startup: solar systems for apartment buildings.” As the landlord of ten apartments, he wants to do something like this on the roof of his house, but there is no one solution.

The problem: It’s complicated

In fact, it is more than complicated: if someone like the landlord of the two Stuttgart residents wants to build and operate a solar system, they become a de facto electricity supplier. As such, he is obliged to set up a so-called measurement concept. He needs special measurement technology, i.e. devices that count the solar power produced and consumed, and he needs a delimitation of the data. So, which tenant consumes how much? Accordingly, he must submit individual invoices to his parties individually. He needs his own bookkeeping and documentation of it that is as complete as possible. “I’ve often had to justify myself to investors that the flow of tenants is legally so complicated,” says Julian Schulz. “But that’s not my fault.” Better: He and his co-founder Lowinski can do something about it.

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Sold out: Leipzig solar startup Priwatt overwhelmed by demand

“To be honest, I was skeptical at first. found again? But Martin, as a techie, just got started and dealt with the potential of tenant electricity in a structured way,” says Schulz. And looking back, he believes, “Apart from the fact that the timing was good, like before the energy crisis, I think that was the key success factor for us: resilience.”

Since the beginning of the year, Schulz and Lowinski have had a marketable product with Metergrid, a solid B2B Saas business model and they have already turned the first customers into electricity suppliers for their tenants. They want to implement several hundred projects in the coming year.

How does Metergrid work?

Metergrid’s target group are private landlords with five to twenty residential units, smaller real estate companies and homeowners’ associations. They all come to Metergrid with the decision to install a PV system – and the startup takes over from there. From coordinating with the regulatory authorities to arranging a solar installer and then, after the installation of the system, equipping it with suitable measuring technology in the form of hardware (i.e.: electricity meter or reader) and software (which ultimately spits out invoices for each individual tenant) – Metergrid does it all. “We form them entire value chain,” says Schulz in the finest startup language.

“And the nice thing about the business right now is that we are inundated with leads,” the founder continues. “We are now heading towards 150 customer inquiries per month without doing any significant marketing.” And although there are also other providers in the tenant electricity market, most of them tend to turn to larger property managers. The green energy supplier Polarstern from Munich, for example, has a tenant electricity solution in its range. Einhundred Energie from Cologne positions itself as a “digital service partner for scalable tenant electricity”, but also addresses companies that rent real estate rather than private landlords.

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Are 54,000 euros in solar system costs worth it? My parents experienced this with Enpal

timing is everything

With or without competition, demand remains high: the climate and energy crisis is playing into the hands of the Metergrid founders – and politics is doing the rest. According to Schulz, while there has been a lot of talk in recent months about the promotion of solar systems on the roofs of single-family homes, it has always been clear that the focus must also be on apartment buildings. And indeed: In some federal states, such as Baden-Württemberg, Hamburg or Berlin, there is already a PV roof requirement for new buildings. In Baden-Württemberg, this also applies to the renovation of existing properties.

Last but not least, Schulz argues, tenant electricity quickly pays off financially: the more energy prices rise, the sooner the PV system and tenant electricity management pay for themselves. After around ten to fifteen years, landlords would make a return on their solar power.

With their new startup, Schulz and Lowinski have convinced investors, are in the seed phase, looking ahead to the next round of financing. Everything looks fine. Wouldn’t they have thought three years ago in the cold mold booth. Luckily they just did it anyway.

Source: https://www.businessinsider.de/gruenderszene/business/hype-um-solaranlagen-ihr-startup-macht-mietshaeuser-zu-stromversorgern/

The largest solar park in Europe will go into operation in 2023

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In the coming year, the largest solar park in all of Europe will be built in western Romania. The Czech energy company Rezolv Energy wants to connect more than 1.6 million solar panels with each other. The system will then supply more than 370,000 households with electricity.

Sustainable energy sources are still on the rise. Because the Ukraine war shows how dependent we are on energy imports. But since then a rethink has set in. Many European countries are massively expanding their capacities in the wind and solar sectors.

While there are always bureaucratic hurdles in the way in Germany, things are currently looking very different in western Romania. The largest solar park in Europe is to be built there in the near future. Germany holds the previous record with a system that has an output of around 187 megawatts. The solar park in Romania, on the other hand, is said to have five times the capacity.

The largest solar park in Europe is being built in Romania

The Czech energy group Rezolv Energy wants to build the plant not far from the city of Arad in western Romania. The entire project not only brings 500 new jobs, 30 of which are permanent, but also a new record in energy production.

Because a total of 1.6 million solar modules should achieve a total output of 1,044 megawatts. That would be enough to provide enough energy for more than 370,000 households per year. In terms of power generation, the plant has an output of 1.5 million megawatt hours.

Completion planned for the first half of 2023

The facility is expected to be completed in the first half of 2023. In addition to the sustainable generation of energy, operation in interaction with the environment is also a priority. For example, a bee farm is set up on the site. Further species protection measures are to follow.

Europe is thus taking an important step in the direction of a self-sufficient, sustainable power supply. And not Romania will benefit from the project. Because higher capacities in Europe also enable other countries to buy green energy from abroad.

Also interesting:

Source: https://www.basicthinking.de/blog/2022/11/15/groesster-solarpark-europas-rumaenien/

SAP Human Capital Management | Personnel management digital

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SAP Human Capital Management is a comprehensive solution for digitizing and automating HR processes. With it, companies can tackle HR challenges such as demographic change and the shortage of skilled workers and meet the growing demands of employees.

What is SAP HCM?

SAP ERP HCM is an on-premise solution from SAP for Digitization of HR from companies. The system collects data from all HR areas and helps to make operational and strategic decisions based on reliable information. The integrated HR management system from SAP HCM can map the entire employee cycle with various modules.

SAP Human Capital Management helps companies digitize and automate their HR.

The big advantage is that the modules, such as organizational management and e-recruiting, are logically linked. Alternatively, all SAP HCM modules can also be used individually. There are also Hybrid solutions from on-premise and cloud possible. For example, payroll accounting can be done on-premise (on your own server), while recruiting and talent management can be done in the cloud with SAP SuccessFactors.

Benefits and advantages of SAP HCM

The administration effort in human resources is comparatively high. At the same time, strategic tasks such as personnel recruitment, retention and development are increasing. SAP HCM helps with that Digitization and automation of personnel processes, so that employees can focus more on strategically important tasks. SAP Human Capital Management offers the following advantages:

  • map all personnel processes centrally
  • Maintain personnel master data centrally
  • find suitable talents more quickly and easily
  • retain employees over the long term
  • Ensure strategy and goal alignment of the company
  • comprehensive reporting options

Ultimately, the focus of the software is to help companies Simplification and shortening of personnel processes to help. Examples include digital vacation requests and the partial automation of payroll accounting.

SAP HCM modules

The SAP HCM Suite consists of numerous modules and sub-modules. At this point, we present what we consider to be the relevant components with which companies can successfully digitally map their human resources and make them future-proof.

SAP HCM: Personnel Administration (PA-PA)

The personnel administration module is the central component of SAP HCM personnel management and also the basis for using other modules such as payroll accounting. With the personnel administration is one Efficient collection and maintenance of employee data such as name, address and personnel number.

Graphics: SAP ERP HCM Personnel Administration V2

It provides standard reports for a flexible evaluation of personnel data and supports personnel cost planning and staffing of positions with personnel master records.

SAP HCM: Organisationsmanagement (OM)

With organizational management, the functional organizational structure of companies and the reporting structure can be mapped and analyzed in order to Carry out personnel requirements and personnel cost planning.

Graphic: SAP ERP HCM organizational management

It offers a high degree of integration with other SAP HCM components, so the organizational management reporting structure forms the basis for workflow management. In addition, the simulation of possible new structures is possible by designing additional organizational structures as planning scenarios.

SAP HCM: Personalabrechnung (PY)

Payroll accounting not only has to meet company-internal peculiarities, but also legal requirements. The module maps these correctly, so that a Payroll accounting according to the individual and legal regulations can be created. Many best-practice use cases are already included in the standard, making it easy to get started.

SAP HCM: E-Recruiting (PA-ER)

The e-recruiting component digitizes the recruitment process and covers all processes: from planning and budgeting to the search and hiring of employees. Communication with applicants can be partially automated, giving HR managers more time for other tasks. In addition, e-recruiting also supports the Development and long-term retention of employees.

SAP HCM: Personnel Cost Planning and Simulation (PA-CP)

With the personnel cost planning module, companies can plan the development of employee wages and salaries as well as ancillary personnel costs on the basis of comprehensive and realistic data. In addition, different Simulate planning scenarios with different assumptionsto analyze the impact. The planning data generated in personnel cost planning can also be used in subsequent processes, for example for overall company planning in controlling.

SAP HCM: Time Management (PT)

Personnel time management is used for the flexible display and recording of working times as well as the digital application and approval of absences.

Graphic: SAP ERP HCM Personnel Time Management

The module enables an evaluation of the working hours taking into account legal, individual, company and collective working time regulations. Employees can view time information such as their personal time account via self-service, which relieves the HR department.

SAP HCM: Personnel Development (PD)

The HR development module from SAP HCM helps companies Recognizing employee potential in order to promote and use it in a targeted manner. Since the current status of employee qualifications can be evaluated at any time, vacant positions can be filled quickly and optimally with internal employees. Talent management also supports career and succession planning.

SAP HCM: Training and Event Management (PD)

The event management is for the Planning, implementation and management of events such as further training measures for employees or corporate events. It has numerous interfaces to other components of SAP HCM such as organization management, personnel administration or personnel development. In the event of changes, for example a new qualification as part of further training, these are entered directly in the personnel master data.

SAP ERP HCM ESS/MSS (Employee/Manager Self-Services)

With the web-based employee and manager self-services from SAP HCM, employees and managers can take on administrative tasks themselves – via mobile apps from any device. This relieves the HR department and accelerates work processes such as creating and processing vacation requests or the updating of personnel master data. The involvement and encouragement of self-organization also increase employee satisfaction.

SAP HXM compared to SAP HCM

SAP has now largely replaced the term HCM in its HR products and henceforth calls them HXM (English for Human Experience Management). With the renaming of the product name, SAP is pursuing a new approach. Classic HCM primarily collects quantitative data. For example, the number of terminations can be measured, but the reason for termination is not recorded. SAP Human Experience Management on the other hand, also collects qualitative data such as empirical data, so that the reason for termination can be raised. SAP HXM should not be understood as a completely new product, but rather as a further development of SAP HCM geared towards end users. It should include the needs and motivation of the employees more and create an appealing employee experience.

How to migrate SAP HCM to S/4HANA?

If a company decides to migrate to SAP S/4HANA, it can only use SAP Human Capital Management with the help of compatibility packs. The new solution SAP Human Capital Management for SAP S/4HANA (SAP H4S4) is an alternative gradual transition from on-premise products to the cloud. SAP H4S4 is fully integrated into the SAP HANA suite and has extensive functionalities in personnel time management and payroll accounting, which will not be available in the SAP SuccessFactors modules for the foreseeable future. There will be no way around this cloud-based HCM solution from SAP in the long term, as SAP’s strategic focus is clearly on cloud use.

Future of HCM: SAP SuccessFactors

The cloud-based SAP SuccessFactors is already offered in parallel with SAP ERP HCM. SAP SuccessFactors offers almost the same functions as SAP HCM, but in some cases more developed and for the Cloud optimized shape. As a cloud solution, the HR software can be accessed from anywhere and offers a user-friendly interface that adapts to the respective end device. Like the on-premise solution, it consists of various components that map the employee lifecycle. The cloud solution supports HR managers, among other things, in recruiting new talent, with onboarding and personnel development through central and structured learning management.

Conclusion

The HCM solution from SAP is a comprehensive tool that HR departments can use master current challenges such as the shortage of skilled workers be able. Thanks to the modular structure, customers only pay for the modules that are actually required. The cloud-based SAP SuccessFactors has already succeeded SAP Human Capital Management and offers a high degree of future security. Companies that are still on-premise and cannot switch to the cloud for the time being will receive a strong interim solution with SAP H4S4, which they can use until at least 2040.

HR challenges such as the shortage of skilled workers can be met with SAP HCM and in particular with the successor solution SuccessFactors. The HR products from SAP enable digitization and automation of personnel processes, intelligent recruiting and talent management and better collaboration thanks to social and mobile ERP. Under the “Analytics” flag, flexible reports and forecasts can also be generated, which can significantly optimize strategic decisions in human resources.

Box: We would be happy to assist you with the digital HR transformation of your company and make your processes fit for the future. Visit our website and contact us for a first non-binding consultation!

SAP HCM uses CONET

With CONET HCM consulting, you benefit from our many years of experience in the HCM field with numerous well-known and satisfied customers.

Our SAP HCM services

Was this article helpful to you? Or do you have further questions about SAP HCM? Write us a comment or give us a call.


Photo: Niklas Ludwig

Niklas Ludwig has been Communication Manager at CONET since March 2020 and is responsible for the internal and external communication of the CONET group of companies.

Source: https://www.conet.de/blog/sap-human-capital-management/

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