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Alleviating the curse of dimensionality in minkowski sum approximations of storage flexibility
(2023)
Many real-world applications require the joint optimization of a large number of flexible devices over some time horizon. The flexibility of multiple batteries, thermostatically controlled loads, or electric vehicles, e.g., can be used to support grid operations and to reduce operation costs. Using piecewise constant power values, the flexibility of each device over d time periods can be described as a polytopic subset in power space. The aggregated flexibility is given by the Minkowski sum of these polytopes. As the computation of Minkowski sums is in general demanding, several approximations have been proposed in the literature. Yet, their application potential is often objective-dependent and limited by the curse of dimensionality. In this paper, we show that up to 2d vertices of each polytope can be computed efficiently and that the convex hull of their sums provides a computationally efficient inner approximation of the Minkowski sum. Via an extensive simulation study, we illustrate that our approach outperforms ten state-of-the-art inner approximations in terms of computational complexity and accuracy for different objectives. Moreover, we propose an efficient disaggregation method applicable to any vertex-based approximation. The proposed methods provide an efficient means to aggregate and to disaggregate typical battery storages in quarter-hourly periods over an entire day with reasonable accuracy for aggregated cost and for peak power optimization.
This thesis evaluates the feasibility of conducting visual inspection tests on power industry constructions using object detection techniques. The introduction provides an overview of this field’s state-of-the-art technologies and approaches. For the implementation, a case study is then conducted, which is done in collaboration with the partner company OMICRON Electronics GmbH, focusing on power transformers as an example. The objective is to develop an inspection test using photographs to identify power transformers and their subcomponents and detect existing rust spots and oil leaks within these components. Three object detection models are trained: one for power transformers and sub-components, one for rust detection, and one for oil leak detection. The training process utilizes the implementation of the YOLOv5 algorithm on a Linux-based workstation with an NVIDIA Quadro RTX 4000 GPU. The power transformer model is trained on a dataset provided by the partner company, while open-source datasets are used for rust and oil leak detection. The study highlights the need for a more powerful GPU to enhance training experiments and utilizes an Azure DevOps Pipeline to optimize the workflow. The performance of the power transformer detection model is satisfactory but influenced by image angles and an imbalance of certain sub-components in the dataset. Multi-angle video footage is a proposed solution for the inspection test to address this limitation and increase the size of the dataset, focusing on reducing the imbalance. The models trained on open-source datasets demonstrate the potential for rust and oil leak detection but lack accuracy due to their generic nature. Therefore, the datasets must be adjusted with case-specific data to achieve the desired accuracy for reliable visual inspection tests. The results of the case study have been well-received by the partner company’s management, indicating future development opportunities. This case study will likely be a foundation for implementing visual inspection tests as a product.
The fact that services have emerged a driving force and the fastest growing sector in international trade attracts researchers to follow the changes taking place in the service industry. This study extends the scientific discussion on internationalization of service firms. Unlike previous research that examined factors that influence a single firm’s decision to internationalize, I acknowledge the heterogeneity of services, and based on the results obtained from secondary analysis of primary qualitative data sets, answer the main research question how internationalization motives differ between people-processing services, possession-processing services, and information-based services. This research goes beyond identification of variation in internationalization motives and analyses the service characteristics that might be responsible for the differences. In addition, I assess the key trends in the service sector and predict the possible future internationalization motives that are likely to emerge from the current trends.
Findings of this study reveal two major issues. First, it is evident that reasons for internationalization differ among hotel, retail firms and Higher education institutions representing people-processing services, possession-processing services, and information-based services respectively. Second, a few motives are common across sub-sectors, however the significance of the motives vary from sub-sector to sub-sector. I conclude that the differences in underlying structures of the respective service sub-sectors is the fundamental cause for the variation in internationalization motives among service sub-sectors. Other factors such as distinctive characteristics of service, firm’s competitive strategies, income elasticity of demand, and life-cycle stage of the service sub-sector also contribute to the differences in internationalization motives.
This paper also presents three different factors, which are likely to emerge as significant factors that influence service firm internationalization decision in future. (1) Company’s urge to be socially responsible and the need to contribute towards the environmental well-being (2) The need to sell regional products and services to neighbouring nations and respond to consumers’ demand for sustainable consumerism (3) Decision to penetrate foreign markets facilitated by the low risks and low cost of internationalization.
Although pilot projects are an accepted means of entry into prospects, research on the object of startups selling SaaS and use pilots to enter and to further scale within their prospect’s organization is limited. The reader can expect a collection of key practices of SaaS startups in the field of Decision Support Software. These combine the main sales-oriented elements within pilot projects that are reflected on by Customer Success Management, Change Management as well as cultural dimensions. Explorative interviews, mainly with stakeholders in Decision Support Software startups, were conducted to further gain an understanding of the research object. Results indicate that pilots are strategically used in the sales of such startups to simultaneously deal with their customer’s uncertainties and as a means for the startups to get commitment and increase their value proposition through the additional service that they offer in order to acquire an internal support basis. Customer Success Management as well as Change Management are furthermore advantageous in quickly achieving measurable results that leverage buyers and seller’s justification for further sales.
Offline speech to text engine for delimited context in combination with an offline speech assistant
(2022)
The inatura museum in Dornbirn had planned an interactive speech assistant-like exhibit. The concept was that visitors could ask the exhibit several questions that they would like to ask a flower. Solution requirements regarding the functionalities were formulated, such as the capacity to run offline because of privacy reasons. Due to the similarity of the exhibit, open-source offline Speech To Text (STT) engines and speech assistants were examined. Proprietary cloud-based STT engines associated with the corresponding speech assistants were also researched. The aim behind this was to evaluate the hypothesis of whether an open-source offline STT engine can compete with a proprietary cloud-based STT engine. Additionally, a suitable STT engine or speech assistant would need to be evaluated. Furthermore, analysis regarding the adaption possibilities of the STT models took place. After the technical analysis, the decision in favour of the STT engines called "Vosk" was made. This analysis was followed by attempts to adapt the model of Vosk. Vosk was compared to proprietary cloud-based Google Cloud Speech to Text to evaluate the hypothesis. The comparison resulted in not much of a significant difference between Vosk and Google Cloud Speech to Text. Due to this result, a recommendation to use Vosk for the exhibit was given. Due to the lack of intent parsing functionality, two algorithms called "text matching algorithm" and "text and keyword matching algorithm" were implemented and tested. This test proved that the text and keyword matching algorithm performed better, with an average success rate of 83.93 %. Consequently, this algorithm was recommended for the intent parsing of the exhibit. In the end, potential adaption possibilities for the algorithms were given, such as using a different string matching library. Some improvements regarding the exhibit were also presented.
Cultural Due Diligence
(2020)
Much research has been conducted in recent years to discover the reasons for the high failure rate of M&As, whereas one frequently cited reason is the incompatibility of the corporate cultures. In order to minimize this risk and to be able to react to these differences already at an early stage, Cultural Due Diligence offers itself as part of the due diligence process. Unlike existing, more general research, I emphasize the cultural challenges companies face when investing transnationally with this thesis. Using the results of a single case study with inductive character, I answer the question how to conduct Cultural Due Diligence in cross-border M&As and propose an appropriate model. The findings reveal that especially in cross-border M&As, cultural incompatibility poses a risk for failure. I was able to find out that companies that seek to grow internationally with M&As deal with similar issues in terms of corporate culture as pointed out in existing Cultural Due Diligence methods. The present study, however, shows that national culture has a great influence on corporate culture, which is why it is essential to include it in the cultural assessment in cross-border acquisitions. This provides information about why there are differences, besides the fact that they exist. Only this understanding puts a company in the appropriate starting position to recognize differences, understand them, assess whether these differ-ences are acceptable, as well as to develop appropriate strategies to address them in the integration phase.
Purpose: In this thesis the viable system model (VSM) is used as a framework to develop a model for the management of a business alliance that contains the necessary and sufficient conditions for maintaining synergy of its constituent organisations and for adapting to a changing environment so that it can remain a long-term viable alliance. In addition, a model is developed that makes explicit the inherent link between the VSM and the core elements of knowledge management theory. Based then on the alliance management model and the link established between the VSM and knowledge management, an application framework is developed to guide practitioners in defining necessary alliance management functions and relationships, the knowledge required by that management to fulfill those functions, and the processes that need to be in place to manage that knowledge. Design/strategy: The research has been divided into four phases: theoretical construction, refinement with practitioners, real-world application, and evaluation of test case and toolset. The researcher has worked closely with practitioners actively involved in the formation of a new international alliance to develop a VSM model and application framework for the alliance management. Formally, the research strategy has been defined as an action research and the research philosophy as one of pragmatism. Findings/limitations: The developed application framework, has been successfully used to identify absent and incomplete roles, actions, and interactions within the management of the specific alliance test case. This has helped to demonstrate how the application framework and VSM model can be used to diagnose and, most importantly, to articulate and visualise management deficiencies to facilitate clear and unambiguous discussions. The timing of this cross-sectional research did not allow the application framework to be utilised from the outset of the alliance formation as an organisational planning tool and also not to its full extent to support the development of knowledge processes for the alliance management. However, the step-by-step approach used in developing the toolset and then explaining its application will allow the reader to judge its credability and generalisability for other practical applications. Practical implications: The developed toolset consists of a VSM for an alliance management, job descriptions for that management (responsibilities, interfaces, and core competencies), a visual model illustrating the link between the VSM and knowledge management, and an application framework to guide the filling of the alliance management job descriptions in phases of recruitment, onboarding, and development (of interfaces and activities processes). Overall, one could say that the conditions prescribed by the VSM are rather obvious and yet, as seen by the specific alliance test case, many of these conditions have been completely overlooked by a management that was more than capable, willing, and empowered to enact those conditions. This gives a good indication that the toolset which has been compiled in a visual and tabular systematic fashion may well be useful to practitioners for the organisational planning of an alliance management. The visual representation of a management role in the VSM as a set of knowledge episodes put forward by this research is significant. It forces the express recognition that knowledge management is an integral part of every interaction that takes place and every action performed that, according to the VSM, are necessary and altogether are sufficient for viability. It means that knowledge management cannot be considered as some abstract topic or unnecessary overhead or afterthought – it is entirely necessary, practical and forms a natural course of events during design of action/interaction processes. In other words, if an organisation is viable then, by definition, it does knowledge management whether or not it is formally recognised as such. The VSM, by defining necessary and sufficient actions and interactions for its roles, therefore provides a focus for relevant knowledge and serves as a tool for structured knowledge management. Originality/value: This research addresses a general academic call for hands-on insights of VSM applications by sharing real-world insights, artifacts and reflections generated by a practical and relevant organisational management application. It also addresses the potential, recognised by academics, for VSM as a framework for knowledge management by developing an intuitive model linking those theories and then using that model as part of a framework to guide its application. The introduction to aspects of knowledge management theory relevant to the model developed as well as the meticulousness and comprehensive explanation of the VSM provides a solid theoretical foundation for practitioners. The developed toolset is based on existing theories from multiple fields of research that have been logically linked and extended in an original and novel manner with a strong focus on practical application. This researcher’s hope is that this will stimulate interest for future research and practical application from academics and practitioners alike.
The research focused on the wood pellet market for private consumers in Germany and has the objective to understand the factors affecting the purchase decisions of wood pellets buy-ers. The aims of the research were achieved by applying the Engel, Kollat, Blackwell model of consumer behaviour, by conducting in-depth interviews and deriving the grounded theory. The application of EKB model revealed that the following groups of factors may influence the con-sumers: cultural (culture and social class), social (family influence), personal (age and lifecycle stage), psychological (believes, motives, attitudes) and unexpected circumstances. In-depth interviews with the buyers of wood pellets helped specify the influencing factors to finally an-swer the research question. The analysis showed that the buyers of wood pellets are influ-enced by family, personal believes and attitudes, and the unexpected circumstances. The most important factors for the buyers are the quality of the pellets and reliability of the supplier. If they are satisfied with the quality of product and service, they will be reluctant to look for an alternative. And on the opposite side, in case the quality of the product or the service is unsat-isfactory this is a limiting factor and will stop the buyer from purchasing this product. Price is an important factor for the buyers of pellets in bags. However, in the situation of volatile mar-ket and exploding prices, the price factor will play a bigger role. Thus, the strategic factors for marketing of pellets is to concentrate on quality and price communication, and to focus on the quality of pellet delivery service.
The number of electric vehicles will increase rapidly in the coming years. Studies suggest that most owners prefer to charge their electric vehicle at home, which will fuel the need for charging stations in residential complexes where vehicles can be charged overnight. Currently, there already are over 100 such residential complexes, with another 70 added every year in Vorarlberg alone. In most existing residential complexes, however, the grid connections are not sufficient to charge all vehicles at the same time with maximum power. In addition, it is also desirable for grid operators and electricity producers that the power demand be as smooth and predictable as possible. To achieve this, ways to manage flexible loads need to be found, which can operate within the technical constraints. Therefore, the most common scenarios how the load can be made grid-friendly with the help of optional battery storage and/or photovoltaics using optimization methods of linear and stochastic programming were examined. At the same time, the needs of the vehicle owners for charging comfort - namely to find their vehicles reliably charged at the time of their respective departure - were addressed by combining both objectives using suitable weights. The algorithms determined were verified in practice on an existing Vlotte prototype installation. For this purpose, the necessary programs were implemented in Python, so that the data obtained during the test operation, which lasted one month, could be subjected to a well-founded analysis. In addition, simulation studies helped to further reveal the influence of PV and BESS sizing on the achievable optimums and confirm that advanced optimization algorithms such as the ones discussed are a vital contribution in reducing the charging stations’ peak load while at the same time maintaining high satisfaction levels.