By using our website, you are agreeing to cookies being stored and Google Analytics being used on your device in order to offer the best possible service. You can find more information on thishere.
Austria.
Where Great Emphasis is Put on Research.

An algorithm designed to make the music industry fairer

Peter Filzmoser and Nermina Mumic © Vienna University of Technology

Up until now, music labels and bands have been forced to rely on large music platforms to pass on correct figures and pay correct fees. A technology developed by the Vienna University of Technology is now designed to provide greater clarity. The statistician Nermina Mumic developed mathematical tools in cooperation with Professor Peter Filzmoser and Radostina Kostadinova enabling fraudsters to be identified with a high degree of reliability. In this way, the music industry should become more transparent and fairer.

Nermina Mumic of the Institute of Statistics and Mathematical Methods in Economics of the Vienna University of Technology has analyzed huge data records with more than 100 million individual observations from the music industry. The result of this research work is a tool to combat fraud which could revolutionize the music industry. Original data from the music industry was manipulated on a trial basis in order to test the new statistical tools. “Our software detected more than 92 percent of the cases of manipulation”, says Mumic. “This is an extremely good rate and we believe we can improve it even more.” The only possibility to outsmart the software would be an agreement on the part of all music providers across the globe to falsify all data in a precisely aligned manner, and this is extremely unrealistic. 

Share on Facebook Share on Facebook Share on Twitter Share on Twitter Share on Linkedin Share on Linkedin

Testimonials

Events

Meet us at events, seminars and trade shows - worldwide.

  • Ukrainian-Austrian Business Forum

    27.4.2021/ 14.00 (CET) , Online Conference

  • Meet us @ Open Vienna - A Thriving Startup Ecosystem

    28.04.2021/ 9.15 am - 1.30 pm (CET), Online Conference

Austria Map

Find the perfect location for your company

Thanks to a fantastic mindset, our employees at the Villach site have built up a unique expertise which helps us to further strengthen our position on the global market. We fuse high-performance manufacturing with research and development in the field of power electronics. In addition to a very good cooperation with partners and networks, a well-developed landscape of 'talent factories' ranging from higher technical colleges to universities, we as a company also value the outstanding model of research promotion which exists in Austria.

Infineon

Logo Infineon
More testimonials

news from the business location Austria

Medical University of Vienna and Vienna General Hospital: Expertise for lung transplants in cases of COVID-19

In May 2020, a team led by thoracic surgeon Konrad Hoetzenecker of the Department of Surgery of the Medical University of Vienna (MedUni Vienna) and Vienna General Hospital performed a lung transplant on a 44-year-old patient who had been seriously ill with COVID-19, making her the first patient in Europe to receive a lung transplant for this indication.

Shared Mobility in Austria!

"A green planet with mobility from everyone, for everyone" has continuously been the motto of GO Sharing.

More news All blog posts