The Fraunhofer Institute for Integrated Circuits IIS is one of the world’s leading application-oriented research institutions for microelectronic and IT system solutions and services. It is the largest of all Fraunhofer Institutes. In the area of “Audio and Media Technologies”, the institute has been shaping the digitalization of media for more than 30 years with mp3 and AAC, Digital Cinema. It is working In VR, automotive sound systems, mobile telephony, streaming and broadcasting. In the context of “cognitive sensor technologies”, IIS researches technologies for sensor technology, data transmission technology, data analysis methods and the exploitation of data as part of data-driven services and their accompanying business models. The results of this research have been applied in the areas of connected mobility, communication and application solutions for the Internet of Things, digitalization of human sensing, product and material monitoring, and business analytics in supply chains.