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3 questions for Harald Schöning about the Expertise “Aufbau, Nutzung und Monetarisierung einer industriellen Datenbasis”

Bild: ©Software AG
Munich, 07 December 2022

1. The use of data will be crucial to the manufacturing industry’s competitiveness in the future. A challenge for companies is often data availability. What means can you improve this in the short and long term?

H. Schöning:

Almost everyone wants to use data, but they don’t want to pass on data themselves. As long as this asymmetry is not broken, there will be no functioning data economy. In order to achieve this, trust must above all be created that the data passed on will not be used against your own company, e.g. in price negotiations or by competitors. Trustworthy intermediaries can help here. Furthermore, the (commercial) advantage of data transfer must also be visible to companies. However, regulation by the EU or the federal government can also be counterproductive on this point, as can be shown using the example of the Data Governance Act (DGA).

2. How effective do you rate the use of an industrial database and what advantages does the economy/a company hope to gain from it?

H. Schöning:

A shared data room has great potential for the participating companies in terms of leveraging synergy effects, cross-company optimisation and saving resources. Benefits can also be expected in sustainability and supply chain reporting.

3. Is such a database suitable for every company and can it be implemented with little effort? What difficulties do companies face when creating and using a database?

H. Schöning:

Internally, every company, regardless of its size, will sooner or later have to create a database in which the company’s relevant data flows together. The effort is primarily in planning and initiation. Advice may be required here. To ensure that “data graveyards” are not created, it must be clear from the start what is to be achieved with the data – but there are always sensible use cases.

The publication of the Research Council Industrie 4.0
can be found here.

  • Publication

    Cover of the publication “Establishment, Use and Monetisation of an Industry Data Pool”

    Establishment, Use and Monetisation of an Industry Data Pool (Expert Report)

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    Research Council Industrie 4.0

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