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Data Spaces in Manufacturing

Publisher IDC
Published Mar 29, 2024
Length 12 Pages
SKU # IDC18658435

Description

Data Spaces in Manufacturing


This IDC Perspective analyzes the key drivers of today's proliferation of business data spaces and their implications for shop-floor processes. It outlines different roles, data flow scenarios, and examples of data spaces as gathered from IDC research and interactions with companies active in these initiatives."Manufacturing data spaces focus on how data is transformed into insights to create high-value differentiators for products, customers, and markets. They also indicate how effectively organizations deliver meaningful, value-added learning predictions, and actions that improve engagement, processes, enterprise decision making, and resilience," said Lorenzo Veronesi, associate research director, IDC. "The success of data spaces depends on collaboration within and across enterprises which requires seamless exchange of information and inter-enterprise collaboration. This collaboration leads to transparency in decision making and trust among participants."

Please Note: Extended description available upon request.

Table of Contents

12 Pages
Executive Snapshot
Situation Overview
Roles Within Manufacturing Data Spaces
Data Flow Scenarios
A Sample of Industrial Data Spaces
Information Exchange Model
Goal
Key Characteristics
The Role of Technology
Shared Application Model
Goal
Key Characteristics
The Role of Technology
Goal
Key Characteristics
The Role of Technology
Advice for the Technology Buyer
Learn More
Related Research
Synopsis

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