Industrial Data Space is the “data hinge” between Smart Services and Industry 4.0 production and logistics.
Smart Services provide companies with the opportunity to stand out from the competition. But they increase the complexity of supply chains and production processes enormously. The solution lies in autonomizing and networking production and logistics, i.e. industry 4.0.
Both need data: about customers and their context (i.e. location, preferences etc.), about products and goods. This data can now be exchanged by everybody, with everybody in the market.
Industrial Data Space forms a foundation for industry 4.0 by enabling secure and certified data exchange between companies without the data owners losing sovereignty, i.e. control, over their own data. It therefore helps to utilise and spread smart service concepts.
Industry 4.0 is not the only topic the Industrial Data Space Association focuses on. The user association and its companies also address the digital economy in its entirety – industries, services and the retail trade.