Data Sharing

Assembly Line

Our connected future: How industrial data sharing can unite a fragmented world

📅 Date:

✍️ Author: Peter Herweck

🔖 Topics: Manufacturing Analytics, Data Sharing

🏢 Organizations: AVEVA

The rapid and effective development of the coronavirus vaccines has set a new benchmark for today’s industries–but it is not the only one. Increasingly, savvy enterprises are starting to share industrial data strategically and securely beyond their own four walls, to collaborate with partners, suppliers and even customers.

Worldwide, almost nine out of 10 (87%) business executives at larger industrial companies cite a need for the type of connected data that delivers unique insights to address challenges such as economic uncertainty, unstable geopolitical environments, historic labor shortages, and disrupted supply chains. In fact, executives report in a global study that the most common benefits of having an open and agnostic information-sharing ecosystem are greater efficiency and innovation (48%), increasing employee satisfaction (45%), and staying competitive with other companies (44%).

Read more at AVEVA Perspectives