What is a data space?
A data space is a trustworthy network in which cross-industry and cross-company data can be exchanged automatically and confidently in order to increase efficiency and enable new value creation.
Unique selling points compared to a central platform:
Decentralization.
The infrastructure is not dependent on third-party companies and therefore differs significantly from cloud providers and proprietary platforms. There are no lock-in effects.
Data sovereignty.
Companies retain control at all times over who data is shared with and how it is used.
Interoperability.
Thanks to standardization, the data rooms are interoperable. If a company connects to a data space in Manufacturing-X, it gains access to the apps and services of all other data spaces in this ecosystem.
Market access for all companies.
All companies have the same access to the data ecosystem. Small and medium-sized enterprises in particular benefit from this market access.
How does the data exchange work?
