Industry Data Space

An Industry Data Space is a data ecosystem where several partner organizations decide to share or exchange data products for common business or industrial objectives. 

The data assets that the participant organizations own have a collective value as they can, if exchanged, improve collectively business and industrial operations.

Data products can be shared as free commercial data through collective agreements, or commercialized as in a data marketplace model. Data providers can control their data products visibility and access rights, at all times. 

An Industry Data Space generally includes vertical business applications and processing environments that can easily interoperate with the Dawex Data Exchange technology.

The orchestrator is the legal entity that manages the Industry Data Space, including participants’ recruitment, onboarding and vetting. It sets the business model regulating the platform, enforces compliance, security and trust policies, manages operations and monitoring. 

Data providers and data acquirers are partner organizations of the Industry Data Space, that agree to the governance rules and exchange data products based on predefined use cases. 

Depending on the Industry Data Space model, any type of organizations can participate such as suppliers, customers, service providers, logisticians, public organizations, shareholders, consulting or financial institutions.

Your organization’s needs and requirements may evolve over time and you might want to mix an Industry Data Exchange with another data exchange model.

Discover other data exchange models powered by Dawex Data Exchange technology and learn more about Corporate Data Hub or Data Marketplace.