Why Data Exchange?
In every industry, the ability of organizations to exchange data internally and externally is a powerful enabler to solving business challenges driven by rapidly evolving customer needs, critical societal and environmental changes.
With the explosive growth of data supply and demand, smart use of internal and external data is essential to maximize value creation by improving efficiency and productivity, fostering innovation, generating direct and indirect revenue streams and increasing company value. Data exchanges, data hubs, data sharing and data marketplaces accelerate and facilitate data circulation amongst many stakeholders, allowing them to source, distribute, share, exchange and commercialize data securely, in full compliance with data regulations.
In line with your business goals and data strategy, Dawex Data Exchange technology allows you to deploy open data, free or monetized business models and multiple use cases including internal data exchange, data sourcing, free data sharing, open data, data monetization and data marketplace orchestration between customers, suppliers, partners, subsidiaries and many other organizations within your ecosystem and beyond. Dawex Data Exchange technology adds powerful governance, security and traceability layers to help organizations industrialize and scale data exchange activities. It also supports various data exchange models, from managed to decentralized to hybrid, that will meet your data exchange requirements and adapt to your infrastructure precisely.
Data Exchange is a must-have capability for organizations seeking to become truly data-driven —improving efficiency, generating new direct and indirect revenue streams, mitigating risks, increasing company value and ultimately creating a competitive advantage within their ecosystem and beyond.
