Corporate data hub

Operate your own data hub to break down silos and facilitate data circulation within your organizations.

What is a corporate data hub?

Multinational corporations are complex organizations, with multiple business units and subsidiaries operating independently in different places of the world. As a consequence, they often struggle with data unification challenges and operate multiple data lakes, data warehouses or other data platforms that do not interoperate well.

This results in the creation of data silos, with business units or subsidiaries failing to share value-added data products with each other, which impedes the ability to improve market knowledge or operations, or to monitor CSR objectives.

A Corporate Data Hub allows organizations to break data silos, regardless of the data platforms used as infrastructures, and extracts maximum value from the data spread across your organizations by enabling 

  • Data providers to publish and market their data products internally
  • Data acquirers to search, quickly find and access data products

What are the benefits of a corporate data hub?

By breaking down silos internally and facilitating data circulation, a Corporate Data Hub generates several benefits to organizations:

  • Better understanding of the market: Share market data between corporate organizations, in full trust and compliance, to foster product innovation and boost marketing levers
  • Operational improvements: Share data between plants and headquarters in different regions to drive process optimizations, reduce inefficiencies, drive costs down, and spread best practices
  • Reaching CSR objectives: Consolidate CO2 footprint in your plants, monitor CSR initiatives and results, report easily to stakeholders
  • Industrializing reporting: Streamline your reporting from multiple organizations, industrialize the process and formats, manage reporting visibility
process_optimization

How does it work

In a corporate data hub, the participants are essentially users from various subsidiaries and business units of the same corporation.

The users publish and maintain their data products, in various fields such as Administrative, Finance, Marketing, Sales, Operations or CO2 footprint. The authorized people can search, discover and acquire these data products, generally for free. 

A mix of file-based, API-based and decentralized data exchanges is used. 

The transactions are all recorded and covered by a specific license of use, and must conform to the data regulations in place

A corporate data hub can be empowered with data visualization tools or processing tools connected to the data exchange services.

Other models

Your organization’s needs and requirements may evolve over time, and you might want to mix a corporate data hub with another data exchange model.

Discover other data exchange models powered by Dawex Data Exchange technology, and learn more about: data marketplace, data shop or industry data hub.

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