TECH BUYER Apr 2022 - IDC Perspective - Doc # US48962822

The Why and the How of Shared Data in Industry Ecosystems

By:

Lynne Schneider
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,
Jeffrey Hojlo
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Abstract

This IDC Perspective discusses the why and the how of shared data in industry ecosystems. Shared data and insights, in the context of an industry ecosystem, can provide many benefits including better decision making, better cross-enterprise collaboration, and reduced costs. The opportunity is real, but there are different roads (and technologies) that can be deployed toward industry ecosystem advantages.

"Creating value from shared data and insights takes both planning and fit-for-purpose solutions, such as data marketplaces," says Lynne Schneider, research director, Data as a Service, IDC.


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