target audience: TECH BUYER Publication date: Aug 2023 - Document type: Tech Buyer Presentation - Doc Document number: # US51170323
Taking Advantage of Best Practices in Industry Ecosystem Data Sharing
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Abstract
This IDC Tech Buyer Presentation discusses how to take advantage of best practices in industry ecosystem data sharing. Shared data is foundational to being able to create value in an industry ecosystem. Whether it is using it to bolster trust, pool data assets, or draw insight that one enterprise could not do on its own, it is a must-have for successful ecosystems.
Although enterprises are beginning this journey to shared data excellence, there's no ubiquitous use case or universally accepted measure of shared data and insight success.
Four key areas of use cases and metrics illustrate how motivation, methods, and outcomes are tied together:
- Customer experience
- Supply chain
- Environmental, social, and governance
- Monetization (of shared data)
This presentation includes data from worldwide Future of Industry Ecosystems Survey, May 2023, and Data as a Service and Data Marketplaces (Worldwide/North America External Data Users), April 2023.