Data spaces offer a standardised, scalable way to exchange information across industries. Picture: Getty Images As an early member of the Catena-X association, CGI is helping to develop and establish the first global automotive data ecosystem In today’s complex industrial landscape, companies struggle with high costs, regulatory pressures and fragile supply chains. Yet, despite the widespread push for digital transformation, many businesses fail to connect the dots between their challenges and the critical role of data. According to Ralf Schippert, Senior Vice President at CGI, “the key hurdle is that organisations don’t recognise data as the solution, when in fact it is the bridge that turns problems into opportunities.” This is where data spaces come into play, offering a standardised, scalable way to exchange information across entire industries without compromising data ownership or security. Rather than drowning in technical jargon, companies need to recognise data spaces for what they truly are: a practical tool for solving real-world problems—not an abstract technology concept. Businesses waste enormous resources managing fragmented data exchanges, making multiple connections with each customer and supplier. A data space simplifies this by providing one universal communication method that integrates seamlessly into existing systems. The benefits are undeniable: […]
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