Published: 30 January 2024
Summary
Manufacturing CIOs are challenged to leverage data from digitalization programs owned by different stakeholders. This report, the first of two, sets the foundation for a data strategy in four steps that include data views and alignment, and the integration of IoT data into master data management.
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Overview
Key Findings
Manufacturers have a complex mix of data sources and repositories that often sit in silos with limited transparency and lack of integration, preventing fast strategic decisions.
Data owners are either not assigned or are frequently at odds about data value, risk and the benefit of efforts to drive it to combined value chains. That often convolutes the investment and utilization of master data management (MDM).
Manufacturers require an orchestrated framework and process to develop, curate, update, and offer structured and unstructured data (for example, real-time and IoT data) to the business.
Data models often lack references to source data, IoT and
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