Published: 22 February 2024
To enable use of diverse IT and business data to drive business decisions, manufacturing CIOs need a scalable, value-driven data exchange process. By applying principles of data and analytics governance, CIOs can provide the data quality needed to enable data exchange across complex ecosystems.
Identifying valuable and trusted data assets can be difficult and time-intensive because of their large volume and complexity across larger ecosystems.
Business users increasingly require business data that includes environmental, social and governance (ESG)- and sustainability-related data for reporting and operational outcomes. However, this data lacks standardization, structure and governance around metadata and data management.
CIOs often lack stakeholder buy-in due to the complexity of business models across partners, regions, ecosystems and supply chains.
Data exchange strategies often lack the business momentum or utilization internally and commercial success externally, which diminish the return of investment.
Manufacturing and transportation CIOs should:
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