As more industrial devices become connected, the need to securely share data between different businesses and with consumers grows. Additionally, smart manufacturing in the AI era requires AI algorithms to have access to reliable and secure data.
Dawex provides data exchange SaaS platform solutions for organizations and has developed technology that enables organizations to build their own data ecosystems. Establishing best practices for data exchange, as Dawex was invited to speak at the World Economic Forum’s annual event in Davos in 2022, where he spoke on strengthening trust in public-private data exchange and highlighted best practices. We continue to work with many companies and policy institutions to achieve this goal. In building an impactful cross-border data ecosystem.
Creating an industrial data exchange
IoT sensors and AI-powered analytics provide a means to capture aftermarket opportunities as a service and monetize products. One of the most advanced industries in this regard is the automotive industry. In the automotive industry, manufacturers are transforming from product manufacturers to mobility service providers. This strategy is driven by managing a constant flow of data from the vehicle, proactively informing drivers of support decisions and assisting dealers in fleet management based on the real-time status of assets in the field. Masu.
In this world of digital transformation, ownership and control of the data that defines a product becomes interesting. Should the OEM keep that data as part of its own IP, or should the product owner acquire that data as part of a commercial agreement? and the ability to adopt 3D printing as part of repairability, the transfer of product data from the OEM becomes a fundamental requirement for organizations or consumers operating assets.
EU data law, which came into force in January 2024, means that connected products must be designed and manufactured in a way that allows businesses and consumers to easily and securely access, use and share the data they generate. . This is an area where Dawex plays a powerful role. In France, we are working with Schneider Electric, Valeo, CEA and Prosyst to build a reliable data exchange for the industry. Known as Data4IndustryX, it is part of France’s 2030 government investment plan.
Dawex is also working with players in this market as it assesses the requirements for increased industrial data flows in the Japanese market. Japan Data Exchange is Japan’s first data marketplace that already includes hundreds of organizations focused on industrial data exchange. Dawex recently hosted an event in Paris to further strengthen European-Japanese cooperation in this field, bringing together influential European and Japanese experts in the data space such as NTT Data, Hitachi, Fujitsu and the Japanese government. We gathered representatives from the institutions.
Who is Doex?
Dawex was founded in Lyon, France in 2015 and has been at the forefront of the data exchange technology market since 2017. The privately held company has 50 employees, performs all development work in France, and operates in the EU, US and Japan. The company quickly established that its technology’s value lies in organizations wanting to build their own data exchanges. As a result, Dawex currently has three solutions.
- Internal data exchange, corporate data hub
- Industry Data Hub, an industry-specific data exchange configurable for different industry ecosystems
- “Data Marketplace” is a data exchange that monetizes data by distributing it externally.
Dawex’s business is fairly evenly balanced between these three solutions, but all large enterprises rely on data lakes to organize their data and enable management of shared data along with licensing rights. We believe you need a centrally located enterprise data hub. For example, Bouygues Group uses Dawex technology for its corporate data hub.
Industrial data hubs are not a mass operation, with perhaps several emerging in each vertical, and Dawex is already working on a variety of initiatives in areas such as health, mobility, construction, space, and agriculture. For example, Hub One, a subsidiary of Groupe ADP, has added Dawex technology to its airport data exchange platform to accelerate data exchange between an ecosystem of airport partners, suppliers, and subcontractors at Parisian airports like Charles de Gaulle. has been selected as the Hub One Data Trust.
The company’s original product, Data Marketplace, is available to businesses that want to run their own data marketplace and generate additional revenue by monetizing and selling their data to external buyers. Dawex technology will thus be leveraged by his Mobivia, an automotive and mobility player, to establish a data marketplace to distribute data to suppliers and sell data to a broader aftermarket segment.
Fabrice Tocco, co-CEO of Dawex, said:
Our solutions are easy to implement and customize, making them virtually plug-and-play and typically have customers up and running in 2-4 weeks. ” As a result, the company is not focusing on working with consulting firms or system integrators to bring it to market.
Tocco is confident about Dawex’s future, explaining that “one day data exchange will be as mature as financial markets, and the value of data will be available on corporate balance sheets.” In other words, this is how organizations manage their data. Formally It is recognized as an aspect of corporate value that should be protected.
my view
Dawex is a specialist company focused on one thing: how to securely share and exchange data with trust. We have a very strong pedigree in this field. In the nine years since the company was founded, competitors have come and gone (remember Infochimps?). Current competitors do not pay the same forensic attention to data sharing as Dawex does, as they offer data exchange as an add-on to a broader portfolio. That’s why Dawex should be on your radar for organizations looking to start building their own data exchanges, and for GSIs looking to help clients accelerate time-to-value for data sharing projects.
