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Catena-X – for a high-performance automotive industry in Europe
Summary
Catena-X
Due to global mechanization and ever increasing international performance pressure on the European automotive market, it has to evolve continuously. The next step is called Catena-X. The development of this network focuses on the easy connection of OEMs with smaller companies, a simple overview of business processes and a market place for the exchange of data and contracts.
Vision
Catena-X is a collaborative, open data ecosystem for the automotive industry of the future. It networks global players to form end-to-end value chains – with the approach of being simple, secure and independent. The goal is standardized, global data exchange based on European values. The claim is data sovereignty: Whoever makes data available retains control and decides individually who is involved in the data exchange, how, when, where and under what conditions. Catena-X ensures secure and reliable implementation.
The added value
New business opportunities and profitability – from medium-sized businesses to corporations: Catena-X aims to improve the competitiveness of all participating companies. Enabled and implemented are use cases for digital, end-to-end supply chains with secure, sovereign and standardized data exchange.
Benefits: with above-average resilience, innovative strength and earnings opportunities. Catena-X is openly designed: Additional industries and ecosystems can be included in the future.
Data chains could cushion crisis consequences.
The approach of Catena-X: to...
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sovereign, cross-organizational data exchange. The claim is: Whoever makes data available retains control and decides individually who is involved in the data exchange, how, when and where.
The article explains in an understandable way what is behind the GAIA X project.