What data sharing approaches are used in the industry?
Organizations employ a variety of methods to share the product data across an extended enterprise, from exchange of file based data packs to fully managed collaborative data sharing. The different methods adopted by the organisation are dependent on the maturity and nature of the business relationships. It also depends on the maturity of the information management capabilities of the organizations, as well as the accepted practice within an industry.
The most used methods are:
– Collaboration tools such as cloud storage or messaging apps
– File Transfer Protocol and the likes.
– Hub-based Data sharing platforms
A more detailed breakdown of the advantages and disadvantages of different data sharing tools can be found in our article on File Transfer Protocol (FTP) vs SharePoint vs Supplier Collaboration Hub.
The ShareAspace Hub based approach in combination with the transactional approach enables secure, auditable, timely product data sharing across the extended enterprise. The hub manages and shares product data and associated documents at a detailed level, whilst protecting the Intellectual Property of the organizations and respecting export controls. Check out CIMdata’s report on how ShareAspace offers a collaboration environment approach to support increased business speed, agility and systems complexity that is essential for bottom-line profits.