Leading with trust into the platform era

Aerospace & Defense companies are leveraging trusted business platforms to help manage and secure shared data.

Article data and insights provided by: IBM Institute of Business Value
Author: Christopher Maycher

Executives and enterprises are working towards establishing new systems and relationships that make collecting and sharing the right types of data possible in a highly protected and regulated industry.

An IBM IBV (Institute for Business Value) study showed that only around 30% of data from Aerospace & Defense companies is freely shared across all functional internal business areas. But when it comes to collaboration, 68% of companies are actively acquiring and sharing select data with their network or government partners.

Here are 5 steps you can take to safely share and use collaborative data:

Use data to refresh your business strategy:
Be restless and look for deeper insights into customers, markets, and competitors.
Develop a data-sharing roadmap:
Decide what data you are prepared to share and what data you have to keep close to your chest.
Establish secure data exchange:
Create security, transparency, and accountability for data that runs through your business platforms, well beyond your enterprise’s borders.
Create a data monetization strategy:
Recognize your data as one of the most valuable assets your company has.
Build and keep trusted partnerships:
Recognize each party’s role and understand the rewards you can achieve through deep collaboration.

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Automotive

Automotive manufacturers need agile supply chains, enhanced ecosystem monitoring, and data integrations for the software-defined products of the future.

Industrial Manufacturing

Large-scale production increasingly demands intelligent workflows to streamline the operations and processes among global networks.

Aerospace & Defense

Strict management of increasingly complex logistics, supply chain, procurement and maintenance are becoming mission-critical in today’s turbulent world.

Industrial Service

AI-enabled tools, advanced application management, and digital products to support your experts are driving a shift in the way services can be delivered.

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Leading with trust into the platform era

Aerospace & Defense companies are leveraging trusted business platforms to help manage and secure shared data.

Industry insights