In this case study we look at how Airbus shares engineering data on its aeroplane concepts with supply-chain partners to improve the efficiency and accuracy of its product design.
This case study is part of a project exploring the value of data sharing in the private sector. When sharing data, businesses face a range of challenges. A significant barrier is a lack of understanding of how increasing access to data can create business value, for example, by enabling new business models, increasing efficiency or reducing costs.
To help address this, we have been documenting real-world examples of how the private sector is creating value from increasing access to data.
- Sharing data across the supply chain is a growing trend and a key part of Industry 4.0.
- Sharing trusted data allows aerospace manufacturing to become much more efficient – design processes that used to require weeks to complete can now be completed in a matter of hours.
- Airbus teamed up with its supply chain partners to develop a proof-of-concept data sharing platform within the collaborative research project APROCONE.
- The aim was to increase supply chain efficiency and reduce aircraft development costs for manufacturers like Airbus.
- Creating a secure and efficient means to share data has helped companies like Airbus engage with new technology providers and researchers to support innovation as well as optimise supply chains.
- Improvements in supply chain optimisation are leading to more environmentally friendly outcomes with the intent to reduce the industry’s carbon footprint.
Many businesses are embracing the sharing of data, and are seeing tangible benefits for their organisations and across their entire sectors. Josh D’Addario, Consultant at the ODI, has been talking to these organisations and researching the benefits. Josh shares his top seven reasons why businesses should be sharing data.
The ODI is engaging with private-sector companies to show how sharing data can positively impact the bottom line.
We are already seeing open approaches to data happening in sectors such as physical activity, banking, and pharmaceuticals.
This project seeks to demonstrate the business value of sharing data to a sector, network or individual business, looking at how an organisation might benefit in terms of innovation, network capabilities, and brand positioning.
Get in touch with our team to discuss the potential for your organisation to get more from data, join our events and follow our research
We’re currently developing a toolkit to help people working in the private sector to plan their data sharing strategies. It is due to be created by the end of March, so please share your details below to receive the toolkit when it’s ready.