Cooperative Approaches to Data Sharing and Analysis for Industrial Internet of Things Ecosystems

The collection and analysis of industrial Internet of Things (IIoT) data offer numerous opportunities for value creation, particularly in manufacturing industries. For small and medium-sized enterprises (SMEs), many of those opportunities are inaccessible without cooperation across enterprise borders and the sharing of data, personnel, finances, and IT resources. In this study, we suggest so-called data cooperatives as a novel approach to such...