International Data Spaces

Fraunhofer presents key component for digital data exchange according to European values

Press Release / 22.2.2019

The digital networking of the world is forging ahead. This makes new business models, smart services and innovative service offerings possible. The prerequisite for this is the secure exchange of data in the value added chain. Meanwhile, the calls for German and European solutions in the fiercely competitive market for industrially compatible cloud-based solutions are becoming louder and louder. The International Data Spaces (IDS) initiative, established under the auspices of the Fraunhofer-Gesellschaft, enables open data marketplaces for business where data can be securely exchanged between trustworthy partners. On February 22, 2019, the International Data Spaces Association presented con-crete results with experts and decision-makers from research, industry and poli-tics, gave perspectives on further developments and discussed necessary in-vestments in local data sovereignty and AI.