Engineering Innovation in
Digital Industry
An innovative, open, multi-sided digital marketplace for the manufacturing industry and supply chain, based on a trusted data sharing infrastructure for Industry 4.0.
Approach & Solution
Approach
Currently, online B2B marketplaces for equipment manufacturing and OEMs (Original Equipment Manufacturer) show a series of limitations related to provider or vendor lock-in, limited products and data.
Additionally, there are currently no marketplaces which leverage on more advanced technologies such as Digital Twins for simulation or re-configuration and customization. Finally, data sovereignty, is still a challenge and at the same time a key topic for industrial stakeholders.
MARKET 4.0 is an innovaton action developing a multi-sided, multi-stakeholder marketplace for industrial equipment and OEMs which is built with trusted data sharing by design (being based on the International Data Spaces Architecture).
Additionally, there are currently no marketplaces which leverage on more advanced technologies such as Digital Twins for simulation or re-configuration and customization. Finally, data sovereignty, is still a challenge and at the same time a key topic for industrial stakeholders.
MARKET 4.0 is an innovaton action developing a multi-sided, multi-stakeholder marketplace for industrial equipment and OEMs which is built with trusted data sharing by design (being based on the International Data Spaces Architecture).
Solution
MARKET 4.0 is developing the marketplace and related applications on the International Data Spaces (IDS) architecture, which ensures the implementation of the data sovereignty principles allowing the data exchange in a trusted data environment, also leveraging blockchain technologies.
In order to maximise impact, MARKET 4.0 conducts a series of piloting activities as well as Open Calls where SMEs and technology providers are being funded to provide new services and solutions through MARKET 4.0. The project has received co-funding from the European Union's Horizon 2020 programme - Contract No. 822064.
In order to maximise impact, MARKET 4.0 conducts a series of piloting activities as well as Open Calls where SMEs and technology providers are being funded to provide new services and solutions through MARKET 4.0. The project has received co-funding from the European Union's Horizon 2020 programme - Contract No. 822064.
Results
Boosting trusted data spaces in EU B2B solutions
Supporting the digitization of EU manufacturing
Innovative Industry 4.0 supply chain solutions
IDS ready multi-sided industrial marketplace
Project value
Cost cutting
Process performance
Innovation
Enabling Technologies
Cybersecurity
Blockchain
IoT
Cloud
Engineering proprietary products & other technologies
True Connerctor
Project Team
Research & Innovation