The Volkswagen Group will be a founding member of the Catena-X Automotive Network, the German car giant has announced. The union, which currently consists of 25 partners from the fields of business and science, is pursuing the goal of creating uniform standards for the flow of data and information in the automotive value chain. This should serve as the basis for a digital ecosystem in which automobile manufacturers and suppliers, dealer associations as well as technology suppliers can take part. Volkswagen expects the cross-company, secure and antitrust law compliant data exchange to result in new opportunities for increased efficiency and transparency for production and supply chains.
“Data is a key driver for Volkswagen on the path to becoming a sustainable digital company and can become even more important, if we share certain data across corporate boundaries,” commented Gerd Walker, Head of Production and Logistics at the Volkswagen Group. “To tap into the full potential of a data network, we need uniform standards and common principles. With Catena-X, we are creating this valuable foundation to enhance our productivity through the secure and sovereign sharing of data and improve transparency along our supply chains.”