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Jan Büchel / Barbara Engels IW-Trends No. 1 19. April 2022 Data Management by Companies in Germany: An Empirical Stocktaking

Companies that exploit their own data can use it to analyse and improve their business processes and thus improve their results. Firms can also benefit from using data jointly with other companies.

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An Empirical Stocktaking
Jan Büchel / Barbara Engels IW-Trends No. 1 19. April 2022

Data Management by Companies in Germany: An Empirical Stocktaking

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German Economic Institute (IW) German Economic Institute (IW)

Companies that exploit their own data can use it to analyse and improve their business processes and thus improve their results. Firms can also benefit from using data jointly with other companies.

This leads, for example, to increased transparency and efficiency along supply chains, which makes it possible to respond flexibly to changes in processes and the market. While the advantages of data sharing seem obvious from a macroeconomic point of view, it is unclear to what extent companies themselves are aware of these benefits and use data together with other companies. Against this backdrop, a representative survey was conducted among German companies from the industrial and industry-related service provider sectors in autumn 2021. The results are also evaluated according to certain company characteristics. The study shows that 71 per cent of companies in Germany do not fulfill the requirements for efficient data management, while 73 per cent do not use data jointly with other companies. Those firms that make joint use of shared data are more likely to be receiving data than providing it. While many companies complain of insufficient economic incentives for sharing data with other enterprises, they also face daunting legal obstacles. 68 per cent of the companies surveyed say that legal barriers make data sharing difficult.

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PDF herunterladen
An Empirical Stocktaking
Jan Büchel / Barbara Engels IW-Trends No. 1 19. April 2022

Data Management by Companies in Germany: An Empirical Stocktaking

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German Economic Institute (IW) German Economic Institute (IW)

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A question of Technology, Resources or Motivation?
Paula Risius / Susanne Seyda IW-Trends No. 1 23. May 2023

Digital Training: A question of Technology, Resources or Motivation?

The degree to which companies in Germany have digitalised their vocational training, if at all, is influenced by a variety of factors.

IW

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Jan Büchel / Armin Mertens IW-Kurzbericht No. 32 13. May 2023

How companies use ChatGPT

ChatGPT is currently very popular. The AI can answer questions in seconds, summarize entire texts or create programming code. On the one hand, there are many advantages for the economy and society, on the other hand, experts warn of dangers and call for ...

IW

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