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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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Michael Hüther / Matthias Diermeier in Ernest Gnan / Christoph Schneider / Claudia Stowasser (Hg.) Schwerpunkt Außenwirtschaft 2021/2022 External Publication 4. July 2022

Globalisation under pressure?: How current megatrends shape the patters of international trade, capital flows and technology diffusion

Deglobalisation, digitalisation, decarbonisation, and demographic change have already left their mark on the global economy. In the future the multiple transformations that the international patterns of specialisation undergo are likely to accelerate as the ...

IW

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Jan Büchel / Barbara Engels in European Liberal Forum External Publication 4. July 2022

The Importance of the Data Economy for Europe’s Digital Strategic Autonomy

European companies need to have the ability to store, process, use, and share data securely and autonomously, for example by using cloud services based on agreed quality standards, values, and legislation.

IW

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