The monetization of technical data : innovations from industry and research / Daniel Trauth, Thomas Bergs, Wolfgang Prinz, editors.
Trauth, Daniel, editor.; Bergs, Thomas, editor.; Prinz, Wolfgang (College teacher), editor.
2023
HF5548.2
Available Online

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Title The monetization of technical data : innovations from industry and research / Daniel Trauth, Thomas Bergs, Wolfgang Prinz, editors.
ISBN 9783662665091 (electronic bk.)
3662665093 (electronic bk.)
9783662665084
3662665085
DOI https://doi.org/10.1007/978-3-662-66509-1
Published Berlin, Germany : Springer, 2023.
Language English
Description 1 online resource (xvi, 650 pages) : illustrations (some color)
Other Standard Identifiers 10.1007/978-3-662-66509-1 doi
Call Number HF5548.2
Dewey Decimal Classification 658.4038
Summary The monetization of data is a very young topic per se, for which there are only very few case studies. There is a strategy or concept missing, which leads executives the way into the monetization of data, especially those, who have discovered the digital transformation or industry 4.0. for themselves or are threatened by it. Because machine data is usually unstructured and not usable without domain knowledge/metadata, the monetization of machine data has an as yet unquantifiable potential. In order to make this potential tangible, this work describes not only contributions from science, but also practical examples from the industry. Based on different examples from various industries, the reader can already become part of a future data economy today. Values and benefits are described in detail. The editors Dr. Daniel Trauth is a graduate engineer, has studied both mechanical engineering and economics and has successfully completed training as a mechatronics engineer. Daniel Trauth is a co-founder of senseering GmbH, which was awarded the official RWTH Aachen Spin-Off Award in 2019. Prof. Thomas Bergs has been managing director of the Fraunhofer IPT since 2001. On 1 June 2018, he was appointed professor at the Chair of Manufacturing Technology of Production Processes at the WZL of RWTH Aachen University and head of the Department of Process Technology at the Fraunhofer IPT. As successor to Professor Fritz Klocke, he is also a member of the board of directors of both production technology institutes. Prof. Wolfgang Prinz, PhD, studied computer science at the University of Bonn and received his doctorate from the University of Nottingham. Since 2001 he has been professor at RWTH Aachen University and, as deputy director of the Fraunhofer FIT, heads the Department of Cooperative Systems. For some years now, Mr. Prinz has been dealing with the technical basics of blockchain and the development and analysis of blockchain-based applications within the framework of the Blockchain Lab of Fraunhofer FIT.
Access Note Access limited to authorized users.
Source of Description Online resource; title from PDF title page (SpringerLink, viewed January 5, 2023).
Added Author Trauth, Daniel, editor.
Bergs, Thomas, editor.
Prinz, Wolfgang (College teacher), editor.
Available in Other Form The Monetization of Technical Data
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Monetization of data using the example of production machines: basics, challenges and potential
Part I - Legal aspects of data monetization
Part II - Business aspects of data monetization
Part III - Information technology aspects of data monetization
Part IV - Data monetization in the manufacturing industry
Part V - Data Monetization in Energy Technology
Part VI - Data Monetization in Other Emerging Application Fields.

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