With The Foundation Of The Joint Venture Cofinity-X, 10 Partners Of The Automotive Industry Will Further Foster The Adoption Of The Catena-X Network
SAP News, January 31st, 2023
Cofinity-X strives to be one of the first operating companies that aims to provide products and services for the secure exchange of data throughout the entire automotive value chain.
BASF, BMW Group, Henkel, Mercedes-Benz, SAP, Schaeffler, Siemens, T-Systems, Volkswagen and ZF jointly founded Cofinity-X to accelerate the operation and adoption of Catena-X use cases throughout the automotive industry
Cofinity-X aims to operate an open marketplace for applications and provide products and services to enable the efficient and secure exchange of data between all participants of the ecosystem initially focusing on the European market
Cofinity-X will help to make important progress with the operationalization and build-up of end-to-end data-chains to trace material flows throughout the entire value chain
Basis for the operation will be the trusted Catena-X and Gaia-X principles ensuring full data sovereignty for data sharing parties in an open, trusted, collaborative and secure environment