Towards a conceptual guideline for an economical assessment of manufacturing process data

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Authors: Johannes Mayer, Tobias Kaufmann, Philipp Niemietz, Thomas Bergs
Cited by: 0
References: 27

Abstract

Data will have an exponentially increasing economic value in the coming years. To harness the economic potential of data e.g. due to machine learning, data sharing is helpful to create the large amount of data needed to train models. For sharing data, the definition of prices for datasets is crucial. While current approaches exclusively take the data science perspective to evaluate the value of data based on quality dimensions, the consideration of a multidimensional assessability for transparent pricing is missing. The contribution of this paper is to sketch a conceptual guideline for assessing sensory-captured manufacturing process data from multidimensional perspectives.

Fields of Study & Subjects

Digital Transformation in Industry Impact of AI and Big Data on Business and Society Manufacturing Process and Optimization

Publication details

Journal / source
Procedia CIRP
Volume
138
Pages
298–303
Publication date
1 January 2026
Language
EN