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.
With the foundation of Cofinity-X the shareholders BASF, BMW Group, Henkel, Mercedes-Benz, SAP, Schaeffler, Siemens, T-Systems, Volkswagen and ZF initiate the next step in Europe to foster the Catena-X initiative. Cofinity-X strives to be one of the first operating companies which aims to provide products and services for the secure exchange of data throughout the entire automotive value chain.
Cedrik Neike, Member of the Managing Board of Siemens AG and CEO Digital Industries: "The joint venture helps us to achieve sustainability and efficiency goals in the automotive industry faster and more efficiently. This is only possible in a strong team at eye level between the automotive industry, suppliers, and equipment manufacturers. Siemens provides Catena-X applications that can be used by all participants in the automotive value chain, especially small and medium-sized enterprises." lees meer op
https://press.siemens.com/global/en/pressrelease/foundation-joint-venture-cofinity-x-ten-partners-automotive-industry-will-further