Future customers will be able to access applications
and services to implement use-cases in the automotive value chain such as CO2
and ESG monitoring, Traceability, Circular Economy or Business Partner Data
Approaches for decarbonization:
Carbon Footprint Tracking solutions enable concise,
accurate calculation and reporting of CO2 values along the value chain. This
will allow Cofinity-X customers to stay ahead in Carbon Footprint transparency
and derive potential sustainability improvements to play an active role in the
global effort to reach net-zero.
Consistent and reliable traceability:
Tracing parts and components at any time throughout
the entire supply chain starting with raw material and closing the loop with
recycled parts. Traceability applications can give the possibility to display
the entire value chain and help to find ways to increase supply-chain
Circular economy for a sustainable value chain:
The recycling of materials is an ever-increasing topic of importance within the automotive industry. The information about the condition of components can be transparently displayed among suppliers and customers to properly re-use parts and components. By implementing circular economy, companies can improve the ratio of recyclable materials in their products and reduce waste.
Intelligent Business Partner Data Management (BPDM):
Companies invest significant resources to keep customer and supplier data up to date. The BPDM services of Cofinity-X cleans and enriches business partner data across the automotive industry. Customers of Cofinity-X thus can benefit from sorted, analyzed, uncluttered, and enriched partner data.
Collaboration between suppliers and customers throughout the automotive value chain:
“Increasing requirements to trace all materials throughout the entire value chain is one of the key factors Cofinity-X is built on. We will be an important part of a rapidly scaling ecosystem in which all companies in the automotive value chain can participate equally. Therefore, our product offering will initiate end-to-end data chains as well as generate value for all the participants.” Alexander Schleicher, Managing Director Cofinity-X
A product offering built to drive acceptance and adoption of small- and medium sized enterprises:
End-to-end data chains can only be created if all parties are willing to collaborate. Most of the companies in the automotive value chain are small and medium-sized enterprises. Cofinity-X will offer an easy and fast onboarding for these key players. Cofinity-X will build a portfolio around four key product and service offerings. The first products and services will be available from the end of April 2023.
Open Marketplace aspires to enable the efficient “matchmaking” of
network participants by creating an optimal environment for business
applications which customers can implement. All applications offered will be
compliant with the Catena-X and GAIA-X data exchange principles.
Data Exchange between parties will be based on sovereign, secure
and standardized principles without forcing a lock-in effect to certain
solutions. Every partner will stay in full control of their own data.
Federated and Shared Services will power the business applications offered on the
marketplace and enable data exchange in an interoperable open-source approach
ensuring added value for each customer.
Onboarding Services will foster the adoption of the Catena-X ecosystem
and accelerate the digital connection of automotive partners in every step of
the value chain to the ecosystem.
“Cofinity-X is pioneering the industrialization of
Catena-X standards and software artifacts to offer an onboarding point for
customers to the Catena-X data space. I am excited to see the first truly open
and interoperable product and service portfolio come to live and derive value
for all members.” Oliver Ganser, Chairman of the Board of Catena-X Automotive
Key automotive companies send out a strong signal and
The investment in Cofinity-X underlines the commitment
of the founding partners to establish the Catena-X ecosystem. Each shareholder
holds an equal share in this joint venture.