In the business landscape, it is essential for companies to share their master data with stakeholders to seamlessly integrate it into projects. Master Data that can be integrated into projects are, for example, concepts captured in a library, such as physical objects or specifications as points of reference for various projects. Integration allows for collaboration and cooperation between project teams by enabling automation, making the data-sharing process error-proof.

The absence of automated or well-structured integration with master data leads to the following complexities:

1. Complexity on project initiation: The users would have to manually configure the “to be captured” information in the project software. And possibly having to ensure the alignment between various project software.

2. Duplication of data instances: Without automated integration, the traditional approach would demand manual data instantiation for each dataset within projects, increasing the probability of conflicting information between sources.

3. Lack of Synchronisation Between Library and Projects: In the absence of automated integration linking your master data and projects, version updates made in the library publication would not be made available for projects which brings a significant complication to data governance for projects. This disconnect could also result in conflicts among project stakeholders due to the inability to track and reconcile these changes effectively.

How does the Laces Data Platform help?

Linked Data is a set of standards for publishing, sharing, and connecting data on the web, enabling data to be interlinked and easily accessible by both humans and machines. The value of Linked Data lies in its ability to transform data into a more connected, accessible, and meaningful resource.

How Does the Process Unfold?

1. Publishing Your Library: The library owner organization takes the initiative to publish their library onto the Laces Data Platform, making it accessible to other organizations and their systems.

2. Retrieving Data From The Publication: Once the Library dataset is published and accessible to other organizations or teams, they can connect their applications to retrieve the required data from the publication.

3. Powering Projects with Master Data: The data from the published library can be used in projects with direct integration. This flexibility enhances project efficiency by allowing users to import and incorporate needed library data seamlessly.

The Laces Data Platform revolutionizes how businesses approach engineering projects by providing a systematic and automated means of integrating high-quality library data. From efficient project initiation and data consistency to improved collaboration and cross-organization sharing, the platform empowers businesses to unlock enhanced project outcomes and streamline their engineering processes.

Are you curious how integrating with the Laces Data Platform can impact your engineering projects and what value it could bring? Contact our integration expert Utku Sivacilar.