We free up resources
We want all companies to be able to cooperate globally by exchanging standardized master data.
Rather than worrying about interfaces, terminologies or differing item numbers, they should focus on their core businesses. Therefore, communication between their systems must take place on its own.
We simplify the complexity of this process by assigning a unique designation to every product and every service. Our task is to provide the categories and interfaces. The simpler something looks, the more demanding the work behind it has generally been. In this case, our members as well as thousands of companies, along with their experts and executives, have devoted their intelligence to producing a system that has achieved this simplicity. Stakeholders from all sectors of the economy support us in these efforts.
We combine the diverse interests of these various participants in ISO-compliant processes that lead to consistent results. The results also accord with international standards.
This is very important to all our members, as this represents a critical future strategic advantage for all users. Enterprises that apply this standard achieve a significantly higher degree of investment security than by using proprietary, individual-sector solutions.