Dawex announces the launch of the Japan Data Exchange JDEX to foster a new Data Community

  • By ; Basel Khaled 

     

    Dawex, the leading data exchange technology company, today announced with Kanematsu Corporation and Japan Data Exchange Inc. the launch of JDEX, a Data Exchange Platform to create a large data trading community in Japan, spanning across industry, academia, and government, and contribute to the promotion of a cross-industry and cross-border data exchange environment. The platform, relying on Dawex Data Exchange technology and operated by Kanematsu, will serve the multinational trading corporation’s domestic and foreign network. JDEX platform enables the sourcing, exchange, sharing and commercialization of data products leveraging the platform's advanced features and capabilities.

    Emerging as a key component of the data economy, Data Exchanges are now clearly top of the agenda of an increasing number of corporations, public institutions and governments around the world. With new initiatives on frameworks and policies multiplying everywhere such as GAIA-X in Europe, Data Trading Alliance in Japan, the World Economic Forum or the Data Exchange Association (DXA), the market is increasingly being regulated and standardized encouraging the development of trusted cross-border, cross-industry data ecosystems such as JDEX.

    Awarded “Technology Pioneer” and chosen for the Global Future Council on Data Policy by the World Economic Forum in June 2020, Dawex delivered to Kanematsu the means to deploy a powerful data exchange strategy and to create value as the orchestrator of a rich data ecosystem in Japan and abroad.

    Developing the Japan Data Exchange (JDEX) is a crucial part of Kanematsu’s data strategy that we initiated three years ago. By partnering with Dawex, we rely on the most advanced data exchange technology available today to create and support a new data community. The flexibility and sophistication of Dawex solution enables us to offer a secure and trusted environment to data providers and data acquirers and easily address their business needs.” said Mr. Masahiro Harada, Senior Executive Officer, Electronics and Devices Division at Kanematsu Corporation.

    We are very excited to see this realization with Kanematsu coming to fruition and to observe the multiplication of cross-border and cross-industry data exchange initiatives. This results from a strong commitment impulsed by the Japanese government through its regulations, and initiatives such as the Osaka Track, enabling JDEX to build a rich data community.” stated Laurent Lafaye co-CEO of Dawex.

    “Now armed with advanced data infrastructure relying on Dawex technology, and leveraging a mature governance framework, the Japan Data Exchange will unlock the full potential of a growing data ecosystem and set an example for the transition into a data-driven economy.” says Fabrice Tocco, co-CEO of Dawex. “The data marketplace will enable the development of new data models and foster innovation in a trusted and secure environment.”

     

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