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Since data becomes more and more important in industrial context, the question arises on how data-driven added value can be measured consistently and comprehensively by manufacturing companies. Currently, attempts on data valuation are primarily taking place on internal company level and qualitative scale. This leads to inconclusive results and unused opportunities in data monetization. Existing approaches in theory to determine quantitative data value are seldom used and less sophisticated. Although quantitative valuation frameworks could enable entities to transfer data valuation from an internal to an external level to take account of progress in digital transformation into external reporting. This paper contributes to data value assessment by presenting a four-part valuation framework that specifies how to transfer internal, qualitative to external, quantitative data valuation. The proposed framework builds on insights derived from practice-oriented action research. The framework is finally tested with a machine tool manufacturer using a single case study approach. Placing value on data will contribute to management’s capability to manage data as well as to realize data-driven benefits and revenue. [https://link.springer.com/chapter/10.1007/978-3-030-85902-2_19]
Big data are collected along the entire food industry value chain, but remain mostly unused. Data sharing in data ecosystems could lead to efficiency gains and new revenue streams. We investigate data sharing within food industry and derive challenges and opportunities for data sharing in this context. We conducted interviews with ten qualified experts from the German food industry. The results reveal that mainly trust, usefulness and value influence users’ attitude towards data sharing. Our results confirm social exchange theory in conjunction with technology acceptance model as relevant underlying IS theories of data sharing.