Design of architecture principles for a logistics focused, multi-sided data marketplace architecture

Abstract

In today’s increasingly interconnected and digitized world, the logistics industry plays a critical role in global trade, enabling the seamless movement of goods across essential supply chains (Reinsel et al., 2020). The rapid evolution of digital technologies has led to an unprecedented proliferation of data generated from various aspects of logistics operations. However, despite the potential of this data to drive efficiency, cost reduction, and supply chain optimization, the logistics industry has been slow to embrace large-scale data sharing practices, resulting in a fragmented data ecosystem (PwC, 2019). Large-scale data sharing in the context of the logistics industry refers to the efficient exchange of information across various stakeholders, including shippers, carriers, freight forwarders, and other logistics service providers. By enabling access to a vast pool of data, logistics service providers can gain a more comprehensive understanding of the overall supply chain, leading to numerous benefits for the industry. Multi-sided data marketplaces (MSDM) are a promising concept that can play an important role in addressing this lack of data sharing on a large scale among businesses for any domain (Koutroumpis et al. (2020b)). They take the role of the neutral middleman by providing a platform to facilitate the data transactions, the ability to search for data sets and provide complementary services. Despite their perceived benefits, however, many initiatives remain in early stages (Spiekermann, 2019) and little research is published that demonstrates the usability of the concept for the logistics industry. As no open data sharing platform currently exists for the logistics industry (Bastiaansen et al., 2020), conceptualizing a multi-sided data marketplace architecture which meets the domain-specific multi-stakeholder context may contribute with novel insights...