Local Business Unit

Glossary Page

A Local Business Unit (LBU) refers to a distinct operational division or branch within a larger organization that operates within a specific geographical area or region. LBUs are often established to cater to the unique needs and characteristics of the local market. They have a certain level of autonomy and decision-making authority, allowing them to adapt their strategies and operations to the local environment. LBUs are responsible for managing their own resources, such as personnel, budget, and assets, while aligning with the overall goals and objectives of the larger organization. This decentralized structure enables organizations to effectively serve diverse markets and customers at the local level.

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CESMII 2023: Dataspaces have arrived in U.S.

Catena-X, the open data ecosystem in the automotive sector, made a significant impact at the 2023 CESMII Annual Member Meeting. Collaborating with CESMII, Catena-X showcased its innovative approach to smart manufacturing, focusing on regulatory compliance, data-driven super-apps, and decentralized technology. The Catena-X Association's dialogue with CESMII led to discussions about expanding their open-source software core in the U.S. The joint exploration of a C-X Hub U.S. with CESMII marked a successful step in accelerating Catena-X's activities in the U.S., as reflected in their recent engagements and presentations.

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Chris S. Langdon

Nov 20, 2023

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CESMII 2023: International Manufacturing-X (IM-X) – “Make data work”

Discover the International Manufacturing-X (IM-X) Council, unveiled at the 2023 CESMII Annual Member Meeting, fostering a global collaborative data ecosystem for smart manufacturing. The U.S. and Germany lead the initiative, aligning digital twins and software applications. Dive into Manufacturing-X's inception, the IM-X workshop, and insights on collaborative projects like Catena-X.

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Chris S. Langdon

Nov 06, 2023

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Dataspaces tour through Europe: T-Systems in Naples and Vienna

Join the forefront of innovation with Telekom Data Intelligence Hub's cutting-edge dataspaces solutions, in partnership with IDSA. Explore the transformative potential of sovereign data sharing through cross-country collaborations, paving the way for a new era of digital possibilities.

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Nina Popanton

Oct 30, 2023