The pandemic has impacted all industries, both in terms of customer and employee safety, and rethinking business and production processes. Across all industries, it has become essential to make production more efficient, and increased competition and market volatility require strong decision making to reshape businesses and industries as manufacturing becomes more complex. The digitalization of manufacturing companies and the development of a digital ecosystem drive high-tech sectors and create new jobs. Data lies at the heart of most manufacturing processes, and plays a crucial role in them. It will not be possible to reduce losses through digitalizing processes, or to adopt a data-based decision-making model without employing the tools and mechanisms provided by digital platforms. Why has data become such a vital asset in manufacturing, and how will effective management of industrial data benefit the economy? What needs to be done to build an effective data regulation system in the manufacturing sector? Why is cooperation between industries vital in this period of digital transformation? What needs to be done to create a system to standardize industrial data in Russia and beyond? And what steps should be taken to build a cooperation ecosystem amongst manufacturing companies?