David Oldfather President CEO Mike Wentz VP of










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David Oldfather, President & CEO Mike Wentz, VP of Sales & Marketing October 7, 2020 1 pm EST © 2020 Industry Data Exchange Association, Inc. All Rights Reserved. 11
• David Oldfather, President & CEO • • Tristate Electric Supply Company Hagemeyer North America Affiliated Distributors Jigsaw Systems, Inc. Mike Wentz, VP Sales & Marketing • • • © 2020 Industry Data Exchange Association, Inc. All Rights Reserved. Trade Service Systems Digital Equipment Corporation Epicor IDEA Insite Episerver 22
IDEA Presentation– October 2020 1 Introduction 2 IDEA’s Mission 3 IDEA Business Overview 4 IDEA Business Initiatives 5 Data Standards Update 6 Augment / Scale IDEA MDM Capabilities © 2020 Industry Data Exchange Association, Inc. All Rights Reserved. 33
OUR Mission Original Mission: IDEA’s original mission, which goes back to its founding in 1998, was to serve as a single source of data for the electrical industry Updated Mission: Assume a leadership position in facilitating the exchange of complete, high-quality, commercial grade transactional and e. Commerce content, which includes serving as the electrical industry’s standards body by owning, driving, and enforcing data standards © 2020 Industry Data Exchange Association, Inc. All Rights Reserved. 44
IDEA Business Overview IDEA is comprised of two for-profit businesses and is jointly owned by two non-profit Associations, NAED and NEMA: § IDEA Exchange - a value-added network which enables electronic data to be passed between companies § IDEA Connector – an industry product information platform which receives, validates, stores, secures and syndicates both transactional and e. Commerce enhanced data/content © 2020 Industry Data Exchange Association, Inc. All Rights Reserved. 55
IDEA BUSINESS INITIATIVES Electronic Data Interchange (EDI) • Continue to offer a competitive, cost efficient VAN to support industry • Enhance service offering by continuing to add outsourced managed services, and/or professional project services © 2020 Industry Data Exchange Association, Inc. All Rights Reserved. Master Data Management Platform (MDM) • Increase the Quantity of e. Commerce Content – Unlimited Capacity • Improve / Maintain the Quality of all IDEA Connector Product Content (transactional, as well as e. Commerce) • Develop and Implement a Meaningful, Quality Report / Dashboard for our Customers • Serve as the Standards Body for the Electrical Industry 66
Re-committed to serving as the Standards Body for the Industry: Data Standards Update © 2020 Industry Data Exchange Association, Inc. All Rights Reserved. • Co-sponsor ETIM North America • Board Seat on the ETIM Board • Chair ETIM North America’s Electrical Sector Board • Re-engaged with Product Data Standards Task Force • Pursuing a Proof of Concept for a “super data model” • Engaged DATAgility for analysis and expertise • Attend Electrical Industry and Association Board Meetings • Standards is a critical component of increasing efficiency for the industry 77
Augment / Scale IDEA MDM Capabilities IDEA launched new Connector platform (MDM) in April 2020 • Facilitates more rapid information exchange between trading partners • Creates a next-generation digital product experience • Supports the significant growth of e. Commerce sales in the electrical distribution channel © 2020 Industry Data Exchange Association, Inc. All Rights Reserved. New Features Additional Capabilities • Unlimited attributes and supports 360 -degree images • Unlimited digital assets, including video • CAD drawings • Specification sheets • Application-programming-interface (API) and micro-service compatible • IDEA FUSION - SQL Database to help manage their e. Commerce site • Powerful extract mapping platform • Data compatibility for various formats, including XML, EDI, CSV, and Excel • Full translation capability and multi-tenant architecture – supports product information management (PIM) mapped to and from IDEA Connector 88
IDEA will soon be offering two enhancements that will further simplify data loading, management, and extraction: • Vendor Portal – a multi-tenant carbon copy of the IDEA Connector environment primarily available for individual mfgs. to enter data as though it is a PIM; once it’s populated it automatically feeds into Connector. It also allows for data management via a mfg’s. own requirements. • Smart. Template Technology - enables a two-way tie-in to and from a distributor’s or manufacturer’s own Excel program directly to the IDEA Connector platform. IDEA will continue to make additional investments in technology and the industry’s top talent © 2020 Industry Data Exchange Association, Inc. All Rights Reserved. 99
QUESTIONS