Editing Industry standard data model (section)

{{more refs|date=August 2024}}
An '''industry standard data model''', or simply '''standard data model''', is a [[data model]] that is widely used in a particular industry. The use of standard data models  makes the exchange of information easier and faster because it allows heterogeneous organizations to share an agreed vocabulary, semantics, format, and quality standard for data. Organizations may save time and expense by using pre-existing data models instead of developing them in-house, although the process of making data conform to external models can also be a hindrance.<ref name=IBM/> 

Standards are often defined by [[standards bodies]] or [[technology companies]]. 

Most models use the [[relational model]] of database management, but some use the [[hierarchical model]], especially those used in manufacturing or those mandated by governments, such as models specified by [[DIN]] codes in [[Germany]].