Definition: |
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noun. Industry standard data refers to a set of specifications, guidelines, or protocols that are widely accepted and utilized within a specific industry or field. This data is typically developed and agreed upon by experts, organizations, or regulatory bodies to ensure consistency, interoperability, and compatibility across different systems, processes, and technologies. It helps to establish a common framework for data collection, storage, exchange, and analysis, promoting efficiency, accuracy, and uniformity within the industry. Implementation of industry standard data enables seamless communication and collaboration among different stakeholders, facilitates data integration, and supports the development of innovative solutions and practices. GPT3.5
Word Forms:
- noun.
industry standard data (singular),
industry standard data (plural)
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