Conexxus and the International Forecourt Standards Forum (IFSF) proudly announce the release of a comprehensive white paper detailing the benefits of the Joint API Data Dictionary. This core component of the Open Retailing project ensures consistent data terminology across applicable information technology systems.
The white paper builds on the collaborative efforts of IFSF and Conexxus, promoting the advantages of Open Retailing standards and the Data Dictionary. These standards streamline the creation of interfaces and data structures for the Transportation, Energy, and Convenience retail industries.
Linda Toth, managing director of Conexxus, emphasized the significance of this collaboration: “Both Conexxus and IFSF have a long history of providing standards for the Transportation, Energy, and Convenience retail industry. The joint work under Open Retailing was born out of a need for truly global API standards that leverage the expertise of both organizations’ members. Having one standard, no matter the geography of deployment, saves time and ultimately money for suppliers and retailers alike.”
By clearly defining common data elements, the Data Dictionary facilitates easy data sharing with partners and accelerates the creation of data lakes, crucial for advancing business analytics, machine learning, and artificial intelligence.
Carl Jones, program manager and chair of the IFSF board of directors, added, “The Joint API Data Dictionary is at the heart of the Open Retailing project and provides the foundation for all global API standards. It is critically important to communicate the principles behind the Data Dictionary and its benefits to our members to drive the adoption of Open Retailing standards.”
David Ezell, director of new initiatives at Conexxus, noted, “The paper outlines the benefits of the joint API Data Dictionary. While maintaining the dictionary requires careful curation, its use results in consistent definitions across systems, reduced development costs, reduced integration costs, and an overall reduction in the total cost of ownership of systems developed using the dictionary.”
About Conexxus
Elevate your innovation and competitiveness with Conexxus, a dynamic non-profit driven by our visionary and passionate members. Our primary commitment lies in driving technologies supporting operational innovations, advocating for the industry’s needs and success, and creating meaningful standards for the ever-evolving industry of convenience stores and retail fueling. Conexxus’ mission is to improve your time to market, reduce cost and risk associated with innovation, empower cutting-edge solutions that redefine the retail landscape, define technology roadmaps, and prepare our industry for the fast-changing landscape of retail and consumer experience.
About IFSF
The International Forecourt Standards Forum (IFSF) is a community dedicated to enabling technology standards for the benefit of retailers of automotive fuel and energy, and their suppliers. IFSF collaborates with other standards organisations and relevant institutions to achieve common standards for the interoperability of forecourt and convenience devices and services. IFSF depends on support from retailers, suppliers, and other industry stakeholders who contribute to, and benefit from, shared standards.