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.
Effective standard models have developed in the banking, insurance, pharmaceutical and automotive industries.
Consortia such as NATO tend to require strict standards for their members' equipment and supply databases.
If one organization needs to make changes to its software architecture that are not compatible with the current standard, it may cause data sharing issues.