The Benefits of a Data Sharing Tool

A data sharing platform is an application which lets real-time data exchange across various systems. These platforms provide scalability along with security and governance, and ease of use for business users who are not technologically adept. In contrast to traditional single-box solutions, these are designed to support the dynamic nature of real-time data sharing. This includes multiple consumers, producers and clouds, as well as companies and divisions. It also supports high data throughput and bidirectional data flows.

In a medical environment, this means sharing patient records deidentified to researchers and other healthcare professionals. This enables collaboration on research projects that accelerate the development of new medical treatments and improve care. It also allows for rapid second opinions and helps patients select the most effective treatment options.

Data sharing can also aid in research efficiency. Researchers can pool resources and knowledge to avoid duplicate effort and perform more comprehensive trend analysis over a greater geographic or topic area. It can also decrease the need for monetary investment in page new infrastructure by allowing researchers to draw on existing datasets.

Airbnb shared host data in anonymity with New York City as an example of a public sector solution for the problem of illegal short-term rentals. This is a good example of how sharing data can benefit both the public and private sector.