The Benefits of a Data Sharing Tool

A data sharing platform is a device that allows real-time data exchange between various systems. These platforms typically combine scalability, security, and governance with ease of use for non-technical business users. Contrary to traditional, single-box systems they are designed to meet the dynamic nature of real-time data sharing. This includes multiple consumers, producers and clouds, as well as divisions and companies. It also allows for high data throughput and bidirectional data flow.

In a medical setting, this involves sharing patient records that are not identifiable to other doctors and researchers. This allows for collaboration on research projects to improve care and accelerate the development of medical treatments. This enables quicker second opinions and helps the patient decide on the best treatment options.

Data sharing can help researchers to be more efficient. Researchers can pool their knowledge and resources and avoid duplicate work and enabling them to perform greater trend analyses that cover an extended geographical or topic area. Researchers can also save money by using existing data.

In a final public sector instance, Airbnb recently shared anonymized host information with New York City to help address concerns about illegal short-term rentals. This demonstrates how sharing data can benefit both the public and private sector.

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