The Benefits of a Data Sharing Tool

A data sharing tool is a system which allows real-time data sharing across various systems. These platforms typically include scalability, security, and governance with ease of use for non-technical business users. These platforms aren’t intended to be static like traditional single-box solutions. They are designed to support 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 unidentified patient records with researchers and other clinicians. This allows for collaboration on research projects to improve care and accelerate the development of medical treatments. It also allows for faster second opinions and helps patients select the most effective treatment options.

Data sharing can also help research to be more efficient. Researchers can share their resources and expertise which can reduce the need for duplication and allowing them to conduct greater trend analyses that cover a greater geographical or topic area. Researchers can also save money by using existing datasets.

Finally, in a public sector instance, Airbnb recently shared anonymized host information with New York City to help solve the issue of illegal short-term rentals. This illustrates how sharing information can benefit both the public and private sector.