The Benefits of a Data Sharing Tool

A data sharing platform is a platform which allows real-time data exchange between disparate systems. These platforms typically include scalability, security, and governance with ease of use for non-technical business users. These platforms are not designed to be static, unlike traditional single-box solutions. They are designed to allow real-time sharing of data. This includes supporting multiple producers, consumers divisions, clouds, divisions, or companies, as well as high rates of data processing and bidirectional flows, and enabling both continuous and one-time data exchanges.

In a medical setting this entails sharing unidentified patient records with researchers and other clinicians. This allows for collaboration on research projects in order to improve care and accelerate the development of medical treatments. It also allows for quicker second opinions and helps patients decide on the best treatment options.

Sharing data can also aid in research efficiency. Researchers can pool their knowledge and resources which can reduce the need for duplication and allowing them to perform greater trend analyses that cover the entire geographical or topic area. It can also decrease the need to invest money in infrastructure development by allowing researchers to draw on existing datasets.

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