The Benefits of a Data Sharing Tool

A data sharing platform is a system that allows real-time data exchange across 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 these are designed to support the continuous nature of real-time data sharing. This includes multiple consumers, producers and clouds as well as companies and divisions. It also allows for high data throughput and bidirectional data flows.

In the medical field it is necessary to share de-identified patient records with researchers and other clinicians. This allows collaboration on research projects to improve care and speed up the development of medical treatments. This allows for faster second opinions and assists the patient select the best treatment option.

Data sharing also enables research to be more efficient. Researchers can pool their knowledge and resources to avoid duplication of effort and allowing them perform greater trend analyses that cover an extended geographical or topic area. Researchers can also save money by using existing datasets.

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