The Benefits of a Data Sharing Tool

A data sharing platform is a device which allows real-time data exchange across various systems. These platforms typically include scalability, security, and governance with ease of use for non-technical business users. In contrast to traditional single-box solutions, they are designed to meet the constant nature of real-time data sharing. This includes the ability to support multiple producers, consumers cloud, divisions or companies, high rates of data throughput and bidirectional flow, and allowing ongoing and one-time data exchanges.

In a medical setting this involves sharing patient information that is not identifiable to other clinicians and researchers. This allows for collaboration on research projects in order to improve the quality of care and speed up the development of medical treatments. This allows for faster second opinions and helps patients decide on the best treatment options.

Data sharing can also help research to be more efficient. Researchers can pool their resources and knowledge to avoid duplication of effort and perform more comprehensive analysis of trends over a wider geographic or topic area. Researchers can also save money by using existing datasets.

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