The Benefits of a Data Sharing Tool

A data sharing platform is a platform which lets real-time data exchange across multiple 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 like traditional single-box solutions. They are built to support real-time data sharing. This includes multiple consumers, producers and clouds as well as companies and divisions. It also supports high data throughput rates and bidirectional data flows.

In medical settings it is necessary to share unidentified patient records with researchers and other physicians. This enables collaboration on research projects to accelerate the development of new medical treatments and improve care. It also allows for quicker second opinions and helps patients choose the most appropriate treatment options.

Data sharing can also help research to be more efficient. Researchers can pool their knowledge and resources which can reduce the need for duplication and allowing them perform more comprehensive trend analyses across a greater geographical or topic area. It can also decrease the need for financial investment in infrastructure development by permitting researchers to make use of existing datasets.

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

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