The Benefits of a Data Sharing Tool

A data sharing platform is a system which allows real-time data exchange between different systems. These platforms typically combine security, scalability and governance, while facilitating use for non-technical business users. These platforms aren’t intended to be static, unlike traditional single-box solutions. They are designed to allow real-time sharing of data. This includes supporting multiple consumers, producers, clouds, divisions or companies, and high rates of data throughput and bidirectional flow and both one-time and ongoing data exchanges.

In a medical environment, this means sharing deidentified patient records to other doctors and researchers. This allows collaboration on research projects to improve care and accelerate the development of medical treatments. It also facilitates quicker second opinions and helps patients choose the best treatment options.

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

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