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The Benefits of a Data Sharing Tool

A data sharing platform is a system which allows real-time data exchange across multiple systems. These platforms typically include scalability, security, and governance, while facilitating use for non-technical business users. Unlike traditional, single-box solutions they are designed to meet the continuous nature of real-time data sharing. This includes the ability to support multiple producers, consumers cloud, divisions or companies, and high rates of data processing and bidirectional flow, and allowing both continuous and one-time data exchanges.

In a medical setting this involves sharing patient records that are not identifiable to researchers and other clinicians. This allows collaboration on research projects to improve patient care and speed up the development of medical treatments. It also provides faster second opinions and helps patients select the most effective treatment options.

Data sharing also enables research to be more efficient. Researchers can pool their resources and information to avoid duplication of efforts and also perform a larger trend analysis over a greater area of geography or topic. It can also reduce the need for financial investment in new infrastructure by making it possible for researchers to use existing data sources.

Airbnb shared host data in anonymity with New York City as an example of an open-ended public sector solution to the issue of illegal short-term rentals. This is a clear example of how sharing data can benefit both the public and private sector.

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