The Benefits of a Data Sharing Tool

A data sharing tool is a system which allows real-time data sharing across disparate systems. These platforms combine scalability with security and governance, as well as ease of use for users who aren’t tech-savvy. These platforms are not intended to be static, like traditional single-box solutions. They are built to allow real-time sharing of data. This includes multiple producers, consumers and clouds and divisions and companies. It also supports high data throughput and bidirectional data flow.

In the medical field it is necessary to share the patient’s records that are not identifiable with other clinicians and researchers. This allows for collaboration on research projects in order to improve care and accelerate the development of medical treatments. This facilitates quicker second opinions and helps patients decide on the best treatment options.

Data sharing also enables research to be more efficient. Researchers can pool resources and expertise to avoid duplication of effort and perform larger trend analysis across a larger geographic or topic area. It also helps reduce the need to invest money in infrastructure development by allowing researchers to draw on existing datasets.

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

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