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 offer scalability, security and governance, as well as ease of use for users who are not technically minded. These platforms aren’t intended to be static, unlike traditional single-box solutions. They are built to enable real-time data sharing. This includes multiple consumers, producers and clouds, as well as companies and divisions. It also provides high data throughput rates and bidirectional data flow.

In a medical setting, this means sharing patient records deidentified to other doctors and researchers. This allows collaboration on research projects that accelerate the development of new medical treatments and improve treatment. This allows for quicker second opinions and helps the patient determine the best treatment options.

Data sharing can help researchers to be more efficient. Researchers can pool resources and knowledge to avoid duplication of effort and perform more comprehensive analysis of trends over a wider area of geography or topic. It also reduces the need for monetary investment in new infrastructure, allowing researchers to draw on existing datasets.

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

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