A data sharing tool is an application that allows real-time sharing of data across various systems. These platforms are scalable and offer security and governance, and user-friendliness for business users who aren’t tech-savvy. These platforms are not intended to be static, as are traditional single-box solutions. They are designed to facilitate real-time data sharing. This includes multiple producers, consumers and clouds and divisions and companies. It also supports high data throughput rates and bidirectional data flow.
In a medical setting this involves sharing patient information that is not identifiable to researchers and other healthcare professionals. This allows collaboration on research projects in order to improve patient care and speed up the development of medical treatments. This allows for faster second opinions and assists the patient select the best treatment option.
Data sharing also helps research to be more efficient. Researchers can pool their resources and knowledge to avoid duplication of efforts and conduct a more extensive analyses of trends across a larger geographic or topic area. Researchers can also save money by using existing data.
Airbnb shared host data that was anonymous with New York City as an example of a public sector solution for the problem of illegal short-term rentals. This is a good example of how sharing data can benefit both the public and private sector.