The Benefits of a Data Sharing Tool

A data sharing platform is a platform which allows real-time data exchange across disparate systems. These platforms offer scalability, security and governance, as well as ease of use for users who aren’t tech-savvy. In contrast to traditional single-box solutions, these are designed to support the dynamic nature of real-time data sharing. This includes supporting multiple producers, consumers cloud, divisions or companies, high levels of data throughput as well as bidirectional flow, and allowing both continuous and one-time data exchanges.

In the medical field, this means sharing anonymized patient records with other clinicians and researchers. This allows collaboration on research projects to accelerate the development of new medical treatments and improve the quality of care. It also allows for faster second opinions and helps patients select the most effective treatment options.

Data sharing can aid in research efficiency. Researchers can pool resources and knowledge to avoid duplicate effort and perform larger analysis of trends over a wider geographic or topic. 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 shows how sharing data can benefit both the private and public sector.

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