A data sharing tool is a software that allows real-time data sharing across multiple systems. These platforms typically include scalability, security, and governance with ease of use for non-technical business users. These platforms are not intended to be static like traditional single-box solutions. They are designed to allow real-time sharing of data. This includes multiple consumers, producers and clouds as well as companies and divisions. It also allows for high data throughput and bidirectional data flows.
In a medical setting, this means sharing de-identified patient records with researchers and other clinicians. This allows collaboration on research projects to accelerate the development of new treatments for medical conditions and improve the quality of healthcare. It also provides faster second opinions and assists patients select the most effective treatment options.
Sharing data can also improve research efficiency. Researchers can pool their knowledge and resources and avoid duplicate work and allowing them to conduct greater trend analyses that cover an extended geographical or topic area. It also helps reduce the need for financial investment in new infrastructure by allowing researchers to leverage existing datasets.
In a final public sector instance, Airbnb recently shared anonymized host data with New York City to help solve the issue of illegal short-term rentals. This is a clear example of how sharing data can benefit both the private and public sector.