A data sharing tool is an application which allows real-time data sharing across multiple systems. These platforms are scalable and offer security and governance, and user-friendliness for business users who are not tech-savvy. Unlike traditional, single-box solutions these are designed to support the constant nature of real-time data sharing. This includes multiple consumers, producers and clouds as well as companies and divisions. It also supports high data throughput and bidirectional data flows.
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 to accelerate the development of new medical treatments and improve healthcare. It also allows for faster second opinions and helps patients choose the best treatment options.
Data sharing can also make research more efficient. Researchers can pool resources and expertise to avoid duplication of efforts and conduct a more extensive analyses of trends across a larger geographic or topic. Researchers can also save money by using existing datasets.
Airbnb shared host information in anonymity with New York City as an example of a public sector solution to the problem of illegal short-term rentals. This is a clear example of how sharing data can benefit both the public and private sector.