A data sharing tool is a system that allows real-time sharing of data across disparate systems. These platforms typically include scalability, security, and governance with ease of use for non-technical business users. These platforms are not designed to be static, as are traditional single-box solutions. They are designed to support real-time data sharing. This includes supporting multiple consumers, producers cloud, divisions or companies, high rates of data throughput and bidirectional flow and ongoing and one-time data exchanges.

In a medical setting this entails sharing anonymized patient records with researchers and other physicians. This enables collaboration on research projects that accelerate the development of new medical treatments and improve treatment. This enables quicker second opinions and assists the patient determine the best treatment options.

Data sharing also helps collect app iphone research to be more efficient. Researchers can pool their resources and knowledge, avoiding duplication of work and enabling them to perform greater trend analyses that cover a greater geographical or topic area. It can also reduce the need for monetary investment in infrastructure development by permitting researchers to make use of existing datasets.

Finally, in a public sector example, Airbnb recently shared anonymized host data with New York City to help to address concerns regarding illegal short-term rentals. This is a good example of how sharing data can benefit both the private and public sector.