A data sharing tool is a system which allows real-time data sharing across different systems. These platforms are scalable and offer security and governance, as well as user-friendliness for business users who aren’t technically minded. These platforms are not intended to be static, as are traditional single-box solutions. They are designed to allow real-time sharing of data. This includes multiple producers, consumers and clouds, as well as divisions and companies. It also allows for high data throughput and bidirectional data flows.

In a medical environment, this involves sharing patient records that are not identifiable to other clinicians and researchers. This allows collaboration on research projects in order to improve the quality of care and speed up the development of medical treatments. This enables quicker second opinions and assists the patient decide on the best treatment options.

Data sharing can help researchers to be more efficient. Researchers can pool their knowledge and resources which can reduce the need for duplication and allowing them to perform greater trend analyses that cover the entire geographical or topic area. Researchers can also save money by using existing data.

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

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