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A data sharing platform is a device that allows real-time data exchange across different systems. These platforms typically combine scalability, security, and governance, while facilitating use for non-technical business users. These platforms aren’t designed to be static, like traditional single-box solutions. They are designed to facilitate real-time data sharing. This includes multiple consumers, producers and clouds as well as companies data-sharing tool and divisions. It also allows for high data throughput and bidirectional data flow.

In medical settings this involves sharing the patient’s records that are not identifiable with researchers and other physicians. This allows for collaboration on research projects in order to improve patient care and speed up the development of medical treatments. This enables quicker second opinions and helps the patient select the best treatment option.

Sharing data can also make research more efficient. Researchers can pool their resources and knowledge to avoid duplication of effort and enabling them to perform more extensive trend analyses across the entire geographical or topic area. Researchers can also save money by using existing datasets.

Airbnb shared anonymous host data with New York City as an example of an open-ended public sector solution to the problem of illegal short-term rentals. This demonstrates how sharing data can benefit both the private and public sector.

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