What is a Data Sharing Tool?

A data sharing tool allows companies to share secure, real-time data with their community. This helps teams solve crucial business problems like dissolving silos and speeding the process of completing projects. It also improves collaboration through data transparency and unlocks new insights.

As enterprise IT applications expand and become more complex, the need for solutions for real-time sharing of data is now a necessity for realizing business goals. The volume of data generated by IoT devices as well as office equipment and website visitors is growing exponentially.

Many of these integrations are driven by a desire to enhance efficiency, performance or revenue streams. The most important issue is how to transfer these huge quantities of data, at scale, from source to destination without sacrificing its value. The traditional methods like SFTP or pre-signed URLs for objects and data movement via ETL processes, don’t scale to the volumes of data needed and are only applicable to a single vendor’s solution (e.g., Oracle, AWS Redshift, Snowflake).

To address the challenges of real-time sharing of data, there are a variety of solutions emerging. A specific class of platforms, that understand the data they contain and act as trusted intermediaries between applications can alleviate some of these problems. This shifts the burden of managing data flows to the platform’s provider and can simplify and speed up data integration by removing the many complicated Retry and Re-Transmission features that are inherent to most traditional tools.

best android torrenting app

Leave a Reply